L-3 earnings rise on strong sales growth
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NEW YORK -- Defense electronics contractor L-3 Communications Holding Inc.&#39;s earnings jumped 35 percent in the third quarter on strong sales growth across most of its business lines.
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Profit soared on increased sales volume, a lower tax rate and cost savings.
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EBay&#39;s third-quarter net income nearly doubled and revenue climbed 52 per cent, as the company&#39;s international auction business and a strong back-to-school season counteracted seasonally slow summer months.
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Hilton Hotels Corp. HLT.N posted a  strong rise in third-quarter earnings on Monday as business and  leisure travel increased, filling its big urban hotels.
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Hotel operator Marriott International Inc. said its third-quarter earnings rose 45 percent as growing demand for rooms helped drive revenue up 9 percent.
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The company, which is in the midst of restructuring its business to lift sales, reported strong revenue growth across all divisions.
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Guidant Corp., a maker of cardiac pacemakers and defibrillators, said Thursday that third-quarter earnings, excluding items, rose on slightly higher sales to beat Wall Street expectations.
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Oracle Corp. , the world's third-largest software maker, reported on Tuesday higher quarterly profit as sales of products it acquired over the past year helped boost earnings.
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Lehman Brothers Holdings Inc. LEH.N   on Wednesday said third-quarter earnings rose a   better-than-expected 4 percent, as trading and investment   management revenue jumped.
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Lockheed's third-quarter earnings rose 41 percent behind higher sales of military transport planes and an increase in the company's IT business.
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Third-quarter profit rose 5 percent, helped by sales growth in its U.S. retail market and Canada, the company said.
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Ask Jeeves Inc.  posted a higher third-quarter profit as Web-search advertising continued to fuel revenue growth.
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Retailer Limited Brands Inc. raised its third-quarter profit outlook on Monday after reporting last week a 14 percent increase in sales at stores open at least a year.
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Tiffany & Company reported a 23 percent increase in earnings yesterday on higher sales and it increased its profit forecast for the year because of expected holiday demand.
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Deutsche Bank said that its bottom-line earnings rose strongly in the third quarter, thanks to a partial improvement in underlying business and lower costs and risk provisions.
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Profits at Swedish fashion retailer Hennes &amp; Mauritz rose more than expected in the third quarter as its clothes sold well in the US.
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Net income for the second quarter climbed on solid sales of smaller, fuel-efficient vehicles and cost-cutting efforts.