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GM posts highest profit in over a decade

Thu, 5 May 2011 15:29:04 GMT

General Motors Co. reported its highest quarterly profit in more than a decade Thursday, helped by demand for fuel-efficient cars.

Freddie Mac reports 1st quarterly gain in 2 years

Wed, 4 May 2011 22:42:24 GMT

Freddie Mac earned $676 million in the January-March quarter, the first time the bailed-out mortgage giant has reported a quarterly gain in nearly two years.

GM posts highest profit in over a decade

Thu, 5 May 2011 15:29:04 GMT

General Motors Co. reported its highest quarterly profit in more than a decade Thursday, helped by demand for fuel-efficient cars.

Microsoft's fiscal 3Q earnings surge 31 percent

Thu, 28 Apr 2011 20:29:24 GMT

Microsoft says its latest quarterly earnings grew 31 percent even as sales of its Windows operating system sagged.

Exxon earns nearly $11 billion in first quarter

Thu, 28 Apr 2011 16:15:03 GMT

Exxon says it earned nearly $11 billion in the first quarter, a performance that will likely land it in the center of the national debate over high gasoline prices.

Boeing profit of $586 million beats expectations

Wed, 27 Apr 2011 20:49:08 GMT

Boeing Co. posted a bigger-than-expected profit on Wednesday and said it is on track to deliver the much-delayed 787 in the third quarter.

Apple earnings nearly double, helped by iPhone

Wed, 20 Apr 2011 21:41:13 GMT

Apple says it had another blow-out quarter, nearly doubling its net income and far exceeding analyst estimates.

McDonald's warns of higher food inflation

Thu, 21 Apr 2011 17:28:07 GMT

By Lisa Baertlein and Phil Wahba

GE net income rises 77 percent in 1Q

Thu, 21 Apr 2011 16:24:28 GMT

(image) Earnings at General Electric Co. rose 77 percent in the first quarter as its financial services business continued to rebound. But Wall Street was expecting stronger revenue from GE's industrial side and shares fell.

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Morgan Stanley trading turnaround makes progress

Thu, 21 Apr 2011 20:59:23 GMT

By Lauren Tara LaCapra

Wells Fargo's income rises 51 pct; mortgages fall

Wed, 20 Apr 2011 20:57:55 GMT

Wells Fargo's income jumped 51 percent in the first quarter as more people opened accounts with the bank and business customers took out more loans. Revenues fell as higher interest rates resulted in a sharp decline in new mortgages.

Citi profit sags as revenue shrinks, expenses grow

Mon, 18 Apr 2011 20:39:54 GMT

By Maria Aspan

Bank of America quarterly profit drops 39%

Fri, 15 Apr 2011 15:24:45 GMT

(image) Bank of America Corp posted an unexpectedly sharp drop in first-quarter profit as higher expenses from delayed home foreclosures weighed on its mortgage business.

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Google's first-quarter earnings miss estimates

Thu, 14 Apr 2011 21:23:29 GMT

Google's first-quarter earnings came in below analyst projections as the Internet search leader sped up hiring, driving up its costs.

JPMorgan's earnings jump 67% to $5.6 billion

Wed, 13 Apr 2011 15:04:58 GMT

JPMorgan Chase & Co. reported a 67 percent jump in first quarter earnings Wednesday on solid growth in investment banking fees and a drop in losses in its credit card portfolio.

Alcoa reports large profit in the first-quarter

Fri, 21 Jan 2011 14:41:44 GMT

Alcoa Inc reported a large first-quarter profit on Monday, after a loss a year ago as the price of aluminum, its primary product, rose sharply with demand for the metal.

Wal-Mart says needs more time to fix U.S. missteps

Tue, 22 Feb 2011 18:31:50 GMT

Wal-Mart Stores Inc failed to meet its promise of reigniting sales at its U.S. stores and it is up to relatively new leaders to turn things around as they face increased pressure from dollar stores.

Chrysler withdraws loan application

Fri, 17 Feb 2012 00:24:49 GMT

Microsoft profit edges down on slow PC sales

Thu, 27 Jan 2011 21:46:48 GMT

Microsoft Corp. on Thursday said its net income for the latest quarter edged down from a year ago, beating Wall Street's expectations despite the weak personal computer market.

Caterpillar’s profit quadruples as sales soar

Thu, 27 Jan 2011 17:57:52 GMT

Caterpillar more than quadrupled its fourth-quarter profit as stronger demand helped increase global sales of mining and construction equipment.

AT&T CEO: We'll push Android phones

Thu, 27 Jan 2011 19:13:06 GMT

(image) The CEO of AT&T Inc. on Thursday said the company will start "very aggressively" marketing smart phones based on Google Inc.'s Android software now that it will no longer be the exclusive carrier for Apple Inc.'s iPhone in the U.S.

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Starbucks factory investments to create 150 jobs

Thu, 22 Mar 2012 00:01:35 GMT

Starbucks Corp said on Wednesday it would spend $180 million on U.S. factories, creating 150 manufacturing jobs, and that it would get into the $8 billion U.S. energy drink market with a new product.

Boeing says 2011 profit hurt by 787, defense cuts

Wed, 26 Jan 2011 12:56:12 GMT

Boeing Co. says delays to its new 787 and higher pension expenses will hurt its 2011 profit.