Vivendi Ups Forecast After Strong Quarter
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France's largest media company, Vivendi  Universal, raised its 2004 earnings forecast as it reported a  19 percent increase in third-quarter underlying operating  profit, buoyed by a rebound in music and strong mobile phone  sales.
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Media and mobile telephone group Vivendi Universal said that third-quarter profits had risen by nearly sixfold and upgraded its full-year profit outlook owing to a change in tax arrangements.
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Wyeth  on Thursday said it raised its 2006 earnings forecast, citing its first-half performance and the success of key pharmaceutical products.
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Vivendi Universal raised its 2004  earnings forecast as it reported a 19 percent increase in  underlying third-quarter profit on Wednesday, driven mainly by  strong mobile phone sales.
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The companyâs strong quarterly results and optimistic outlook suggest that a weakening economy will not slow it down.
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Forest Laboratories (nyse: FRX - news - people ) said strong sales volume will propel fiscal second-quarter earnings higher than previously expected.
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Citing strong fourth-quarter results and prospects for growth in emerging markets, DuPont raised its earnings outlook for 2007 as well as its profit forecast for 2008.
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Apple rises with a forecast of higher earnings.
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Robust demand for cheaper phones lifted third-quarter earnings and the better than expected results sent the companyâs shares sharply higher.
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Vivendi's recovery is almost complete, the French media and telecommunications giant declared Tuesday, despite a massive second-quarter net loss bloated by the effects of the weaker U.S. dollar.
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France's largest media company, Vivendi Universal, raised its 2004 earnings forecast as it reported a 19 percent increase in third-quarter underlying operating profit, buoyed by a rebound in music and strong mobile phone sales.
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The business software company surpassed Wall Streetâs projections as the company reported a sharp rise in new software licenses.
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The company reported strong fiscal second-quarter results and positive trends seem likely to continue to drive healthy growth.
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The mood at Vivendi Universal&#39;s headquarters was distinctly upbeat during a Tuesday morning news conference here to announce the company&#39;s first-half results -- despite the fact that
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French media giant Vivendi turns in wider than expected first-half losses, blaming the impact of a weaker dollar.
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Sales in Europe were especially strong, rising 24 percent, the software maker says.
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The giant technology company gave Wall Street a pleasant surprise by announcing quarterly earnings that were far higher â up 24 percent â than most analysts had forecast.