Federated Posts Third-Quarter Loss
Nov 09, 11:00 AM EST |
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| Avatar Holdings and Directv Group report an increase in their quarterly net income. |
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| Avatar Holdings increased its quarterly profit on higher revenue. Federated Department Stores lost $3 million in the third quarter due to costs related to company’s acquisition of May Department Stores. DirecTV Group third-quarter profit nearly quadrupled on higher revenue and a lower rate of customer defection. |
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PG&E Posts 56% Higher Quarterly Profit
Nov 08, 3:19 PM EST |
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| Cablevision Systems narrows third-quarter net loss, Interpublic records profit versus last-year net loss. |
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| PG&E third-quarter profit increased 56% on higher gas transmission revenue and the recovery of certain costs. Cablevision Systems reported a narrower third-quarter loss as the company signed up more customers for high-speed Internet access and digital phone. Interpublic Group third-quarter loss narrowed on lower costs and a slight increase in revenue. Lamar Advertising third-quarter profit climbed 39%, helped by increased revenue. |
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Website Pros Swings to Profit
Nov 08, 2:32 PM EST |
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| Greenfield Online and Bitstream enjoy higher quarterly net earnings, while Youbet.com posts net loss versus last-year profit. |
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| Website Pros recorded third-quarter net income versus the third-quarter net loss a year earlier. Greenfield Online reported a 19% increase in profit as revenue grew 8%. Youbet.com reported 42% higher revenue versus a year-ago period. Bitstream Inc. third-quarter profit tripled on strong revenue growth. |
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Quebecor World Posts Lower Net Income
Nov 07, 2:31 PM EST |
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| Frontier Oil, CapitalSource and International Game Technology enjoy higher quarterly profit. |
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| Quebecor World third-quarter profit declined on charges. Frontier Oil said its third-quarter earnings increased 11% on strong margins in diesel. CapitalSource reported higher quarterly revenue, helped by fee income and equity gains in its investment portfolio. International Game Technology fourth-quarter profit increased 9% on higher revenue. |
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Dobson Communications Turns to Profit
Nov 07, 1:33 PM EST |
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| Schnitzer Steel posts 46% higher profit, Bookham widens its first-quarter net loss, while Wheeling-Pittsburgh swings to quarterly profit. |
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| Dobson Communications reported third-quarter profit versus a net loss in the third quarter a year ago on subscriber additions and higher revenue. Schnitzer Steel Industries fourth-quarter earnings increased 46% on higher sales volume and metal prices. Bookham said its first-quarter net loss expanded on lower revenue and restructuring charges. Wheeling-Pittsburgh recorded a third-quarter profit versus a net loss in the year-ago period due to increasing demand. |
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Marvel Entertainment Profit Falls 44%
Nov 06, 2:48 PM EST |
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| Per-Se Technologies and Nova Measuring Instruments post lower quarterly net income, while Corrections Corporation enjoys higher profit. |
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| Per-Se Technologies third-quarter profit decreased on higher income tax expense and a loss from discontinued operations. Marvel Entertainment third-quarter earnings declined 44% on lower contract renewals for the company’s character licenses and higher toy production costs. Corrections Corporation of America third-quarter earnings jumped 25% on higher occupancy rates. Nova Measuring Instruments reported 40% higher revenue versus the year-ago quarter. |
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Houston Wire & Cable Profit Doubles
Nov 06, 1:29 PM EST |
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| XM Satellite Radio revenue jumps 57%, while American Science and Engineering and Multi-Fineline sales decline from a year ago. |
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| Houston Wire & Cable third-quarter net income more than doubled on higher commodity prices and sales in targeted markets. American Science and Engineering profit fell 43% due to lower revenue and stock options costs. Multi-Fineline Electronix fourth-quarter earnings declined 80% on lower sales to the company’s largest customer. XM Satellite Radio Holdings said that its third-quarter loss narrowed and reported higher revenue on subscriber growth. |
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THQ Records 68% Higher Revenue
Nov 03, 3:45 PM EST |
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| Macerich enjoys higher quarterly profit, while Harris Interactive edges lower by 25%. |
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| THQ increased its quarterly revenue with 68% on robust sales of owned and internally developed new properties and continued sales of games, reflecting the game''s wider international release. Harris Interactive first-quarter net income fell 25% on 1.8% lower revenue. Macerich third-quarter net income increased on assets sales. |
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Progress Energy Posts 29% Lower Profit
Nov 03, 3:40 PM EST |
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| KeySpan reports 7% lower quarterly revenue, while Duke Energy and NRG Energy enjoy higher sales. |
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| Progress Energy third-quarter earnings declined 29% on the idling of the company’s synthetic fuel plant. Duke Energy reported higher net income than a year ago, due to a joint venture partnership with Morgan Stanley Real Estate Fund. NRG Energy recorded higher quarterly net income versus a year-ago net loss, thanks to the mark-to-market gains. KeySpan said that its third-quarter net income more than doubled on a 6.5% fall in revenue because of lower operating and maintenance costs. |
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Washington Post Profit Jumps 10%
Nov 03, 3:28 PM EST |
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| Ameren and DRS Technologies enjoy higher quarterly profit, while Edison posts a 1% lower net income. |
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| Washington Post reported a 10% growth in quarterly net income on a lower tax rate and gains from sales of property and marketable securities. Ameren third-quarter profit increased 5%, as the results were weighted by severe storms, milder summer weather and other factors. Edison International reported a 1% fall in third-quarter earnings, due to a decline in Edison Mission Group quarterly profit. DRS Technologies profit rose 33%, on 97% higher revenue mainly from an acquired business. |
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