Libbey posts surprise Q4 profit
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- Glassware maker Libbey Inc  posted a surprise fourth-quarter profit, driven by higher sales, lower expenses and a litigation settlement, and forecast first-quarter sales above Wall Street's view, sending its shares up more than 16 percent.
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Shares jumped nearly 4 percent after the low-cost carrier reported its first third-quarter profit in two years on higher occupancy rates and capacity.
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Goldman Sachs reported strong fourth quarter and full year earnings of $1.19bn, up 36 per cent on the previous quarter. Full year profit rose 52 per cent from the previous year to $4.55bn.
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The worldâs biggest maker of corporate storage gear said fourth-quarter profit rose to $525.7 million, from $388.8 million a year earlier, on strong revenue growth across a broad range of products.
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The company said it earned $52 million in the fourth quarter on strong U.S. and international sales. Its shares climbed more than 7 percent in morning trading.
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Citing strong economic conditions, the manufacturer posted fourth-quarter earnings of $689 million, up from $585 million a year earlier.
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The US plane maker announces an 84% drop in quarterly profits but beats market expectations.
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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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French conglomerate Bouygues reported a 47-percent surge in net profit in the first half of the year owing to strong performances across nearly all of its diversified businesses.
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Railroad company Burlington Northern Santa Fe Corp  posted better-than-expected quarterly profit on Tuesday, as strong pricing offset lower freight volumes, sending its shares up 4 percent.
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Goldman Sachs and Lehman Brothers yesterday posted higher-than-expected quarterly profits, fuelled by surprising strength in bond trading and investment banking growth.
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NEW YORK -- Recording company Warner Music Group Corp. said Friday it swung to a profit in the fourth-quarter, bolstered by a hefty settlement benefit, but its results fell short of Wall Street's expectations.
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Hasbro Inc  posted a better-than-expected quarterly profit on Monday, boosted by strong demand for its Transformers, Nerf and Furreal Friends product lines, helping to send its shares up as much as 4 percent.
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Lehman Brothers reports fourth-quarter and fiscal-year earnings.
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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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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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Number two global home appliance maker Electrolux  posted a surprise rise in fourth-quarter profit on Wednesday as European demand offset a U.S. slowdown, pushing its shares up by nearly a fifth.