BMW, the German luxury car maker, reported Wednesday its third-quarter net profit soared and revenue surged on strong demand for luxury cars. “The broad recovery taking place in international car markets gives reason to believe that sales volumes will …
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.
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…
Continue reading Aetna Earnings Per Share Jump 63%
Aetna Earnings Per Share Jump 63% originally appeared on DailyFinance on Wed, 03 Nov 2010 06:53:00.
Filed Under: Health Care, Earnings, Insurance
The world’s biggest drugmaker reported earnings of $4.4 billion that topped estimates but revenues of $16.2 billion fell short of expectations.
Continue reading Pfizer Earnings Top Estimates, Boosts Guidance
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Apple (AAPL) may see its revenue from China triple over two years as the company expands its sales network demand from consumers rise, Morgan Stanley (MS) said.
Apple’s sales in China may be worth more than $9 billion in the year ending September 2012, Morgan Stanley analysts said in a report. In the last fiscal year, Chinese sales were worth $2.9 billion.
The analysts forecast that…
Continue reading Apple’s China Revenue May Triple Over Two Years, Analysts Say
Apple’s China Revenue May Triple Over Two Years, Analysts Say originally appeared on DailyFinance on Tue, 02 Nov 2010 07:10:00.
Filed Under: Company News, Technology, Earnings, Morgan Stanley , Apple, Stock Picks, Market News
Oil giant BP (BP) announced Tuesday that it had an operating performance that helped it become profitable again in 2010’s third quarter, even though the company took an additional pretax charge of $7.7 billion related to the Deepwater Horizon oil spill…