Bayer Reports Flat Net Profit in 2Q
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German drug and chemical company Bayer AG said Tuesday that net profit remained flat in the second quarter due to one-time charges, but operating earnings rose 44 percent in the quarter.
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Goldman Sachs reported that profits were flat from a year ago, as the weak mortgage market helped drive down fixed-income revenues.
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Annual results show a drop in profits despite better efficiency.
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Troubled retailer Toys "R" Us Inc. reported Monday that the company swung to a profit in the latest second quarter, compared with a loss in the year-ago period.
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Diversified manufacturer Ingersoll-Rand Co Ltd  reported better-than-expected quarterly net profit on Friday on international results and demand for such industrial products as air compressors, sending its shares up 2.2 percent in early trading.
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Swiss pharmaceutical maker Novartis AG reported a 45 percent drop in fourth-quarter net profit on Thursday, citing restructuring costs and a weak performance in the U.S. market.
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Sun doubled its profit in the quarter ended Dec. 30, although revenue was nearly flat compared with the same period a year earlier, the company announced Thursday.
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Investors in Germany's Bayer will get  one share in chemicals and polymers spin-off Lanxess for every  10 Bayer shares held, a German newspaper said, valuing Lanxess  at nearly 1.6 billion euros ($1.97 billion).
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The leading warehouse club operator reports a flat Q3 EPS on returns charge.
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Merck & Co.  on Wednesday stood  by its forecast of flat earnings for 2006 and projected  slightly higher 2007 results, in line with Wall Street  expectations, as the drugmaker grapples with generic  competition for a number of its medicines.
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Reversing a year-earlier loss, Sun Microsystems this afternoon reported second-quarter net profit of $28 million and revenue of $2.84 billion.
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Paper products leader Kimberly Clark reports flat earnings, but robust cash flows.
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Diversified manufacturer Ingersoll-Rand Co Ltd  reported better-than-expected quarterly net profit on Friday on stellar international results and demand for such industrial products as air compressors, sending its shares up about 2 percent.
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BASEL, Switzerland  - Swiss drugmaker Novartis AG  missed forecasts with a 42 percent drop in fourth-quarter net profit, hit by generic competition and a one-off restructuring charge, sending its shares lower.
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German chemical and drug maker Bayer AG said Tuesday its second-quarter net profit increased by 11.3 percent, helped by sales growth at its health-care unit.
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DuPont Co.'s  second-quarter  profit fell as price hikes for its products failed to offset  increases in energy costs, the No. 2 U.S. chemicals maker said  on Tuesday.
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DaimlerChrysler (DAIGn.DE) generated  second-quarter earnings before interest and tax of 2.13 billion  euros ($2.90 billion), the German carmaker said on Wednesday,  in line with market expectations.