Panasonic Reports Big Yearly Loss but Forecasts Profit
Panasonic forecast its operating profit will rise 55 percent in the year ending March 31 as it steps back from struggling operations in TVs and other consumer gadgets.
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Fannie Mae Posts Record $60B Quarterly Profit
Mortgage-backer Fannie Mae will pay a dividend of $59.4 billion to the U.S. Treasury next month, a feat thought unthinkable just a few years ago following a federal bailout.
Cheap Yen, Healthier Sales Push Sony into the Black
Sony is back in the black for its fiscal fourth quarter, recording a $948 million profit, with big help from a weaker yen that boosts overseas earnings.
Pfizer 1Q Profit Rises, but Trims Full-Year Outlook
Pfizer reported lower-than-expected quarterly earnings and revenue and the largest U.S. drugmaker trimmed its full-year profit outlook.
Chrysler's 1Q Profit Tumbles 65% As It Readies New Models
Chrysler's first-quarter profit tumbled 65 percent as shipments of cars and trucks fell while it prepared to launch several key new vehicles.
Chevron's Quarterly Profit Falls on Lower Oil Prices
Chevron says its quarterly profit fell 5 percent in the first quarter as oil prices slipped.
Higher Cigarette Prices Help Ignite Altria's Quarterly Profit
Marlboro-maker Altria Group's first-quarter profit rises on higher prices for its cigarettes and smokeless tobacco products.
Bristol-Myers Earnings Plunge as Sales of Plavix Plummet
Bristol-Myers Squibb posted a 45 percent drop in first-quarter profit as revenue from its Plavix blood-thinning drug plunged 95%.
UPS' Quarterly Profit Rises on Higher Consumer Spending
UPS reports a higher first-quarter profit attributable in part to post-holiday consumer spending.
Exxon's Quarterly Profit Edges Up as Energy Production Slumps
Exxon Mobil's quarterly profit edged up, as the world's largest publicly traded oil company's results were helped by higher earnings in its chemicals business.
DuPont Profit Rises on Strong Demand for Chemicals, Seeds
DuPont's quarterly profit beat analyst estimates as higher sales of seeds and agriculture chemicals offset weak demand for the once-lucrative titanium dioxide paint pigment.
Netflix's 1Q Subscriber Gains Catapult Stock
Netflix's decision to feature original programming on its Internet video service appears to be pulling in more customers.
Yahoo Posts Flat First-Quarter Revenue on Falling Ad Sales
Yahoo's net revenue in the first quarter was flat year-over-year, as its display advertising business experienced declining revenue for the second quarter in a row.
Goldman Sachs Earnings Beat Analyst Estimates
Goldman Sachs reported first-quarter results that beat analyst forecasts thanks to a pickup in stock and bond underwriting.
Monsanto Raises Profit Forecast on Strong Corn Sales
Monsanto raised its full-year profit forecast on Wednesday after reporting a better-than-expected second quarter driven by strength in its global corn business.