Marriott&#39;s 3rd-quarter profits surge
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Marriott International, the largest US hotel operator, Thursday said third-quarter profit rose 45% as room rates grew faster than occupancy for the first time in three years.
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US software giant Oracle posted higher profits for the past three months, boosted by new business products gained from acquisitions.
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Marriott International Inc. , the largest U.S. hotel operator, on Tuesday reported higher fourth-quarter profit as a recovering travel industry drove up room rates and occupancy.
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Host Marriott Corp. on Wednesday said its third-quarter results improved as occupancy and room rates increased to drive revenue. The lodging real estate investment trust reported quarterly funds from operations
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Revenue rises impressively in the eatery's third quarter.
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Pacific Sunwear of California Inc. on Monday reported third-quarter profit rose 30 percent as sales increased at its PacSun and demo apparel chains.
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The largest U.S. hotel operator on Tuesday said  fourth-quarter profit rose as a recovering travel industry  drove room rates and occupancy higher.
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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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Robust demand for cheaper phones lifted third-quarter earnings and the better than expected results sent the companyâs shares sharply higher.
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Marriott International Inc. , the top U.S. hotel operator, on Thursday reported an increase in second-quarter profit on higher room rates and robust travel demand.
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NEW YORK  - Marriott International Inc. ,the largest U.S. hotel operator, on Tuesday reported higherfourth-quarter profit as a recovering travel industry drove uproom rates and occupancy.
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The open-source software provider said that its third quarter profit rose as a surge in subscriptions helped offset increased spending on marketing and research.
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NEW YORK -- Investment banking firm Morgan Stanley said yesterday that its third-quarter profit surged on stronger investment banking and trading business, surpassing analysts' expectations.
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Investors applaud stronger third-quarter earnings from the bottler.
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At the beginning of 2007, Marriott International was dazzling Wall Street, with the firm's shares hitting all-time highs in February after beating analysts' expectations -- yet again -- for quarterly earnings.
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Marriott International said its second-quarter profits rose a better-than-expected 11 percent, but shares were down on concerns about slowing growth.
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Anheuser-Busch Cos. said Wednesday that third-quarter profit rose 3 percent, helped by higher international sales and its acquisition of Harbin Brewer Group.