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CompareCC News Archive Listing for Stocks and Investing during 2005-11-03.
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VW Says 9-Month Net Profit Up 49 Percent
 
AP - Volkswagen AG, Europe's biggest car maker, said Thursday that its third-quarter net profits tripled from last year because of increased sales and cost-cutting that has its German labor force working more hours for less pay.
Adidas-Salomon Says 3Q Profit, Sales Up
 
AP - Sportswear maker Adidas-Salomon AG, which is mounting a $3.8 billion takeover of Reebok International Ltd., said Thursday that third-quarter net profit rose 20 percent and that earnings for the year would rise a like amount.
Unilever Reports 26 Pct. Profit Rise in 3Q
 
AP - Unilever NV, the maker of consumer products such as Dove soaps and Lipton teas, reported a 26 percent increase in third-quarter net profit on Thursday, boosted by the sale of its cosmetics business. But operating profit fell under margin pressure.
BMW Reports Drop in 3Q Net Profit
 
AP - Automaker BMW AG said Thursday that third-quarter net profit fell 6.5 percent, citing the higher cost for raw materials to make its cars, but said sales increased some 11 percent. The company confirmed its outlook for the rest of 2005.
Stocks Set to Open Mixed on Retail Sales
 
AP - U.S. stock market futures were mixed Thursday as October sales from the retailing sector filtered in, with a host of economic data and testimony from the outgoing Federal Reserve chief also expected to be a focus.
Harrah's third-quarter profit rises
 
Reuters - Harrah's Entertainment Inc. , the world's biggest casino operator, on Thursday said its third-quarter profit rose 42 percent.
MCI Swings to 3Q Profit on New Services
 
AP - MCI Inc., the telecommunications provider being acquired by Verizon Communications Inc., said Thursday it earned $271 million in the third quarter, helped by new services and the absence of large impairment charges that led to a loss a year ago.
European shares rise amid sweet earnings
 
AFP - European stock markets were helped by some strong company earnings and a rebound on Wall Street overnight.
R.R. Donnelley quarterly profit falls
 
Reuters - Printing services company R.R. Donnelley and Sons Co. on Thursday said quarterly profit fell 9 percent, hurt by charges for restructuring and other items.
MCI Q3 revenue fell 12 pct
 
Reuters - MCI Inc. , the long-distance phone company being acquired by Verizon Communications Inc. , on Thursday posted a third-quarter profit as a reduction in tax liabilities helped offset a decline in revenue.
Commerzbank Swings to Third-Quarter Profit
 
AP - Commerzbank AG, Germany's third-biggest publicly traded bank, said Thursday it swung to a third-quarter profit as earnings from trading securities rose.
Unilever Profit Up on Cosmetics Unit Sale
 
AP - Unilever NV, the maker of consumer products such as Dove soaps and Lipton teas, reported a 26 percent increase in third-quarter net profit on Thursday, boosted by the sale of its cosmetics business. But operating profit fell under margin pressure.
Sales, Productivity Boost Wall Street
 
AP - Better-than-expected retail sales and increased worker productivity helped drive stocks higher Thursday as investors' worries about the health of the economy eased.
NYSE, Archipelago set for merger vote
 
Reuters - The New York Stock Exchange on Thursday said its members would meet on December 6 to vote on the proposed takeover of electronic stock-trading company Archipelago Holdings Inc. .
Sara Lee 1Q Profit Tumbles on Charges
 
AP - Sara Lee Corp. on Thursday said its fiscal first-quarter profit plunged from the year before, hurt by declining sales and a spate of charges as the food and clothing company looks to restructure its businesses.
Revlon Posts Smaller Third-Quarter Loss
 
AP - Cosmetics company Revlon Inc. on Thursday reported a smaller loss for the third quarter despite a drop in revenue.
DirecTV Returns to 3Q Profit, Revenue Up
 
AP - DirecTV Group Inc., the nation's largest direct broadcast satellite provider, said Thursday it returned to a profit for the third quarter, as strong subscriber growth helped boost revenue 13 percent.
Sara Lee profit falls on charges, costs
 
Reuters - Sara Lee Corp. on Thursday posted a sharp drop in quarterly profit on charges the food and apparel company took for a massive restructuring and higher costs for energy and coffee.
Revlon trims loss as launches progress
 
Reuters - Revlon Inc. on Thursday said its third-quarter loss narrowed as it shipped new cosmetics to stores.
CVS 3Q Profit Surges on Acquired Stores
 
