Sharp Expects Record Operating Profit
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Sharp Corp., the world's largest maker of  liquid crystal display televisions, said on Monday it expected  operating profit for the April-September first half to rise 32  percent to a record on strong demand for LCD TVs.
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Electronic Data Systems Corp.  on Monday posted a higher-than-expected profit thanks to cost cutting, but it forecast 2005 earnings would fall short of analysts' estimates as it hopes to bring back growth by investing &#36;1 billion in key areas this year.
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The electronics manufacturer Sharp Corp. reported an 18 percent gain in profit for the third fiscal quarter Tuesday on healthy demand for liquid crystal display television sets and mobile phones with digital cameras.
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Anglo-Australian mining giant Rio Tinto has announced a 43 percent jump in in full-year net profit to a record 7.44 billion US dollars and forecast continued strong demand for commodities.
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BHP Billiton, the world's largest miner, is expected to post an annual profit exceeding 10 billion US dollars this week, setting a new Australian corporate record, analysts predict.
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Australian mining company WMC Resources Ltd. on Thursday forecast record profits for 2004 and announced plans to return up to 1 billion Australian dollars (US$761 million; euro570 million) to shareholders
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Taiwan Semiconductor Manufacturing Co., the world&#39;s biggest producer of made-to-order chips, on Tuesday reported record net profits in the third quarter amid increased demand for chips for cameras, mobile phones, notebook computers and other devices.
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Archer Daniels Midland posted a record quarterly profit on higher selling prices for ethanol and corn sweetener.
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Stocks looked headed for a flat start  on Wednesday with record high crude oil prices weighing on the  market along with a fresh batch of profit warnings on the eve  of a new earnings season.
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Wall Street is raising estimates of second-quarter earnings growth, estimating profits will be up 5.9 percent on average, according to Reuters Estimates, which compiles analysts' forecasts weekly for the Standard & Poor's 500 index .
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Sharp is planning to double production of solar electricity modules at a factory in Wales, it said Friday.
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Sharp Corp. (6753.T) said on Thursday it  would globally offer six new liquid crystal display (LCD) TVs  toward the year-end shopping season, stoking white-hot  competition further in the $45 billion LCD TV market.
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Microsoft is expected to report a sharp  rise in quarterly profit this week, boosted by surging revenue  as strong computer sales drive demand for its Windows operating  system and Office software.
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Japan's Sharp Corp. said on Tuesday it had developed a 65-inch liquid crystal display (LCD) television, the world's biggest, in a bid to break into the large flat-panel TV market dominated by plasma display (PDP) makers.
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Ryanair Holdings PLC posted a record full-year 2006 profit Tuesday amid higher fuel prices and strong competition, but offered a cautious forecast for 2007.
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COMPUTER and printer maker Hewlett-Packard has reported record revenues in every business and every region, with quarterly profit up 27 per cent.
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Japan's Sharp Corp. on Tuesday posted a  11.4 percent rise in quarterly profit on strong sales of liquid  crystal displays (LCDs) and mobile phones and left its  full-year outlook unchanged.