Thursday, November 4, 2010

11/4 Yahoo! News: Earnings News

     
    Yahoo! News: Earnings News    
   
Summary Box: News Corp 1Q helped by TV, cable (AP)
November 3, 2010 at 8:33 PM
 
AP - BARGAINING BOO-YA: News Corp.'s first-quarter net income rose thanks partly to its hard-nosed bargaining with pay-TV operators. COO Chase Carey said such fights over fees would help its Fox broadcast business reach new levels of profitability.
   
   
Summary Box: Whole Foods 4Q (AP)
November 3, 2010 at 8:05 PM
 
AP - RESULTS: Whole Foods reported that its net income available to common shareholders doubled to $57.5 million, or 33 cents per share
   
   
Whole Foods doubles net income, raises guidance (AP)
November 3, 2010 at 8:04 PM
 

Customers walk down an aisle at Whole Foods, Wednesday, Nov. 3, 2010, in Coral Gables, Fla. Whole Foods Market Inc. more than doubled its fourth-quarter net income as sales rose, prompting the grocer to raise its full-year outlook on Wednesday. (AP Photo/Lynne Sladky)AP - Whole Foods Market Inc. surprised investors and even itself Wednesday, reporting that its sales momentum remained strong in the fourth quarter and its net income for the period doubled.


   
   
A&B reports 3Q net income of $25.7M (AP)
November 3, 2010 at 7:14 PM
 
AP - Alexander & Baldwin Inc. is reporting it had net third quarter income of $25.7 million, compared to $8.5 million in the same quarter last year.
   
   
Summary Box: Qualcomm's 4Q earnings (AP)
November 3, 2010 at 6:41 PM
 
AP - THE RESULTS: Qualcomm Inc.'s earnings rose 8 percent and revenue rose 10 percent in its latest quarter, beating Wall Street forecasts.
   
   
News Corp 1Q helped by TV, cable results (AP)
November 3, 2010 at 6:32 PM
 
AP - News Corp. is benefiting from political ad spending and a hard-nosed bargaining strategy with pay-TV operators, as gains in its TV and cable segments helped net income grow in the latest quarter.
   
   
Qualcomm 4Q profit rises 8 pct, beats Street (AP)
November 3, 2010 at 6:22 PM
 
AP - Qualcomm Inc., the developer of chips and technology for cell phones, on Wednesday said results for the latest quarter blew past expectations on strong sales of components for smart phones.
   
   
Prudential sees 3Q profit gain (AP)
November 3, 2010 at 5:06 PM
 
AP - Life insurer and annuity provider Prudential Financial Inc. Wednesday posted a 7 percent profit increase in the third quarter as its retirement and investment businesses improved.
   
   
Whole Foods doubles net income, raises guidance (AP)
November 3, 2010 at 5:02 PM
 
AP - Whole Foods Market Inc. more than doubled its fourth-quarter net income as sales rose, prompting the grocer to raise its full-year outlook on Wednesday.
   
   
GM expects to earn up to $2.1B as IPO approaches (AP)
November 3, 2010 at 4:57 PM
 
AP - General Motors Co. said Wednesday that it expects to earn up to $2.1 billion when it reports third-quarter results next week. The forecast came as GM announced its stock will be priced from $26 to $29 per share in an initial public stock offering.
   
   
On the Call: Time Warner CEO Jeff Bewkes (AP)
November 3, 2010 at 3:44 PM
 
AP - Media conglomerate Time Warner Inc. reported lower quarterly net income Wednesday due to debt-related charges, but its adjusted earnings outpaced Wall Street's expectations. In a conference call with analysts, CEO Jeff Bewkes said the company is working to provide its paying customers greater access to its television, film and magazine content on whatever device they prefer using digital distribution.
   
   
GM says it expects 3Q earnings from $1.9B to $2.1B (AP)
November 3, 2010 at 3:30 PM
 
AP - General Motors Co. says it expects net income of $1.9 billion to $2.1 billion when it announces third-quarter results next week.
   
   
Price hikes buffer AB InBev, Molson Coors' profits (AP)
November 3, 2010 at 3:17 PM
 
AP - Higher beer prices kept profits up for brewers Anheuser-Busch InBev and Molson Coors in the third quarter, although drinkers in some parts of the world responded by imbibing less.
   
