Borders 2Q Profits Soar 89 Percent
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Borders Group Inc.&#39;s second-quarter profits rose 89 percent on stronger-than-anticipated book sales and topped Wall Street&#39;s estimates. The company also increased its full-year earnings outlook.
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E-commerce outsourcer posts record profits and earnings.
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Borders Group Inc. BGP.N, the No. 2  U.S. bookseller, on Tuesday said quarterly earnings rose,  beating estimates by the company and Wall Street, as a looming  presidential election whetted appetites for political books and  led to higher-than-expected sales.
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Drug maker Baxter International Inc. on Thursday said second quarter profit grew 39 percent, helped by sales of its treatment for hemophilia and lower interest and income tax expense.
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Borders Group Inc. (BGP.N), the No. 2 U.S. bookseller, on Tuesday said quarterly earnings rose, beating estimates by the company and Wall Street, largely because of stronger-than-expected book sales.
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Borders Group Inc. (BGP.N: Quote, Profile, Research) , the No. 2 US bookseller, on Tuesday said quarterly earnings rose, beating estimates by the company and Wall Street, largely because of stronger-than-expected book sales.
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FedEx Corp. said Thursday that second-quarter earnings more than tripled year-over-year, due to strong results in the company&#39;s express, ground and freight businesses.
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No 2. U.S. book retailer Borders  Group Inc. BGP.N on Tuesday posted a quarterly loss versus a  year-ago profit, hurt by sluggish store traffic and a slowdown  in sales of bestsellers.
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The company posted a second-quarter profit of $182 million, helped by strong international beverage and bakery sales.
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FedEx Corp. FDX.N, the world's top  air-express shipper, on Wednesday said quarterly earnings more  than doubled on strong growth in its international, ground and  freight services.
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Net income for the second quarter climbed on solid sales of smaller, fuel-efficient vehicles and cost-cutting efforts.
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Spain&#39;s second-largest bank, Banco Bilbao Vizcaya Argentaria, said Monday its nine-month net profit rose 18.4 percent on strong income from Spain and Mexico.
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No 2. US book retailer Borders Group Inc. (BGP.N: Quote, Profile, Research) on Tuesday posted a quarterly loss versus a year-ago profit, hurt by sluggish store traffic and a slowdown in sales of bestsellers.
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Agilysys Inc., a supplier of electronic components and computer systems, said Tuesday that it swung to a profit in the fiscal second quarter as acquisitions contributed to strong sales growth.
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Strong summer traffic on its trans-Atlantic flights helped boost Continental Airlinesâ profit by 15 percent in the second quarter.
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Double-digit revenue growth is the highlight of a good quarter.
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Continental Airlines  posted a better-than-expected 15 percent increase in quarterly earnings on Thursday on strong demand for trans-Atlantic and other international flights.