Two Deals Helped BPâs Second-Quarter Profit
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The European oil giant reported a 1.5 percent increase in profit thanks to proceeds from its sale of its last British refinery and a pipeline in the United States.
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The world's No. 2 soft drink company said on Thursday  quarterly profit rose due to tax benefits.
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Wells Fargo & Co.  and U.S.  Bancorp  recorded higher second-quarter profits, leading  a batch of bank earnings on Tuesday, as higher fees offset  pressure on lending margins from rising interest rates.
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The No. 2 grocer reports double-digit gains in sales and earnings after recent acquisitions.
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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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Apparel retailer J. Crew Group Inc  on Wednesday posted a second-quarter net profit, helped by robust sales and higher gross margins.
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The data storage vendor said second-quarter profit rose to $334.4 million as it recorded double-digit sales gains at its biggest businesses.
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Troubled retailer Toys "R" Us Inc. reported Monday that the company swung to a profit in the latest second quarter, compared with a loss in the year-ago period.
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Williams-Sonoma Inc. said second- quarter profit rose 55 percent, boosted by the addition of Pottery Barn stores and sale of outdoor furniture.
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Second-quarter profit was largely fueled by international sales growth, the athletic gear company said.
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The second-quarter results topped analyst expectations and the grocery chain raised its outlook for the year.
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LONDON, November 8  - British Airways&#39; (BAI1.FSE) second-quarter pretax profits more than doubled this fiscal year, boosted by the company&#39;s effective cost reduction measures and a robust upturn in the long-haul passenger traffic trends.
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BP Plc, the world's second largest oil  company, beat analysts' expectations to report bumper third  quarter earnings on Tuesday on the back of high oil prices and  strong refining and chemicals margins.
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Lehman Brothers reported standout second-quarter earnings.
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Second-quarter profit rose 16 percent as higher prices overshadowed an increase in advertising costs.
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Bank of America Corp. , the second-largest U.S. bank, said on Thursday that second-quarter profit rose 5 percent as growth in capital markets activity and consumer fees offset an increase in credit losses.
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Bank of America Corp. , the second-largest U.S. bank, said on Thursday quarterly profit rose 5 percent, as private equity and investment banking gains offset lower retail banking earnings and worsening loan quality.