   
Summary Box: PulteGroup 3rd-quarter results (AP)
November 3, 2010 at 3:10 PM
 
AP - WIDER LOSS: PulteGroup Inc. posted a wider third-quarter loss as the homebuilder absorbed nearly $1 billion in charges for goodwill impairment, construction and other items. Excluding charges, the company lost 3 cents a share.
   
   
Qwest, CenturyLink navigate landline loss in 3Q (AP)
November 3, 2010 at 3:09 PM
 
AP - Qwest Communications International Inc. and the company that's buying it, CenturyLink Inc., on Wednesday posted results for the third quarter that showed them successfully navigating the decline of their local-phone businesses.
   
   
PulteGroup loss widens on charges, new orders fall (AP)
November 3, 2010 at 3:06 PM
 
AP - Summer's gone, but the worst housing demand homebuilders have seen in decades is dragging into the fall.
   
   
Summary Box: Time Warner 3Q net income falls (AP)
November 3, 2010 at 2:57 PM
 
AP - EARNINGS: Time Warner Inc. posted a decline in its third-quarter net income Thursday, hurt by a charge related to debt redemptions, but adjusted earnings surpassed Wall Street's expectations.
   
   
Summary Box: BMW's Q3 earnings surge (AP)
November 3, 2010 at 2:20 PM
 
AP - REARVIEW MIRROR: Profit between July and September surged to 871 million euros ($1.22 billion), up from Yugo-like 76 million euros a year earlier.
   
   
Earnings roundup: Ally Financial, TRW Automotive (AP)
November 3, 2010 at 2:12 PM
 
AP - Among the earnings stories for Wednesday, Nov. 3, from The Associated Press:
   
   
Summary Box: AOL 3Q profit rises on gains (AP)
November 3, 2010 at 2:08 PM
 
AP - THE RESULTS: AOL's third-quarter earnings more than doubled, boosted by cost cutting and gains from the sale of an investment in travel website Kayak and of instant-messaging business ICQ. AOL's advertising revenue fell and its dial-up Internet access business continued its steady decline.
   
   
PetroQuest 3Q profit up (AP)
November 3, 2010 at 11:44 AM
 
AP - Independent petroleum producer PetroQuest Energy Inc. said Wednesday its third-quarter profit rose 9 percent but its revenue slipped.
   
   
A look at Molson Coors 3Q results by unit (AP)
November 3, 2010 at 11:27 AM
 
AP - Here's how Molson Coors Brewing Co.'s units performed in the third-quarter:
   
   
Summary Box: Aetna 3Q profit rises on lower costs (AP)
November 3, 2010 at 11:11 AM
 
AP - THE RESULTS: Health insurer Aetna Inc. earned $497.6 million, or $1.19 per share, up 53 percent from a year ago. The company earned 84 cents per share excluding one-time items, handily topping Street estimates.
   
   
Summary Box: Molson Coors net income rises (AP)
November 3, 2010 at 11:02 AM
 
AP - THE RESULTS: Molson Coors Brewing Co. third-quarter net income increased by 9 percent on higher prices and cost cutting, even though it sold less beer.
   
   
CVS Caremark profit falls 21 percent in 3Q (AP)
November 3, 2010 at 10:22 AM
 

FILE - In this May 3, 2010 file photo, a shopper picks up a basket at a CVS store in Brunswick, Maine. CVS Caremark said Wednesday, Nov. 3, 2010, its profit fell 20 percent in the third-quarter as its pharmacy benefit unit continued losing business. (AP Photo/Pat Wellenbach)AP - CVS Caremark Corp. reported a 21 percent drop in third-quarter profit Wednesday as its pharmacy benefit unit continued losing business from previously canceled contracts.


   
   
BMW profits boosted by sales in emerging markets (AFP)
November 3, 2010 at 9:23 AM
 

Net profit at the world's leading luxury car maker, BMW, leapt 11-fold in the third quarter of 2010 compared with the same period a year earlier, to 874 million euros (1.2 billion dollars), the group has said.(AFP/DDP/File/Joerg Koch)AFP - BMW reported a spectacular profit comeback on Wednesday, turning in an 11-fold increase for the third quarter on recovering global demand for its up-market vehicles.


