quarterly earnings

ING's Net Profit Soars

Dutch financial-services company ING Groep's quarterly net profit jumped as strong results at its banking arm offset a weaker performance for insurance.

Senh: At least one financial institution's doing well.

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U.S. Postal Service reports $3.5-billion loss, sees more red ink in future

The agency predicts a cash shortfall for 2011 after net losses in 14 of the last 16 fiscal quarters. The U.S. Postal Service reported a quarterly net loss of $3.5 billion Thursday and said it will likely have a cash shortfall going into 2011.

Southwest's Profits Head North

Airline outperforms industry rivals as low-cost tickets, no-fee bag policy attract recession-weary travelers.

Senh: Now, what a surprise - the airline who's not trying to nickel-and-dime their customers is the top performer. Hint to other airlines - um, you'll get more customers if you drop the baggage fees. I once saw Pixar director Brad Bird on Southwest. If it's good enough for him, it's good enough for me.

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Higher Oil Prices Help Exxon Top Forecasts

The oil giant’s second-quarter income nearly doubled as oil prices and margins to process crude into fuel rebounded.

Ford profit tops Street view; shares climb

Ford Motor Co F.N posted a stronger-than-expected quarterly profit of $2.6 billion and said it was on track for higher earnings and lower debt in 2011, sending its shares up 3 percent in premarket trade.

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Senh: That's good to hear. At least one U.S. auto company is doing well.

Windows 7 Boosts Microsoft

Microsoft's profit climbed 48% as the software giant benefited from a strong response to the Windows 7 operating system.

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AT&T Earnings Rise 26%

AT&T reported a 26% increase in second-quarter earnings amid an investment gain, lower costs and fewer customer defections.

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Apple reports $3.25 billion profit on strong iPhone sales

Apple on Tuesday reported a $3.25 billion profit for its fiscal third quarter of 2010.

Senh: Very impressive. I wonder how the recent iphone 4 antenna issues affected sales. Still, gotta give it to Steve Jobs. The guy just keeps on creating one innovative product after another.

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Yahoo! Searches For Growth, Finds Little

The online media company shows flat revenue and sees little growth ahead. Ouch. Yahoo! reported net income for the quarter ended June 30 of $213 million, or 15 cents per share, a 51% increase over the year ago quarter and beating Street’s consensus. Analysts’ consensus leading up to the quarterly earnings report had the online media company coming in at 14 cents per share on revenue of $1.6 billion. Though beating the predictions, Yahoo! failed to deliver impressive growth on revenue; posting the expected $1.6 billion this quarter, up 2% from the same period last year.

Senh: Sure, Yahoo! might not be growing, but at least it's stable, and it's still one of the top properties on the web. As long as it's turning a profit, and it continues to turn a profit, it's doing ok. Not everyone can be the new hot thing like Facebook. Sure, Facebook is growing in users, but it's revenue is still significantly behind Yahoo's. Will it ever catches up to Yahoo? Not sure, Facebook is already the most visited site in the U.S. How much bigger can it get? It's revenue is still low in proportion to its traffic.

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Gannett Posts Higher Profit

Gannet reported a sharply higher profit with a boost from tax gains, while declines in print-advertising revenue eased.

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