AP - CVS Corp., one of the nation's largest drugstore chains, on Thursday said its third-quarter earnings jumped 38 percent, as acquired stores helped revenue rise.
Harrah's 3Q Profit Rises on Acquisition
 
AP - Harrah's Entertainment Inc., the world's largest casino company, on Thursday said profit rose 42 percent in the third quarter, boosted by its acquisition of Caesars Entertainment Inc. and an increase in gambling.
Comcast Profit Flat for Third Quarter
 
AP - Comcast Corp., the nation's largest cable TV systems operator, said Thursday that profit for the third quarter was essentially flat, even as revenue from digital cable and high-speed Internet services showed improvement.
Stock markets advance on U.S. economic data, TSX gets boost from higher oil
 
Canadian Press - TORONTO (CP) - North American stock markets advanced Thursday as worries about the U.S. economy lessened while the TSX energy sector provided extra strength as the price of crude oil headed higher.
Solid Retail Sales Send Stocks Higher
 
AP - Better-than-expected retail sales and increased worker productivity helped drive stocks higher Thursday as investors' worries about the health of the economy eased. A major court victory for Dow Jones industrial Merck & Co. lifted blue chips.
Comcast loses basic cable customers
 
Reuters - Comcast Corp., the top U.S. cable operator, on Thursday posted lackluster quarterly profit and its stock fell 5 percent on worries about customers dropping its basic cable service.
CVS Profit Up on Acquired Eckerd Stores
 
AP - CVS Corp., one of the nation's biggest drugstore operators, said Thursday that third-quarter earnings jumped 38 percent on strong performance by its recently acquired Eckerd stores, as well as growth in non-pharmacy sales.
MCI Sees 3Q Profit on Tax Reduction
 
AP - MCI Inc., the telecommunications provider being acquired by Verizon Communications Inc., said Thursday it swung to a $271 million third quarter profit, helped by the absence of large one-time charges that led to a big loss a year ago.
Elizabeth Arden profit falls, hits stock
 
Reuters - Elizabeth Arden Inc. on Thursday said quarterly profit fell as higher costs outweighed strong sales of new fragrances such as Britney Spears Fantasy, and its shares sank more than 16 percent as the company cut its full-year forecast.
AmerisourceBergen Profit Slips on Charges
 
AP - AmerisourceBergen Corp. on Thursday posted a 79 percent plunge in profit for its latest quarter, hurt by a hefty charge for debt repayment.
Comcast 3Q Profit Flat As Revenue Rises
 
AP - Comcast Corp., the nation's largest cable TV systems operator, said Thursday that profit for the third quarter was essentially flat, even as revenue from digital cable and high-speed Internet services showed improvement.
Stocks Surge on Retail Sales, Productivity
 
AP - Better-than-expected retail sales and increased worker productivity helped drive stocks higher Thursday as investors' worries about the health of the economy eased. A major court victory for Dow Jones industrial Merck & Co. lifted blue chips.
NYSE, Archipelago Set Ownership Votes
 
AP - Seat owners of the New York Stock Exchange and stockholders of Archipelago Holdings Inc. will vote Dec. 6 on whether the two exchanges should merge, the companies said Thursday.
Priceline.com Stock Up As Sales Increase
 
AP - Shares of Priceline.com Inc. jumped Thursday, a day after the online travel agency reported third-quarter sales and earnings that rose with help from strong gross travel bookings.
Foolish Forecast: Will Polo's Accessories Match Earnings?
 
The Motley Fool - What does a fashionable company wear to an earnings release?
MasterCard Profit Up on Higher Card Usage
 
AP - MasterCard International Inc., the credit card giant that plans to go public next year, said Thursday its third-quarter profit rose 8 percent as more credit and debit cards were issued and consumer use of the cards rose.
Dow, Nasdaq Up in Late Afternoon Trading
 
AP - A wide swath of good news, from better-than-expected retail sales and worker productivity to a major court victory for Merck & Co., drove stocks higher Thursday, but a jump in oil prices limited the gains.
Adidas raises outlook, eyes Reebok
 
Reuters - German sporting goods maker Adidas-Salomon raised its 2005 outlook on Thursday following a jump in quarterly profit, while it pushed ahead with its planned $3.8 billion takeover of U.S. rival Reebok by conducting a capital hike.
Comcast 3Q Profit Flat As Revenue Grows
 
AP - Comcast Corp., the nation's largest cable TV systems operator, said Thursday that profit for the third quarter was essentially flat, even as revenue from digital cable and high-speed Internet services showed improvement.
Harrah's 3rd-Quarter Earnings Up 42 Pct.
 
