Quarterly Profit, Quarterly Earnings | featured news

Wells Fargo Net Up 20%

Fourth-quarter profit at Wells Fargo rose 20% as the banking giant posted more loan growth and again reduced the amount of money it sets aside to cover potential loan losses.

 

Dish profit rises 30%

Dish Network, the smaller of the nation's two satellite broadcasters, saw profit and revenue rise last quarter but lost 111,000 subscribers, citing intense competition -- including heavy discounting by rivals -- a weak housing market and lower discretionary spending by consumers.

 

MasterCard hits all-time high on strong growth

MasterCard hits all-time high on strong growth

MasterCard Inc reported sharply higher third-quarter profit on Wednesday, easily beating Wall Street estimates on double-digit increases in volumes.

 

China's Baidu sees profits surge

Chinese search engine Baidu reports an 80% surge in profits for the third quarter, boosted by increased advertising sales.

 

Chrysler drives Fiat profit higher

Fiat-Chrysler's third-quarter trading profit was well above forecasts at 851 million euros, with U.S. automaker Chrysler contributing as much as two-thirds of it and helping offset weak European sales.

 

Verizon Earnings More Than Double

Verizon's third-quarter profit more than doubled as the telecommunications giant reported improved margins and wireless-subscriber growth.

 

GE profit meets Street view, sees 2012 growth

General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.

 

Profit Up 17%, Target Comes In As Forecast

Target meets analyst expectations with its fiscal second quarter earnings.

 

ING's Net Profit Soars

ING's Net Profit Soars

Dutch financial-services company ING Groep's quarterly net profit jumped as strong results at its banking arm offset a weaker performance for insurance.

Senh: At least one financial institution's doing well.

 

Southwest's Profits Head North

Southwest's Profits Head North

Airline outperforms industry rivals as low-cost tickets, no-fee bag policy attract recession-weary travelers.

Senh: Now, what a surprise - the airline who's not trying to nickel-and-dime their customers is the top performer. Hint to other airlines - um, you'll get more customers if you drop the baggage fees. I once saw Pixar director Brad Bird on Southwest. If it's good enough for him, it's good enough for me.

 

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