Company Earnings - Page 30

Reuters - U.S. forest products company Weyerhaeuser Co. posted a quarterly profit on Friday, versus a year-earlier loss, helped by a refund of duties and an increased profit from its real estate business. More Info...  

Reuters - MasterCard Inc. reported better-than-expected fourth-quarter profit on Friday as spending volume jumped, but the credit card company warned that operating margin growth may slow this year, and its shares fell 10 percent.

AP - Forest products maker Weyerhaeuser Co. said Friday it swung to a profit in the fourth quarter from a year-ago loss, although lower domestic log prices still weighed on results. More Info...  

Reuters - Swedish security services firm Securitas AB (SECUb.ST) posted a fourth-quarter pretax loss on Friday after a large one-off charge. More Info...  

Earnings News

AP - Gateway Inc. said Thursday it planned to cut $20 million to $25 million in expenses and lay off more employees despite a tax benefit that helped the struggling computer maker turn a profit in the fourth quarter.

AP - Gateway Inc. said Thursday it planned to cut $20 million to $25 million in expenses and lay off more employees despite a tax benefit that helped the struggling computer maker turn a profit in the fourth quarter.

AP - Semiconductor maker Broadcom Corp., whose chips are used in cell phones and Apple's iPod, said fourth-quarter profits plunged 76 percent on charges related to how it previously accounted for stock options grants. More Info...  

AP - Online music retailer Napster Inc. said Thursday it narrowed losses in its fiscal third quarter by adding subscribers and generating record revenue.

Reuters - Gateway Inc. , the No. 3 U.S. personal computer maker, returned to profit in the fourth quarter but its shares fell 6 percent on Thursday after it reported revenue that fell short of analysts' estimates.

AP - Sina Corp., China's most popular Web portal, said Thursday its fourth-quarter profits fell 15 percent due to higher expenses and a drop in revenues for mobile services.

AP - Health insurer Aetna Inc. said Thursday its fourth-quarter profit increased 4 percent as growing medical enrollment — including a push to sell individual policies in addition to more traditional companywide plans — lifted revenue from health care premiums.

FT.com - European equities fell on Thursday as investors considered the impact of near-term eurozone interest rate increases and mulled a mixed set of corporate earnings. More Info...  

Reuters - PepsiCo Inc. posted a 61 percent rise in quarterly profit on Thursday on strong U.S. sales of Frito-Lay snacks, but shares fell because of weak demand for its Gatorade sports drink and a conservative forecast. More Info...  

AP - Waste Management Inc., the nation's largest garbage hauler, said Thursday its fourth-quarter earnings fell 15 percent from a year ago, when the company had heavy business from hurricane cleanups and one extra work day. More Info...  

AP - PepsiCo Inc., the snack and beverage maker, said Thursday that its fourth-quarter profit climbed 61 percent led by strong performances from its international and Frito-Lay divisions. More Info...  

AP - Hotel chain operator Marriott International Inc. said Thursday its fourth-quarter profit fell 7 percent due to lower contributions from its synthetic fuel business. More Info...  

AP - Telecom and Internet data service provider Qwest Communications International Inc. said Thursday it swung to a fourth-quarter profit, helped by an increase in the number of subscribers to its high-speed services. More Info...  

Reuters - Tribune Co. reported a better-than-expected rise in quarterly profit on Thursday helped by an extra week in the quarter that boosted advertising revenue at the company's newspapers. More Info...  

Reuters - Warner Music Group Corp. on Thursday posted a 74 percent drop in its quarterly profit and fell short of Wall Street expectations on a weaker album release schedule than a year before. More Info...  

FT.com - European equity markets were flat on Thursday as investors mulled a flood of earnings reports, while profits were taken after the previous session's fresh run up to six-year highs. More Info...