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Starbucks profits up 13 percent
NEW YORK — Americans still need their Starbucks fix even in the weak economy. The Seattle-based coffee chain said Thursday its profit rose 13 percent in the latest quarter in […]
McCormick posts record $4B profit
Sparks-based McCormick & Co. record annual sales of $4 billion in 2012, a 9 percent increase over the previous year helped by a strong performance in sales to emerging markets.
Southwest’s 4Q profit slips on higher costs
DALLAS — Southwest Airlines Co. said Thursday that fourth-quarter earnings fell by nearly half as costs rose for fuel, labor and maintenance. The airline’s revenue climbed slightly, however, as the […]
McDonald’s plans ‘Fish McBites’ to boost sales
NEW YORK — McDonald’s profit rose with the help of its Dollar Menu in the latest quarter. Now the world’s biggest hamburger chain is turning to a pipeline of new […]
Verizon Communications 4Q loss widens
NEW YORK — Verizon strengthened its position as the top dog of the wireless industry in its latest quarter by raking in new subscribers and selling millions of iPhones, but […]
Wal-Mart 3Q profit up but shares slide on outlook
NEW YORK — Wal-Mart reported a 9 percent increase in third-quarter net income as the world’s largest retailer continues to woo back shoppers by reemphasizing low prices. But momentum has […]
Discovery’s earnings below expectations
Discovery Communications Inc., a Silver Spring-based media and entertainment company, offered a downbeat third-quarter earnings report ...
Freddie Mac posts $2.9B net income for Q3
WASHINGTON — Mortgage giant Freddie Mac posted net income of $2.9 billion for the July-September quarter, its second straight profitable quarter. The government-controlled company attributed the gain to rising home […]
Political ads boost Sinclair earnings
Sinclair Broadcast Group Inc. announced Thursday its profit increased 33 percent in the third quarter of 2012, driven primarily by heightened political advertising as Election Day nears. The Hunt Valley-based […]
Coventry Health 3Q profit falls 14 pct, costs rise
BETHESDA — Coventry Health Care Inc.’s third-quarter net income dropped 14 percent, as the health insurer’s medical costs and other expenses outweighed revenue gains from an expansion of its Medicaid […]
Comcast 3Q profit, sales top estimates thanks to upbeat subs
PHILADELPHIA — Comcast Corp., the nation’s largest provider of cable TV and Internet services, more than doubled its net income in the third quarter, chiefly due to the sale of […]
Apple misses Wall Street 4Q expectations
NEW YORK — Apple missed Wall Street earnings expectations for the second straight quarter, as iPad sales fell short of analyst forecasts. The slowdown in the growth of iPad sales […]
