Warren Buffett's company says 3Q net income triples to $3.2B as value of its derivatives soar Paper gains on derivative contracts helped Berkshire ...
Earnings roundup: Freddie Mac losses narrow, PriceSmart 4Q profit slides on operating expenses Among the earnings stories for Friday, Nov. 6, from AP ...
NEW YORK (Reuters) - Thomson Reuters Corp <TRI.TO> <TRI.N> reported that quarterly revenue in its markets and legal businesses fell as customers cut costs in the wake of the financial crisis, but its CEO said the worst was over. The news and ...
NEW YORK (Reuters) - Health insurer Cigna Corp <CI.N> posted higher third-quarter profit on Thursday as strength in stock market investments boosted the value of variable annuity products in its reinsurance business. Net earnings rose to $329 million, or $1.19 per share, ...
TOKYO (Reuters) - Toyota Motor Corp's surprise quarterly profit and halving of its annual loss forecast failed to convince investors the world's No.1 carmaker is back on track, as government subsidies peter out and a strong yen takes its toll. Major Japanese ...
NEW YORK (Reuters) - News Corp and Time Warner Inc reported higher-than-expected quarterly profit as movie studios and cable network gains helped offset declines at their newspaper and magazine units. Both News Corp and Time Warner, which have been cutting costs to ...
NEW YORK (Reuters) - News Corp reported a higher-than-expected quarterly profit as gains at its Fox cable network and film divisions, plus cost cuts, helped offset declines at its television stations and newspapers. Chief Executive Rupert Murdoch said he expected 2010 to ...
NEW YORK (Reuters) - Prudential Financial Inc <PRU.N>, the No. 2 U.S. life insurer, said on Wednesday it had a third-quarter profit, reversing a year earlier loss, on record annuity sales and better performance in its investment portfolios. Given the rally in ...
Power company AES sells 15 percent stake to China; says 3rd-quarter earnings up 28 percent Global power company AES Corp. said Friday it is selling a 15 percent stake in itself to China's investment arm for $1.58 billion in a move to ...
State Street adds $250M to legal reserve to cover claims from 2007; revises 3Q results down State Street Corp. on Friday said it added $250 million to a legal reserve, and revised its third-quarter earnings results downward to reflect the change. The ...
Royal Bank of Scotland reported on Friday a net quarterly loss of 1.8 billion pounds and said it expected a slow recovery, despite massive state support. The announcement comes just days after the government decided to pump billions more into the struggling ...
Knology posts 3Q loss of $3.3 million on charges, revenue rises 2.5 percent Knology Inc., a cable, phone and Internet services provider, said it posted a $3.3 million quarterly loss because of hefty accounting charges and other costs to amend a credit ...
