AMP&#39;s H1 profit beats expectation
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Insurer and fund manager AMP Ltd. , on Wednesday posted a better-than-expected first-half profit on higher investment returns and improved margins, and targeted a stronger performance for the remainder of the year.
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Australian financial services group AMP Ltd. on Wednesday reported a return to profit in the first half of the year after cutting loose its loss-making British insurance operations.
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The worldâs largest soft drink maker reported higher-than-expected quarterly profit on Wednesday, helped by higher sales, acquisitions and foreign exchange rates.
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Hewlett-Packard Co. says its fiscal first-quarter profit exceeded analysts expectations, climbing 38 percent on strong computer sales, and it sees a brightening future.
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AFTER 7 years of operation, Australian online media heavyweight ninemsn has recorded its first annual profit of $14.4 million. The result compares with a net loss of $800,000 in 2003, which excluded the company&#39;s
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Anglo American reported a 76 percent increase in annual profit as it increased production capacity and benefited from higher metal prices. It also said it would buy back $3 billion worth of its shares. Anglo said profit for 2006 came to nearly $6.2 billion, up from $3.52 billion the previous year. Revenue rose 12 percent, to $38.6 billion. Excluding one-time items, Angloâs profit rose 46 percent, to $5.5 billion. The company did not break out quarterly results. âOur strong performance was due to increased production across the majority of our businesses and higher prices, in particular for base metals, platinum and iron ore,â the chief executive, Tony Trahar, said. Operating profit from gold rose 41 percent, the company said. Operating profit from diamonds was down 21 percent.
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THE Australia and New Zealand Banking Group announced a record increase in full-year profit of almost 20 per cent yesterday. ANZ, the smallest of Australia&#39;s big four banks, generated after-tax profit of $2.
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Astral Media Inc reported a 15 percent  jump in first-quarter earnings on Monday, helped by a strong  performance from its radio arm.
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General Electric brought a strong economy to life yesterday. The nation&#39;s largest company, which by its presence in such a variety of businesses is considered a proxy for the broad economy, reported profit rose 11% to $4.
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EMC Corp , the No. 1 maker of corporate data storage equipment, reported quarterly profit that beat Wall Street forecasts and boosted a stock buyback on Thursday.
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YESTERDAY Close $33.32 Change +$0.35 52-WEEK High $39.81 Low $26.07 Analog Devices Inc. , a Norwood maker of semiconductors used in products from mobile phones to cars, said first-quarter profit increased 27 percent.
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Hewlett-Packard (nyse: HPQ - news - people ) on Tuesday posted a 26.5% rise in fourth-quarter profit. For the three months ended Oct. 31, HP reported net income of $1.091 billion, or 37 cents per share, well
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First quarter profits at computer maker Hewlett-Packard jump 26% on strong PC and notebook computer sales.
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For the quarter, EMC, the worldâs No. 1 maker of corporate data storage equipment, beat analystsâ estimates.
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Hewlett-Packard Co. delivered a fiscal first-quarter profit above analyst expectations and brightened its outlook for the rest of the year, providing a ray of high-tech hope amid the gathering economic gloom.
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SAN FRANCISCO: Hewlett-Packard Co said on Tuesday its quarterly profit rose 27% as the computer and printer maker saw record revenues in every business and every region and fixed problems with its server and storage unit, sending shares higher by 8%.
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The Pepsi Bottling Group reported higher-than-expected profit yesterday, helped by cost controls and price increases, and raised its full-year forecast, sending its shares up.