Gateway Posts Operating Profit
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Personal computer maker Gateway  Inc. GTW.N on Thursday posted its first operating profit in  nearly three years as its retail strategy gained traction and  costs fell, sending shares up 11 percent.
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Continental Airlines Inc  on Thursday posted a fourth-quarter profit as higher fares and more international flights helped offset soaring fuel costs.
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The company said quarterly profit rose to $494 million despite a slowing U.S. economy, but it lowered its full-year earnings outlook.
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Anglo-Dutch steelmaker Corus Group has unveiled the first profit in its five-year history for the first half of the year and says restructuring, strong demand and higher steel prices are keeping its outlook positive.
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Gucci, the world's third largest luxury group, reported that operating profit in the second quarter to July surged by 142.9 percent to 65 million euros (79.82 million dollars) from 26.8 million euros in the same period of last year.
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IRVINE, Calif., Jan. 31  /PRNewswire-FirstCall/ -- As previously disclosed, Gateway, Inc.  reconfirmed that it will release its financial results for the fourth quarter ended Dec. 31, 2006 and full year 2006 after the close of market on the NYSE on Thursday, Feb. 8, 2007.
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General Electric Co  on Friday posted a profit that met expectations on strong demand for heavy equipment such as jet engines and electricity-producing turbines.
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Hewlett-Packard Co.HPQ.N on  Wednesday posted a quarterly profit that rose slightly, helped  by gains across all of its businesses.
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Natural gas producer and pipeline company Williams Cos. Inc.  posted better-than-expected quarterly profit on Thursday as higher margins for natural gas liquids offset weaker gas prices.
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Two former executives with Gateway Inc., the nation's third-largest PC vendor, are guilty of manipulating earnings and revenues to meet Wall Street expectations, according to a verdict delivered Wednesday by a federal jury in California.
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Continental Airlines Inc  on  Thursday posted a fourth-quarter profit as more international  flights helped offset higher fuel costs.
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Comcast Corp. , the leading  U.S. cable operator, posted higher quarterly profit and revenue  on Thursday, helped by strong growth in subscribers across its  video, phone and high speed Internet services.
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Computer manufacturer sells new line through major retail centers in bid to return to profitability. SAN FRANCISCO  - PC manufacturer Gateway Inc.
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Buoyed by strong consumer demand for personal computers and stringent cost cuts, computer maker Gateway reported a third-quarter loss on Thursday that was much narrower than a year ago.
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The company posted fourth-quarter profit of $414.9 million, helped by growth in emerging markets and the weaker dollar.
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By Franklin Paul NEW YORK  - Gateway Inc.  on Monday said it would return to its roots as a personal computer company, backing off on an aggressive strategy of expanding into TVs, digital cameras and other gadgets in a move to return to profitability.
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Web search leader Google Inc.  GOOG.O, in its first earnings report as a publicly held  company, on Thursday posted a profit of $52.0 million in the  third quarter on strong Web search advertising.