Pixar Grosses &#36;22.4M in 3Q Net Income
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Pixar Animation Studios reported higher third quarter earnings Thursday on home video sales of its five animated films, most notably last year's hit "Finding Nemo."
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Apple reported revenue for the quarter of $2.35 billion, up 37% from the $1.72 billion recorded during last year's fourth quarter.
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Software maker Adobe reported a strong financial finish to its 2007 fiscal year with revenue up 23 percent for the year and 34 percent for the fourth quarter on sales of its CS3 (Creative Suite 3) and Acrobat software, the company said Monday.For its fourth quarter ended Nov. 30, Adobe reported record revenue for a three-month period of $911.2 million, compared with $682.2 million for the same time period last year. Revenue beat estimates from analysts polled by Thomson First Call, who were expecting the company to bring in $837 million in the quarter.For the fiscal year ended at the same time, Adobe reported revenue of $3.16 billion, also a record for the company, compared with $2.58 billion last year. Adobe&#39;s net income for the quarter was $222.2 million, a 21 percent increase over the $183.2 million reported in the fourth quarter of fiscal 2006. For the year, net income was up 43 percent at $723.8 million, compared with $505.8 million in fiscal 2006.Diluted EPS (earnings per share) for the fourth quarter of fiscal 2007 were $0.38, slightly above the company&#39;s own range of $0.35 to $0.37, and a 27 percent increase over diluted EPS of $0.30 for the same period last year. Diluted EPS for the year was $1.21, a 46 percent increase over EPS of $0.83 in 2006.A strong end to fiscal 2007 is fitting for what turned out to be a banner year for the publishing and design software vendor. The company released CS3, a combination of its own graphics creation products and Web design and multimedia tools that&#160;it acquired from Macromedia. It is the first real blend of the two companies&#39; complementary technologies in one suite.CS3 so far has been well-received by the creative Web and production design community that has been loyal to both Adobe and the former Macromedia for years, making Adobe the leader among those customers. However, this position also inspired more competition in 2007, most notably from software giant Microsoft, which came out with its Expression suite to rival CS3, as well as new cross-browser software called Silverlight to compete with Adobe&#39;s ubiquitous Flash multimedia technology.2007 also saw&#160;longtime Adobe CEO Bruce Chizen step down at the end of the fiscal year. He made the move as part of a planned transition and so he could pursue other career endeavors. Shantanu Narayen, former president and COO, is now chairman and CEO of the company.Adobe also provided on Monday estimates for its first quarter of fiscal 2008, which ends in February. The company expects revenue between $855 million and $885 million and EPS between $0.34 and $0.36 for the quarter. For fiscal 2008, the company reiterated its target annual revenue growth rate of about 13 percent, which it previously announced.
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Humana Inc. reported third-quarter net income of $84.3 million, or 52 cents per share, up from $62.1 million, or 38 cents per share, a year earlier.
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The rodent cartoon &quot;Ratatouille&quot;  raced to the top at the North American box office on Sunday but  its weekend haul of $47.2 million was the lowest opening for a  Pixar-produced release in nine years, according to estimates  issued by distributor Walt Disney Co.
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Internet security company Check Point Software Technologies Ltd. said Monday that third-quarter net income rose to &#36;66.8 million, or 26 cents a share, from &#36;58.4 million, or 23 cents a share a year earlier, paced by a 25 percent increase in licensing revenue.
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Shares of Pixar Animation Studios Inc hit an all-time high on Monday after a second strong weekend at the box-office for "The Incredibles," which analysts said will give Pixar more clout in its search for a new distributor of its computer-animated films.
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Pixar Animation Studios Inc on  Thursday reported that its third-quarter profit rose, driven by  foreign video sales of last year's hit "Finding Nemo."
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The electronic products maker said Thursday that its net income in the third quarter rose 25 percent to 200.2 billion yen ($1.9 billion).
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The Redmond, Wash.-based company said it earned $2.9 billion, or 27 cents per share, on revenue of $9.19 billion for the three months ended Sept.
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AT&amp;T&#160;reported net income of $3.1 billion for the third quarter of 2007, up from $2.2 billion a year earlier, largely due to its&#160;acquisition of BellSouth.
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Profit at The Washington Post Co. was $82.5 million in the fiscal third quarter ($8.57 per share) compared with $19.9 million ($2.
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Memory designer Rambus reported a rise in net income to $10.4 million, or 10 cents a share, on revenue of $38.8 million in the third quarter.
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Animated film The Incredibles beats Disney/Pixar's previous US box office record for Finding Nemo.
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(10/22/04)âChiron Corp. Wednesday reported net income of US$23.5 million, or $0.12 for the third quarter, compared with a loss of $19 million, or $0.
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Pixar's latest looks good but it's undercooked.
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The Publicis Groupe, the advertising company, said fourth-quarter revenue rose 4.8 percent helped by growth in Europe and gains in North America. Revenue increased to 1.25 billion euros ($1.62 billion), Publicis said. Publicis had $500 million of net new business in the fourth quarter as it won business from Renault, Walt Disney and the Marriott Group, among others. Revenue in Europe was 530 million euros in the fourth quarter, a gain of 5.5 percent, excluding acquisitions and currency swings.