Chevron Corp. (CVX) reported earnings of $1.87 for the quarter, down from $1.92 a year earlier. The 2009 results were boosted by upstream asset sales and discrete tax items.
Sales and other operating revenues were $48 billion in the third quarter of…
Samsung Electronics (SSNHY), the world’s biggest maker of TVs, expects weaker fourth quarter earnings because of lower prices and a stronger South Korean won.
The fourth quarter will see “severe” competition in TV prices, Samsung said, according to B…
The pharmaceutical giant said its profit was impacted by a large charge related to its recent merger with Schering-Plough, but still managed to top analyst estimates. Looking forward, Merck lifted the lower end of its 2010 earn…
The Estee Lauder Companies (EL) reported earnings of 95 cents per share for the quarter ended Sept. 30, compared with 71 cents per share a year earlier.
Sales rose 14% to $2.09 billion, the company said in a statement.
The results included charges associated with restructuring activities, which amounted to 2 cents per share.
“We had an excellent quarter and made a strong entrance…
Continue reading Estee Lauder Reports Earnings of 95 Cents Per Share
Estee Lauder Reports Earnings of 95 Cents Per Share originally appeared on DailyFinance on Fri, 29 Oct 2010 07:48:00.
Filed Under: Company News, Earnings, Retail
British Airways (BAIRY) posted its first quarterly profit in two years thanks to higher ticket prices.
The company reported earnings of 229 million pounds ($365 million) for the quarter ended Sept. 30, compared with a loss of 111 million pounds a year earlier, according to Bloomberg News.
Sales rose 18% to 2.51 billion pounds.
British Airways said that yields – a measure of…
Continue reading British Airways Reports First Quarterly Profit in Two Years
British Airways Reports First Quarterly Profit in Two Years originally appeared on DailyFinance on Fri, 29 Oct 2010 06:47:00.