Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

The Seattle Times

Business / Technology


Our network sites seattletimes.com | Advanced

Originally published Thursday, October 22, 2009 at 3:26 PM

Comments (0)     E-mail E-mail article      Print Print view      Share Share

Earnings roundup: Amazon.com, McDonald's

Among the earnings stories for Thursday, Oct. 22, from AP Financial News:

The Associated Press

Among the earnings stories for Thursday, Oct. 22, from AP Financial News:

SAN FRANCISCO (AP) - Amazon.com Inc. shares surged after the company said its third-quarter profit soared 62 percent, showing that consumers are comfortable opening their wallets to the online retailer despite the still-shaky economy.

CHICAGO (AP) - McDonald's Inc., a notable winner from the recession because of its cheap menu, cautioned that the company could post disappointing U.S. sales figures in October.

NEW YORK (AP) - The country's second-largest railroad, Burlington Northern Santa Fe Corp., said its third-quarter earnings dropped 30 percent because people still weren't buying more goods in stores and industrial production continued to sputter.

EXTON, Pa. (AP) - Medical technology company Kensey Nash Corp. said its fiscal 2010 first-quarter profit fell slightly on flat biomaterial sales and lower royalty income.

WASHINGTON (AP) - Raytheon Co. said profit rose in the third quarter on increased demand for the defense contractor's Patriot missile by foreign governments concerned about potential threats from other countries, and for its soldier training programs.

NEW YORK (AP) - Shares of Core Laboratories NV, which provides services to the oil and gas industry, rose after the company reported third-quarter profit above Wall Street expectations.

FREMONT, Calif. (AP) - Better-than-expected sales helped Logitech International post a smaller decline in quarterly profit that Wall Street expected, and shares rose to a new year high.

MILWAUKEE (AP) - Engine and power tool maker Briggs & Stratton Corp. said its fiscal first-quarter loss more than quadrupled due to a less favorable tax rate and falling sales at both its engine and power product segments.

MANHATTAN BEACH, Calif. (AP) - Shoe company Skechers USA Inc. said its third-quarter earnings declined 15 percent but still topped Wall Street expectations, as did revenue, on strong demand for fall merchandise.

E-mail E-mail article      Print Print view      Share Share

More Business & Technology

UPDATE - 12:30 AM
World stocks rise as Europe debt crisis fears ease

RealNetworks makes key play with Rhapsody spinoff

Alaska Air dropping Jones Soda beverages, going back to Coca-Cola

Lots of Buzz over Google latest bid at social networking

Cheaper brands of liquor taste better in tight economy

More Business & Technology headlines...

No comments have been posted to this article. Start the conversation.

advertising


Get home delivery today!

Video

Advertising

AP Video

Entertainment | Top Video | World | Offbeat Video | Sci-Tech

Marketplace

Open Houses

Find this weekend's open house listings.
Or search by location:

nwautos

Fatal crashes are down in Washington, and a national used-car database goes onlinenew
Associated Press Study: Fatal crashes down in Washington Last year Washington's roads were the scene of the fewest fatal crashes since 1955. According...
Post a comment

 
Most read
Most commented
Most e-mailed
 
 

Most viewed imagesMore

Advertising