Hilton sees profit growth through 2009
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Hilton Hotels Corp.  said on Wednesday it expects recurring earnings per share to increase 16 percent to 22 percent annually through 2009 as it adds about 120,000 rooms globally over the next three years.
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llied Domecq PLC, the big liquor maker, said yesterday that it expected to report increased profit for its fiscal year as a result of growth in Britain and the United States.
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â¢ Colorado Springs-based Century Casinos Inc. said third- quarter profits rose 35 percent to $1.23 million, or 9 cents a share, from $914,000, or 7 cents a share, in the year-ago period.
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The shipping carrier reported third-quarter profit of $1.08 billion, a 3.7 percent increase from the same period a year ago, on a modest rise in sales.
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U.S. private equity firm Blackstone Group said on Tuesday it would buy Hilton Hotels Corp. for about $26 billion cash.
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French hotel and catering group Accor SA said Wednesday its revenue rose 5.9 percent in the fourth quarter thanks to upbeat performance across all main divisions despite the dollar's weakness.
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Marriott International Inc. MAR.N,  the largest U.S. hotel operator, on Thursday said third-quarter  profit rose 45 percent as business travel continued to perk up  after three years of stagnation.
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Time Warner Inc said on Wednesday it  expects profit growth to match or beat Wall Street estimates,  after reporting quarterly earnings that reflected increases in  broadband and phone subscribers and sales of "Harry Potter" and  "300" home videos.
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The Blackstone Group LP  is  planning a $9 billion commercial mortgage-backed securities  offering backed by Hilton Hotels next quarter, according to a  Credit Suisse research note.
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Starwood Hotels & Resorts Worldwide  Inc.  on Thursday posted better-than-expected  second-quarter profit on gains from the sale of some hotels and  higher room rates, and raised its outlook for the year.
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HMS Holdings has seen an increase in revenues and net income.
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Time Warner Inc said on Wednesday it  expects profit growth to slow in 2008 but possibly exceed Wall  Street estimates after it reported quarterly earnings that  reflected increases in broadband and phone subscribers and  sales of "Harry Potter" and "300" home videos.
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French telecoms and media group Vivendi   reported a 10.9 percent rise in first-half net adjusted profit   on Thursday, as growth from games and pay-TV Canal Plus made up   for lackluster trading at mobile arm SFR.
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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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Pepsi Bottling Group Inc.  on Tuesday said quarterly profit rose 9.5 percent, helped by price increases in several markets, leading the bottler to raise its full-year earnings forecast.
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Marriott International Inc. , the largest U.S. hotel operator, on Thursday said third-quarter profit rose 45 percent as business travel continued to perk up after three years of stagnation.
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DaimlerChrysler AG , the world's fifth-biggest carmaker, forecast on Tuesday rising profitability through 2009.