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GlaxoSmithKline profits rise 34 percent to $824M
2015-10-29 04:14:48| Biotech - Topix.net
London a British drugmaker GlaxoSmithKline saw third quarter net income rise to $824 million from $614 million a year earlier as it benefits from a recent asset swap with rival Novartis. The company said Wednesday that sales of consumer healthcare products rose 55 percent with the start of over-the-counter sales of Flonase in the U.S. and a strong performance from pain relievers Voltaren and Panadol in Europe.
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Australia bank sees profits rise
2015-10-28 02:26:48| BBC News | Business | UK Edition
One of Australia's biggest lenders, National Australia Bank, has posted an after-tax profit rise of 19.7% for the full year to September.
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Twitter profits rise
2015-10-27 22:26:13| BBC News | Business | UK Edition
Twitter reported a 58% rise in revenue for the three months to September, compared with the same period last year.
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profits rise
Profits at Volvo Rise Despite Drop in Truck Orders
2015-10-24 11:28:41| Appliances - Topix.net
Volvo AB said the krona's decline on currency markets helped boost third-quarter operating profit even as truck orders, a predictor for future sales, dropped 15%. Earnings excluding interest, taxes and costs related to restructuring surged 75% to 5.1 billion kronor , Gothenburg, Sweden-based Volvo said in a statement Oct. 23. Advance sales contracts for trucks declined to 42,648 vehicles, while orders for construction equipment dropped even more, falling 34% to 7,898 units.
Daimler sales, profits rise on C-Class, SUVs
2015-10-22 09:27:52| Auto Dealers - Topix.net
German automaker Daimler AG says net profit fell 14 percent to 2.4 billion euros in the third quarter, due to a large one-time gain a year ago from selling a stake in Rolls-Royce Power Systems Holding. Otherwise the Stuttgart-based company saw record sales for its Mercedes-Benz brand of luxury cars and increasing profits from its ongoing businesses.
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