Cisco to buy Starent Networks for $2.9B, betting on mobile Internet demandOctober 13th, 2009 Cisco to buy Starent Networks for $2.9BSAN JOSE, Calif. — Cisco Systems Inc.
Chipmaker Marvell Technology's 2nd-quarter profit falls 18 pct as revenue declines 24 pctAugust 28th, 2009 Chipmaker Marvell's 2Q profit falls as sales dropSANTA CLARA, Calif. — Marvell Technology Group Ltd., which makes chips used in phone networks, said Thursday its second-quarter net income fell 18 percent to $58.5 million as revenue slumped.
Hormel 3Q profit rises 49 percent as it improves operating profit; beats analyst expectationsAugust 20th, 2009 Hormel 3Q profit rises 49 pct on lower costsAUSTIN, Minn. — Hormel Foods says its third-quarter profit rose 49 percent to beat analyst expectations.
CBS Corp. 2nd quarter net profit falls 96 percent on advertising weaknessAugust 6th, 2009 CBS 2Q net profit slumps 96 percent on weak adsNEW YORK — CBS Corp. said Thursday its second-quarter net profit fell sharply as softness in the advertising market continued.
Scripps Networks Interactive posts 2Q profit jump driven by fee revenueAugust 6th, 2009 Scripps Networks Interactive posts 2Q profit jumpCINCINNATI — Scripps Networks Interactive Inc. posted a 49 percent jump in second-quarter profit Thursday, driven by strong fee revenue from its television affiliates.
CVS Caremark's 2nd-quarter profit rises 15 percent on better pharmacy, retail salesAugust 4th, 2009 CVS Caremark 2Q profit jumps 15 percentNEW YORK — CVS Caremark, one of the nation's biggest drugstore operators, says its second-quarter profit rose 15 percent, helped by strong pharmacy benefits revenue and a later Easter. The Woonsocket, R.I., company said Tuesday it earned $886.5 million, or 60 cents per share, in the three months ended June 30.
HMS Holdings net income rises 33 percent in 2nd quarterJuly 31st, 2009 HMS Holdings 2nd-quarter profit risesNEW YORK — HMS Holdings Corp., which provides cost-recovery services to government health care programs, said Friday second-quarter profit rose 33 percent as more Medicaid agencies became clients. Quarterly profit totaled $6.6 million, or 24 cents per share, from $5 million, or 19 cents per share, last year.
Colgate-Palmolive 2Q profit rises 14 percent as toothpaste maker controls expensesJuly 30th, 2009 Colgate-Palmolive 2Q profit rises on lower costsNEW YORK — Consumer products maker Colgate-Palmolive said Thursday its second-quarter profit rose 14 percent even as sales fell, and it beat analysts' profit predictions as it held costs in check. The New York-based maker of toothpaste, dish soap and Hill's Science Diet pet food earned $561.6 million, or $1.07 per share, in the quarter that ended in June.
Time Warner Cable 2Q profit rises on higher subscription revenueJuly 29th, 2009 Time Warner Cable 2nd-quarter profit risesNEW YORK — Time Warner Cable Inc., one of the nation's biggest cable TV system operators, said Wednesday higher subscription revenue helped boost its second-quarter profit by 14 percent, beating Wall Street expectations. Quarterly profit rose to $316 million, or 89 cents per share, in the three months ended June 30, up from $277 million, or 85 cents per share, a year ago.
F5 Networks net income rises in 3rd quarter, ahead of expectations, on better salesJuly 23rd, 2009 F5 Networks 3rd-quarter profit risesSEATTLE — F5 Networks Inc., which makes products that manage and route computer network traffic, said Wednesday profit for the fiscal third quarter rose 19 percent as demand appeared to stabilize. Its shares rose $1.42, or 4 percent, to $37.25 during aftermarket trading.
F5 Networks expects 4th-quarter profit above analyst expectationsJuly 23rd, 2009 F5 Networks offers 4Q outlook above expectationsSEATTLE — F5 Networks Inc., which makes products that manage and route computer network traffic, said Wednesday it expects fiscal fourth-quarter profit above analyst expectations. The Seattle-based company said it predicts a fourth-quarter profit of 40 cents to 42 cents per share, excluding a stock-option expense, while analysts polled by Thomson Reuters predict a profit of 38 cents per share.
Baxter International's 2nd-quarter profit rises 8 percent as better margins offset sales dropJuly 16th, 2009 Baxter 2Q profit rises 8 percent on marginsDEERFIELD, Ill. — Specialty drug and medical device maker Baxter International Inc.
SAIC 1st-quarter profit rises 13 percent on strong revenue growth; backs outlookJune 3rd, 2009 SAIC 1st-quarter profit rises 13 percentWASHINGTON — SAIC Inc. says its first quarter profit grew 13 percent as revenue soared on U.S.
VeriSign reports 1st-quarter profit on boost in revenue, lower restructuring costsMay 9th, 2009 VeriSign reports 1Q profit on revenue, lower costsMOUNTAIN VIEW, Calif. — VeriSign Inc., which provides Internet infrastructure services, said Thursday it posted a first-quarter profit on a boost in revenue and lower expenses.
Singapore's Keppel Corp. first-quarter profit rises 9 percent as income from oil rigs jumpsApril 24th, 2009 Oil rig builder Keppel says 1Q profit rises 9 pctSINGAPORE — Singapore's Keppel Corp., the world's largest builder of offshore oil rigs, said first quarter net profit rose 9 percent from a year earlier as rig income grew. Keppel reported late Thursday a net profit of 285 million Singapore dollars ($190 million) for the three months ended March 31, compared with S$262 million a year earlier.
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