Imclone Posts 3Q Profit on Erbitux Sales
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Biopharmaceutical company ImClone Systems Inc. said Thursday that it swung to a profit in the third-quarter from a year-ago loss due to sales of colorectal cancer drug Erbitux.
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Motorola Inc  on Thursday posted a small third quarter profit from continuing operations and forecast another profit for the current quarter even as revenue fell from a year ago.
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The electronics retailer said it swung to a third-quarter profit, overcoming lower revenue by cutting costs and selling more high-margin items.
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French bank Societe Generale SA on Tuesday posted a 10.3 percent increase in third-quarter net profit, boosted by higher revenues from international retail banking and a better-than-expected result at its corporate investment banking operations.
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Third-quarter profit, helped by sales of jet fighters and electronic warfare systems, beat Wall Street expectations, but the companyâs forecast for next year was slightly below analystsâ estimates.
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The shipping carrier reported third-quarter profit of $1.08 billion, a 3.7 percent increase from the same period a year ago, on a modest rise in sales.
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Troubled airline Swiss International makes a profit in its third quarter, the first since its creation two years ago.
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International Business Machines  Corp. IBM.N on Tuesday posted a quarterly net profit that  beat Wall Street's recently raised profit target as solid  year-end product sales were buoyed by a weaker U.S. dollar.
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I.B.M. reported a small gain in third-quarter profits, as increasing revenues in emerging markets such as Russia and China helped offset expenses from a pension lawsuit.
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France Telecom reported third quarter operational earnings of 4.86 billion euros (6.2 billion dollars), up 3.9 percent from the same period last year.
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Software maker Siebel Systems Inc. on Wednesday said its third-quarter results swung to a profit on improved licensing revenue. The company reported earnings of $19.
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Diversified manufacturer 3M Co.   on Tuesday posted a higher quarterly profit despite weak demand  for optical film used in flat-screen monitors and TVs.
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The shipping carrier reported third-quarter profit of $1.08 billion, a 3.7 percent increase from the same period  a year ago, on a modest rise in sales.
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Computer giant International Business Machines Corp. on Monday posted a slight rise in third-quarter profit and topped Wall Street expectations, helped by strong demand for services and computer hardware across all of its geographic regions.
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The 3M Company said on Wednesday that it expected double-digit sales and earnings growth in 2008 and forecast profit slightly above the average Wall Street estimate.
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Net profit dropped at the consumer products maker to 721 million euros ($1.04 billion) in the last three months of 2007, from 2.03 billion euros a year earlier.
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Motorola Inc  on Thursday  posted a small third quarter profit from continuing operations  and forecast another profit for the current quarter even as  revenue fell from a year ago.