Applied Materials sales double
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Applied Materials Inc. beat analysts&#39; third-quarter quarter profit expectations by a penny amid a 104-per-cent surge in sales and a 134-per-cent jump in new orders.
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Businesses saw inventories rise in July as sales picked up, the government reported Wednesday.
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Worldwide semiconductor sales rose 2.2  percent to $20.6 billion in July, an industry group said on  Tuesday, helped by rising demand for consumer electronics.
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Worldwide shipments of personal computers rose strongly in the second quarter due to growing demand in Asia and unexpected strength in the U.S.
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Ceradyne Inc.  said on Monday quarterly profit more than doubled, spurred by higher sales of its ceramic body armor plates for U.S. troops.
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Mittal Steel said Thursday that its profits soared in the fourth quarter, and in 2004, on skyrocketing global demand for building materials.
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Global sales of servers, powerful computers used by large companies, rose 7.7 percent in the second quarter to $11.55 billion (6.4 billion pounds) as demand for information technology remained strong after a three-year downturn
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U.S. prescription drug sales rose 8.3 percent to $274 billion last year, fueled by the Medicare drug benefit, increased use of generic medicines and new treatments for diseases such as cancer and diabetes, according to a new report.
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Applied Materials Inc. ,  the top supplier of equipment for making microchips, on Tuesday  posted a quarterly profit that nearly tripled and said revenue  could rise as much as 5 percent in its current quarter.
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Caterpillar Inc. CAT.N said on  Thursday quarterly earnings more than doubled on continued  strong demand for its heavy equipment.
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Business & money: Average interest rates on personal loans have jumped to almost double the advertised rate
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Applied Materials (nasdaq: AMAT - news - people ) announced better than expected results for the fiscal third quarter. The chipmaker reported quarterly earnings of 26 cents per share and revenue of $2.236 billion. Wall Street expected earnings of 25 cents ...
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Applied Materials (AMAT:Nasdaq - news - research) posted sharply higher net income in its fiscal fourth quarter but said it had seen demand decelerate recently.
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Applied Materials Inc. AMAT.O,  the largest producer of chip-making equipment, on Wednesday  said demand for advanced manufacturing tools pushed quarterly  profit and sales higher, but warned that chip oversupply would  lead to lower orders and sales in the current quarter.
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(InfoWorld) - Worldwide semiconductor sales surged to a record high $20.5 billion in August,Â led by memory chips, particularly DRAM (dynamic RAM) and NAND flash, the Semiconductor Industry Association said Tuesday. Strong PC sales helped boost both DRAM and microprocessor sales, the SIA said. And in a good sign for users, average selling prices for microprocessors fell 18 percent compared to last year due to stiff competition between makers such as Intel and Advanced Micro Devices. Chips used in consumer electronics devices showed strong growth as producers began stocking up ahead of the important holiday season. The sharp decline in gasoline prices has also been an aid, the SIA noted, since consumers can spend their fuel savings on electronic devices instead. The global chip industry derives over half of its revenue from consumer products such as mobile phones, MP3 players, and digital cameras. The August sales record was an increase of 10.5 percent over the same time last year, and 2.1 percent better than July, when chip sales totaled $20.1 billion. The previous record for one-month worldwide chip sales was $20.4 billion, set in November of last year.
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Stryker reports a quarter of double-digit growth in both revenue and earnings.
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Worldwide sales of external disk storage systems hit $3.5 billion in the second quarter, up 8 percent from the same period a year ago, according to research firm IDC.