Johnson Controls Earnings Rise 24 Percent
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Johnson Controls Inc. JCI.N, on  Tuesday said quarterly earnings rose 24 percent on growth in  both its automotive interiors and building controls businesses.
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The publisher said second-quarter profit rose 25.4 percent, to $277 million, driven by good results at its Standard & Poorâs unit.
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Microsoft Corp. MSFT.Oon Thursday  said its quarterly profit climbed as revenue rose 12 percent,  but its shares fell as investors failed to account for the  effect of the expensing of stock-based compensation in  assessing the earnings.
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Johnson Controls Inc. reported a 20 percent increase in profit for fiscal 2004, posting net income of $817.5 million, or $4.24 per share, compared with $675.
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IBM reported a better-than-expected 24 percent rise in preliminary quarterly earnings on Monday on strong sales in overseas markets, driving its shares up 6 percent and spurring a broader tech rally.
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JPMorgan Chase & Co.  said on Wednesday second-quarter net income rose 20 percent on strong investment banking and asset management results.
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Johnson & Johnson, the medical and consumer products company, said Tuesday that its fourth-quarter earnings rose almost 10 percent, in part because of lower taxes and a weak dollar that propelled overseas sales.
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NEW BRUNSWICK, N.J.  -- Health care products maker Johnson & Johnson on Tuesday posted a fourth-quarter profit increase of nearly 10 percent as revenues jumped by double digits despite declines in sales of two key product lines.
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IBM  reported a better- than-expected 24 percent rise in preliminary quarterly earnings on Monday on strong sales in overseas markets, driving its shares up 5 percent and spurring a broader tech rally.
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Bed Bath & Beyond Inc.  on Wednesday posted a 24 percent rise in its quarterly earnings as demand for its household goods remained strong.
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Adobe Systems Inc. , the top maker of graphic and Web design software, reported quarterly net profit rose 24 percent, aided by recent upgrades to its two big product lines.
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IBM  reported a better-than-expected 24 percent rise in preliminary quarterly earnings on Monday on strong sales in Asia, Europe and emerging markets, driving its shares up as much as 10 percent and spurring a broader tech rally.
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Johnson Controls Inc. (JCI.N: Quote, Profile, Research) , said on Tuesday that quarterly earnings rose 24 percent on growth in both its automotive interiors and building controls business.
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Citing strong economic conditions, the manufacturer posted fourth-quarter earnings of $689 million, up from $585 million a year earlier.
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Auto parts supplier Johnson Controls  Inc. JCI.N said on Friday that it expects higher sales and  earnings in fiscal 2005, driven by strength in both its  automotive group and controls businesses.
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The oil company said net income rose to $4.37 billion as record oil prices outweighed lower profits from gasoline production.
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Pub group JD Wetherspoon reports a 24% jump in annual profits helped by a rise in coffee sales.