Ahead of GE’s Friday earnings report, analysts expect to see the industrial giant’s second quarterly profit improve after two years of declines or flat growth. Net income is expected to come in at $2.92 billion, boasting a 17% …
The nation’s second-largest bank by assets said third-quarter income rose 23% to $4.4 billion, or $1.01 a share. While investment and retail banking revenue slipped, JPMorgan was able to set aside less money to cover bad loans,…
Intel, the world’s largest microchip maker, reported better than expected results Tuesday, setting a positive tone for a spate of tech companies set to report earnings in the next few weeks.
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JPMorgan Chase kicks off earnings season for the financial sector Thursday, and investors will be keen to see whether a pick-up in mergers and acquisitions has offset an industry-wide drop-off in trading activity.
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Amtrak set an annual ridership record of 28.7 million passengers for the fiscal year ended September 30. That’s 5.7% more than in fiscal 2009.
Ticket revenue rose 9% to $1.74 billion, Amtrak said in a statement.
High gasoline prices and an improved economy helped buoy results, Amtrak said.
“More and more people see passenger rail as a way to get to where they need to go,” said CEO…
Continue reading Amtrak Reports Record Passenger Numbers
Amtrak Reports Record Passenger Numbers originally appeared on DailyFinance on Tue, 12 Oct 2010 06:30:00.
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