Xerox Posts 79% Profit Increase
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Xerox said its board also approved an additional $1 billion for its stock buyback plan, on top of the $370 million remaining under the existing plan.
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Xerox Corp  posted better-than-expected quarterly earnings on Friday, boosted by solid sales of new color printers and other equipment.
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Microsoft Corp  signaled confidence to a rattled stock market by raising its full-year profit outlook above Wall Street targets and reporting a 79 percent rise in quarterly profit on Thursday.
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BEVERLY HILLS, Calif. (Dow Jones/AP) -- Hilton Hotels Corp. on Monday posted a 79 percent jump in third-quarter profit, as strong summer travel demand and higher room rates helped the company&#39;s bottom line.
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Hilton Hotels Corp. on Monday posted a 79 per cent jump in third-quarter profit, as strong summer travel demand and higher room rates helped the company&#39;s bottom line.
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Xerox Corp , the world's biggest supplier of office printers, copiers and related services, on Friday posted better-than-expected quarterly earnings, boosted by solid gains in equipment sales.
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Microsoft Corp  posted a 7  percent gain in net profit as demand for its Office software  and improved results from its online arm more than compensated  for a $1.1 billion charge to repair Xbox game consoles.
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News Corp. reported an 80 percent jump in net profits for the last three months of 2004 Wednesday driven by big gains in home video sales at its Twentieth Century Fox film studio and also higher income at its Fox News Channel and other cable networks.
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Edison International (EIX) on Friday posted a 49 percent increase in third-quarter earnings, with most of the earnings coming from completed and planned asset sales.
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Eastman Kodak Co  said on Wednesday its fourth-quarter profit rose, driven by sales of digital products such as inkjet printers.
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STAMFORD, Conn. -- Xerox Corp. reported Thursday that third-quarter profits increased 39 percent, citing strong sales of new products and demand for document services.
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Occidental Petroleum Corp. OXY.N on  Monday reported a higher quarterly profit, benefiting from high  oil and gas prices.
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Dell Inc, the world's second-largest personal computer maker, said on Thursday its quarterly profit rose a higher-than-expected 46 percent as it benefited from lower component costs.
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Xerox Corp , the leading provider of digital printers and document management services, on Thursday posted sharply higher quarterly profit, fueled by solid sales of higher-margin color systems.
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Microsoft Corp. on Thursday said its quarterly profit climbed as revenue rose 12 percent, driven by demand for the company's core software products from businesses and higher sales of personal computers and servers.
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Viacom Inc. on Thursday said its quarterly profit from continuing operations rose 12 percent on higher cable network advertising sales and announced a larger-than-expected stock repurchase, sending its shares up 3 percent.
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The pharmaceutical's net revenue jumps 77%.