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Tag Archives: fourth quarter

Legg Mason’s 4th quarter profit up 10 percent

Baltimore-based Legg Mason Inc. said Tuesday that its fiscal fourth-quarter profit increased 10 percent as it cut expenses to offset the impact of lower stock and bond assets. Net income rose to $76.1 million, or 54 cents a share, in ...

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Wal-Mart’s 4Q results show rebounding U.S. business

NEW YORK — Wal-Mart Stores Inc.’s low-cost strategy during the holidays both helped and hurt its performance in the fourth quarter: The world’s largest retailer reported an almost 15 percent decline in profit, but its namesake U.S. business continued to ...

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Silver Spring-based United Therapeutics shows higher profit

United Therapeutics Corp., of Silver Spring, a developer of drugs to treat cardiovascular, infectious and oncological diseases, reported fourth-quarter net income surged to $43.2 million, or 77 cents per diluted share, versus $9.5 million, or 15 cents per diluted share, ...

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Exelon 4Q profit rises, adjusted results miss view (access required)

CHICAGO — Power plant operator Exelon Corp. on Wednesday said that its fourth-quarter profit rose 16 percent, but its adjusted results missed Wall Street expectations due to higher costs and unfavorable weather conditions. Its shares slipped in midday trading after ...

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