P&amp;G Posts Higher Profit, Affirms Outlook
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Procter &amp; Gamble Co. (PG.N: Quote, Profile, Research) on Wednesday said quarterly profit rose 14 percent, boosted by demand for products like Head &amp; Shoulders shampoo and
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Procter &amp; Gamble Co. (PG.N: Quote, Profile, Research) on Wednesday said quarterly profit jumped 14 percent, boosted by strong sales and a gain from the recent divestiture of its juice business.
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The company said quarterly profit would be higher than analystsâ estimates and it raised its full-year outlook as exchange rates and price and volume increases offset high commodity costs.
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Washington Post Co. WPO.N said on  Friday that quarterly profit jumped, beating analysts'  forecasts, boosted by results at its Kaplan education unit and  television broadcasting operations.
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Investors welcomed an upbeat profit report from Wal-Mart as a sign that consumers might not be as afraid of spending as the market has feared.
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Retailer Office Depot Inc. ODP.N  on Thursday posted a higher quarterly profit, thanks to  improved sales and profitability at its North America business,  beating analysts' expectations and sending shares higher.
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General Electric Co  posted a 4 percent rise in net profit on Friday, matching Wall Street expectations, with strong demand for heavy equipment from outside the United States offsetting the effects of a slowing domestic economy.
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P&G said second-quarter earnings rose 14 percent as strong sales growth and cost-cutting measures more than offset higher commodity costs.
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General Electric Co  on Friday  posted a profit that met expectations on strong demand for  heavy equipment such as jet engines and electricity-producing  turbines.
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General Electric Co. (GE.N: Quote, Profile, Research) on Friday said third-quarter earnings rose as profit gains across many of its financial and industrial businesses outweighed hurricane-related costs.
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The companyâs strong quarterly results and optimistic outlook suggest that a weakening economy will not slow it down.
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Procter & Gamble Co. PG.N on  Wednesday said quarterly profit jumped 14 percent, boosted by  strong sales and a gain from the recent divestiture of its  juice business.
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By George Chamberlin , Daily Transcript Financial Correspondent. Stocks moved higher late in the session on Thursday after Procter &amp; Gamble (NYSE: PG) released a positive forecast for sales and profits.
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British computer and video games  retailer Game Group Plc  said it expected its full-year  profit to be ahead of an average market forecast after  continued strong sales in the run-up to Christmas, boosting its  shares.
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Goldman Sachs Group Inc. (GS.N: Quote, Profile, Research) on Thursday said fourth-quarter profit rose 23 percent as its fixed-income, currency and commodities business soared while
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Procter & Gamble, the consumer products company, said quarterly profit jumped 14 percent, boosted by strong sales and a gain from the sale of its juice business.
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Johnson &amp; Johnson  on Tuesday  said its second-quarter profit rose on higher sales of its  medical devices and prescription medicines.