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- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- Georgian FM urges Western security guarantees
- Nokia Siemens to manage Zain networks in E.Africa
- BAE plans to ax a further 640 jobs
- Technical glitch halts London stock trading
- China Minsheng bank IPO slides 3 pct in HK debut
- EU charges Philips, others with price-fixing
- Energy agency head praises Obama emissions goal
- Taiwan economy shrinks at slower pace in 3Q
- Malaysia plans 4 percent sales tax by 2011
Among the earnings stories for Thursday, Nov. 12, from AP Financial News:
SEATTLE (AP) — Department store operator Nordstrom Inc. said that its profit rose 17 percent in the third quarter even though its costs were higher than expected as shoppers began spending more.
DALLAS (AP) — Struggling movie rental retailer Blockbuster Inc. said that its third-quarter loss surged more than fivefold as more consumers rented movies by mail or through competitors' vending kiosks instead of driving to its stores.
NEW YORK (AP) — Shoppers' focus on staples such as socks and underwear is driving murky holiday outlooks at Wal-Mart and Kohl's, even as both posted higher third-quarter earnings.
LOS ANGELES (AP) — The Walt Disney Co. posted a surprise 18 percent increase in fourth-quarter earnings in a sign the company is beginning to emerge from an advertising market hit hard by the recession.
NEW YORK (AP) — Oil shipper Knightsbridge Tankers Ltd. said that profit fell in the third quarter as charter rates for its carriers declined.
NEW YORK (AP) — BCE Inc., Canada's largest telecommunications company, said its third-quarter profit more than doubled, helped by lower restructuring costs and taxes.
MINNEAPOLIS (AP) — Shares of Alliant Techsystems Inc. rose modestly after it said its fiscal second-quarter profit climbed 18 percent, helped by stronger sales of ammunition for security forces in Afghanistan.
BETHESDA, Md. (AP) — Satellite phone company Iridium Communications Inc. posted a profit of $15 million for its latest quarter, down 11 percent from a year ago.
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