   
   
MGM Resorts posts 3Q loss on CityCenter writedown (AP)
November 3, 2010 at 9:15 AM
 
AP - MGM Resorts International lost less money in its third quarter than a year ago, even as it continued to write down the value of its investment in the mammoth CityCenter development in Las Vegas.
   
   
Freddie Mac posts $4.1B loss for Q3 (AP)
November 3, 2010 at 8:57 AM
 
AP - Mortgage buyer Freddie Mac on Wednesday posted a narrower loss of $4.1 billon in the July-September quarter.
   
   
Molson Coors net income rises on higher prices (AP)
November 3, 2010 at 8:49 AM
 

** CORRECTS SECOND SENTENCE ** In this Nov. 1, 2010 photo, Coors Light and Molson Canadian beer are displayed in Denver, Colo. Molson Coors Brewing Co. said Wednesday, Nov. 3, 2010, its net income increased by 9 percent in its third quarter on higher prices and cost cutting, even though it sold less beer. (AP Photo/Ed Andrieski)AP - Molson Coors Brewing Co. said Wednesday its net income increased by 9 percent in its third quarter on higher prices and cost cutting, even though it sold less beer.


   
   
Time Warner 3Q net income slides, revenue climbs (AP)
November 3, 2010 at 8:47 AM
 
AP - Time Warner, the media giant that owns Warner Bros., HBO, CNN and DC Comics says its third-quarter net income declined, but its adjusted earnings surpassed Wall Street's expectations thanks to growing subscription and ad revenue in its networks business.
   
   
AOL posts higher 3Q net income on gains, cost cuts (AP)
November 3, 2010 at 8:45 AM
 

In this Oct. 14, 2010 photo a woman pushes a stroller past the AOL offices in Palo Alto, Calif. AOL said Wednesday, Nov. 3, 2010, its profit more than doubled in the third quarter thanks to gains on investments it sold during the quarter. But its revenue fell 26 percent sharply as online ad sales fell and its dial-up Internet access business continued to falter.  (AP Photo/Paul Sakuma)AP - AOL Inc.'s profit grew in the third quarter thanks to gains on investments it sold during the quarter, but revenue declined sharply as online ad sales fell and its and its dial-up Internet access business continued to falter.


   
   
CVS Caremark profit falls 20 percent in 3Q (AP)
November 3, 2010 at 8:12 AM
 

FILE - In this May 3, 2010 file photo, a shopper picks up a basket at a CVS store in Brunswick, Maine. CVS Caremark said Wednesday, Nov. 3, 2010, its profit fell 20 percent in the third-quarter as its pharmacy benefit unit continued losing business. (AP Photo/Pat Wellenbach)AP - CVS Caremark Corp. reported a drop in third-quarter profit Wednesday as its pharmacy benefit unit continued losing business from previously canceled contracts.


   
   
Aetna 3Q profit jumps 53 percent on lower costs (AP)
November 3, 2010 at 7:59 AM
 
AP - Health insurer Aetna Inc. said Wednesday its third-quarter net income jumped 53 percent on lower benefits and expenses.
   
   
PulteGroup 3Q loss widens on charges, tops Street (AP)
November 3, 2010 at 7:54 AM
 
AP - PulteGroup Inc. lost more money in its third quarter than a year ago because of hefty charges, but adjusted results topped Wall Street's expectations.
   
   
SocGen rules out Basel cap hike, shares rise (Reuters)
November 3, 2010 at 7:43 AM
 
Reuters - French bank Societe Generale said it would not need a capital increase to meet tougher industry rules and posted forecast-beating quarterly profit, calming investor fears over its financial firepower.
   
   
Aetna 3Q profit jumps 53 percent on lower costs (AP)
November 3, 2010 at 6:21 AM
 
AP - Health insurer Aetna says its third-quarter net income jumped 53 percent on lower benefits and expenses.
   
   
BMW astonishes with 11-fold jump in quarterly profit (AFP)
November 3, 2010 at 5:44 AM
 

Net profit at the world's leading luxury car maker, BMW, leapt 11-fold in the third quarter of 2010 compared with the same period a year earlier, to 874 million euros (1.2 billion dollars), the group said Wednesday.(AFP/DDP/File/Joerg Koch)AFP - The world's leading luxury car maker, BMW, reported a huge leap in third-quarter net profit on Wednesday as recovering global markets snapped up its saloons (sedans) and sports utility vehicles.


   
     
 
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