Ericsson Shares Jump as Profit Tops Forecasts 2008-04-26 06:01 - Shares in the telecom equipment maker recorded their biggest gain in nearly five years after the company’s first-quarter profit, while down sharply from a year ago, beat gloomy forecasts.
Plastic-Bottle Scare Is a Boon for Some 2008-04-26 06:01 - Canada’s decision to label as toxic a chemical that is used to make a popular form of plastic has created headaches for some bottle makers but it may prove a bonanza for others.
Microsoft Shows Gains, but Also Weaknesses 2008-04-26 06:01 - Microsoft’s pursuit of Yahoo may have run into some bumps, but its big software business is humming along smoothly.
Peltz Offer Is Accepted by Wendy’s 2008-04-26 06:01 - After more than two years of bickering, Wendy’s International and Nelson W. Peltz have tied the knot for about $2.3 billion.
Sales of Wii Propel Profit at Nintendo 2008-04-26 06:01 - The Nintendo Company’s net profit last fiscal year surged 47.7 percent, powered by strong sales linked to its popular Wii video game console and brisk sales of its DS handheld devices.
Weak Dollar Helps 3M, but Maybe Too Much 2008-04-26 06:01 - The diversified manufacturer 3M reported better-than-expected quarterly profit on Thursday, but its shares fell on investor concern that the weak dollar accounted for too much of the company’s growth.
Costs of Spinoff Push Down Altria’s Profit 2008-04-26 06:01 - RICHMOND, Va. (AP) ? The Altria Group said Thursday that its first-quarter profit fell 11 percent, partly as a result of costs related to the spinoff of Philip Morris International and relocating its corporate headquarters.
Union Pacific’s Profit Rises on Higher Revenue 2008-04-26 06:01 - OMAHA, Neb. (AP) ? The Union Pacific Corporation said Thursday its net income jumped 15 percent in the first quarter because price increases and fuel surcharges helped increase revenue even as shipping volume remained flat.
Whirlpool’s Profit Drops 20% on Declining Sales 2008-04-26 06:01 - ATLANTA (Reuters) ? Whirlpool, the appliance maker, posted much lower-than-expected quarterly profit on Thursday as sales declined in the United States and oil and steel costs soared.
Dow Chemical Earnings Drop 3% 2008-04-26 06:01 - The company reported a 3 percent drop in first-quarter profit because of higher prices for raw materials and energy, but still managed to top Wall Street’s expectations.