Aetna Earnings Per Share Jump 63%

by | Nov 3, 2010 | Towing

Insurance giant Aetna (AET) reported a 63% jump in earnings per share for the third quarter.

The company reported earnings per share of $1.19, up from 73 cents per share a year earlier, Aetna said in a statement.

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The company attributed the jump in earnings to a higher commercial underwriting margin. Revenue dropped 3% from a year earlier to $8.46 billion.

“Aetna’s third-quarter…

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Aetna Earnings Per Share Jump 63% originally appeared on DailyFinance on Wed, 03 Nov 2010 06:53:00.

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3M Reports Earnings Per Share of $1.53

by | Oct 28, 2010 | Towing

Office supply maker 3M (MMM) reported third quarter earnings of $1.53 per share, up 13.3% from a year earlier.

Sales rose 11 % to $6.9 billion, boosted by a strong performance in emerging markets, the company said in a statement. Emerging markets now…

CommScope Agrees to $3.9 Billion Carlyle Buyout

by | Oct 27, 2010 | Towing

CommScope (CTV), a maker of telecommunications equipment, agreed to be purchased by private equity firm The Carlyle Group for $3.9 billion.

Under the terms of the deal, Carlyle will acquire all of the outstanding shares of CommScope common stock for …

Sprint-Nextel Loss Grows to 30 Cents Per Share

by | Oct 27, 2010 | Towing

Sprint-Nextel Corp (S) reported a loss of 30 cents per share for the third quarter, compared with a loss of 17 cents per share in 2009.

Revenues rose 1% to $8.2 billion, the company said in a statement.

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The increased loss was partly due to the company subsidizing customer upgrades to phones capable of working on its new network.

Sprint had “elevated subsidy levels as part of the…

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Sprint-Nextel Loss Grows to 30 Cents Per Share originally appeared on DailyFinance on Wed, 27 Oct 2010 08:12:00.

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