Microsoft’s fiscal first-quarter earnings jumped 51% as the world’s largest software maker boosted sales of its Office 2010 product and grabbed share in the videogame-console market. Microsoft shares jumped on the news.
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Coinstar, the parent of Redbox self-service DVD-rental machines, said second-quarter profit fell less than analysts expected and that forecast 2011 sales would exceed analysts’ estimates.
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Big Pharma didn’t rest Thursday, with Celgene, Sanofi-Aventis and AstraZeneca among the big names reporting earnings. A deal between Stryker and Boston Scientific and Sanofi and BMP Sunstone also made the headlines, as did some…
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…
Higher demand for petroleum and chemical products, increased oil and gas production and better refining margins helped boost Exxon’s third-quarter earnings. The company beat analysts’ profit expectations, but missed Wall Street…