After Record Profit, Chief Says Heâll Leave
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The chief of BHP Billiton, the Australian mining company, delivered an early farewell gift: record half-year earnings and a $10 billion stock buyback.
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Retailer Bhs, owned by billionaire tycoon Philip Green, has posted a 5.8 percent profit rise for the year to March despite flat same-store sales and raised its dividend to 200 million pounds for the year.
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After cancer surgery, the chief executive hits meetings, with plans to return to full-time work later this month.
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SunTrust Banks Inc. STI.N, the No. 7  U.S. bank, on Monday said it expects to restate first- and  second-quarter profit higher, changing how it accounts for loan  losses. It also said it put some finance executives on paid  administrative leave.
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Investment manager Hargreaves Lansdown sees profits jump 67% and remains upbeat despite recent market turmoil.
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The retailer reports strong earnings and lifts its outlook.
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Medco Health Solutions Inc. , one of the largest U.S. managers of drug benefits, said on Wednesday that profit rose 29 percent, as higher rates of mail-delivered generic drugs drove better profit margins, and it lifted its full-year earnings forecast.
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UnitedHealth Group Inc. , the second biggest managed health care company, on Thursday said profit rose as its premiums outpaced the soaring cost of medical care.
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Outgoing HP chair looks forward to setting the record straight.
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Business & money: Retail group expects to hit profit forecasts as company boss puts his hopes in store revamps.
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Citigroup Inc. , the largest U.S. bank, said on Friday that second-quarter profit rose, helped by record revenue and expense controls.
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CEO turnover set a record in 2006 and could reach another one this year as investors demand higher returns.
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SunTrust Banks Inc. STI.N 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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UnitedHealth Group Inc. on Thursday said quarterly profit jumped nearly 46 percent as medical costs stabilized, and the No. 2 health insurer also boosted its 2005 forecast.
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The largest U.S. home furnishings retailer posted higher profit, helped by sales of back-to-college merchandise.
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A top executive at General Electric Co   said on Tuesday the world&#39;s industrial economy remains  &quot;pretty good,&quot; orders have risen so far through the third  quarter and he reiterated the company&#39;s profit forecast.
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Lehman Brothers Holdings Inc. LEH.N  Chairman and Chief Executive Richard Fuld received $26.3  million in compensation last year, a 33 percent increase from a  year earlier, as profit rose to a record.