H&M profits rise on US popularity
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Swedish fashion retailer Hennes & Mauritz sees profits rise more than expected as its clothes continue to sell well in the US.
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Swedish fashion giant Hennes &   Mauritz AB HMb.ST posted third-quarter pretax profits just   above market forecasts on Wednesday, while its August   like-for-like sales also beat expectations.
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Nike Inc.  said on Wednesday that quarterly profit jumped 10 percent, topping Wall Street estimates on strong U.S. demand for its footwear and robust growth overseas, sending shares up over 3 percent in after-hours trade.
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US stocks rose on Tuesday as traders were cheered by better-than-expected quarterly earnings at Wal-Mart Stores (NYSE:WMT), the country's biggest retailer.
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The media firm founded by US lifestyle guru Martha Stewart has reported strong quarterly profits, boosted by magazine ad sales.
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US stocks rose as Kmart Holding Corp.&#39;s $11 billion offer for Sears, Roebuck &amp; Co. lifted retailers and Hewlett-Packard Co.
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Hasbro Inc , the second-largest  U.S. toy company, posted higher fourth-quarter profit on  Monday, boosted by strong demand for its Transformers, Nerf and  Furreal Friends product lines.
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Stocks rose on Wednesday, lifted by a  merger between retailers Kmart and Sears, better-than-expected  earnings from computer maker Hewlett-Packard and government  data showing a moderate rise in a key U.S.  inflation measure.
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H.J. Heinz Co.  posted higher quarterly profit on Friday, helped by new products, the weak dollar and increased marketing.
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Profits got a boost despite sluggish sales from the challenging environment.
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Third-quarter profit rose 5 percent, helped by sales growth in its U.S. retail market and Canada, the company said.
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Marks &amp; Spencer reported after-tax profits of $260 million for the six month period ending October 2nd, compared to $436 million a year earlier.
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Hasbro Inc  posted a better-than-expected quarterly profit on Monday, boosted by strong demand for its Transformers, Nerf and Furreal Friends product lines, helping to send its shares up as much as 4 percent.
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Europe&#39;s largest fashion retailer, Hennes &amp; Mauritz AB, on Thursday posted better than expected third-quarter profits and said sales were up despite lowered prices and competition
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US retailers have seen sales pick up faster than expected, making the biggest improvement since July.
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The New York Times Co  reported higher profit and revenue on Tuesday because of a rise in national advertising and circulation revenue, a contrast to a downbeat earnings season for U.S. newspaper publishers.
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Ketchup maker H.J. Heinz Co.   on Tuesday said quarterly profit soared nearly 90 percent,  helped by new products, increased marketing and improvement in  its international business.