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Tag Archives: net income

Sinclair’s second-quarter profit up 7 percent

Sinclair Broadcast Group Inc.’s profit increased 7 percent during the second quarter of 2011, helped by local auto dealer advertising. The Hunt Valley-based company, which operates television stations in 35 markets, announced Wednesday that it had net income of $18.6 ...

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Constellation earns 49 cents per share, but misses estimates

Profits at Constellation Energy Group Inc. climbed 37 percent in the second quarter based on strong performances at its core businesses, the company reported Wednesday. Constellation reported earnings of $99.2 million, or 49 cents a share, compared to $72.6 million, ...

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Comcast earns $1.02B in 2nd quarter, beating forecast

Comcast Corp., the country’s largest cable TV company, is bucking the trend among cable companies by making more money from its TV subscribers. While others are seeing declining revenue from the provision of TV signals, Comcast is still eking out ...

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Legg Mason reports Q1 profit of $60M

Money manager Legg Mason Inc. Thursday reported a 25 percent increase in profit from the corresponding period a year ago, but said assets under management were down 2 percent for the quarter ending June 30. The Baltimore company reported $60 ...

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Host Hotels 2Q FFO improves on better occupancy

BETHESDA — Host Hotels & Resorts Inc. said Wednesday that its second-quarter funds from operations improved as the lodging real estate investment trust saw occupancy improve and room rates climb. Funds from operations, or FFO, increased to $210 million, or ...

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Credit-card business pushes Target net up 2.7 pct

NEW YORK — A stronger credit-card business helped Target Corp.’s net income rise 2.7 percent in the first quarter, even as customers were cautious about buying because of higher gas and food prices. Target’s credit-card business, which it uses to ...

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Legg Mason reports 4Q profit, assets under management up

Money manager Legg Mason Inc. reported increased profit for its fourth quarter, a gain attributed to higher investment-advisory fees. The firm continues, however, to be plagued by money being pulled from funds by clients — $8.7 billion during the fiscal ...

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