Net income

Syndicate content

Wendy's International profit margins improved

Wendy's International says its 4Q earnings rose 42% from a year ago, as profit margins at its U.S. stores improved despite higher commodity costs.

Get the full story...

Evergreen Solar Inc. to sell 20 mln shares in public offering

Evergreen Solar Inc., a publicly-held U.S. company which specializes in solar energy, announced that it has filed for a public offering of 20 million common shares.

Get the full story...

Burger King's income rises

Burger King Holdings Inc, the second-largest U.S. hamburger chain, posted quarterly profit rose 29 percent as discount menus and late-night hours attracted more customers. The shares gained the most ever in New York trading.

Get the full story...

Nissan 4Q income jumps

Nissan October-December net income jumped 26.6 percent. The company kept its full year forecasts as strong sales appeared to quell looming worries about a U.S. slowdown and an unfavorably strong yen.

Get the full story...

Safeco reports income fall due to competition and California widfires

Safeco Corp, property casualty insurer, reported fell by nearly a third in the fourth quarter due to competition in auto insurance and losses from California wildfires.

Get the full story...

MasterCard fourth-quarter income rises

The credit card network MasterCard Inc. reported that its fourth-quarter earnings rose more than seven times, due to additional sales of the company's investment in a Brazilian company.

Get the full story...

Lenovo Group triples profit, beats estimates

Asia's biggest personal-computer seller Lenovo Group Ltd. tripled profit to a record, beating estimates, after adding sales agents to increase shipments. The company plans to sell its mobile-phone unit to focus on PCs.

Get the full story...

MBIA reports 3.5 billion loss on derivative write-downs

Bond insurer MBIA Inc. announced its second consecutive quarterly net loss of USD 3.5 billion on derivative write-downs.

Get the full story...

Indian Larsen & Toubro reports bigger-than-expected profit

India's biggest engineering company Larsen&Toubro Ltd. reported a better-than-expected fiscal third- quarter profit after winning more orders in the Middle East.

Get the full story...

McDonald's reports 3 percent profit rise in 4Q

McDonald's Corp. reported that its fourth-quarter profit rose 3 percent due to income tax benefits and another period of strong sales at stores open at least a year.

Get the full story...

Oxford spends more than a third of its fee income on bursaries

The Office for Fair Access (OFFA) has published its report on the first year of the new fee regime introduced in 2006 which allowed universities to charge up to GBP 3,000 for their courses.

Get the full story...

Tiffany's 3Q net income up to 98.9 million dollars

Tiffany & Co. announced that its third-quarter earnings more than tripled, thanks to strong sales growth and a hefty gain on the sale and leaseback of its Tokyo flagship store. It also raised its earnings guidance for the full year.

Get the full story...