British Airways Reports First Quarterly Profit in Two Years

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.

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British Airways Reports First Quarterly Profit in Two Years originally appeared on DailyFinance on Fri, 29 Oct 2010 06:47:00.

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Marriott Outlines Growth Goals for Next Three Years

Marriott

Marriott International (MAR) said that earnings per share could hit $2.75 by 2013.

The estimate is part of a range of ambitious growth forecasts for the next three years. The company said that it expects to add as many as 90,000 hotel rooms to its portfolio from 2011 to 2013, with additional opportunities for 22,000 rooms to open in Europe and Asia over the same time period.

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Marriott Outlines Growth Goals for Next Three Years originally appeared on DailyFinance on Thu, 28 Oct 2010 07:29:00.

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Marriott Outlines Growth Goals for Next Three Years

Marriott

Marriott International (MAR) said that earnings per share could hit $2.75 by 2013.

The estimate is part of a range of ambitious growth forecasts for the next three years. The company said that it expects to add as many as 90,000 hotel rooms to its portfolio from 2011 to 2013, with additional opportunities for 22,000 rooms to open in Europe and Asia over the same time period.

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The…

Continue reading Marriott Outlines Growth Goals for Next Three Years

Marriott Outlines Growth Goals for Next Three Years originally appeared on DailyFinance on Thu, 28 Oct 2010 07:29:00.

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