SunTrust Profit Up 33 Percent
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SunTrust Banks Inc., a large  southeastern U.S. bank, on Thursday said fourth-quarter profit  rose 33 percent, helped by growth in fees and loans and its  acquisition of National Commerce Financial Corp.
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The online retailer announced Tuesday that its second-quarter net income increased more than threefold, with revenue up 35 percent.
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SunTrust Banks Inc. STI.N on Monday  said it expects to restate first-half profit higher to fix how  it accounted for loan losses, and the No. 7 U.S. bank put two  senior finance executives on paid leave.
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Lehman Brothers Holdings Inc. ,  said on Tuesday that quarterly profit rose 27 percent, beating  expectations, on surging revenue from bond underwriting and  stock trading.
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Discount retailer Family Dollar Stores   Inc. FDO.N on Thursday posted a 33 percent jump in quarterly   profit, beating Wall Street forecasts, as it kept costs down   and sold more high-margin merchandise.
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The advertising services company said fourth-quarter profit rose 13 percent to $313.9 million, slightly ahead of expectations, with revenue increases in the United States and internationally.
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Sun Microsystems Inc ,  the world's fourth-largest server-computer maker, said on  Thursday that quarterly profit doubled amid strong growth in  emerging markets.
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NEW YORK SunTrust Banks said Monday that it expected to restate its profit upward for the first half to fix how it accounted for loan losses, and the large US bank put two senior finance executives on paid leave.
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Sun Microsystems Inc. said Thursday that its fiscal 2008 second-quarter earnings nearly doubled as services revenue increased and its gross margin improved.
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ABN Amro NV, the Netherlands' largest retail bank, said fourth-quarter net profit rose 33 percent due to asset sales, fewer bad loans and lower taxes.
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Raytheon Co.  said on Thursday fourth-quarter profit rose 32 percent, meeting Wall Street's estimates, on strong sales of its air-to-air missiles and electronic battle systems.
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Barclays, the nation's third-biggest bank, has said that net profit surged by 33 percent to a record 4.571 billion pounds in 2006, lifted by its investment banking arm.
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Bear Stearns Cos. Inc.  on Tuesday said quarterly profit rose 22 percent, helped by a sharp rise in revenue at its investment banking division.
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Walgreen Co.  on Monday said  quarterly profit rose 14.2 percent, aided by higher sales of  prescription medications, and said it would look at more  acquisitions as the drugstore industry consolidates.
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SunTrust Banks Inc. STI.N, the No. 7  U.S. bank, on Monday said it put two senior finance executives  on paid leave, and expects to restate first- and second-quarter  profit higher as it fixes errors in how it accounts for loan  losses.
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Wachovia Corp. , the No. 4 U.S.  bank, said on Thursday that second-quarter profit rose 14  percent, helped by a sharp increase in fee income.
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Media conglomerate Time Warner Inc.   said on Wednesday that fourth-quarter profit rose more  than 30 percent, boosted by asset sales, more digital cable and  phone customers, and a rise in AOL advertising sales.