Profit

(credit: Kevork Djansezian/Getty Images)

Best Buy Posts 3Q Profit, Sales Flat

Electronics retailer Best Buy Co. returned to a profit in the third quarter as the busy holiday season revs up. But the company says it expects a tough competitive environment during the holiday season.

11/19/2013

(credit: ERIC LALMAND/AFP/Getty Images)

Caterpillar 3Q Earnings Tumble 44 Percent

Caterpillar’s mining business is down in a hole. Its third-quarter earnings plunged 44 percent and it cut its forecast, again. It said revenue will be almost $11 billion lower than last year, a drop of 17 percent.

10/23/2013

(credit: Delta Air Lines)

Delta Air Lines Posts Profit Of $1.37 Billion

Delta Air Lines made more than a billion dollars in the third quarter as more passengers paid a little bit extra to fly. Even its new oil refinery turned a small profit. The profit of $1.37 billion worked out to $1.59 per share. Not counting gains from fuel hedges, the company would have earned $1.2 billion, or $1.41 per share.

10/22/2013

(credit: UnitedHealth Group)

UnitedHealth’s 3Q Profit Edged Up 1 Percent

UnitedHealth Group Inc.’s third-quarter earnings inched up 1 percent in a rare performance that failed to trump Wall Street expectations. The nation’s largest health insurer also gave a less-than-reassuring vibe to investors by narrowing its 2013 forecast instead of raising it.

10/17/2013

(credit: CBS)

Supervalu Returns To Profit In 2Q, Tops Street

Supervalu returned to a profit in its fiscal second quarter after posting a loss in the same period a year ago due to a large charge. Its adjusted profit and revenue beat analysts’ expectations. Shares climbed more than 6 percent premarket trading Thursday.

10/17/2013

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Fastenal 3rd-Quarter Net Income Rises 9 Percent

Fastenal Co. said Wednesday its third-quarter net income rose 9 percent, helped by the installations of more industrial vending machines that sell its products. But the results fell slightly short of Wall Street predictions and Fastenal shares dropped 5 percent in premarket trading.

10/09/2013

(credit: Jupiter Images)

Regis Returns To Profit In 4Q, Revenue Declines

The hair salon operator Regis returned to a profit in its fiscal fourth quarter although a key revenue figure and a measure of customer traffic fell. Regis, with brands including Supercuts, MasterCuts and others, earned $675,000, or 1 cent per share, for the three months ended June 30.

08/27/2013

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Target’s 2Q Profit Falls 13 Percent But Tops Wall St.

Target Corp. is reporting a 13 percent drop in second-quarter earnings as the discounter spent money on opening stores in Canada and dealt with cautious shoppers in the U.S. The Minneapolis-based discounter is offering a muted full-year outlook.

08/21/2013

(credit: Kevork Djansezian/Getty Images)

Best Buy 2Q Net Income Rises On Cost-Cutting

Best Buy’s net income rose sharply in the second quarter, as the struggling electronics retailer slashed costs and worked to make its website more competitive. The nation’s biggest specialty electronics company beat Wall Street expectations and its shares were up 10.5 percent at $33.97, marking a two-year high.

08/20/2013

3M, generic, logo

3M Posts Slightly Better-Than-Expected 2Q Profit

3M Co., which makes a wide range of items including Scotch tape, reflective coatings for signs, and medical products, said on Thursday that its net income rose 2.6 percent as revenue grew across most of its businesses.

07/25/2013

(credit: CBS)

Polaris 2Q Profit Tops Street, Selling Prices Rise

Polaris Industries’ second-quarter net income rose 15 percent, in part because of higher selling prices and ongoing efforts to lower product costs. The snowmobile and ATV maker also raised its full-year earnings forecast on Tuesday for the second consecutive quarter.

07/23/2013

(credit: UnitedHealth Group)

UnitedHealth 2Q Profit Up As Enrollment Improves

UnitedHealth Group Inc.’s second-quarter net income rose almost 8 percent, buoyed by steady enrollment growth. The nation’s largest health insurer’s earnings topped Wall Street estimates. It also raised the low end of its full-year earnings forecast Thursday.

07/18/2013

money, cash, 20s, dollar bills, generic

Piper Jaffray 2nd-Qtr Profit Falls, Revenue Dips

Investment bank and asset management firm Piper Jaffray said Wednesday that its second-quarter net income dropped 61 percent from results a year ago that were bolstered by tax benefit. Piper Jaffray Cos. earned $2.3 million, or 15 cents per share, for the three months ended June 30.

07/17/2013

(credit: CBS)

General Mills 4Q Profit Rises, Forecast Misses

Food maker General Mills said Wednesday that its fiscal fourth-quarter net income climbed 13 percent, helped by contributions from new businesses and strong sales overseas. But its fiscal 2014 adjusted earnings forecast came in slightly below analysts’ estimates, and General Mills Inc. shares dipped slightly before the market open.

06/26/2013

(credit: UnitedHealth Group)

UnitedHealth Board OKs Quarterly Dividend Raise

UnitedHealth Group is raising its quarterly dividend by another 32 percent, to 28 cents per share. The new payout represents an increase of nearly 7 cents from the insurer’s current dividend of 21.25 cents. The largest U.S. health insurer says the dividend will be paid on June 21 to all shareholders of record as of the close of business June 14.

06/05/2013

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