Fourth Quarter Earnings | featured news

Fannie earns $17.2B in 2012, biggest annual gain

Fannie Mae earned $17.2 billion last year, the biggest annual profit in the U.S. mortgage giant's history, helped by a record fourth quarter.


Electronic Arts CEO to Resign

Electronic Arts - WC

Electronic Arts Inc. said Monday its Chief Executive John Riccitiello is stepping down and that its fourth-quarter results could fall short of expectations.


Staples 4Q hit by charges, adj. results top Street

Costs related to Staples turnaround plan helped drive down the office supplier's fourth-quarter net income by 72 percent. Its quarterly revenue and financial outlook for the year missed Wall Street's expectations.


U.S. Economy Barely Grew in Fourth Quarter, Revision Shows


The Commerce Department said that output expanded at an annual rate of just 0.1 percent, way below the country’s long-term average but above the original estimate of a contraction.


Washington Post Co. reports fourth quarter 2012 loss

Washington Post Reports Fourth Quarter Loss for 2012

The Washington Post Co. reported a fourth quarter 2012 loss of $45.4 million, or $6.57 a share as it took $113 million of charges for goodwill write downs and restructuring, mostly in its Kaplan education subsidiary. A year earlier the company earned $61.7 million or $8.03 a share


DirecTV's Stock Can Channel $59 On U.S. And Latin American Growth

Some of the key takeaways from DirecTV’s Q4 2012 earnings include a focus on improving financials and controlling costs in the U.S., continued aggressive expansion in Latin America and plans to increase investments in upgrading programs.


U.S. Postal Service loses $1.3 billion in October-December

U.S. Postal Service

The U.S. Postal Service lost $1.3 billion in the October to December quarter, an official said on Friday, days after the beleaguered mail agency announced plans to cut back on Saturday delivery to save money.


LinkedIn Shares Soar As Q4 Earnings Beat Street

LinkedIn reported fourth quarter 2012 earnings that beat Street expectations, sending shares soaring in late trading.


New York Times Ad Sales Fall

New York Times

New York Times profit tripled in the fourth quarter thanks to one-time items, including the sale of its share in, but the underlying business continued to erode on sharp advertising declines.


Philip Morris Int'l Profit Rises


Philip Morris International Inc., which markets Marlboro cigarettes outside the U.S., said fourth-quarter profit rose 11%, thanks to higher sales volumes in Asia and Eastern Europe, Middle East and Africa.


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