Newsprint maker posts 4Q profit
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Global newsprint maker Norske Skog on Wednesday reported a net profit for the fourth quarter of 2006 compared with a loss a year earlier, after the company reorganized the business and cut costs.Comment
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By PAUL GORES  Journal Communications Inc. said Wednesday that fourth-quarter profits last year rose almost 40%, aided by an extra week in the quarter.  Net income was $23.4 million, or 33 cents per share, compared with $16.7 million, or 23 cents, in the final period of 2005.
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Industrial conglomerate Tyco International Ltd. swung to a fiscal fourth-quarter profit on a double-digit jump in sales and on lower one-time charges compared with the year-ago quarter.
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Fourth-quarter profit surged from a year-ago period that included hefty restructuring costs and liability charges related to the companyâs top-selling drug, Zyprexa.
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NYSE Group Inc. , owner of the New York Stock Exchange, posted a fourth-quarter profit on Friday compared with a loss a year earlier, when results were hit by one-time expenses related to the acquisition of electronic trader Archipelago.
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The Washington Post Co. said today its fourth-quarter profit was down 6.7 percent to $95.5 million, from $102.4 million in 2005, despite a 10 percent gain in revenue.
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STAMFORD, Conn. -- Printer and copier maker Xerox Corp., lifted by a gain from a pension settlement related to its Fuji Xerox Co. unit, on Wednesday posted a 39 percent surge in third-quarter profit and raised its earnings target for the year.
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The company said quarterly profit rose to $494 million despite a slowing U.S. economy, but it lowered its full-year earnings outlook.
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By Paul Gores, Milwaukee Journal Sentinel  Feb. 15--Journal Communications Inc. said Wednesday that fourth-quarter  profits last year rose almost 40 percent, aided by an extra week in the  quarter.
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Wachovia Corp. WB.N, the No. 4 U.S.  bank, on Wednesday said fourth-quarter profit rose as its  results included the impact of its acquisition of SouthTrust  Corp.
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Printer maker Lexmark International  said on Tuesday its net profit rose, although revenue fell.
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Printer maker Lexmark International Inc  reported on Tuesday a higher quarterly net profit and predicted better-than-expected first quarter earnings, sending shares up more than 10 percent.
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Continental Airlines Inc  on  Thursday posted a fourth-quarter profit as more international  flights helped offset higher fuel costs.
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The companyâs second-quarter profit rose 37 percent after factoring in losses from assets it sold, but on a continuing basis results fell on buyout costs at its newspapers.
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Xerox Corp , the leading provider of digital printers and document management services, on Thursday posted a better-than-expected rise in quarterly profit fueled by growing revenue from financing and supplies, sending its beleaguered stock up over 7 percent.
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The company reported net income for the fourth quarter of $632 million on restructuring moves and tax benefits, which more than offset lower aluminum prices.
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Lehman Brothers reports fourth-quarter and fiscal-year earnings.