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The supermarket beat forecasts for the second quarter, but warned of tougher trading ahead.
The Eastman Kodak Company said yesterday that it expected to beat forecasts for second-quarter earnings because of improved productivity.
That was the strongest growth since early 2002 and beat forecasts for growth of 5.3% in a Reuters poll of economists.
The company, which supplies Apple's iPhone, has jumped more that 5% to £12.13 after it beat forecasts for its first quarter.
The publisher surprised investors by saying it expected to marginally beat forecasts for the year and that its reduction in net debt to £35m was significantly better than expectations.
The software maker easily beat forecasts for both earnings and sales and issued rosy 2006 guidance.
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Sales for the quarter, which ended in December, declined 21 percent to $219 million, from $275.7 million a year earlier, beating forecasts for $205.1 million.
Technology stocks led the market higher, especially after Hewlett-Packard surprinvestorsstors by beating forecasts for the companys fourth-quarter earnings.
While the bank's reported profit for the half-year was $11.1bn, the underlying profit was up 30% to $9.6bn – beating forecasts for around $8.4bn.
Figures for September alone showed a small month-on-month rise in output of 0.3%, beating forecasts for a 0.2% dip in a Reuters poll of economists.
Official figures showed retail sales volumes were up 1.7% from the month before, beating forecasts for growth of 0.5% in a Reuters poll of economists.
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