Vivendi says net profit up
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French telecoms and media group Vivendi   VIV.PA reported a 10.9 percent rise in its first-half net   adjusted profit on Thursday, as growth from games and pay-TV   Canal Plus made up for lackluster trading at mobile arm SFR.
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Merck & Co.  said on Monday that quarterly earnings rose 12 percent on strong demand for its newer vaccines and medicines, and raised its 2007 profit forecast, sending its shares up 4 percent.
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Vivendi fourth-quarter sales rose 1.2  percent as buoyant trading at its Maroc Telecom and in video  games helped compensate declines at its music and French mobile  businesses.
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French telecoms and media group Vivendi   reported a 10.9 percent rise in first-half net adjusted profit   on Thursday, as growth from games and pay-TV Canal Plus made up   for lackluster trading at mobile arm SFR.
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Merck & Co  on Monday said its third-quarter profit rose sharply, helped by sales of its vaccines and cholesterol drugs, and raised its 2007 profit forecast in view of strong current trends.
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PARIS : French media giant Vivendi Universal reported a surge in its net loss so far this year but forecast a sharp turnaround in its finances for all of 2004.
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Health insurer posted a rise in quarterly net profit as  increased membership boosted revenue.
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France&#39;s largest media company, Vivendi Universal, raised its 2004 earnings forecast as it reported a 19 percent increase in third-quarter underlying operating profit, buoyed by a rebound in music and strong mobile phone sales.
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Department store operator Nordstrom Inc. on Tuesday said third-quarter profit jumped on higher sales, inventory changes and lower expenses, leading it above Wall Street estimates.
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Automaker Volkswagen AG said Friday that its third-quarter profit soared higher on improved sales in Asia, Europe and South America, along with lower costs for building cars.
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Third-quarter net income rose 7.4 percent to $960 million, helped by strong demand in international markets. The company also raised its full-year profit outlook.
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Royal Philips Electronics NV, a maker of medical and lighting equipment, said Monday net profit for the second quarter rose on the sale of its stake in a Taiwanese semiconductor company, but that exchange rates hurt sales.
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Swedish heavy lorry maker Volvo AB said its net profit leapt 24.5 percent in 2006 to 16.318 billion kronor (1.8 billion euros, 2.4 billion dollars), on the back of record sales.
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French media giant Vivendi Universal reported a surge in its net loss so far this year but forecast a sharp turnaround in its finances for all of 2004.
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Shares in Vivendi Universal surged higher as investors welcomed the French media conglomerate's strong 2004 full-year results and year-end net debt.
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The French oil giant said fourth-quarter profit rose 62% to 3.6 billion euros ($5.23 billion) as oil prices rose and and new projects in Angola and Qatar raised production.
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Media and mobile telephone group Vivendi Universal said that third-quarter profits had risen by nearly sixfold and upgraded its full-year profit outlook owing to a change in tax arrangements.