Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: profit

PepsiCo 3Q profit climbs on snack, beverage sales

PURCHASE, N.Y. — PepsiCo Inc.’s third-quarter profit rose 4 percent because of higher prices and rising sales of its snacks and beverages, especially overseas. Food and beverage companies like PepsiCo have been raising prices to offset higher costs for ingredients, ...

Read More »

Regulators to ban banks trading for profit

WASHINGTON — Banks would be barred from trading for their own profit instead of their clients under a rule federal regulators proposed Tuesday. The Federal Deposit Insurance Corp. backed the draft rule on a 3-0 vote. The ban on so-called ...

Read More »

FDIC backs ban on banks trading for own profit

WASHINGTON — Banks would be barred from trading for their own profit instead of their clients’ under a rule federal regulators proposed Tuesday. The Federal Deposit Insurance Corp. backed the draft rule on a 3-0 vote. The ban on so-called ...

Read More »

Silver Spring-based Discovery Communications exceeds $1B in revenue

Discovery Communications Inc., a Silver Spring-based media and entertainment company, reported second-quarter net income of $254 million, or 62 cents per diluted share, versus $106 million, or 25 cents per diluted share, for the comparable 2010 period. Revenue rose to ...

Read More »