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Tag Archives: profits

Twitter is powerful, but where are the profits?

NEW YORK — It can help overthrow dictators. But can it make money? Protesters famously used Twitter to organize during the Arab Spring three years ago. President Barack Obama announced his 2012 re-election victory using the short messaging service. Lady ...

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Comptroller: Wall Street profits may slow

ALBANY — Though Wall Street recorded $10.1 billion in profits for the first half of 2013, New York’s comptroller said Tuesday that federal budget dithering, higher interest rates and litigation may slow earnings for the last half in a securities ...

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Constellation Brands earns $75M profit in 1Q

ROCHESTER (AP) — Constellation Brands Inc. said Thursday its first-quarter profit jumped 52 percent to $75 million on improved wine and spirits sales in North America. The company said its revenue dropped 19 percent to $635 million largely because it ...

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Corning profit rises in 4Q on TV glass sales

Specialty glass maker Corning Inc. said Tuesday its profit surged 41 percent in the fourth quarter, lifted by stronger sales of glass for flat-panel televisions and ultra-strong Gorilla cover glass for cell phones and tablet devices.

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Where are the jobs? For many companies, overseas

Corporate profits are up. Stock prices are up. So why isn't anyone hiring? Actually, many American companies are — just maybe not in your town. They're hiring overseas, where sales are surging and the pipeline of orders is fat.

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Corning earnings soar in 1Q

CORNING, N.Y. — Corning Inc. said Wednesday its profit soared to $816 million in the first quarter on surging sales of LCD glass for flat-panel televisions and computers and highly durable cover glass for ...

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