Citigroup Profit Rises, Cautious on 2005
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Citigroup Inc. on Thursday said  quarterly profit rose 12 percent as consumer and investment  banking grew, but said it sees 2005 profit at the low end of  Wall Street estimates due to rising interest rates and other  factors.
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American Express has seen its quarterly profits climb again, after higher spending on its credit cards.
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Novell Thursday posted a quarterly profit as revenue rose, but the company warned that spending on information technology by companies remained weak.
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Citigroup Inc., the world's largest  financial services company, on Thursday said fourth-quarter  profit rose 12 percent, helped by growth in its consumer and  investment banking businesses.
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US stocks gained on optimism that third-quarter earnings this week from companies including Citigroup Inc. and Bank of America Corp.
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Aetna Inc. AET.N on Thursday posted a  steep rise in quarterly profit as the health insurer boosted  its forecast for the rest of this year and gave a 2005 profit  estimate above analysts' views, pushing shares up 5 percent.
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Citigroup Inc. C.N, the world's  largest financial services company, on Thursday said  fourth-quarter profit rose 12 percent, helped by growth in its  consumer business.
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DaimlerChrysler&#39;s third-quarter operating profit rose 7 percent, just below analyst expectations, as gains at US arm Chrysler helped offset weaker earnings at premium automaker Mercedes.
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HONG KONG China Telecom, the publicly traded unit of China&#39;s biggest fixed-line operator, said Wednesday that profit in the first half of the year rose 13 percent after it bought networks from its parent and expanded a service that competes for mobile
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Lehman Brothers Holdings Inc.  on Tuesday said quarterly profit rose 27 percent, beating expectations, on surging revenue from bond underwriting and stock trading.
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CIGNA Corp. said net income rose sharply in the third quarter, reflecting increased earnings in its health care segment and a gain from the sale of a retirement benefits business.
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MINNEAPOLIS - Best Buy Company Inc. said on Wednesday that third-quarter earnings rose 21 percent, but gave hints that profits during the holiday selling season may not be quite what analysts were hoping for.
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Carrefour, the world&#39;s No. 2 retailer said Wednesday that its profit increased 5.3 percent in the first half of the year, as robust international operations and lower finance costs helped it ride out tough conditions at its core French superstores.
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Bank of America Corp. and other large U.S. banks on Thursday reported higher quarterly profits, as rising fees offset deteriorating credit quality.
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Morgan Stanley  on Wednesday  said quarterly earnings rose on strong trading and merger  activity, as the largest U.S. investment bank continued its  turnaround from a tumultuous 2005.
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U.S. stocks gained on Friday, lifted by government data showing stronger-than-expected job growth last month and a surge in the shares of Citigroup Inc.
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Lehman Brothers Holdings Inc. (LEH.N: Quote, Profile, Research) on Wednesday said quarterly profit rose 22 percent on resilient fixed-income revenue, record