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ThyssenKrupp posts 28% jump in year net profit

Article Abstract:

Fiscal-year net profit for German steel company ThyssenKrupp AG rose by 28% to reach $3.08 bil, fostered by high demand in stainless and service businesses. Sales grew 10%, but shares fell 6% due to conservative expectations for 2008.

Author: Hromadko, Jan
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Sales, profits & dividends, Securities issued, listed, Blast furnaces and steel mills, Securities, Company sales and earnings, Steel industry, Company earnings/profit, Company securities, ThyssenKrupp AG, Financial report

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E.On slates $56 billion for growth initiatives

Article Abstract:

German electric utility E.On AG has set aside $56 bil for growth initiatives that include buying back 10% of its shares, increasing dividends, finance possible acquisitions, and expand outside its domestic market.

Author: Hromadko, Jan
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
Electric Utilities, Electric Power Generation, Transmission and Distribution, Financial management, Electric services, Company investment, Investments, Growth, E.ON AG, Company growth

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Subjects list: Germany
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