Third Quarter Earnings | featured news

Third-Quarter Growth Weaker Than First Thought

Third-Quarter Growth Weaker Than First Thought

The downward revision, to 2.2 percent growth from 2.8 percent, was partly because shoppers did not spend as much and construction was weaker than first thought.

 

Online Advertising In The U.S Begins To Stabilize

Online advertising revenues in the U.S. seem to be stabilizing. The Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers released third-quarter figures showing that online advertising in the U.S. approached $5.5 billion, up 1.7 percent from the second quarter of 2009, but still down 5.4 percent from the same quarter a year ago (which is in line with the losses during the first half of the year). As you can see in the chart, there was a big drop-off after the fourth quarter of last year, and the first three quarters of this year have been flat.

 

Earnings Fall but Home Depot Raises Outlook

Third-quarter earnings at the retailer fell 8.9 percent amid weak housing and renovation markets, but the retailer raised its full-year outlook.

 

Blockbuster Loss Widens on Lower Revenue

Blockbuster Inc.'s third-quarter net loss widened as its revenue slipped, indicating the movie-rental company is having trouble holding its own amid growing competition from rivals such as movie vending-machine companies.

 

Home prices fall in most U.S. cities

Home prices fell in the third quarter from year-ago levels in about 80 percent of U.S. metropolitan areas, the National Association of Realtors said on Tuesday.

 

Dish Network's Net Drops 12%

Dish Network's third-quarter earnings fell 12% to $81 million despite posting another quarter of subscriber growth. Former unit EchoStar swung to a profit.

 

Freddie Mac loses $6.3B but says it doesn't need more federal cash

Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't ...

 

Ford reports surprise $1B profit

Ford reports surprise $1B profit

Automaker says earnings were fueled by cost cuts and Cash for Clunkers rebates.

 

Washington Post's Profit Rises

Washington Post's Profit Rises

Washington Post Co. reported a 69% rise in third-quarter profit, as the company reported fewer charges and higher revenue at its education and cable television divisions.

 

Times Co. Shows Loss but Beats Forecast

The New York Times Company reported a $35.6 million loss for the third quarter on falling advertising revenue, but deep cost-cutting and newspaper price increases helped beat projections.

 

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