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Business briefs
SUFFOLK Townbank reports record first quarter earnings Hampton Roads based TowneBank reported record earnings of $10.47 million for the quarter ended March 31, 2013, a 10.97 percent increase, or $1.04 million, over the $9.44 million reported for the...Tags: TowneBank, Isle of Wight (Isle of Wight, Virginia), Smithfield, Hampton Roads, Quarterly or Semiannual Financial Statements
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UnitedHealth Profit Falls As U.S. Government Payments Decline
Lower government payments for private Medicare services and prescriptions for older people dragged down UnitedHealth Group Inc.'s first-quarter profits, the company said Thursday. Chief Executive Officer Stephen Hemsley also warned during a conference...Tags: Insurance, Stephen J. Hemsley, Health Management Associates Incorporated, Government Health Care, Economy, Business and Finance
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Micros Systems says third-quarter net income rose 2.4 percent
Micros Systems Inc., a maker of software for the hospitality and retail industries, reported third-quarter net income of $44.3 million Thursday, a 2.4 percent increase compared with the same period in 2013 and a record for a third quarter. The Columbia-...
Tags: Computing and Information Technology Industry, Economy, Business and Finance, Companies and Corporations
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DeVry stock slammed by fiscal 3Q enrollment, revenue declines
Tribune staffDeVry Inc. shares fell more than 20 percent Wednesday after the for-profit education company reported fiscal third quarter results that included a 21 percent drop in undergraduate enrollment. The company, in the spotlight with other for-profit...Tags: Colleges and Universities, Education, Economy, Business and Finance, Deutsche Bank AG, For-Profit Colleges
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ITW cuts forecast on 27% drop in profit in 1Q
Tribune staff reporterIllinois Tool Works on Tuesday lowered its 2013 outlook, citing softer-than-expected demand for its products in the first quarter. The Glenview-based diversified manufacturer said it expects full-year revenue growth of 2 to 4 percent, down from the...Tags: Business, Glenview, Weather, Earnings Forecasts, Economy, Business and Finance
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Motorola Solutions profit climbs 21% in 1Q
Tribune staff reporterMotorola Solutions saw an increase in net income for the first quarter despite nearly stagnant revenue, but cut its full-year revenue guidance amid challenges in its enterprise business. The Schaumburg-based maker of communications gear for government...Tags: Microsoft Corporation, Computing and Information Technology Industry, Google Inc., Economy, Business and Finance, Networking
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Rockville Bank Posts Record Quarterly Profits
The Hartford CourantThe parent of Rockville Bank today posted an 18-percent jump in first quarter profits, amid strong residential lending and keeping expenses in check. Rockville Financial Inc. reported record first-quarter net income of $4.6 million, or 17 cents a diluted...Tags: Rockville (Bethlehem, Pennsylvania), Stock Market, Rockville Financial Incorporated
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Official: Ford posts decade-best $2.1B profit in Q1 2013
Autoblog.comFiled under: Ford, Earnings/Financials As predicted, Ford has reported that its first quarter of 2013 was a resounding success overall, with a pretax profit of $2.1 billion ($0.41 per share), and a net income of $1.6 billion ($0.40 per share). In fact,... -
Emerging markets fuel Tupperware's quarterly sales increase
Tupperware Brands Corp.'s first-quarter profit was essentially flat, though earnings per share and sales increased, the Orlando-based company reported Wednesday. Tupperware's net income was $58.2 million, or $1.06 per share, compared with $58.3 million...
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Apple to spend $100 billion to buy back shares, raise dividend
Apple Inc. will spend an unprecedented $100 billion to buy back shares and increase its dividend — a not-so-subtle attempt to appease jittery investors who have seen the company's stock plunge by nearly half in recent months. Although the...
Tags: Tim Cook, Apple iPhone, Buyback, Economy, Business and Finance, Apple iTunes
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P&G, AT&T drop after earnings, holding back Dow
Weak earnings forecasts from Procter & Gamble and AT&T held the Dow Jones industrial average back on Wednesday. P&G, the world's largest consumer goods maker, fell 4.8 percent to $78.03 after the maker of Tide detergent and Gillette razors said its...
Tags: Kentucky Fried Chicken, Stock Market, Stock Activities, Economy, Business and Finance, Financial Markets
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W.R. Grace says income dropped 13% in first quarter
Chemical maker W.R. Grace & Co. said Wednesday that its net income in the first quarter fell about 13 percent from the year-earlier period, in line with its warning to investors and analysts earlier in the month. The Columbia company said sales volumes...
Tags: Stock Market, Credit Ratings, NYSE Euronext, Inc., Prices
Apr 26, 2013
|Story| Hampton Roads Daily Press
Apr 18, 2013
|Story| Hartford Courant
Apr 25, 2013
|Story| Baltimore Sun
Apr 24, 2013
|Story| Chicago Tribune
Apr 23, 2013
|Story| Chicago Tribune
Apr 24, 2013
|Story| Chicago Tribune
Apr 25, 2013
|Story| Hartford Courant
Apr 24, 2013
|Blog| Autoblog.com
Apr 24, 2013
|Story| Orlando Sentinel
Apr 24, 2013
|Story| Los Angeles Times
Apr 24, 2013
|Story| Los Angeles Times
Apr 24, 2013
|Story| Baltimore Sun
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