Lockheed Martin Corp. said Thursday its fourth-quarter profit dropped 29 percent, as lower government spending reduced revenue at most of its businesses. The aerospace and defense contractor reported net income of $683 million, or $2.09 per share, for the three ...

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Spice maker McCormick & Co.’s net income dipped 1 percent in its fiscal fourth quarter, weighed down by transaction costs related to an acquisition and joint venture. The Sparks-based company also gave a 2012 earnings outlook Thursday that is below ...

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NEW YORK — McDonald’s says net income rose by 11 percent in the fourth quarter as the world’s largest burger chain continues to attract budget-conscious customers. Net income of $1.38 billion translated to $1.33 per share, beating the $1.29 predicted ...

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NEW YORK — A steadier mortgage business, higher commercial lending and an increase in deposits lifted Wells Fargo & Co.’s fourth-quarter profit by 20 percent. The San Francisco-based bank reported Tuesday that the amount of mortgages it wrote in the ...

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NEW YORK — Electronics retailer Best Buy said Tuesday that its third-quarter net income fell 29 percent as it cut prices in popular categories such as tablets and TVs to drive sales and traffic during the busy holiday season. Its ...

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Asset manager Legg Mason Inc. on Thursday said its fiscal second-quarter profit plunged 25 percent as its customers pulled money out of the markets, which experienced the worst quarter since the economic crisis, and its investments lost value. The results, ...

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Profits were up 32 percent at Under Armour Inc. in the third quarter of 2011 as revenue continued to increase due to new products including charged cotton and fleece. The Baltimore-based company announced Tuesday that net revenue was up 42 ...

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BUFFALO, N.Y. — M&T Bank Corp. said Wednesday that its third-quarter profit fell in part due to the costs of integrating the recently acquired Wilmington Trust Corp. into its operations. Even without the integration costs, its results missed Wall Street ...

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MINNEAPOLIS — Best Buy Co. said Tuesday its fiscal second-quarter net income fell 30 percent as consumers hit the pause button on buying electronics, particularly TVs and smart phones, while fears about the global economy persist. Results missed expectations and ...

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OWINGS MILLS — Universal Security Instruments Inc. of Owings Mills said it made hardly any money during its fiscal first quarter ended June 30. The manufacturer of safety and security equipment reported net income of $581, or zero cents per ...

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