Family Dollar 3rd-qtr profit up; raises forecast
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Family Dollar Stores  on  Thursday posted a 6 percent rise in quarterly profit on strong  Easter holiday and spring season sales, and said full-year  earnings may beat Wall Street forecasts.
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The dollar climbed across the board on  Thursday after data showed the third-quarter U.S. current  account deficit was narrower than many had feared, fueling a  relief rally for the beleaguered U.S. currency.
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3M Co. MMM.N on Monday said  third-quarter earnings rose 17 percent due in part to the weak  dollar, but the diversified manufacturer's results came in  below Wall Street's estimates for the first time in at least  seven quarters.
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CHICAGO - McDonald's Corp. said Wednesday its third-quarter profits will come in well above Wall Street estimates, reflecting a sales resurgence in its U.S...
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Investment bank Bear Stearns & Co.  Inc.  on Thursday said third-quarter net income rose,  helped by strong sales and trading results.
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The dollar gained broadly on Friday  for the third straight session, as strong U.S. economic data  gave traders additional reasons to take profits in other  currencies before the year's end.
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Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. said fiscal third-quarter earnings rose more than expected, led by gains in bond and commodities trading and higher fees from mergers and acquisitions advice.
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THE dollar opened stronger today as some commodity-based trading helped pushed the domestic unit higher. At 7am AEST the local unit was trading at $US0.
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DUBLIN, Ohio - Wendy&#39;s International Inc. on Thursday said earnings for the third quarter were up more than 4 percent, partly because of increased sales at its Wendy&#39;s and Tim Hortons restaurants.
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The dollar inched up on Wednesday,  extending large gains made in the previous session when the  Federal Reserve surprised markets by making clear it was  worried about inflation and suggested it would keep lifting  U.S. rates.
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U.S. stock futures rose on Wednesday on optimism the government will raise its estimate of third-quarter economic growth, a move that would suggest stronger momentum for corporate profits.
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3M Co.  on Monday said third-quarter earnings rose 17 percent due in part to the weak dollar, but the diversified manufacturer's results came in below Wall Street's estimates for the first time in at least seven quarters.
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Service engine maker Cummins Inc. on Wednesday said that third-quarter profits more than quadrupled - beating both its own guidance and Wall Street estimates - and full-year earnings would also exceed previous expectations.
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ADC Telecommunications Inc.  posted a sharp increase in quarterly profit on Wednesday, beating expectations, and gave a forecast that topped current estimates, sending shares 3 percent higher.
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The dollar extended gains against the euro on Wednesday amid heightened prospects that the U.S. Federal Reserve would continue to raise interest rates due to its outlook for higher inflation.
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The 3M Company said on Wednesday that it expected double-digit sales and earnings growth in 2008 and forecast profit slightly above the average Wall Street estimate.
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The dollar rose to a three-month high  against the sterling Monday after U.S. economic data eased  concerns that surging oil prices threatened growth,  underpinning expectations of more rises in U.S. interest rates.