Posts Tagged ‘fourth quarter’

Samsung says it expects profits to double

Samsung Electronics says it anticipates its profits for the first quarter of the year will almost double over profits for the fourth quarter of last year. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Chrysler posts $225 million profit

Chrysler reported Wednesday that it earned $ 225 million in the fourth quarter, capping a turnaround for the struggling automaker. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Ontario’s GDP pops in Q4

Ontario posted above-average growth in the fourth quarter of 2010, thanks to improved business spending, according to new figures released Thursday. View full post on Canada Business Stories

Interactive Brokers Downgraded

We have downgraded our long-term recommendation on Interactive Brokers to Underperform from Neutral based on the company’s mediocre fourth quarter 2010 results. View full post on Business Stories

General Electric 4Q Up 51 Percent

Kris Alingod – AHN News Contributor Fairfield, CT, United States (AHN) – General Electric rose more than 5 percent on Friday after reporting better-than-expected earnings for the fourth quarter. The Connecticut-based company said profit for the end of 2010 was $4.5 billion, or 42 cents a share, up 51percent from last year’s $3 billion or […]

China Asset’s Wang Yawei Boosts Property Stocks

China Asset Management Co., the nation’s biggest mutual fund company, boosted its holdings in property stocks in its flagship fund in the fourth quarter even as the government tightened policies to curb asset bubbles. View full post on Finance Stories

Fifth Third Bancorp Posts Q4 Profit; To Repay TARP

Fifth Third Bancorp (FITB), Wednesday reported a profit for the fourth quarter as compared to a loss last year, on higher revenues. Earnings for the quarter came in ahead of Street estimates, while revenues came in line with expectations. View full post on Business Stories