Burger King Holdings Inc, the second-largest U.S. hamburger chain, posted quarterly profit rose 29 percent as discount menus and late-night hours attracted more customers. The shares gained the most ever in New York trading.
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Stockholm-based telecom equipment maker Ericsson announced layoffs alongside a plummet in fourth-quarter net profit on Friday.
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Nissan October-December net income jumped 26.6 percent. The company kept its full year forecasts as strong sales appeared to quell looming worries about a U.S. slowdown and an unfavorably strong yen.
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Pharmaceutical group Roche’s profit rose 10.44 billion dollars in 2007. The analysts expectations were beaten.
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Honda Motor Co posted a better-than-expected 38 percent rise in quarterly profit on Wednesday, helped by strong global sales of its new CR-V crossover and brisk U.S. demand for the Accord sedan.
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One of the U.S. biggest oil and gas companies - Occidental Petroleum Corp. –said Tuesday that its profit increased by 56 percent in the fourth quarter due to rewards from surging oil prices.
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McDonald's Corp. reported that its fourth-quarter profit rose 3 percent due to income tax benefits and another period of strong sales at stores open at least a year.
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Each Apple iPhone sold will generate nearly a 50 percent gross margin for Apple Inc. and partner Cingular Wireless, giving the companies a hefty profit, as well as plenty of room for future price cuts, according to a preliminary functional Bill of Materials (BoM) estimate created by iSuppli Corp.
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