Topic: Earnings and Losses
KongZhong shares rise on strong report
AP News
KongZhong shares rise on quarterly profit jump and strong first-quarter revenue outlookShares of KongZhong Corp. jumped on Wednesday after the Chinese wireless entertainment company reported sharply higher fourth-quarter profit and revenue. The company also gave a strong first-quarter revenue outlook. U.S.-listed shares of KongZhong rose $1.81, or ...
Guess 4Q profit up 80 percent, sales improve
AP News
Guess 4th-quarter profit climbs 80 percent, sales improve to handily beat Street estimatesGuess Inc. said on Wednesday that its fiscal fourth-quarter profit rose more than 80 percent on sales increases throughout the apparel maker's business segments. In the three months ending Jan. 30, the company earned $86.6 million ...
WellPoint: enrollment, income to fall in 2010
AP News
WellPoint says net income will fall in 2010 as economy pressures enrollmentHealth insurer WellPoint says it expects net income to fall as much as 11 percent this year as enrollment falls by about 400,000 patients. The Indianapolis-based company affirmed its previous guidance of at least $6 per share in ...
Metro 2009 net income falls 7 percent
AP News
German retailer Metro net income down 7 percent in 2009 to $716 millionGerman retailer Metro AG said Wednesday its 2009 net income fell 7 percent to euro519 million ($716 million) as the economic downturn cut into sales at most divisions, including its Kaufhof department stores and Cash & Carry wholesale ...
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