Swiss International Air Lines Posts Profit
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Switzerland&#39;s struggling national airline swung to a profit for the third quarter but pledged Tuesday to keep cutting costs as it felt the bite of high oil prices and competition from low-cost carriers in Europe.
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FedEx Corp. , the world's top air-express shipper, on Thursday said quarterly profit more than tripled on strength in its international, ground and freight businesses, and the company raised its full-year earnings forecast.
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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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FedEx Corp., the world&#39;s top air-express shipper, said Thursday quarterly profit more than tripled on strength in its international, ground and freight businesses, and the company raised its full-year earnings forecast.
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Swiss pharmaceuticals giant Roche has said its first-half net profit had increased by 37 percent to 4.54 billion Swiss francs (2.9 billion euros, 3.62 billion dollars).
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Swiss Reinsurance Co., the world's second-largest reinsurance company, posted a first-half net profit on Thursday of 1.4 billion Swiss francs (&#36;1.1 billion), more than double its earnings for the same period last year.
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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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Switzerland&#39;s struggling national airline reported a second-quarter profit of 45 million Swiss francs ($35.6 million) Tuesday, although its figures were boosted by a legal settlement in France.
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TEMPE, Ariz., Oct. 25  â The US Airways Group said Thursday it swung to a profit in the third quarter as its revenue rose and it reduced the number of flights flown.
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United Parcel Service posted quarterly profit of $1.1 billion, citing its global package, supply chain and freight business, which offset a slower U.S. small-package market.
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European aerospace group EADS reports higher-than-expected profits, boosted by sales in its Airbus plane-making subsidiary.
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The airline posts its first profit in three years.
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Swiss pharmaceutical giant Roche reported Wednesday a better-than-expected 2007 net profit of 11.4 billion Swiss francs (10.4 billion dollars, 7.1 billion euros), boosted by cancer drug sales.
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Switzerlandâs troubled national airline says it has secured an agreement in principle with an international banking syndicate for a SFr325 million ($258 million) credit facility.
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Switzerland's struggling national airline Friday announced it had agreed to a 325 million Swiss franc (&#36;258 million) loan from an international banking syndicate.
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Zurich Financial Services AG, Switzerland s biggest insurer, said second-quarter profit climbed 13 percent amid lower claims and higher investment income.
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Northwest Airlines Corp , which cut costs and raised fares, on Monday reported a third-quarter profit, shattering Wall Street expectations.