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Earnings roundup: Dell, TD Bank


Published :
Fri, 30 Nov 2007 00:45
By : Agencies
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(AP) - Among the earnings stories for Thursday, Nov. 29, from AP Financial News:

DALLAS (AP) -- Dell Inc. said earnings grew 27 percent in the third quarter, buoyed by growth in overseas markets like Brazil and by prices falling for memory chips and other components.

TORONTO (AP) -- Canadian financial services company TD Bank Financial Group said Thursday its fourth-quarter profit rose because of growth in U.S. and Canadian banking and a gain related to its shares of Visa Inc.

LOS ANGELES (AP) -- Warner Music Group Corp.'s latest financial results reflect the dilemma of the recording industry as CD sales remain in free-fall and digital sales fail to offset those declines.

NEW YORK (AP) -- Clothing and apparel maker J. Crew Group Inc. said Thursday its third-quarter profit rose 3.2 percent on higher retail, Internet and catalog sales, beating Wall Street expectations.

PITTSBURGH (AP) -- H.J. Heinz Co., one of the world's largest food companies, said Thursday its fiscal second-quarter earnings climbed nearly 19 percent as strong sales in Europe and emerging markets helped offset rising commodity costs.

NEW YORK (AP) -- Shares of Zoltek Cos., which makes carbon fibers used in wind turbine blades, car parts and sports equipment, surged Thursday after the company reported fourth-quarter results and an analyst called stock weakness a buying opportunity.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.




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