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Tag Archives: third quarter

Best Buy 3rd-quarter profit falls, shares skid

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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Third quarter produces strategic acquisitions but no mega-deals

The deals continued to flow in the third quarter as the number of Maryland companies involved in mergers and acquisitions activity stayed strong, continuing a rebound that has carried on all year. The quarter lacked a marquee deal like the ...

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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, ...

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Food, credit cards drive Target 3Q profit higher

NEW YORK (AP) — Target Corp.’s third-quarter net income rose 22.6 percent, helped by strong improvements in its credit card business and expansion into food. The cheap-chic retailer on Wednesday also projected a strong holiday, saying it expects an important ...

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Mergers and acquisitions in Maryland nearly double in 3Q

A buyer’s market, greater confidence and more access to credit and financing helped drive up the number of mergers and acquisitions in Maryland for the third quarter of this year. Following up on healthy second-quarter activity, the number and value ...

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Daily Record parent reports increased 3Q earnings, raises guidance

The Dolan Company boosted its revenue guidance for the year and reported $9 million in profit for the third quarter, largely due to strong performance from its subsidiaries that provide legal services. Minneapolis-based Dolan, parent company of The Daily Record, ...

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