Pixar Posts Higher Third-Quarter Earnings
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Pixar Animation Studios Inc on Thursday reported that its third-quarter profit rose, driven by foreign video sales of last year's hit "Finding Nemo."
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The digital video company produced strong profits in the third quarter.
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The open-source software provider said that its third quarter profit rose as a surge in subscriptions helped offset increased spending on marketing and research.
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3M Co.  on Monday said third-quarter earnings rose 17 percent due in part to the weak dollar, but the diversified manufacturer's results came in below Wall Street's estimates for the first time in at least seven quarters.
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Google continues to grow revenue at a healthy clip, reporting an increase of almost 60 percent in the third quarter compared to the same period last year.Third-quarter revenue for the search giant reached $4.23 billion, up 57 percent over the same quarter last year.Net income for the quarter that ended Sept. 30 was $1.07 billion using generally accepted accounting principles (GAAP), compared to $733 million in the same quarter last year. On a non-GAAP basis, net income reached $1.24 billion in the third quarterEarnings per share on a non-GAAP basis were $3.91, beating analysts consensus as polled by First Call, which was $3.78.Google&#39;s core search advertising business, as well as expansion of services into international markets, drove growth, Google said. Revenue from outside of the United States was $2.03 billion, representing 48 percent of revenue in the quarter. That compares with 44 percent of revenue coming from international markets in the same quarter last year.
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Shares of Pixar Animation Studios Inc. hit an all-time high in early trading on Monday on the back of a second, strong box-office weekend for the &quot;Incredibles.
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The companyâs third-quarter profit beat expectations, lifted by an extra week of holiday shopping and sales of video game consoles and GPS devices.
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Imax Corp.  returned to profit in the third-quarter as demand grew for its big-screen movie systems, the company said on Thursday.
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Eli Lilly and Co. LLY.N on Thursday  said its third-quarter earnings rose as growing demand for its  medicines offset higher spending to market recently approved  treatments.
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Pixar Animation Studios Inc.'s stock  rose to an all-time high on Friday, lifted by expectations for  the success for its latest computer-animated film, "The  Incredibles."
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SAN FRANCISCO (CBS.MW) -- Shares of Pixar Animation Studios Inc. jumped late Thursday after the company reported a 70 percent rise in third-quarter earnings, boosted by strong sales of its library titles.
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Fourth-quarter earnings surged on higher revenue as the photo film manufacturer staked out a bigger position in digital photography.
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Get lost, Nemo. Pixar Animation's new film "The Incredibles" topped weekend box office charts with &#36;70.7 million in domestic ticket sales to break records for Pixar partner Disney and beat their previous smash hit "Finding Nemo."
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Pixar Animation Studios Inc.  PIXR.O on Thursday reported that third-quarter profit rose 70  percent in the quarter before the release of its new hit, "The  Incredibles."
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Propelled by another potent performance from its defense unit, Boeing announced third-quarter results yesterday that surpassed investors&#39; expectations as profits climbed 78 percent from a year ago.
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McDonald&#39;s third-quarter earnings rose a higher-than-expected 42 percent, the world&#39;s largest restaurant chain says, citing strong sales in the United States and a lower tax rate.
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Credit Suisse First Boston maintained an &quot;outperform&quot; rating for Pixar Animation Studios (nasdaq: PIXR - news - people ) after the animated film company reported robust earnings for the third quarter.