third quarter earnings – News Stories About third quarter earnings - Page 2

Oct 25, 2007 4:54 PM CDT

Motorola CEO Silences Critics (For Now)

Zander exhales as company reports third-quarter profit

(Newser) - Motorola CEO Ed Zander may have won at least a temporary reprieve from some of the harsh criticism he's endured in recent months, as the largest US maker of mobile phones reported a third-quarter profit today. Evading a straight-up loss through aggressive cost-cutting, Motorola earnings were down 94%, but it...

Bank of America Takes
32% Third-Quarter Dive

Oct 18, 2007 8:25 AM CDT

Bank of America Takes 32% Third-Quarter Dive

Investment division, big write downs, sink quarter

(Newser) - Bank of America today reported a whopping 32% drop in third-quarter net income, thanks to steep trading losses, write-downs to cover loan defaults, and larger set-asides to cover credit losses. Unlike many competitors, the nation's second-largest bank hadn’t issued loss guidance.

Nokia Profits Soar 85%
on Popular New Models

Oct 18, 2007 7:19 AM CDT

Nokia Profits Soar 85% on Popular New Models

Market share grows to give company biggest lead ever against competitors

(Newser) - The world's biggest maker of mobile phones announced an 85% increase in third-quarter profits today, topping analysts' estimates on the strength of popular new models. Nokia Oyj increased its already dominant market share to 39%, from 36% last year, giving the Finnish company more of the pie than its three...

eBay Posts Big Growth but Net Loss Thanks to Skype

Oct 18, 2007 5:45 AM CDT

eBay Posts Big Growth but Net Loss Thanks to Skype

Skype write-down takes byte out of auction company

(Newser) - EBay reported strong growth in some sectors despite posting a $936 million net loss for the third quarter, reports the Wall Street Journal. Most of the loss is due to the company writing down internet calling company Skype by $1.39 billion after eBay found it difficult to make money...

Yahoo's Earnings
Top Expectations

Oct 17, 2007 6:01 AM CDT

Yahoo's Earnings Top Expectations

May indicate new CEO has stopped company's slide

(Newser) - Yahoo reported better-than-expected sales and profits for the third quarter yesterday, pushing its stock up 10% in after-hours trading—despite having fallen 4% during regular market hours. The company pulled in a net income of $151 million, or 11 cents a share, slightly behind earnings for this time last year,...

Swiss Bank Giant Posts Huge Losses Amid Credit Crisis

Oct 1, 2007 3:48 AM CDT

Swiss Bank Giant Posts Huge Losses Amid Credit Crisis

Biggest loser so far in subprime mess

(Newser) - Switzerland's largest bank, UBS, has become the biggest casualty of the worldwide turmoil in the financial markets, reports the Wall Street Journal. The bank is expected to announced today that it has written off $3.4 billion in fixed income assets. UBS is projecting third quarter losses of at least...