Sales rose 10percentto to $2.07 billion, with acquisitions and foreign exchange bolstering results by 2percentt.
Cost cuts and relatively healthy agricultural equipment sales in North America are expected to bolster results.
United Technologies has also turned to its commercial aerospace business to bolster results.
Unexpectedly lower taxes in the quarter bolstered results by 5 cents a share, the chief financial officer, Dominic J. Caruso, told analysts in a conference call.
Fairmont Hotels and Resorts Inc., whose operations include the Plaza in New York, said yesterday that second-quarter earnings fell 28percentt from a year ago, when a tax reassessment bolstered results.
Merrill Lynch reported that its third-quarter earnings climbed 50percentt as improving trends in financial markets and the effect of deep cost-cutting over the last two years bolstered results.
Citigroup reported strong results for the first quarter yesterday as a recent acquisition in California bolstered results in its consumer banking business and low interest rates encouraged consumers and corporations to borrow more.
The Walt Disney Company said today that an increase in visitors to its United States theme parks and a strong television advertising market helped bolster results in its most recent quarter, though a write-down of aircraft-related leases dragged down net income.
Demand for the company's wide array of consumer products, including a new over-the-counter form of the antihistamine Zyrtec and various other products recently acquired from Pfizer, bolstered results.
Schools are running booster sessions for whole classes during the holidays in an attempt to bolster results in...Children at hundreds of primary schools are cramming for Sats tests in the Easter holidays, it emerged yesterday.
| Updated Lazard's second-quarter profit rose 23 percent from the period a year earlier, as increasing deal activity and growth in assets under management bolstered results, the investment bank said on Thursday.
