Update 1: Sysco Profit Climbs 8 Percent on Sales
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Sysco Corp., the country&#39;s largest food service distributor, Monday said profit for its latest quarter rose 8 percent, as it increased sales and trimmed expenses despite the hurricanes in the Southeast.
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With strong international sales and growth in its services business, Symantec reported earnings Wednesday that beat analyst expectations.
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Office supplies retailer Office Depot  Inc.  on Friday said quarterly profit rose, helped by  sales in North America.
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Shares of software maker Oracle Corp.  ORCL.O rose as much as 8 percent in early trading on  Wednesday, a day after the company posted strong quarterly  profit fueled by steady demand for its flagship database  products.
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Ketchup maker H.J. Heinz Co.  on  Thursday posted higher quarterly profit, lifted by sales of new  products and increased prices.
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With strong international sales and growth in its services business, Symantec reported earnings Wednesday that beat analyst expectations.Excluding charges, revenue at the security and storage company grew 15 percent year over year, to $1.53 billion for the period ended Dec 28. Analysts had been expecting revenue of $1.45 billion, according to a consensus estimate from Thomson Financial. Earnings were $0.33 per share, ahead of the analyst estimate of $0.28 per share.Symantec&#39;s international revenue -- which represents more than half of the company&#39;s business -- grew by 21 percent year over year, Symantec said. The Europe, Middle East, and Africa region was the fastest-growing with revenues up 26 percent from the previous year. Revenue in Asia grew by 19 percent, the company said.Service sales totalled just 6 percent of Symantec&#39;s revenue, but they grew by 40 percent from the previous year.The company&#39;s consumer and enterprise security businesses grew by just 8 percent and 9 percent, respectively. Symantec&#39;s data center management group saw sales jump 11 percent over the same period.Symantec raised guidance for its full fiscal year 2008, which ends March 28. It now expects revenue to be in the range of $5.90 billion to $5.94 billion, with earnings per share between $1.24 and $1.26. Analysts had been expecting annual revenue of around $5.79 billion with earnings per share at $1.16, according to Thomson.The company&#39;s shares leapt more than 7 percent on the results in after-hours trading, reaching $16.40 late Wednesday afternoon.
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Department store operator Nordstrom Inc. on Tuesday said third-quarter profit jumped on higher sales, inventory changes and lower expenses, leading it above Wall Street estimates.
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Symantec Corp. , the biggest global security software maker, on Wednesday posted a 48 percent rise in third-quarter profit, driven by strong sales that were aided by a weak dollar.
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The companyâs third-quarter profit beat expectations, lifted by an extra week of holiday shopping and sales of video game consoles and GPS devices.
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Hitachi Ltd., a Japanese electronics company, reported Friday that its group net profit surged nearly eight-fold for the first fiscal half as sales grew on solid global demand for digital home products.
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Microsoft  reported a rise in quarterly profit on Thursday, boosted by strong sales of its Windows operating system, and the company raised its full-year profit outlook, sending its shares up 4 percent.
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PepsiCo Inc., the No. 2 soft-drink  maker, on Thursday reported an 8 percent rise in fourth-quarter  profit on volume growth, higher pricing and a favorable foreign  exchange rate.
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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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US equipment maker Caterpillar  reports a rise in quarterly profit on strong international sales.
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Symantec Wednesday said fiscal second-quarter earnings more than doubled over the previous year as the company saw growth across all of its business segments.
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Tyco International Ltd. (TYC.N: Quote, Profile, Research) on Monday reported a quarterly profit helped by strong demand of electronic parts and the absence of the costly write-downs
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Diversified manufacturer Emerson Electric Co.  reported higher quarterly profit on Tuesday, led by demand in its industrial automation and network power segments.