Disney profit beats Street, no sign economy hurts
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Walt Disney Co's  quarterly profit topped Wall Street targets as Disney World set attendance records and its TV and consumer businesses grew despite a turbulent U.S. economy, while executives said they were "pretty optimistic."
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The Walt Disney Co. on  Wednesday posted a hefty 39% increase in third-quarter profits,  without help from the $790 million worldwide blockbuster  "Pirates of the Caribbean: Dead Man's Chest."
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International Business Machines Corp.  on Tuesday posted a quarterly net profit that beat Wall Street's recently raised target as solid year-end product sales were buoyed by a weaker U.S. dollar.
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International Business Machines  Corp. IBM.N on Tuesday posted a quarterly net profit that  beat Wall Street's recently raised target as solid year-end  product sales were buoyed by a weaker U.S. dollar.
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The Walt Disney Company reported $516 million net income in the quarter ended September 30th, compared to $415 million in the year-ago quarter.
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Investors welcomed an upbeat profit report from Wal-Mart as a sign that consumers might not be as afraid of spending as the market has feared.
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Walt Disney Co.  said on  Wednesday that first quarter net earnings more than doubled  from a year ago, driven by DVD sales of "Pirates of the  Caribbean: Dead Man's Chest" and "Cars" and by the sale of an  E! Entertainment stake.
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Troubled retailer Toys &quot;R&quot; Us Inc. reported Monday that the company swung to a profit in the latest second quarter, compared with a loss in the year-ago period.
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PARIS Euro Disney, which operates two troubled theme parks east of Paris, reported on Tuesday that its net loss widened and that revenue was flat in the fiscal year that ended on Sept.
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United Parcel Service Inc  on Tuesday posted a better-than-expected profit citing growth in its global business, supply chain and freight unit, plus modest growth in its U.S package business despite a "sluggish" economy.
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Disney posted a quarterly profit far ahead of Wall Street targets on strong results at its theme park, media and consumer products groups, sending shares up 5 percent.
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Wal-Mart Stores Inc.  on Thursday affirmed its profit forecast for the current quarter despite lackluster September sales growth.
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McDonaldâs reported a fourth-quarter profit of $1.27 billion on Monday, but warned that sales at restaurants open at least a year were flat last month.
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The companyâs third-quarter profit beat expectations, lifted by an extra week of holiday shopping and sales of video game consoles and GPS devices.
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Stocks were flat on Friday after  reports showed U.S. economic growth in the second quarter  matched economists' forecasts and consumer sentiment picked up  above expectations in late August.
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Nissan Motor Co (7201.T) posted a  surprise 12 percent gain in quarterly operating profit on  Friday as a pickup in its global car sales outweighed rising  commodity prices, and it kept its full-year forecasts  unchanged.
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Stocks were little changed on Thursday, as optimism about technology profits offset disappointing earnings from Bank of America Corp that stoked worries about the extent the credit crunch has hurt the economy and profits.