fourth quarter earnings

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Weight Watchers' Friend Is Its Enemy: Fitness Trackers

Membership, revenue slid in 4th quarter

(Newser) - The booming fitness-tracker trend is making it easier for people to track their activity and therefore lose weight, which is essentially what Weight Watchers has been trying to do since 1961. The company has encouraged subscribers to use devices like Fitbit and Jawbone—and even has its own ActiveLink device.... More »

Target Hack's Price: 46% Drop in Profit

Q4 sales dropped due to scared customers

(Newser) - Target's massive data breach wasn't just a PR disaster for the company, it was a financial one, too. Target announced its earnings today, and blamed the breach for knocking its Q4 profit down 46%. It also said that its sales fell 5.3%, as the breach scared off... More »

GM's 2011 Profit: Biggest Ever

It made $7.6B; that's up 62% over 2010

(Newser) - General Motors earned its highest profit ever last year. The 103-year-old company made $7.6 billion in 2011, up 62% from 2010. Full-year revenue rose 11% to $105 billion. North America led the way with a $7.2 billion pretax profit, but problems surfaced that could hurt future earnings: GM... More »

Chrysler Roars to $225M Profit

Finishes first profitable year since its bankruptcy

(Newser) - Call it a comeback if you want, because it looks like Chrysler is finally back on its feet. Detroit's smallest automaker posted a $225 million profit today to complete its first profitable year since its bankruptcy and bailout in 2009, the New York Times reports. The profit came on... More »

Chrysler Only Lost $199M This Quarter

Expects to be profitable next year

(Newser) - Chrysler lost $199 million in the fourth quarter, but that qualified as good news for the beleaguered automaker—after all, it lost a whopping $2.7 billion over the same period in 2009, the AP reports. The company says it expects to jump to profitability in 2011, setting the stage... More »

Soaring Profits Pull Big Biz Out of Recession

Q4 earnings expected to triple, while consumers stay mired

(Newser) - Corporate America is poised to throw off its almost 3-year-long “earnings recession," despite the plain ‘ol recession still bedeviling much of America. Fourth-quarter reports will begin rolling in this week, and analysts believe they’ll continue the upward trends seen in last quarter’s better-than-expected showing. S&... More »

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