Affiliated Managers 3Q Profit Edges Up
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Investment management company Affiliated Managers Group Inc. said Wednesday that third-quarter profit rose 3 percent as expenses and challenges with high-cap funds offset sharp revenue growth.
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The company said third-quarter profit rose more than expected, boosted by higher aircraft deliveries, but it scaled back next yearâs forecast due to delays on its 787 Dreamliner.
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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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Third-quarter net income rose 7.4 percent to $960 million, helped by strong demand in international markets. The company also raised its full-year profit outlook.
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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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The investment firm reported strong third-quarter earnings.
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The health insurer Aetna posted a better-than-expected third-quarter profit yesterday as membership increased, and it projected that next yearâs earnings would grow faster than Wall Street expected.
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3M Co , whose products range  from Scotch tape to optical films for liquid crystal displays,  on Friday posted a stronger-than-expected quarterly profit,  helped by strong demand in international markets.
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A quarterly profit of $3.2 billion was driven by increased trading volume and merger activity.
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Marriott International Inc. MAR.N,  the largest U.S. hotel operator, on Thursday said third-quarter  profit rose 45 percent as business travel continued to perk up  after three years of stagnation.
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Health insurer posted a rise in quarterly net profit as  increased membership boosted revenue.
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Third-quarter profit rose 15 percent to $1.28 billion as premium and fee growth in its Medicaid business helped offset lower enrollment in employer-sponsored programs.
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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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The company reports improving fundamentals and posts a 79% increase in Q3 earnings.
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Profits rise at No. 1 insurer but miss forecasts; sees no big financial effect from Spitzer probe. NEW YORK  - American International Group said Thursday its third-quarter earnings rose despite losses
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Xerox Corp. on Thursday said  third-quarter profit rose as it cut costs and sales of its  copiers and printers improved.
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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.