Earnings Rise 24% at Kimberly-Clark
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Kimberly-Clark, which makes Huggies diapers and Scott towels, said profit rose more than expected and raised its outlook in light of higher international sales and a weaker dollar.
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IBM reported a better-than-expected 24 percent rise in preliminary quarterly earnings on Monday on strong sales in overseas markets, driving its shares up 6 percent and spurring a broader tech rally.
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Citing strong economic conditions, the manufacturer posted fourth-quarter earnings of $689 million, up from $585 million a year earlier.
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Quarterly profit soared thanks to new products, increased marketing and improvement in international business, the company said.
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Bed Bath & Beyond Inc.  on Wednesday posted a 24 percent rise in its quarterly earnings as demand for its household goods remained strong.
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Fourth-quarter earnings jumped 64 percent, due in part to a $214 million gain from a tax benefit, as well as more streamlined operations at the military contractor.
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Fourth-quarter earnings at the Industrial conglomerate  rose to 1.06 billion as sales rose across each of segments, with aerospace unit Sikorsky and Otis leading the way, the company said.
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Kellogg Co. (K), the world&#39;s largest cereal maker, on Monday reported a quarterly profit that exceeded Wall Street estimates and raised its full-year earnings outlook, helped by strong sales of new products.
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Profit for the Internet auction giant rose 24 percent on increased business in its core auction marketplace during the holiday months.
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The company said first-quarter profit rose 14 percent on strong sales growth across nearly all regions.
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Qualcomm Inc  posted a  quarterly profit that rose 24 percent on Wednesday, handily  beating Wall Street estimates on strong demand for high-end  mobile phones using its chips and technology licenses.
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Walt Disney Co. said Thursday that profit jumped 24 percent in the fiscal fourth quarter, driven by growth at its television networks, theme parks and consumer products businesses.
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Research firm PRA International Inc. gained as much as 24 percent Thursday after pricing its initial public offering above expectations, and two other stocks saw moderate increases in their trading debuts.
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Profit at SLM Corp. soared in last year's final quarter, propelling the big education finance company to a 25 percent jump in annual earnings over 2003.
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Investment banking firm Goldman Sachs Group Inc. said Thursday that fourth-quarter earnings rose 23 percent to beat Wall Street expectations.
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Buoyed by the strong performance of ESPN and its other cable channels, the Walt Disney Company said that its profit rose 24 percent in the fourth quarter.
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Healthy sales of software and technology services helped fourth-quarter profit rise 12 percent at I.B.M., which had already disclosed that the results would be way ahead of analystsâ forecasts.