Whole Foods' Profit Rises 33% Whole Foods Market reported a 33% rise in quarterly earnings on higher sales, and the natural-foods supermarket raised its full-year outlook.
News Corp. Profit Rises News Corp. reported a 65% jump in second-quarter earnings, driven by continued growth at its filmed and cable network divisions.
Cisco's Profit Up Amid Restructuring Cisco reported a big jump in profit, its first such gain in a year, as the company's turnaround plan seems to be having positive effects.
Time Warner's Net Edges Higher Time Warner reported a slight increase in fourth-quarter earnings as the TV, movie and publishing company continued to benefit from its efforts to monetize content more effectively. The company also announced a $4 billion stock buyback and an 11% dividend increase. .
Groupon Growth Not Good Enough Score one, but only one, for Groupon.
Walnuts Leave Diamond in the Rough Diamond Foods removed two top executives and restated earnings after an accounting investigation, casting serious doubt on plans to acquire the Pringles potato-chip business from Procter & Gamble. Profits are likely to take further hits.
Lenovo Net Profit Surges 54% Chinese computer maker Lenovo Group said its third-quarter net profit rose 54% from a year earlier, but warned that it expects a global hard disk drive shortage to continue into the next quarter, potentially impacting its margins.
Groupon's Growing Pains Groupon reported a surprise net loss for the fourth quarter. Shares fell more than 10% after hours.
Telstra Posts 23% Profit Rise Australia's largest telecommunications company, Telstra, said first-half profit rose 23% as it continued to attract more customers and make cost savings.
Visa Profit Rises as Card Use Jumps Visa posted a 16% increase in fiscal first-quarter profit as the credit-card processor continued to benefit from consumers' increased use of plastic.
Nissan Gains a Step on Japanese Rivals Nissan posted a higher quartelry profit and reaffirmed its full-year estimate, positioning itself as the most profitable of Japan's three major auto makers.
Reckitt to Realign for Growth Reckitt Benckiser said it is shifting its focus to booming emerging markets as the consumer-goods and health-care giant posted a 26% jump in fourth-quarter earnings.
Sanofi Warns on 2012 Earnings Sanofi warned earnings would fall in 2012 as the French drug maker loses patent protection in the U.S. on some of its blockbuster drugs.
Sprint's Loss Widens Sprint Nextel posted a wider loss, though subscriber growth helped boost the wireless carrier's revenue.
Vestas Shake-Up Intensifies Vestas said its chairman and deputy chairman will step down, hard on the heels of the resignation of its financial chief, as the world's biggest maker of wind turbines swung to a larger than forecast net loss in 2011.
ICE Sees Strong Revenue Growth in 2012 IntercontinentalExchange executives said they expect 2012 revenue to grow by at least 10%. The derivatives exchange operator reported a 28% gain in quarterly profit.
CVS Earnings Rise 3.7% CVS Caremark's fourth-quarter profit rose 3.7% as pharmacy-services and retail revenue grew.
Concession Smooths Way Toward a Greek Deal The ECB made key concessions over its holdings of Greek bonds, which will contribute to a reduction of the country's debt burden and smooth the path toward a new bailout.
Reynolds Profit Grows Reynolds American said fourth-quarter earnings rose 16% as higher prices and productivity improvements helped lift operating margins, offsetting a decline in cigarette volume.
NBA Labor Dispute Hurts MSG Profit Madison Square Garden Co. said fiscal third-quarter earnings fell 22% as the NBA's work stoppage hurt the media-and-sports company's revenue.
Ralph Lauren Forecasts Strong Sales Ralph Lauren Corp. reported flat earnings as higher taxes and costs damped better-than-expected revenue growth. But investors were cheered by a forecast for continuing strong sales.
Jones Group Posts Smaller Loss Jones Group reported a narrower fourth-quarter loss as materials costs showed a decline. Revenue rose, but was held back by promotional activity.
ONGC Profit Falls 5% Oil & Natural Gas Corp posted a larger-than-expected drop in quarterly net profit, as the state-run explorer gave three times more discounts on crude oil to government-owned refiners, offsetting the benefits of higher oil prices and a royalty reimbursement.
Tech Mahindra Profit Rises 7.4% Tech Mahindra said its third quarter net profit rose 7.4%, aided by a surge in gains from associate Satyam Computer Services, even as a weak British pound and flat business volume weighed on the company.
Moody's Profit Falls 30%; Outlook Upbeat The ratings and analytics company's expenses in the fourth quarter again overpowered solid revenue.