AP - Harrah's Entertainment Inc.'s acquisition of Caesars Entertainment helped the world's largest gambling company weather losses from hurricane damage to its Gulf Coast properties and pushed third-quarter profits up 42 percent.
Dow Ends Up 50, Nasdaq Closes Up 16
 
AP - A wide swath of good news, from better-than-expected retail sales and worker productivity figures to a major court victory for Merck & Co., drove stocks higher Thursday, although a jump in oil prices limited the gains.
NYSE, Archipelago Set to Vote on Merger
 
AP - Seat owners of the New York Stock Exchange and stockholders of Archipelago Holdings Inc. will vote Dec. 6 on whether the two exchanges should merge, the companies said Thursday.
DirecTV Returns to Profit in 3rd Quarter
 
AP - DirecTV Group Inc., the nation's largest direct broadcast satellite provider, said Thursday it returned to a profit for the third quarter, as strong subscriber growth helped boost revenue 13 percent.
Sara Lee 1Q Earnings Decline 81 Percent
 
AP - Sara Lee Corp. on Thursday reported an 81 percent drop in first-quarter profits and declining revenue Thursday, reflecting weak results in some of its businesses and the heavy costs of an ongoing restructuring at the food and apparel manufacturer.
Revlon Narrows 3rd-Quarter Loss to $65.4M
 
AP - Cosmetics company Revlon Inc. on Thursday said its loss narrowed in the third quarter even as revenue fell, sending shares down 7.7 percent.
Comcast Earnings Flat for Third Quarter
 
AP - Comcast Corp., the nation's largest cable TV systems operator, said Thursday that profit for the third quarter was essentially flat, even as revenue from digital cable and high-speed Internet services showed improvement.
CVS Profit Climbs 38 Percent in 3rd Qtr.
 
AP - CVS Corp., one of the nation's biggest drugstore operators, said Thursday that third-quarter earnings jumped 38 percent on strong performance by its recently acquired Eckerd stores, as well as growth in non-pharmacy sales.
AmerisourceBergen Profit Falls on Charges
 
AP - AmerisourceBergen Corp. on Thursday posted a 79 percent plunge in profit for its latest quarter, hurt by a hefty charge for debt repayment.
MCI Posts $271 Million Profit in 3rd Qtr.
 
AP - MCI Inc., the telecommunications provider being acquired by Verizon Communications Inc., said Thursday it swung to a $271 million third quarter profit, helped by the absence of large one-time charges that led to a big loss a year ago.
Laserscope Shares Fall on Sale Concerns
 
AP - Laserscope shares fell sharply Thursday on concerns about slowing sales of the company's laser tool for prostate surgery.
Atari posts wider quarterly loss
 
Reuters - Video game developer and publisher Atari Inc. on Thursday posted a wider quarterly loss as sales fell 44 percent as the company released fewer titles amid a transition to new video game consoles.
Expedia says its profit rose in third quarter
 
Reuters - Travel services company Expedia Inc. on Thursday said its profit rose on increased travel demand.
Comcast loses basic cable customers,
 
Reuters - Comcast Corp., the top U.S. cable operator, on Thursday posted lackluster quarterly profit and its stock fell 5 percent on worries about customers dropping its basic cable service.
Stocks up on U.S. economic data, retail sales; TSX gets boost from higher oil
 
Canadian Press - TORONTO (CP) - The Toronto stock market finished higher in a fifth winning session as the TSX continues to mend from the energy-sector led mauling of last month.
DirecTV makes profit, but customer adds disappoint
 
Reuters - DirecTV Group Inc. , the top U.S. satellite television operator, on Thursday posted a quarterly profit versus a year-earlier loss, but shares slipped on disappointing subscriber growth and customer loss rates.
Gemstar-TV Guide Posts 3Q Profit of $51M
 
AP - Buoyed by a big income tax benefit, Gemstar-TV Guide International Inc. reported a net profit Thursday for the third quarter but noted that revenue had declined in its revamped publishing unit.
Aon Announces Layoffs, Posts Flat Profit
 
AP - Insurance brokerage Aon Corp. on Thursday reported third quarter net earnings that were flat compared to a year earlier, and announced it is eliminating 1,400 jobs.

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