TXU Profit Up 33%; Dynegy Posts Loss
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The Dallas-based utility TXU Corporation reported a 33 percent increase in profit on Tuesday, but another Texas utility, Dynegy, swung to a loss of $58 million.
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Texas power company TXU Corp. , which has agreed to the largest leveraged buyout in history, reported higher fourth-quarter earnings on Tuesday, helped by improved margins and lower operating costs.
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Business software maker Novell Inc.  posted a preliminary quarterly profit on Tuesday, bouncing back from a year-earlier loss when it took a $38 million restructuring charge.
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Diversified manufacturer Textron Inc.  TXT.N on Thursday posted a higher quarterly profit and lifted  its full-year earnings estimate on a strong performance by its  Cessna business jet division, sending its shares up nearly 5  percent.
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Electricity wholesaler Dynegy Inc. (DYN.N: Quote, Profile, Research) on Wednesday slashed its 2004 profit forecast and said it expects a loss next year due to costs
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TJX Cos Inc  said on Tuesday that quarterly net profit rose, as it managed its inventories and drove shopper traffic with better marketing and merchandising initiatives.
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DALLAS (CBS.MW) - Shares of TXU surged as much as 15 percent Monday after announcing it more than tripled its dividend payout from the prior quarter, increased its 2004 and 2005 earnings forecasts, and set a 50 million stock repurchase program.
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Sprint Nextel Corp., the nation's third largest wireless carrier, said Wednesday that fourth-quarter profits rose 33 percent on stronger revenue, but the company continued to lose high-quality subscribers.
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Texas power producer TXU Corp. TXU.N  posted a quarterly loss, weighed down by restructuring charges  on Wednesday, but forecast growth in 2005 and 2006, propelling  its share price to an all-time high.
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Raytheon Co.  said on Thursday fourth-quarter profit rose 32 percent, meeting Wall Street's estimates, on strong sales of its air-to-air missiles and electronic battle systems.
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The company posted quarterly net profit of $904 million and revenue of $6.22 billion, up 29 percent from a year earlier.
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Ford Motor Co. (FN: Quote, Profile, Research) reported a stronger-than-expected quarterly profit on Tuesday, but losses widened in its core automotive business
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ChevronTexaco Corp.&#39;s third-quarter profit improved by 62 percent as the oil giant continued to cash in on record-high oil prices.
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TXU Corp. (TXU.N: Quote, Profile, Research) on Monday raised by 350 percent the dividend it slashed two years ago, boosted its earnings forecast and increased its
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Raytheon Co. reported a third-quarter  net profit on Thursday after a loss in the year-ago quarter.
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Anheuser-Busch Cos Inc  said on Thursday that quarterly profit rose, as the brewer sold more beer despite the slowing economy.
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The oil company said net income rose to $4.37 billion as record oil prices outweighed lower profits from gasoline production.