Error forces Alaska Airlines to reduce 3rd-quarter profit
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Alaska Airlines revised its third-quarter profit down by 7.9 percent because of a clerical error in accounting for a frequent-flier program.
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US Airways Group Inc. (UAIRQ.OB: Quote, Profile, Research) on Thursday reported a wider third-quarter net loss as storms and high fuel prices penalized results.
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TORONTO - Royal Bank of Canada has reported a drop in third-quarter profit --the first year-over-year decline in three years -- because of lower earnings at its US division, increased costs and a higher Canadian dollar.
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Aramark Corp.  on Wednesday  posted lower quarterly profit due to a charge for weakness in  its uniform business and costs for terminating two food-service  contracts.
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The newspaper publisher and television station operator said third-quarter profit fell to $2.5 million as ad revenue slumped.
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Sputtering U.S. economy forces shipper to cut forecast.
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Electronic Data Systems Corp.  EDS.N said on Thursday the US Airways bankruptcy could reduce  its third-quarter earnings by up to 3 cents per share because  of a long-term information technology contract between the  companies.
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The airline posts its first profit in three years.
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Bombardier Inc., the world&#39;s biggest maker of railway equipment, said third-quarter profit plunged 93 percent because of higher costs in the train business and fewer aircraft deliveries.
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PITTSBURGH, Oct. 30  â United States Steel said Tuesday that its third-quarter profit fell 35 percent, hurt by lower prices, shipments and costs related to raw materials and a recent acquisition.
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Alaska Air Group Inc. (ALK.N: Quote, Profile, Research) said on Wednesday it expects $45 million to $55 million in pre-tax costs for severance pay and other benefits for employees laid off during its planned restructuring.
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British Airways has said that third-quarter net profits sank 12.0 percent and revealed it would lose 80 million pounds from a cancelled cabin crew strike earlier this week.
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Alaska Air Group said lower unit operating costs gave a sharp boost to third-quarter profit despite the industrywide impact of soaring fuel prices.
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Symbol Technologies said today that it will delay filing its third-quarter results for two weeks, and it revised results for the first nine months of the year downward by $13.3 million because of errors in how inventory levels were reported.
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Electronic Data Systems Corp.  EDS.N said on Thursday the bankruptcy of US Airways Group  Inc. UAIRQ.OQ could sharply reduce its third-quarter earnings  by up to 3 cents per share, because of a long-term information  technology contract between the companies.
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British Airways said Friday that third-quarter profit fell 14 percent as fuel costs rose and new security requirements cut into revenue.
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British Airways (BA) announced a 40-percent fall in third-quarter profits after being hit by soaring fuel prices.