Revenue, Profit | featured news

German carmaker BMW says 2012 was the best year in its history after it posted a rise in profits and record revenues.

Washington Post posted a profit as the company recorded fewer restructuring charges, although revenue was flat as its education division continued to struggle.

Pharmaceutical giant Pfizer Inc. says revenue in the third quarter jumped 39 percent due to its acquisition of fellow drugmaker Wyeth, but hefty charges dragged its profit down 70 percent.

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

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.

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.

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