Profit | featured news

Washington Post Co. reported a 69% rise in third-quarter profit, as the company reported fewer charges and higher revenue at its education and cable television divisions.

The results marked a reversal of fortune for Morgan Stanley, which had reported three consecutive quarterly losses.

Internet giant Yahoo sees its third quarter profits more than treble - despite sales falling by about 12% - as it slashed costs.

Cost-cutting at drug maker Pfizer helps it to increase third-quarter profits despite falling sales of its medicines.

The company continued to post strong gains in the computer segment while its rivals are still struggling to recover from the recession’s impact on consumer spending.

Intel's quarterly profit slid 7.8% on lower sales, but the semiconductor giant posted revenue and gross margin above its guidance.

Dell Inc reported stronger-than-expected quarterly profit on Thursday, showing it was better able to cut costs and protect prices on its products than analysts, or its own executives, had predicted.

The government says it expects to turn a profit of more than $900 million after helping to rescue the troubled bank.

Wal-Mart's earnings were flat on lower same-store sales. The retail giant raised the low end of its fiscal-year outlook and plans to speed up cost-cutting measures.

Freddie Mac reported a surprising profit in the second quarter, but the profit turned to a loss for shareholders after the company paid the U.S. government a $1.1 billion dividend.