Company Earnings - Page 29

AP - Delphi Corp. said Tuesday it lost $2 billion in the third quarter, blaming half the loss on the cost of paying about 20,000 unionized workers to leave the struggling auto parts maker. More Info...  

FT.com - Wall Street stocks were higher at mid-afternoon on Tuesday on sound earnings figures, an analyst upgrade for General Motors (NYSE:GM) and reports of a possible takeover approach for Alcoa (NYSE:AA), the aluminium group. More Info...  

AP - Johnson & Johnson's disclosure that foreign subsidiaries may have made improper payments related to the sale of medical devices overseas should not be a major problem for the health care company, analysts said Tuesday. More Info...  

AP - Marsh & McLennan Companies Inc., the nation's largest insurance brokerage, on Tuesday reported a six-fold increase in profit for the fourth quarter on strong revenue growth in its insurance, risk and consulting businesses. More Info...  

Reuters - Omnicom Group Inc. , the world's largest advertising services company, said on Tuesday fourth-quarter profit rose nearly 10 percent as it reaped the benefits of investments overseas, including China. More Info...  

Reuters - KB Home , a leading U.S. home builder, on Tuesday posted a smaller-than-expected quarterly net loss after a $343.3 million noncash for declining land values, sending its shares up 1.6 percent.

Reuters - U.S. oil and gas producer XTO Energy Inc. on Tuesday said fourth-quarter profit declined 5 percent as lower natural gas prices and higher expenses weighed on results. More Info...  

Reuters - Ceridian Corp., a human resources outsourcing company recently criticized by an activist investor, said on Tuesday that fourth-quarter profit rose, helped by declining research and development expenditure. More Info...  

FT.com - Strong earnings figures helped European equity markets make a positive start to trading on Tuesday but gains were pared by early afternoon amid weakness in the real estate, tobacco and pharmaceutical sectors. More Info...  

AP - Fast-food giant Yum Brands Inc. said Monday that fourth-quarter profits grew 3 percent as strong international sales offset a sagging performance by Taco Bell amid an E. coli outbreak that sickened several dozen customers at some of its East Coast restaurants.

Earnings News

Reuters - Fast-food company Yum Brands Inc. reported a 2.6 percent rise in quarterly earnings on Monday as a lower tax rate and strong profit growth in China offset fallout from an E. coli outbreak at some Taco Bell restaurants in the United States.

Reuters - Transportation management company Hub Group Inc. said on Monday its quarterly net profit rose, citing higher freight revenue in its truck brokerage and intermodal services. More Info...  

Reuters - Online travel company Priceline.com Inc. said on Monday its quarterly profit rose sharply on higher travel bookings, helped by strength in its European business. More Info...  

Reuters - Loews Corp. , the conglomerate run by the Tisch family, reported a nearly six-fold increase in fourth-quarter profit on Monday, helped by gains at its insurance and oil drilling units. More Info...  

Earnings News

AP - MasterCard Inc. said Friday its fourth-quarter profit topped Wall Street expectations as consumer spending spiked, but the credit-card company warned margin growth may slow this year. The stock tumbled nearly 10 percent after hitting an all-time high in early trading.

Earnings News

AP - Hasbro Inc., the nation's second-largest toy maker, said Friday its fourth-quarter profit climbed 15 percent on growth in core brands such as Playskool, Monopoly, and Littlest Pet Shop.

AP - Hasbro Inc., the nation's second-largest toy maker, said Friday its fourth-quarter profit climbed 15 percent on growth in core brands such as Playskool, Monopoly, and Littlest Pet Shop.

AP - Alcatel-Lucent SA said Friday it plans to cut another 3,500 jobs after it swung to a loss in the fourth quarter — the first earnings report from the recently combined telecom equipment maker.

AP - MasterCard Inc. said Friday its fourth-quarter profit topped Wall Street expectations as consumer spending spiked, but the credit-card company warned margin growth may slow this year. The stock tumbled nearly 10 percent after hitting an all-time high in early trading.

Reuters - Univision Communications Inc. , the largest U.S. Spanish-language broadcaster, said on Friday its quarterly net profit more than tripled on strong growth in the company's advertising-related business. More Info...