its-profit

Health costs and buyout trim Walgreen 3Q profit (AP)

AP - Walgreen Co., the biggest U.S. drugstore chain, said Tuesday its profit sank 11 percent in the third quarter because of changes to the nation’s health care rules and a $623 million buyout of rival Duane Reade.

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Health costs and buyout trim Walgreen 3Q profit
(AP)

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Kraft 1Q net income soars on Cadbury (AP)

AP - Kraft Foods Inc. said Thursday its profit jumped in the first quarter as its core business grew and it began to integrate Cadbury, the British candy maker it acquired in February for $19.5 billion.

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Kraft 1Q net income soars on Cadbury
(AP)

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Greece OKs Austerity But Fears Still Flaring (Investor’s Business Daily)

Investor’s Business Daily - Greece’s parliament approved sweeping spending cuts and tax hikes Thursday, but contagion fears continued to roil global markets as the European Central Bank declined to offer new help.

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Greece OKs Austerity But Fears Still Flaring
(Investor’s Business Daily)

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Lawmakers still trying for school retirement deal (AP)

AP - Michigan lawmakers said Thursday that a potential money-saving plan aimed at coaxing thousands of public school employees into retirement this summer hasn’t yet failed.

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Lawmakers still trying for school retirement deal
(AP)

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WellPoint 1Q profit rises on consumer business (AP)

AP - Health insurer WellPoint Inc. said Wednesday its profit jumped 51 percent in the first quarter as it did more government business and the weak flu season led to lower medical costs.

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WellPoint 1Q profit rises on consumer business
(AP)

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Ousted Russian investor wants to help finance Saab (AFP)

AFP - Russian billionaire Vladimir Antonov, forced out of Dutch carmaker Spyker before it bought Saab from General Motors, said in comments published Saturday that he wants to help finance the new company.

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Ousted Russian investor wants to help finance Saab
(AFP)

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LifePoint Hospitals 4Q profit climbs on admissions (AP)

AP - LifePoint Hospitals Inc., a rural hospital operator, said Friday its profit rose 36 percent in the fourth quarter despite the weak economy, as outpatient treatment increased.

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LifePoint Hospitals 4Q profit climbs on admissions
(AP)

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Amgen 4Q profit rises 1 percent with sales steady (AP)

AP - Biotechnology company Amgen Inc.

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Amgen 4Q profit rises 1 percent with sales steady
(AP)

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RIM results, outlook disappoint, shares tumble (Reuters)

Reuters - BlackBerry maker Research In Motion said on Thursday its profit dropped and gave an outlook that fell short of analyst forecasts heading into the holiday shopping season, sending its shares down almost 10 percent.

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RIM results, outlook disappoint, shares tumble
(Reuters)

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Citigroup U.S. retail bank focusing on 6 cities (Reuters)

Reuters - Citigroup Inc’s U.S. retail banking business plans to focus its marketing efforts on six cities, a source familiar with the matter said, but the bank’s chief executive said he does not plan to dramatically shrink its branch network.

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Citigroup U.S. retail bank focusing on 6 cities
(Reuters)

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