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Inco makes profit history.


Mining giant Inco Ltd. has outdone out·do  
tr.v. out·did , out·done , out·do·ing, out·does
To do more or better than in performance or action. See Synonyms at excel.
 itself, posting a record US $836 million profit for 2005.

The company reported adjusted net earnings for 2005, or $4.41 per share ($3.75 per share on a diluted di·lute  
tr.v. di·lut·ed, di·lut·ing, di·lutes
1. To make thinner or less concentrated by adding a liquid such as water.

2. To lessen the force, strength, purity, or brilliance of, especially by admixture.
 basis), compared with net earnings of $619 million for 2004.

In a written statement, Inco's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Scott Hand said there is little bad news when a company reports a record profit.
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Title Annotation:AROUND THE NORTH
Publication:Northern Ontario Business
Date:Mar 1, 2006
Words:69
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