Cognos stock jumps 8 pct on solid earnings report
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Shares in Cognos Inc.    jumped 8 percent on Friday, the day after the business software  maker posted second-quarter results that beat both its own  forecasts and analyst expectations.
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Stocks rose on Friday, buoyed by strong earnings from Microsoft Corp and Caterpillar Inc and optimism about an economic stimulus deal to avert a recession.
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Lockheed Martin Corp., the No. 1 U.S.  defense contractor, on Thursday posted an 8 percent jump in  quarterly profit, helped by sales of Patriot missiles and other  products made by its electronic systems business.
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The food maker General Mills reported on Wednesday that its first-quarter profit rose 8 percent as rising revenue offset higher ingredient costs and increased spending on marketing.
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Home improvement retailer Lowe's Cos.  reported better-than expected earnings on Friday even as the weak housing market hurt results, and its shares rose as much as 6 percent to an all-time high as it said sales could trend upward this year.
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ConocoPhillips , the No. 3 U.S.  oil company, on Wednesday reported a 65 percent surge in  quarterly profit, boosted by sharply higher crude oil prices  and the recent acquisition of Burlington Resources.
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A.I.G. posted earnings nearly eight times higher than a year ago, with property and casualty insurance its star performer.
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OTTAWA (CP) - Cognos Inc. issued a strong quarterly financial report Wednesday, posting double-digit increases in both revenues and profits for the software maker&#39;s second quarter and a bullish outlook for its current three-month period.
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Molson Coors Brewing Co.   reported quarterly profit on Thursday that trounced analysts expectations, aided by higher pricing and volume growth, sending its shares up more than 6 percent.
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Stocks rose on Monday on growing optimism about second-quarter earnings and plans by Johnson & Johnson  and ConocoPhillips  to buy back their own shares.
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OTTAWA (CP) - Canadian business software maker Cognos Inc. is bidding to take over Frango AB, a Swedish specialist in financial reporting technology, for the equivalent of about $67.
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ConocoPhillips  posted higher fourth-quarter earnings on Wednesday, beating Wall Street expectations on record oil prices.
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Wall Street stocks jumped yesterday after the Commerce Department reported record trade deficits and reports circulated about a possible takeover bid for aluminum giant Alcoa.
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Business-software maker Cognos will buy Swedish financial-reporting software company Frango for $52.2 million. Cognos says the acquisition will strengthen its portfolio of corporate performance
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Investors are wowed by the firmâs first quarterly earnings report since it became a publicly-owned company, which showed sales and profit more than doubled in the third quarter.
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Profit rose for the first time in eight quarters after Gap Inc. eliminated jobs and reduced inventory.
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Shares of software maker Oracle Corp.  ORCL.O rose as much as 8 percent in early trading on  Wednesday, a day after the company posted strong quarterly  profit fueled by steady demand for its flagship database  products.