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Tag Archives: shares

M&T’s third-quarter profit falls on integration expense

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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Apple stock hits $413.23, its highest level ever

LOS ANGELES — Apple Inc. stock reached its highest level ever Monday, hitting $413.23 in intraday trading even as the broader market declined. That price was 3.2 percent higher than Friday’s close and brought the company’s market capitalization to $383 ...

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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 ...

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Colfax shares surge on 2Q results, outlook

FULTON — Pump and valve maker Colfax Corp. said Friday that its second-quarter profit increased five-fold on easy comparisons to last year’s second quarter, which was weighed down by restructuring charges and litigation expenses. The adjusted results beat Wall Street ...

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Dunkin’ expects warm response from new investors

NEW YORK — Shares of Dunkin’ Donuts parent company are set to start trading Wednesday morning after pricing at $19 per share, more than the $16 to $18 range it predicted two weeks ago. Dunkin’ Brands Group Inc., which also ...

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Lockheed beats estimates, raises earnings guidance

Lockheed Martin Corp.’s profit slipped 10 percent in the second quarter as the aerospace and defense contractor dealt with severance pay matters and increased pension costs. But the company’s results managed to top analysts’ expectations, and its revenue climbed despite ...

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