Visa Shows Shareholders Some Cash: Boosts Dividend by 20%

Visa said Wednesday it’s boosting its dividend for the second year in a row. Shareholders will now get 60 cents per share annually, up from 50 cents per share. The news comes in advance of Visa’s fiscal fourth-quarter earnings …

How to Profit From Earnings Report Surprises

Buy-and-hold investing has been a loss for the last decade, and low-risk options will never get you the returns you’ll need to retire in style. So how can you find real profits in the market? As venture capitalist and business …

Citigroup Earnings Beat Wall Street Estimates

Citigroup on Monday morning reported third quarter net income of $2.2 billion, topping Wall Street estimates and marking its third consecutive quarterly operating profit. Citi shares were up as much as 2.3% in premarket tradin…

Mattel Posts Third Quarter Earnings of 77 Cents Per Share

Toy company Mattel Inc (MAT) reported third quarter earnings of 77 cents per share, up from 63 cents per share a year earlier.

Net sales rose 2% to $1.83 billion, including unfavorable changes in currency exchange rates, the company said in a statement. Gross sales rose 3% in the U.S. and 2% in international markets.

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“We continue to be pleased with the performance of the business,”…

Continue reading Mattel Posts Third Quarter Earnings of 77 Cents Per Share

Mattel Posts Third Quarter Earnings of 77 Cents Per Share originally appeared on DailyFinance on Fri, 15 Oct 2010 06:56:00.

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Amtrak Reports Record Passenger Numbers

Amtrak

Amtrak set an annual ridership record of 28.7 million passengers for the fiscal year ended September 30. That’s 5.7% more than in fiscal 2009.

Ticket revenue rose 9% to $1.74 billion, Amtrak said in a statement.

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High gasoline prices and an improved economy helped buoy results, Amtrak said.

“More and more people see passenger rail as a way to get to where they need to go,” said CEO…

Continue reading Amtrak Reports Record Passenger Numbers

Amtrak Reports Record Passenger Numbers originally appeared on DailyFinance on Tue, 12 Oct 2010 06:30:00.

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