profit
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Boeing profit lifted by commercial and defense sales
IP is over the quota IP is over the quota (Reuters) – Strong demand for commercial and military aircraft lifted quarterly earnings at Boeing Co , making the builder of the new 787 Dreamliner the latest big-ticket manufacturer to ease fears about global economic conditions.The results and a higher 2011 profit forecast sent Boeing shares [...]
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Visa 4Q profit rises 14 percent on heavy card use
IP is over the quota IP is over the quota NEW YORK (AP) — Increased use of debit and credit cards throughout the world pushed Visa Inc.’s fiscal fourth-quarter profit up 14 percent.But its quarterly revenue came in shy of Wall Street expectations, in part because because the company has been cutting deals with merchants [...]
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Bank of America lending profit down, expenses rise
AppId is over the quota AppId is over the quota (Reuters) – Bank of America Corp posted a third-quarter profit on Tuesday, helped by accounting gains and asset sales, but the bank’s main businesses showed signs of weakness as lending profits dropped and expenses rose.The bank also slipped to No. 2 among U.S. bank ranked [...]
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Coca-Cola Q3 profit beats Street by a penny
AppId is over the quota AppId is over the quota (Reuters) – Coca-Cola Co reported a quarterly profit on Tuesday that slightly beat Wall Street estimates, as sales increased worldwide.The world’s largest soft-drink maker, whose brands range from Sprite to Minute Maid and Powerade, said net income was $2.22 billion, or 95 cents per share [...]
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Johnson & Johnson 3Q profit down 6 pct, sales up
AppId is over the quota AppId is over the quota Johnson & Johnson’s third-quarter profit fell 6 percent becuase larger overhead and production costs and a one-time charge offset higher foreign sales.The health care giant said Tuesday that net income was $3.2 billion, or $1.15 per share. That’s down from $3.42 billion, or $1.23 per [...]
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UnitedHealth’s 3Q profit slips less than 1 percent
AppId is over the quota AppId is over the quota INDIANAPOLIS (AP) — UnitedHealth Group Inc.’s third-quarter net income edged slightly lower because medical costs rose, but the health insurer’s revenue and enrollment grew and it increased its 2011 earnings forecast.The Minnetonka, Minn., company earned $1.27 billion, or $1.17 per share, in the three months [...]