Starbucks 1st-Quarter Earnings Rise
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Starbucks Corp.  on Wednesday reported higher quarterly net income and raised its earnings forecast for the year on strong sales of holiday products like Christmas Blend coffee beans.
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Black & Decker forecast earnings of $1.10 to $1.20 a share for the first quarter, while some analysts were expecting $1.40.
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Starbucks shares soared even before the company announced September sales growth figures that trounced Wall Street estimates.
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Starbucks Corp. SBUX.O, the  world's largest coffee shop chain,  on Wednesday said quarterly  net profit rose 47 percent, helped by its aggressive store  expansion and an extra week in the period.
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The Nasdaq Composite stock index rose on Thursday, helped by higher-than-expected sales at coffee chain Starbucks Corp. , while blue-chip stocks were little changed before employment data on Friday.
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The Oracle Corporation reported Tuesday that first-quarter earnings had risen 16 percent on strong demand for its flagship database programs, enabling the company
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Starbucks Corp. SBUX.O on  Wednesday said sales at stores open at least 13 months rose 13  percent in November, helped by the coffee shop chain's early  launch of holiday products like Christmas Blend coffee beans.
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PepsiCo Inc. (PEP.N: Quote, Profile, Research) , the world&#39;s No. 2 soft drink company, said on Thursday quarterly profit rose due to tax benefits and a strong performance from its key
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The company reported net income of $509 million in its first fiscal quarter, compared with $440 million in income for the same quarter a year ago.
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General Mills Inc , on Wednesday posted a 1 percent increase in quarterly profit, as higher sales were partially offset by more expensive marketing and a pizza recall.
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Starbucks Corp. said strong sales of holiday drinks, gift cards and music helped boost quarterly earnings by 31 percent, and the coffee retailer raised its earnings forecast slightly for its current fiscal year.
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The worldâs largest soft drink maker reported higher-than-expected quarterly profit on Wednesday, helped by higher sales, acquisitions and foreign exchange rates.
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Cisco Systems Inc. on Tuesday reported significant gains in earnings and revenue for its fiscal 2005 first quarter that met analyst expectations.
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Rupert Murdoch&#39;s News Corp. posted a higher profit Wednesday for its fiscal first quarter, driven by strong revenue gains in its broadcast and cable TV operations.
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Yum Brands reported a 12 percent rise in quarterly net earnings and nudged up its profit forecast for the year.
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Clothing retailer Gap Inc. (GPS.N: Quote, Profile, Research) said on Thursday its quarterly earnings ticked up 1 percent, buoyed by improved profit margins, but
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Swiss food group Nestle reported first-half net profit rose by 2.1 percent to 2.838 billion Swiss francs (1.85 billion euros, 2.28 billion dollars) from a year ago, below market expectations, but predicted improvement in the second half.