Volkswagen on Track to Overtake Toyota, CEO Says

Volkswagen

Volkswagen (VLKAY) CEO Martin Winterkorn said the company is on track to overtake Toyota Motor (TM) as the world’s largest automaker.

The German company beat Toyota’s full-year profit goal in the first nine months.

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“The Volkswagen group continues to have its sights firmly set on capturing pole position in the automotive industry,” Winterkorn said in an e-mailed statement, according…

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Volkswagen on Track to Overtake Toyota, CEO Says originally appeared on DailyFinance on Wed, 27 Oct 2010 07:34:00.

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Comcast Reports Third Quarter Earnings of 31 Cents Per Share

Comcast (CMCSA) reported earnings of 31 cents per share for the third quarter, compared with 33 cents per share a year earlier.

Earnings were negatively impacted by the costs of the NBC Universal transaction, the company said in a statement.

Revenue rose 7.3% to $9.5 billion, driven by solid operating results in the company’s cable and programming segments.

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“Our results mark the…

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Comcast Reports Third Quarter Earnings of 31 Cents Per Share originally appeared on DailyFinance on Wed, 27 Oct 2010 07:19:00.

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Whirlpool Earnings Drop to $1.02 Per Share

Whirlpool

Whirlpool Corp. (WHR) reported third-quarter earnings of $1.02 per diluted share, down from $1.15 per diluted share a year.

On an adjusted basis, earnings per share were $2.22 in the third quarter, compared with $1.67 a year earlier, the company said in a statement.

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Sales rose 0.5% from a year earlier to $4.5 billion. Whirlpool saw sales rise 13% in Latin America and drop 8% in…

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Whirlpool Earnings Drop to $1.02 Per Share originally appeared on DailyFinance on Wed, 27 Oct 2010 07:03:00.

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