InterContinental Exchange Hits Quarterly Profit
Feb 07, 2:09 PM EST |
|
| Trump Entertainment Resorts narrows quarterly loss, Timken profit declines, while Consolidated Graphics and Devon Energy post higher profit. |
|
| Trump Entertainment Resorts fourth-quarter loss narrowed 56% on higher revenue and lower costs but results fell short of Wall Street expectations. Timken fourth-quarter profit fell 63%, hurt by a slowdown in automotive production and the sale of company’s steel unit. InterContinental Exchange swung to a fourth-quarter profit compared with a year-ago loss due to charges. Consolidated third-quarter profit soared 66% on higher revenue, sending company’s stock to a fresh 52-week high. |
|
|
Full Story... |
Sonoco Quarterly Profit Inches Up
Feb 07, 1:36 PM EST |
|
| OYO Geospace and Usana Health Sciences enjoy better quarterly results, while Genomic and Encore Wire post lower profit. |
|
| OYO Geospace swung to a profit in the fourth-quarter, paced by increased demand for contract seismic services used to identify oil reserves. Usana Health Sciences reported higher fourth-quarter results on sales growth in North America and the Asia Pacific region. Genomic Health fourth-quarter loss widened as operating expenses surged. Encore Wire fourth-quarter profit plunged margins shrank. Sonoco fourth-quarter profit edged up 2% and topped analysts'' expectations by a penny per share. |
|
|
Full Story... |
Anadarko Petroleum Profit Doubles
Feb 06, 1:48 PM EST |
|
| Art Technology Group, Gartner and Perot Systems enjoy higher profit, while Art Technology Group posts quarterly loss. |
|
| McClatchy reported a loss after taking a hit on the sale of company’s largest newspaper, the Minneapolis Star Tribune. Gartner fourth-quarter profit rose 52% as it expanded company’s client base. Perot Systems fourth-quarter profit grew thanks to higher revenue from new sales and existing contract extensions. Anadarko Petroleum fourth-quarter profit more than doubled from a year ago as a hefty gain from the sale of its Canadian subsidiary offset falling natural gas prices. |
|
|
Full Story... |
Randgold Resources Profit Falls 36.6%
Feb 05, 1:55 PM EST |
|
| Hewitt Associates and Ipsco profit falls, while KLA-Tencor records higher second-quarter profit. |
|
| KLA-Tencor second-quarter profit grew 18% as revenue increased. Hewitt Associates first-quarter net income fell 5%, weighed down by charges. Ipsco fourth-quarter profit fell 18% despite stronger sales, as higher costs resulted in a weaker profit margin. Randgold Resources posted lower net profit on lower production and higher costs at its Morila mine, due to lower grades being mined. |
|
|
Full Story... |
Potlatch Fourth-Quarter Earnings Quadrupled
Feb 05, 1:27 PM EST |
|
| NewMarket and B/E Aerospace profit falls, Regal-Beloit profit rises, while Royal Caribbean posts a profit versus last-year loss. |
|
| NewMarket fourth-quarter profit fell 59%, as debt buyback costs took a piece of earnings. B/E Aerospace fourth-quarter profit plummeted from the year-ago period, which was bloated by a tax benefit. Regal-Beloit fourth-quarter profit rose 13% as reduced costs tempered the effect of lower sales. Royal Caribbean posted a fourth-quarter profit from year-ago loss, on lower cruise costs and increased revenue. Potlatch fourth-quarter earnings more than quadrupled on a lumber trade dispute settlement. |
|
|
Full Story... |
Chevron Fourth-Quarter Profit Drops 9%
Feb 02, 1:06 PM EST |
|
| Aviza Technology net loss widens, Bookham posts a second-quarter net loss, while Griffon and Occam Networks enjoy higher profit. |
|
| Griffon reported a 25% rise in profit on higher revenue. Bookham second-quarter net loss widened as revenue from Nortel Networks Corp., a major customer, tumbled. Aviza Technology stock soared nearly 24% after the company more than doubled its sales and swung to a profit for the quarter. Chevron Corp.''s fourth-quarter profit dropped by 9% amid lower energy prices, but the nation''s second largest oil company still ended up with its third consecutive year of record earnings. |
|
|
Full Story... |
Deutsche Bank Fourth-Quarter Profit Triples
Feb 01, 2:25 PM EST |
|
| StanCorp Financial Group records higher profit, while Archstone-Smith Trust fourth-quarter profit declines. |
|
| StanCorp Financial Group reported fourth-quarter net income rose 16% on 8.9% higher revenue. Archstone-Smith Trust fourth-quarter funds from operations climbed 5% on increased revenue, but the results missed Wall Street''s expectations. Deutsche Bank AG fourth-quarter profit tripled, as full-year earnings rose sharply with help from a recovery in investment banking revenue and strong growth in trading income. |
|
|
Full Story... |
The Children's Place Retail Stores Sales Rise
Feb 01, 2:03 PM EST |
|
| Marathon Oil posts a 15% decrease in fourth-quarter profit, while Sabre Holdings and Comcast enjoy better quarterly results. |
|
| Marathon Oil posted a 15% decrease in fourth-quarter profit, citing lower natural gas prices, higher exploration expenses and a decline in refining margins. Sabre Holdings said company’s online travel agency Travelocity.com helped fourth-quarter profit more than triple. Alliant Techsystems third-quarter profit rose 9% from the same period in 2005, helped by strong sales and a tax credit. Children''s Place Retail Stores third-quarter sales came in ahead of Wall Street''s consensus target. |
|
|
Full Story... |
Valero Energy Profit Falls 17%
Feb 01, 1:00 PM EST |
|
| Snap-On and Rofin-Sinar Technologies fourth-quarter profit rises, while I2 Technologies earnings tumble but 8x8 posts net loss. |
|
| 8x8 reported a third-quarter net loss due to aggressive discounting and promotions, as well as $428,000 of employee stock-based compensation expense. Rofin-Sinar Technologies first-quarter profit rose slightly on an increase in revenue. I2 Technologies fourth-quarter profit tumbled 80% on higher costs and a drop in revenue. Snap-On fourth-quarter profit rose 39% on a jump in revenue across all segments. Valero Energy profit fell 17% on lower revenue and reduced refining margins. |
|
|
Full Story... |
|
|