Bharti Airtel Profit Drops 22% Bharti Airtel posted its eighth straight quarter of a lower net profit that also missed market expectations, as a surge in depreciation and tax expenses outdid gains from tepid call-traffic growth and higher tariffs.
Toyota Talks Up Despite Down Quarter Toyota lifted its full-year net income forecast, but expects its earnings to come in at nearly half the level of last year, and below the profitability projections of its smaller Japanese rivals.
BP Raises Dividend on Profit Increase BP raised its dividend for the first time since it resumed payouts in the wake of the Deepwater Horizon tragedy, as the U.K. energy giant reported earnings that beat expectations.
UBS Will Slice 60% From Bonuses UBS said it will slash its investment-bank bonuses for 2011 by 60%, while the head of the unit will forgo any bonus following a trading scandal in September that cost the bank $2.3 billion.
Coke to Spend More on Marketing Coca-Cola plans to plow up to $650 million in new, annual cost savings back into supporting growth for its brands.
Arcelor Sees Tentative Recovery ArcelorMittal said it expects steel shipments to remain flat in the first half but that mining production will increase 10% as the company expands in the natural-resources sector.
U.S. Companies Look Homeward U.S. manufacturers are adding capacity at home, replacing aging equipment and even moving production back from overseas.
BHP Posts Higher Revenue, Lower Net BHP Billiton reported a 5.5% drop in profit and said it expects volatility in commodity markets to persist given Europe's debt crisis and weakness in manufacturing and construction across key markets.
Glaxo Repatriates Euro-Zone Cash Glaxo has been funneling cash back to the U.K. daily from banks in euro-zone countries as part of its strategy to reduce exposure to risks of a possible breakdown of the European monetary system.
Big U.S. Firms Sidestep Euro-Crisis Damage Survey shows U.S. companies' revenue from Europe rose in fourth quarter, but firms are expected to face more trouble there.
Hartford's Profit Slides as Lincoln National Swings to Loss Hartford Financial Services Group's fourth-quarter earnings fell 79% to $127 million, driven by investment losses and the rising cost of workers' compensation claims. Lincoln National swung to a loss as impairment charges weighed on the life-insurance and annuity company's bottom line.
Cotton Costs Hurt Levi Cotton costs weighed on Levi Strauss, whose profit fell 49% in the fiscal fourth quarter. Results were also skewed by a year-earlier tax benefit.
Lagardère Warns of Write-Down Lagardère warned of a substantial impairment charge on its sports division, the latest setback in the media-to-defense conglomerate's plan to dominate the sports marketing.
Cost Cuts Lift McClatchy McClatchy's fourth-quarter earnings nearly tripled as cost cutting at the newspaper publishing company helped to mitigate declining advertising and circulation revenue.
NAB Reviews UK Operations National Australia Bank said it is reviewing its operations in the U.K., where it owns more than 300 bank branches, after abandoning hopes of a near-term economic recovery there.
Lazard Pays for Previous Largess Wall Street makes nothing simple. Pay is no different. Investment bank Lazard is a case in point.
Lazard Swings to Loss Lazard swung to a loss in the fourth quarter as the investment bank struggled with a slump in advisory revenue and higher-than-expected compensation costs despite slashing year-end bonuses.
HCA's Profit Soars on Acquisition Gain HCA's earnings soared behind a big acquisition-related gain, plus help from continued growth in patient volumes and the hospital operator's cost-cutting efforts.
Humana's Net Jumps 86% Humana's earnings surged 86% as the health insurer continued to benefit from membership growth and light use of health benefits.
Hasbro's Net Edges Lower Hasbro's earnings slipped as the toy maker booked double-digit sales declines in the girls and games categories.
Anadarko Swings to Loss on Deepwater Horizon Charges Anadarko Petroleum swung to a fourth-quarter loss on Deepwater Horizon-related settlement charges and asset write-downs.
Suzuki's Net Falls 4.7% Suzuki Motor said net profit for the first nine months of its fiscal year fell 4.7%, squeezed by the strong yen and slumping sales in India.
NTT Posts 56% Slump in Profit NTT, Japan's biggest telecommunications-service company, said its net profit for the fiscal third quarter fell 56% due to a write-down in tax assets.
Hindustan Unilever Beats View Hindustan Unilever, India's largest consumer goods maker by sales, beat market estimates with an 18% jump in net profit for the quarter through December, but failed to impress investors as its sales didn't match expectations.
CNA Financial Profit Falls 37% CNA Financial reported a 37% decline in profit as the insurer recorded a wider operating loss in its noncore life and group lines of business.
