ATI Technologies 4th-Qtr Profit Doubles as Sales Rise
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ATI Technologies Inc., the world&#39;s No. 2 maker of computer-graphics chips, said fourth-quarter profit more than doubled on surging demand for components used in digital televisions and mobile phones with color screens.
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Top telecommunications service provider AT&T Inc.  on Tuesday said its profit and revenue grew on an adjusted basis, helped by strong growth in its wireless business.
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ATI Technologies, one of the two major GPU makers, has entered the chipset market segment for a boost in its sales revenue from other sources.
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Lucent Technologies Inc. LU.N, among  the world's largest makers of telecommunications equipment, on  Wednesday said its fourth-quarter earnings more than tripled,  helped by improving demand in products for wireless networks  and a growing service business.
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Boeing Co.  said on Wednesday fourth-quarter profit more than doubled, beating Wall Street expectations, as it delivered more commercial aircraft than in the year-earlier quarter and its defense unit posted higher sales.
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The desktop publishing software maker said its fiscal fourth-quarter profit and sales rose to beat Wall Streetâs expectations, fueled by strong sales of Creative Suite 3 and Acrobat.
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Lucent Technologies yesterday posted higher fiscal fourth- quarter earnings, helping lift the telecommunications equipment maker to its first profitable year since 2000.
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Biogen Idec reported Thursday that its fourth-quarter profit nearly doubled on growing sales of treatments for cancer and multiple sclerosis.
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Abbott Laboratories Inc.  on Tuesday said its fourth-quarter profit rose 3.2 percent on higher sales of its prescription drugs, including its popular new treatment for rheumatoid arthritis, Humira.
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Boeing Co.  said on Wednesday fourth-quarter profit more than doubled, as it delivered more commercial aircraft than in the year-earlier quarter.
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Healthy sales of software and technology services helped fourth-quarter profit rise 12 percent at I.B.M., which had already disclosed that the results would be way ahead of analystsâ forecasts.
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The online retailerâs revenue was up 42 percent in its fourth quarter and its profits more than doubled, but its profit margins were lower.
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Fourth-quarter earnings more than doubled, largely as a result of robust commercial airplane and military systems business.
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AT&T Corp., the No. 4 U.S. telephone company, said on Thursday its fourth-quarter earnings increased due to cost-cutting through job cuts and a tax benefit from the writedown of its assets.
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NEW BRUNSWICK, N.J.  -- Health care products maker Johnson & Johnson on Tuesday posted a fourth-quarter profit increase of nearly 10 percent as revenues jumped by double digits despite declines in sales of two key product lines.
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AT&T Corp., the No. 4 U.S. telephone  company, said on Thursday its fourth-quarter earnings increased  as it cut costs by slashing jobs and from a benefit related to  a prior writedown of assets.
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TORONTO (CP) - Graphics chip maker ATI Technologies Inc. is boosting its outlook well above analysts&#39; estimates after a strong fiscal fourth quarter in which profit almost tripled and revenue soared 50 per cent.