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Net income in the quarter ended May 31 rose 22 percent to $668 million, or 73 cents a share, from $549 million, or 59 cents, a year earlier, Beaverton, Ore.-based Nike said Thursday in a statement. Excluding units sold, profit of 76 cents a share
Hong Kong shares are likely to open higher on Friday, poised for their best week in 2-1/2 years, with Chinese sectors seen more sensitive to growth in the world's second-largest economy set to lead gains as investors look to cover short positions.
Net income on an operating basis increased to $476 million, or 96 cents a share, from $427 million, or 86 cents a shares, a year earlier, the Boston-based company said today in statement. Excluding certain items, 21 analysts surveyed by Bloomberg
Oak Harbor-based Washington Banking Co. noted Thursday that its two acquisitions over the last year helped boost the company's earnings. Washington Banking won a bid to purchase Lynnwood's City Bank after the Federal Deposit Insurance Corp. seized it
Revenue for the quarter increased nearly $1 million to $11.5 million. The Cheswick-based telecommunications company recently has seen some management shake-ups, with President and Chief Executive Officer Edward Kennedy replacing former CEO Joseph
Dow Chemical, the nation's largest chemical manufacturer, says growing economic momentum and sharply higher revenue drove it to a second-quarter profit. But its adjusted earnings came in slightly below Wall Street expectations.
has reported a second-quarter profit compared to a year-ago loss despite significant restructuring charges in the latest second quarter. The producer of specialty chemicals also announced plans to sell up to $250 million in notes as part of a
Dish Network says its first-quarter net income fell 26 percent even as it gained new subscribers with promotions and the results topped Wall Street's expectations. The nation's second-biggest satellite TV provider earned $230.9 million, or 52 cents
Clorox Co. reported on Monday fiscal third-quarter profit of $165 million, or $1.16 a share, from $153 million, or $1.08 a share, in the year-ago period...Analysts surveyed by FactSet Research had expected, on average, earnings of $1.08 a share on
N.J. — Insurer Chubb Corp. on Thursday said its first-quarter profit shot up 36 percent despite a high number of catastrophes during the first three months of the year. Net income for the three months ended March 31 rose to $464 million, or $1.39 per