Foreign Sales Help I.B.M. to a Strong Quarter
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The giant technology company gave Wall Street a pleasant surprise by announcing quarterly earnings that were far higher â up 24 percent â than most analysts had forecast.
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Strong overseas demand pushes IBM to a better-than-expected fourth quarter.
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The retailer reports strong earnings and lifts its outlook.
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The increase resulted from a sharp rise in sales in its business software unit, the company said.
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3M Co , whose products range from Scotch tape to optical films for liquid crystal displays, on Friday posted a stronger-than-expected quarterly profit, helped by strong demand in international markets.
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With a lift from the falling dollar and better-than-expected sales in several divisions, the company has delivered a pleasant earnings surprise to its long-suffering shareholders.
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The economy &#151; helped out by more brisk consumer and business spending &#151; grew at an annual rate of 3.9 percent in the third quarter, a performance that was stronger than previously thought.
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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 5 percent and spurring a broader tech rally.
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Strong drug sales provide a dose of good medicine for this pharmaceutical company.
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Ameritrade's net interest revenue helps boost profits in a strong quarter.
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3M Co , whose products range from Scotch tape to optical films for liquid crystal displays, on Friday posted a higher quarterly profit, helped by strong demand in international markets.
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The company impresses the Street with strong earnings, an optimistic outlook, and a toehold abroad.
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Despite a looming recession, strong Mac sales will help Apple meet or exceed revenues this quarter.
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Net income for the second quarter climbed on solid sales of smaller, fuel-efficient vehicles and cost-cutting efforts.
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Rising textbook sales and strong growth in international bond ratings at its Standard & Poorâs unit helped lift earnings to $452 million, the company said.
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With strong international sales and growth in its services business, Symantec reported earnings Wednesday that beat analyst expectations.
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Strong exports lifted Japan's May trade surplus, as sales to the EU offset lower US demand, figures show.