Profit | featured news

Citigroup posted second-quarter earnings of $2.7 billion Friday, marking its second consecutive profit and beating Wall Street expectations, thanks to improving credit ...

J.C. Penney posted a sharply higher profit, aided by lower pension costs and a modest improvement in sales.

Ford (F) swung to a profit for the first quarter today, earning $2. 1 billion ...

General Electric Co called the end to its two-year slump on Friday, reporting earnings that beat Wall Street forecasts and saying profit should rise through the rest of 2010.

The bank, which is often considered a bellwether, said that it had clawed back to profitability in the first quarter, after two consecutive periods of losses.

JPMorgan Chase reported a $3.3 billion profit for the first quarter Wednesday, even as its results were tempered by ongoing losses in consumer loan portfolios.

Revenue and profit were up at Wal-Mart, but sales fell 0.4 percent at stores open at least a year.

The largest carmaker attributed its unexpected profit to government measures around the world designed to boost sales of environmentally friendly cars and other vehicles.

News Corp reported lower revenue on Wednesday because of advertising declines at its television stations and newspapers, while profit rose because of stronger performance at its cable television, movie and book units as well as cost cuts.

Automaker says earnings were fueled by cost cuts and Cash for Clunkers rebates.