Earnings Are Up 13% at Omnicom
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The advertising services company reported a 13 percent rise in quarterly profit, but the company also issued cautious comments about the economy.
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Omnicom Group  on Tuesday reported a higher quarterly profit as the world's largest advertising group added several high-profile accounts to its roster and benefited from higher global ad spending.
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PHILADELPHIA  â The Cigna Corporation, a health insurer, said on Wednesday that fourth-quarter profit rose 13 percent as growth in its overseas business and in its group disability and life operations helped to offset a slight decline in health care earnings.
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The company said it earned $52 million in the fourth quarter on strong U.S. and international sales. Its shares climbed more than 7 percent in morning trading.
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Earnings for Nashville-based Renal Care Group Inc. were up 15 percent in the third quarter and 21 percent through the first nine months of this year.
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McDonald's Corp.  third-quarter earnings rose a higher-than-expected 42 percent on a preliminary basis, the world's largest restaurant chain said on Wednesday, citing strong sales in the United States and a lower tax rate.
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Omnicom Group OMC.N on Tuesday  reported a higher quarterly profit as the world's largest  advertising group added several high-profile accounts to its  roster and benefited from higher global ad spending.
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Quarterly earnings rose to $58 million, or 18 cents per share, from $48 million, or 16 cents per share, last year. Excluding results from casinos scheduled to be sold, a write-down of the book value of Caesars
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Semiconductor Manufacturing International Corp. (SMIC) reported its profits to be promising for the rest of the year. The company said it noticed a $42.
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The condiment maker offers tasty earnings numbers.
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Shares of FileNet Corp. FILE.O  soared 13 percent before the bell on Wednesday after the maker  of content-management software posted a sharply higher  quarterly profit.
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LOUISVILLE, Ky. Fast-food giant Yum Brandsreported a 13 percent gain in third-quarter earnings today. The company says surging international sales and a turnaround at its KFC chicken restaurants were responsible.
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Network Appliance posted positive results for its first quarter of 2005 on Wednesday, reporting a 38 percent increase in revenue compared to the same quarter last year, and said it intends to continue hiring 200 new people a quarter.
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British American Tobacco has announced a 13.5 per cent rise in profits despite the impact of strong competition and tough regulation amid growing concerns over the tobacco industry.
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Omnicom Group Inc. , the world's largest advertising services company, said on Tuesday fourth-quarter profit rose nearly 10 percent as it reaped the benefits of investments overseas, including China.
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General Electric today reported third-quarter earnings of $4.051 billion, an increase of 1 percent from the same quarter last year.
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The San Francisco-based company said that it earned $267 million during its fiscal fourth quarter, which ended Nov. 25, up from $96 million at the same time in 2006.