Company Earnings - Page 3

Earnings News

AP - Microsoft Corp.'s fiscal third-quarter profit jumped 65 percent, buoyed by sales of its new versions of Windows and Office and by upgrade coupons for the operating system issued over the holidays.

Reuters - Microsoft Corp. posted a 65 percent rise in quarterly profit on Thursday, topping Wall Street estimates due to better-than-expected demand for its new Windows Vista operating system.

AP - Shares of Apple Inc. rose more than 6 percent early Thursday and soared above $100 for the first time after the company walloped Wall Street expectations with quarterly profit that jumped 88 percent on strong sales of its iPod players and Macintosh computers.

Investor's Business Daily - Companies are reporting strong earnings in the first quarter, blowing away most expectations. More Info...  

AP - At $282 million, Ford Motor Co.'s first-quarter loss was much improved over the $1.4 billion in red ink it posted during the same quarter last year. Company officials touted the results as a sign that its restructuring plans were taking hold, but Ford still is struggling to make money on its core business — selling cars and trucks in North America.

AP - Oil giant Exxon Mobil Corp. kicked off 2007 with a 10 percent rise in profits, its best-ever first quarter, as higher margins on refining and chemical operations offset lower prices for crude oil and natural gas.

AFP - Microsoft Corp. reported on Thursday that its profits soared to a record high in the first three months of the year due to sales of its new Vista operating system and Office software.

AP - XM Satellite Radio Holdings Inc., which is in the midst of a proposed acquisition by its biggest rival, said Thursday that its first-quarter loss narrowed as subscription revenue rose sharply. More Info...  

AP - US Airways Group Inc. on Thursday said profit edged up 2 percent in the first quarter on modest revenue growth, and the airline company backed its forecast for a profitable year. More Info...  

AP - Oilfield services conglomerate Halliburton Co. said Thursday its first-quarter profit rose 13 percent, a boost driven largely by increased business in the Middle East that helped offset lower commodity prices in North America. More Info...  

Reuters - US Airways Group posted a slightly higher quarterly net profit on Thursday, despite severe winter weather and a customer service debacle, as the airline flew fuller planes and collected higher fares. More Info...  

AP - Booming sales of the popular Wii and DS game machines lifted Nintendo Co.'s earnings 77 percent for the latest fiscal year, showing that the Japanese maker is holding its own against bigger rivals Sony and Microsoft.

Reuters - Ford Motor Co. posted a narrower-than-expected loss on Thursday, helped by cost-cutting and improved results from its European and luxury vehicle operations, sending its shares and bonds up sharply.

Reuters - Toys "R" Us Inc. on Thursday reported a 40 percent rise in quarterly earnings, helped by the closure of underperforming stores and lower markdowns. More Info...  

AP - Exxon Mobil Corp., the world's largest publicly traded oil company, said Thursday its net income grew 10 percent in the first quarter, as higher refining, marketing and chemical profit margins overcame lower crude oil and natural gas prices from a year ago.

Reuters - 3M Co. , whose products range from Scotch tape to optical films for liquid crystal displays, posted a far better-than-expected quarterly profit on Thursday, sending its shares up more than 4 percent. More Info...  

Reuters - Share of Apple Inc. rose nearly 5 percent on Thursday after the computer maker posted a better-than-expected 88 percent rise in earnings, spurring a handful of analysts to increase price targets on the stock.

AP - Comcast Corp., the nation's largest cable television operator, on Thursday reported that first-quarter profits surged by 80 percent, in part helped by a one-time gain resulting from the dissolution of a joint venture with Time Warner Cable.

FT.com - Wall Street paused for breath on Thursday as investors consolidated gains from a record breaking rally. More Info...  

Earnings News

AP - Apple Inc. blew past Wall Street expectations Wednesday, posting quarterly profits that jumped 88 percent, fueled by strong sales of its iPod players and Macintosh computers.