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Roche 2005 profit boosted by cancer drugs, Tamiflu
Reuters - Operating profit at Swiss
drugmaker Roche Holding AG rose 33 percent to 9.025
billion Swiss francs ($7.04 billion) in 2005, beating analysts'
expectations on strong cancer and flu drug demand.
Shell 4Q Earnings Fall 4 Percent to $4.37B
AP - Royal Dutch Shell PLC reported a 4 percent drop in fourth quarter net profit and a 2 percent decline in sales Thursday, as the impact from hurricanes Katrina and Rita outweighed the high price of oil.
Nissan Reports Marginal Rise in Profit
AP - Nissan reported a 0.6 percent rise in profit for the latest quarter on Thursday as sales surged 10 percent.
Hitachi Earnings Slide Despite Higher Sales
TechWeb - Earnings tumbled 79% due to losses in hard disk drive and PC operations, as well as accounting changes due to pension fund liabilities, the company said.
Dollar slips but US rates provide support
Reuters - The dollar edged lower on Monday but
stayed within sight of a seven-week high against the yen after
an upbeat U.S. jobs report and a fall in the unemployment rate
last week reinforced expectations for higher U.S. interest
rates.
Playtex posts 4th-qtr loss on charges, lost sales
Reuters - Playtex Products Inc. on
Monday posted a fourth-quarter loss versus a profit a year ago,
hurt by charges and lost sales from smaller brands it sold to
focus on its core products such as tampons.
WGL Holdings profit rises in first quarter
Reuters - WGL Holdings Inc., parent company of
Washington Gas Light Co., on Tuesday posted a higher quarterly
profit but trimmed its full year forecast, citing warmer than
expected weather conditions in January.
Renault Posts 19 Pct. Net Profit Increase
AP - Renault Chief Executive Carlos Ghosn unveiled a three-year strategic plan for the French car maker on Thursday and said net profit rose 19 percent last year.
Mazda Reports 39 Pct. Jump in 3Q Profit
AP - Mazda reported a 39 percent jump in profit for the third quarter from the previous year on Friday, and raised its full-year forecast to what will be a record for the Japanese automaker for a second straight year.
Gains could be elusive on the TSX on concerns the correction has a way to go
Canadian Press - TORONTO (CP) - Investors will tread cautiously as trading resumes on the Toronto stock market to see whether last week's correction led by energy and mining stocks has run its course.
North American stock markets poised for weak start; oil prices dip
Canadian Press - TORONTO (CP) - Global indicators suggested a negative start to North American stock trading early Monday as crude oil prices edged lower.
UMC's Q4 profit more than doubles on strong demand
Reuters - UMC (2303.TW), the world's
second-largest contract maker of microchips, reported its
quarterly profit more than doubled, beating forecasts, fueled
by stronger-than-expected demand in the year-end shopping
season.
BHP Reports Highest Half-Year Profit
AP - Mining giant BHP Billiton on Wednesday posted the highest half-year net profit in Australian corporate history thanks to soaring commodity prices driven up by voracious demand from China.
DaimlerChrysler steers round Smart car losses to lift earnings
AFP - German-US auto giant DaimlerChrysler said that it had managed to boost its bottom-line last year despite the costs of restructuring its loss-making Smart car unit.
North American stock indexes poised for mixed start; oil prices climb
Canadian Press - TORONTO (CP) - Global indicators suggested a mixed start to North American stock trading Friday as oil prices spiked on news of potential Nigerian unrest.
Wall St. Rally May Require More Good News
AP - Turns out that the economy is doing pretty well, after all. Federal Reserve Chairman Ben Bernanke's congressional testimony sparked a major rally on Wall Street last week, with the Dow Jones industrial average hitting a new 4 1/2-year high after the Fed chief gave a bullish assessment of economic growth for 2006.
Nikkei hits 4-week low as foreign selling weighs
Reuters - The Nikkei share average closed below
15,500 for the first time in a month on Monday, declining 1.75
percent as Sony Corp. extended losses after a brokerage
downgrade and as concerns about foreign selling weighed on
shares across the board.
Nikkei closes up nearly 3%, biggest gain in 3 weeks
Reuters - The Nikkei rose 2.96 percent to post its
biggest one-day percentage gain in three weeks on Tuesday as
property shares such as Sumitomo Realty & Development Co. Ltd.
(8830.T) rose on a report pointing to a rise in rents in
central Tokyo.
BASF sees 2006 growth after Q4 profit dips
Reuters - BASF, the world's top
chemicals company by sales, forecast similar or better earnings
this year after posting a 1.6-percent dip in quarterly profit
due to damage caused by U.S. hurricanes.
Utilities spark European gains
FT.com - European equity markets made a positive start to trading on Thursday on a busy day for corporate earnings with attention focused on continued takeover speculation and results in the utilities sector.
Weak start expected for Europe
FT.com - On the final day of a busy week for corporate earnings, European equity markets were expected to open flat to slightly weaker on Friday following overnight declines on Wall Street.
Real GDP and slew of big-bank earnings to provide traction for the TSX
Canadian Press - TORONTO (CP) - A fresh spate of economic reports and big-bank earnings are poised to drive North American stock markets this week as investors look for more clues about the health of the Canadian and U.S. economies.
Stock Futures Up on Apple, Disney Report
AP - U.S. stock market futures tilted higher Monday, helped by a published report suggesting that Walt Disney & Co. may be snapped up by Apple Computer and by a decline in crude-oil futures.
SEC Approves Merger of NYSE, Archipelago
AP - Federal regulators have approved the merger of the New York Stock Exchange with electronic rival Archipelago Holdings Inc., the final hurdle in a market-shaping deal that will transform the 213-year-old Big Board into a for-profit company.
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