Earnings, Quarterly Earnings | featured news

Amazon profit falls 32.8 percent though sales soar

Amazon.com Inc reported that first-quarter sales rose 38.2 percent, above analysts' forecasts.

 

Netflix Earnings Up 88% as Competitor Instant Movie Streaming Services Launch

Netflix Earnings Up 88% as Competitor Instant Movie Streaming Services Launch

Netflix earnings reflect an increase in subscribers and fees as the instant-movie-streaming competition heats up.

 

GM reports $2B 3Q profit ahead of stock offering

GM reports $2B 3Q profit ahead of stock offering

General Motors says it made $2 billion in the third quarter, a strong showing that helps the company's pitch to investors who may buy stock in an initial public offering.

 

Fannie Mae Posts $1.3 Billion Loss

The mortgage-finance company warned that foreclosure delays could lead to higher costs, as it asked the Treasury to provide a $2.5 billion infusion.

 

AOL CEO Says Ad Declines 'Self-Inflicted'

AOL's earnings more than doubled amid gains from asset sales, though ad revenue dropped 27%. CEO Armstrong said AOL is on the path to recovery, with much of the revenue declines "self-inflicted."

 

Pfizer 3Q profit down 70 percent due to charges

Pharmaceutical giant Pfizer Inc. says revenue in the third quarter jumped 39 percent due to its acquisition of fellow drugmaker Wyeth, but hefty charges dragged its profit down 70 percent.

 

Merck 3Q profit plunges 90 percent on deal charges

Merck & Co. posts an 90 percent drop in third-quarter profit, due to large charges for its $41.1 billion acquisition of Schering-Plough Corp.

 

Motorola phones return to profit

Motorola's mobile phone division reports a quarterly profit for the first time in more than three years.

 

Exxon Mobil 3Q Income Jumps 55 Percent

Exxon Mobil 3Q income increases 55 percent to $7.35 billion on higher oil prices

 

Ford keeps rolling as net income jumps, debt eases

Ford keeps rolling as net income jumps, debt eases

Ford Motor Co. is on a roll. Its popular new cars and trucks are grabbing a bigger share of the U.S. market. It's about to erase a big portion of its health care debts. And Ford is adding a significant number of jobs for the first time in years.

 

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