Roche net income beats expectations
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Swiss drugmaker Roche beat forecasts  with a 37 percent rise in first-half net income to 4.543  billion Swiss francs ($3.62 billion), boosted by bumper growth  in its cancer drugs.
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International Business Machines Corp.  on Tuesday posted a quarterly net profit that beat Wall Street's recently raised profit target as solid year-end product sales were buoyed by a weaker U.S. dollar.
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Goldman Sachs and Lehman Brothers yesterday posted higher-than-expected quarterly profits, fuelled by surprising strength in bond trading and investment banking growth.
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YESTERDAY Close $54.13 Change -$1.32 52-WEEK High $61.60 Low $53.22 Drug maker Novartis AG posted an 18 percent rise in second-quarter earnings, led by strong sales across its divisions.
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Goldman Sachs Group Inc. and Lehman Brothers Holdings Inc. on Tuesday posted higher-than-expected quarterly profits, fueled by surprising strength in bond trading and investment banking growth.
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The results surpassed Wall Street's expectations in both sales and profit, with fourth-quarter earnings reaching $3 billion for the first time in the company's history.
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The smoothie giant serves up better-than-expected profits.
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German drugs and chemicals group Merck has reported quarterly earnings that have easily beaten forecasts thanks to strong sales of cancer drug Erbitux and a one-off payment for an alcoholism drug.
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Goldman Sachs Group Inc  said on Thursday that quarterly profit surged 79 percent, blowing away expectations of weak results, as the investment bank generated its second-highest revenue ever despite turbulent summer markets.
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MetLife expects the transaction to have a positive impact to net income of between $145 million and $165 million. Shares of New York-based BlackRock, an investment management firm, rose $1.
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The desktop publishing software maker said its fiscal fourth-quarter profit and sales rose to beat Wall Streetâs expectations, fueled by strong sales of Creative Suite 3 and Acrobat.
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French insurance group AXA reported on Thursday an 18.0-percent rise in annual net profit to 5.1 billion euros (6.69 billion dollars), boosted by a strong performance from its life assurance activities.
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Financial services giant American Express Co. said Monday that third-quarter earnings rose to meet Wall Street expectations. Net income increased to $879 million, or 69 cents per share, from $770 million, or 59 cents per share, a year ago.
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The company said first-quarter profit rose 55 percent, beating Wall Streetâs expectations, as lofty crop prices stoked global demand for its agricultural equipment.
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The company reported fourth-quarter net income on higher commercial airplane deliveries and strong growth in defense earnings, beating Wall Streetâs expectations.
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Pharmaceutical group Sanofi-Synthelabo said it had increased net profit in the first half of the year by 20.6 percent from the same period last year to 1.138 billion euros (1.38 billion dollars).
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Investment banks Goldman Sachs and Lehman Brothers yesterday surprised analysts by posting better than expected third-quarter profits.