Weyerhaeuser's fourth-quarter profit boosted by refund
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Forest products company Weyerhaeuser Co.  posted a quarterly profit on Friday, after a year-ago loss, helped by a one-time refund of duties and an increased profit from its real estate business.
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U.S. forest products company Weyerhaeuser Co.  said on Friday its fine paper business, which includes assets that will merge with Canadian Domtar Inc.  , posted fourth-quarter earnings of 37 cents per share.
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The company reported third-quarter net profit of $4.4 billion (3.09 billion euros), citing higher maintenance costs and shutdowns at crucial refineries.
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Fourth-quarter profit rose, driven by a gain from the sale of some forestlands and strong results from its industrial packaging unit.
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Volkswagen AG , the world's fourth-largest carmaker, reported a better-than-expected full-year operating profit on Tuesday and forecast a further improvement this year, sending its shares sharply higher.
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Aircraft brake and landing gear maker  Goodrich Corp. GR.N on Monday said quarterly profit rose,  helped by higher sales of its range of products to planemakers.
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Weyerhaeuser Co.&#39;s third-quarter profit rose on higher prices for lumber and a large gain from the sale of timberlands in Georgia, the company said on Friday.
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The Eastman Kodak Company reported a fourth-quarter profit of $215 million, a big increase from a year earlier.
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Weyerhaeuser Co , one of the largest U.S. forest products makers, on Friday posted a fourth-quarter loss as the U.S. housing slump hurt results at its wood products and timberlands businesses.
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Defense contractor Raytheon Co.  on Thursday reported higher fourth-quarter profit, helped by strong sales of its missile systems and other military electronics.
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Profits got a boost despite sluggish sales from the challenging environment.
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Stryker Corp , which this week said it was recalling some of its artificial hip products, on Wednesday reported higher fourth-quarter profit on increased sales of its orthopedic implants and surgical equipment.
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Riding on record revenue across all its business segments, Hewlett- Packard Co. delivered surprisingly strong financial reports for its fiscal fourth quarter, with profit up 26.5 percent.
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Weyerhaeuser Co.'s WY.N  third-quarter profit rose on higher prices for lumber and a  large gain from the sale of timber lands in Georgia, the   company said on Friday.
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The German central bank made around four billion euros in profits last year, according to a report in Financial Times Deutschland on Monday.
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SPRINGFIELD - Gun maker Smith &amp; Wesson Holding Corp. said yesterday its fiscal first-quarter profit rose 39 percent due to strong firearms sales, contributions from a recent acquisition and the hunting season.
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Weyerhaeuser Co. on Friday said its  quarterly profit more than doubled, but the results lagged  forecasts as costs rose, and its stock fell on warnings that  bad weather could dampen demand for its wood and cardboard  boxes.