International Paper Posts 3Q Deficit
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International Paper Co. on Tuesday said higher prices drove a 13 percent increase in third-quarter operating profit, but the company fell to a loss after taking charges from selling off its Weldwood of Canada Ltd.
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Knight Ridder Inc., publisher of the Miami Herald and the Philadelphia Inquirer, said third-quarter earnings will miss Wall Street estimates due to the impact of three recent hurricanes on its Florida newspapers.
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The electronics company warns on third-quarter earnings.
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3M Co. (MMM.N: Quote, Profile, Research) on Monday said third-quarter earnings rose 17 percent due in part to the weak dollar, but the diversified manufacturer&#39;s results
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MEMPHIS, Tenn., Feb. 28  /PRNewswire-FirstCall/ -- International Paper  today completed the sale of its Arizona Chemical business to Rhone Capital III L.P. for approximately $485 million.
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The U.S. current account deficit widened slightly to a record &#36;164.71 billion in the third quarter as the goods trade shortfall grew and the services surplus shrank, the government said on Thursday.
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The newspaper publisher reported profit of $365.7 million on the sale of several newspapers. Excluding the gain, earnings fell on weaker advertising.
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Inserts new paragraph 3 to show 3-cent charge for purposes of comparison with Reuters Estimates
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For the third time in a month, an analysis of state finances is warning that budget deficits and spending cuts are on the way.
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News and information provider Reuters  Group Plc said on Thursday it expects a three-year revenue  slide to ease in the first quarter by more than analysts had  forecast, sending its shares up 3.2 percent.
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New Zealand's annual current account deficit declined in the September quarter for the first time in more than three years, official figures showed.
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The Washington Post Co. earned $82.5 million in its third quarter, the company reported Friday, well above the $19.9 million it earned in the year-ago period, when results were weighed down by expenses for
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The U.S. current account deficit shrank in the third quarter to its narrowest in two years, while net overall capital inflows into the country surged in October, data on Monday showed.
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Only six months out of bankruptcy, MCI has reported net losses of $3.4bn for Q3, due to falling revenues and a write down of the value of its network.
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The huge U.S. current account deficit widened in the third quarter to a record $225.6 billion, as gushing oil prices and strong demand for Chinese and other foreign goods pushed imports higher, a U.S. Commerce Department report showed on Monday.
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International PaperÂs pension fund is three years into a broad revamping, one that the company believes will protect it from the forces that wreaked havoc on pensions in the last few years.
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The deficit in the broadest measure of trade climbed to a record high of $164.7 billion in the third quarter of this year, reflecting Americans' hardy demand for imported oil and foreign-made goods.