UAL posts operating profit for July
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CHICAGO - United Airlines parent UAL Corp. said Thursday it posted a profit from operations of $51 million in July in a report required by its bankrupt status.
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United Parcel Service Inc.  on Tuesday posted a higher profit citing growth in its global business, supply chain and freight units, plus modest growth in its U.S package business despite a "sluggish" economy.
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NEW YORK - Bankrupt UAL parent of United Airlines, on Thursday reported a narrower third-quarter net loss even though fuel costs rose more than 56 per cent for the world&#39;s second largest airline.
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The airline posts its first profit in three years.
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UnitedHealth Group Inc. , the second biggest managed health care company, on Thursday said profit rose as its premiums outpaced the soaring cost of medical care.
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British Airways reported Friday a 22.4-percent increase in net profit over the first nine months of its financial year to 623 million pounds (1.2 billion dollars, 830 million euros).
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Gucci, the world's third largest luxury group, reported that operating profit in the second quarter to July surged by 142.9 percent to 65 million euros (79.82 million dollars) from 26.8 million euros in the same period of last year.
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Manchester United have today announced a pre-tax profit of Â£27.9m (â¬41.1m) for the financial year ended July 31, 2004. The figure represents a fall of Â£11.
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General Motors Corp.  said on  Wednesday it swung to a profit in the fourth quarter as it cut  costs and saw gains in its core auto operations.
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UAL Corp. posted a third-quarter net loss of $274 million, joining the long list of air carriers felled by high fuel prices and depressed fares in what is usually the sector&#39;s strongest period.
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United Airlines, the bankrupt carrier, yesterday made its first progress in efforts to achieve a second round of labour cost cuts when it said it had reached a tentative agreement
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Diversified manufacturer United  Technologies Corp. UTX.N posted a 13 percent rise in  quarterly profit on Wednesday and lifted the low end of its  full-year earnings forecast range, helped by strong demand for  Otis elevators and aerospace equipment.
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United Airlines parent UAL Corp. reported a $53 million loss for the fourth quarter Tuesday on a sharp rise in the price of fuel and bad weather that forced a raft of holiday flight cancellations.
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Diversified manufacturer United Technologies Corp.  posted a rise in quarterly profit, helped by strong infrastructure demand and a recovery in its aerospace business, the company said on Wednesday.
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United Parcel Service Inc.  on  Tuesday posted a higher profit citing growth in its global  business, supply chain and freight units, plus modest growth in  its U.S package business despite a "sluggish" economy.
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Manufacturing output has climbed by 0.2 percent in July compared with the previous month.
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United Airlines parent UAL Corp. will  need about $500 million more in annual cost cuts above the $655  million in the works now as well as pension cost savings to  emerge from bankruptcy, the carrier said on Friday.