fourth-quarter love


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  • Last month, Harley reported its fourth-quarter loss narrowed sharply on sharply lower restructuring expenses and as its financial services business returned to profitability.

    Harley-Davidson Wraps Up Labor Negotiations

  • AIG said last week Chartis had a fourth-quarter underwriting loss, even when a previously announced charge to bolster the company's reserves was excluded.

    S&P Cuts Rating on AIG's Property-Casualty Unit

  • SAO PAULO— TAM SA, Brazil's largest airline, reported a fourth-quarter net profit of 150.6 million Brazilian reais $90.5 million, up 7.9% from 139.6 million reais a year earlier, as revenue increased in the period.

    TAM Posts 7.9% Profit Rise, Orders 34 Jets

  • The Irish airline also said it posted a fourth-quarter pretax loss €32 million, after a loss of €134.8 million a year earlier, driven lower by charges relating to its redundancy scheme.

    Business Watch

  • ROME— Luxottica Group SpA said Monday its fourth-quarter net profit rose 88%, and the parent of the Sunglass Hut chain predicted a strong 2011 as consumers flock back to high-end brands.

    Luxottica's Profit Climbs 88%

  • Liberty Media Corp., the conglomerate controlled by mogul John Malone , reported a slight decline in fourth-quarter operating profit at the interactive division that includes home-shopping network QVC, while its Starz and media-investment divisions showed gains.

    Liberty Media's QVC, Starz Earnings Increase

  • Italian mutual lender Banco Popolare posted a fourth-quarter net loss on lower net interest income and commissions and higher costs and provisions, but reported a profit for the full year and said it will pay a dividend.

    Business Watch

  • Hewlett-Packard Co. announced Wednesday it will purchase networking company 3Com for $2.7 billion, and also preannounced higher fiscal fourth-quarter earnings and raised its outlook for fiscal 2010.

    POLITICAL HOT TOPICS: November 12, 2009

  • Friday, global equities got a boost as 2010 fourth-quarter U.S. gross-domestic-product growth was revised up to 3.1% from 2.8%.

    Treasury Investors Await Auctions, Jobs Data

  • QVC, Liberty's largest business, posted fourth-quarter revenue of $2.52 billion, up 4%, while its operating profit edged up 1.3% to $393 million.

    Liberty Media's QVC, Starz Earnings Increase


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