Allianz Shows Second-Quarter Profit Dip
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Insurance and banking group Allianz reported a 7 percent drop in second-quarter net profit Monday as lower interest earnings offset an improved performance by its Dresdner Bank subsidiary.
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Second-quarter profit fell by two-thirds at plane and train maker Bombardier Inc. (BBDb.TO: Quote, Profile, Research) as its regional aircraft business lagged a rebound
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Lloyd's, the world's biggest insurance underwriting market, has said that first-half pre-tax profit dipped 2.0 percent as a result of lower investment income returns.
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DuPont Co. , the No. 2 U.S. chemical company, on Tuesday reported lower-than-expected second-quarter profit due to lower U.S. volumes coupled with higher energy and raw material costs.
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Insurance giant Allianz said Thursday it would post a record net profit for 2007 despite a fourth-quarter loss at Dresdner Bank, which took a huge write down in connection with US subprime housing market losses.
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The steelmaker said costs related to the redemption of debt pulled down second-quarter profit, but the results beat Wall Street estimates.
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Electrolux AB, the world&#39;s biggest maker of household appliances, said second-half profit will be less than forecast as costs for materials including steel surge.
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Profits plummet in the second quarter, but the retailer looks to a brighter tomorrow.
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The German-US auto giant DaimlerChrysler posted weaker second quarter earnings on Wednesday but raised its full-year profit forecast thanks to cash from its sale of shares in the aerospace group EADS.
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Allstate Corp. ALL.N the second  largest home and auto insurer in the United States, on  Wednesday said profits fell largely because of hurricane  related damage claims.
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US grocery retailer Kroger has reported lower second-quarter net earnings, hit by the early redemption of debt and the continuing after-effects of the labour dispute in Southern California.
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The company said that one-time costs and a recall of Easy-Bake Ovens drove its second-quarter profit well below year-ago results.
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Transportation giant Bombardier Inc. said Wednesday that its second-quarter profit slid to $23 million from $68 million a year ago, but showed a sharp improvement from the first quarter&#39;s $174 million loss.
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Warehouse retailer Costco Wholesale Corp. said Thursday its second-quarter profit declined 16 percent as costs grew faster than revenue.
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Bayer unveiled a mixed set of second-quarter results, with operating profit beating analysts' expectations although bottom-line earnings stagnated and the pharmaceuticals division continued to cause headaches for the German maker of Aspirin.
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AMR Corp , parent of the world's largest carrier American Airlines, posted a second-quarter profit on Wednesday that fell short of Wall Street expectations, weakened by severe weather disruptions.
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Annual results show a drop in profits despite better efficiency.