Profit, Third Quarter Earnings | featured news

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

Finally moving beyond a trading debacle that has stained his once-stellar reputation, Jamie Dimon, JPMorgan Chase’s chief executive, on Friday trumpeted a strong quarter of earnings stemming from a surge in mortgage lending.

Verizon's third-quarter profit more than doubled as the telecommunications giant reported improved margins and wireless-subscriber growth.

General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.

General Motors says it made $2 billion in the third quarter, a strong showing that helps the company's pitch to investors who may buy stock in an initial public offering.

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

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.

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