MasterCard quarterly profit beats Street view
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MasterCard Inc. , the credit card company that went public in May, reported a better-than-expected fourth-quarter profit on Friday, reversing a year-ago loss and sending its shares to a record high.
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The profit is a record for Lehman Brothers and potentially augurs a good week for Wall Street earning reports.
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Investment bank Lehman Brothers  Holdings Inc.  on Tuesday said its second-quarter profit  rose 27 percent as surging bond underwriting and stock trading  revenue more than made up for bond trading results hurt by U.S.  mortgage weakness.
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Goldman Sachs Group Inc.   reported higher quarterly profit on Thursday, beating  estimates, on record investment banking fees and strong stock  trading.
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- American Greetings Corp.  said its quarterly profit almost doubled exceeding Wall Street expectations, helped by higher sales of greeting cards in North America.
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Walgreen Co , one of the largest U.S. drugstore operators, posted higher quarterly profit on Friday, helped by higher sales and cost controls.
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Ryder System Inc. R.N on Friday  reported quarterly profit jumped 59 percent, beating Wall  Street forecasts, on strong demand for commercial truck  rentals.
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The food maker General Mills reported a slightly higher profit in its latest quarter on Wednesday, as stronger sales offset rising costs for ingredients and price increases did not faze consumers.
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Goldman Sachs and Lehman Brothers yesterday posted higher-than-expected quarterly profits, fuelled by surprising strength in bond trading and investment banking growth.
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BlackRock Inc. posted a 90 percent jump in fourth-quarter profit on Thursday, handily beating estimates, as it benefited from the credit market turmoil and acquisitions.
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Ford Motor Co.  on Tuesday reported a higher-than-expected quarterly profit on strength in its finance arm.
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Quarterly profit soared thanks to new products, increased marketing and improvement in international business, the company said.
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Check Point Software Technologies Inc. (CHKP.O: Quote, Profile, Research) reported a rise in third-quarter net profit that beat Wall Street estimates on strong
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Omnicom Group OMC.N on Tuesday  reported a quarterly profit that outpaced Wall Street  expectations as the No. 1 advertising group added high-profile  accounts and benefited from increased global ad spending.
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American Express Co. AXP.N said on  Monday fourth-quarter profit rose 17 percent, driven by strong  holiday and travel-related sales and gains in its asset  management business.
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MasterCard Inc. , the credit  card company that went public in May, reported a fourth-quarter  profit on Friday, reversing a year-ago loss.
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Lehman Brothers Holdings Inc. ,  said on Tuesday that quarterly profit rose 27 percent, beating  expectations, on surging revenue from bond underwriting and  stock trading.