Thomson 3Q Profit Rises on Higher Revenue
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Research company Thomson Corp. said Tuesday that third-quarter profit rose 12 percent on higher revenue helped by core products, recent acquisitions and exchange rates.
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The results surpassed Wall Street's expectations in both sales and profit, with fourth-quarter earnings reaching $3 billion for the first time in the company's history.
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General Electric Co.âs third-quarter earnings rose 11 percent,and revenue jumped 15 percent as a rebounding economy and acquisitions drove a sharp increase in orders, the company said Friday.
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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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The online retailer announced Tuesday that its second-quarter net income increased more than threefold, with revenue up 35 percent.
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Quarterly profit beat expectations on strong growth in its international, ground and freight segments.
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McDonaldâs Corp. third-quarter earnings rose a higher-than-expected 42 percent on a preliminary basis, the worldâs largest restaurant chain said on Wednesday, citing strong sales in the United States and a lower tax rate.
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Media giant Reuters on Thursday posted rising third-quarter revenues, as it shrugged off recent global markets turmoil ahead of its agreed takeover by Canadian rival Thomson Corp.
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Insurer Coventry Health Care Inc  said on Friday that third-quarter profit increased as premiums rose.
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3M Co , whose products range from Scotch tape to optical films for liquid crystal displays, on Friday posted a higher quarterly profit, helped by strong demand in international markets.
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Nasdaq Stock Market Inc.  said on Tuesday that quarterly earnings more than tripled, helped by strong trade revenue.
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Department store operator Nordstrom Inc. on Tuesday said third-quarter profit jumped on higher sales, inventory changes and lower expenses, leading it above Wall Street estimates.
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Service engine maker Cummins Inc. on Wednesday said that third-quarter profits more than quadrupled - beating both its own guidance and Wall Street estimates - and full-year earnings would also exceed previous expectations.
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Consumer electronics retailer Best Buy Co  posted a higher-than-expected third-quarter profit on Tuesday on strong sales and raised its full-year earnings forecast.
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Lehman Brothers Holdings Inc. LEH.N   said on Wednesday that third-quarter earnings rose more than   analysts expected, as trading and investment management revenue   jumped.
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Motorcycle manufacturer Harley-Davidson Inc. said Wednesday that third-quarter earnings rose on higher sales to beat Wall Street expectations.
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Aetna Inc  posted a better-than-expected third-quarter profit on Thursday as membership increased, and the health insurer projected next year's earnings would grow faster than Wall Street expected.