Tag Archives: net income

Time Warner 3Q net income up 44 pct

NEW YORK — Time Warner on Wednesday posted a big jump in third-quarter net income, helped by continued popularity of its cable network shows. Chairman and CEO Jeff Bewkes said the company saw a significant payoff during the recent quarter ...

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Lower joint venture income hit Corning in 3Q

CORNING — Glass maker Corning said Wednesday that its net income fell 23 percent in the third quarter on lower earnings from its joint venture with Samsung, which Corning is buying out. The company gave a disappointing forecast for the ...

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Fannie Mae posts $10.1B net income for 2Q

WASHINGTON — Mortgage giant Fannie Mae earned $10.1 billion in the second quarter, aided by the recovery in the housing market. The government-controlled company has turned a profit in each of the past six quarters. Fannie said Thursday it will ...

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Constellation Brands profit drops, misses view

VICTOR — Constellation Brands’ net income dropped 27 percent in its fiscal first quarter, partly pressured by costs related to its acquisition of Grupo Modelo’s beer business. The wine, beer and liquor company also boosted its 2014 earnings forecast, citing ...

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Freddie Mac posts $2.9B net income for Q3

WASHINGTON — Mortgage giant Freddie Mac posted net income of $2.9 billion for the July-September quarter, its second straight profitable quarter. The government-controlled company attributed the gain to rising home prices and fewer mortgage delinquencies. Freddie paid a dividend of ...

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Freddie Mac posts $1.2B net income for 2Q

WASHINGTON, D.C. — Government-controlled mortgage giant Freddie Mac posted net income of $1.2 billion for the second quarter and isn’t requesting any additional federal aid for the period. The government rescued Freddie and larger sibling Fannie Mae in September 2008 ...

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Barnes & Noble 3Q net income falls

NEW YORK CITY — Book seller Barnes & Noble's third-quarter revenue rose, but its net income fell 25 despite higher revenue as it continued to invest in its online operations and Nook e-readers, the company said Tuesday.

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