Quarterly Earnings | featured news

Delta Air Lines Projects Profit

Delta Air Lines' president said the carrier this year expects to achieve its first first-quarter profit since 2000.

 

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

Economy

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.

 

Target profit slipped in winter holiday quarter

Target Corp posted lower quarterly profit on Wednesday, as sales of food and value-priced items only partially mitigated some weakness it saw when holiday shoppers held back from discretionary spending in an uncertain economy.

 

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

 

Hewlett-Packard Profit Down 16%

Hewlett-Packard Co.'s first-quarter earnings declined 16% as the technology giant continued to see weaker sales in its core personal computer business, though adjusted profits beat the company's expectations.

 

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 Indeed.com, but the underlying business continued to erode on sharp advertising declines.

 

Philip Morris Int'l Profit Rises

Cigarettes

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.

 

TV fees boost Time Warner profits

Time Magazine

Rising TV subscription fees plumped up profits at Time Warner. The media and entertainment giant said profits in the last three months of 2012 rose 51% from a year ago to $1.2bn (£750m), despite no change in revenues. TV subscription income rose 7%, as cable and satellite operators paid more to carry channels such as CNN and TNT.

 

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