Molson Coors' 4Q profit rises on tax benefits (AP)
Correction: Atmel earnings story (AP) AP - In a story Feb. 8 about Atmel Corp.'s fourth-quarter earnings, The Associated Press reported erroneously that the average revenue forecast from analysts polled by Thomson Reuters was $378.3 million. Analysts expected $338 million, while the company posted revenue of $343.6 million. UBS makes Q4 profit, but withdrawals continue (AP) AP - Swiss bank UBS AG posted a fourth-quarter profit of 1.205 billion Swiss francs ($1.12 billion) Tuesday, beating analysts' expectations partly thanks to a tax credit, but said earnings suffered from rich clients withdrawing more money. Celanese posts 4Q profit on higher sales (AP) AP - Chemical maker Celanese Corp. reported a profit on Tuesday for the fourth quarter driven by higher sales volumes and lower raw material costs. Coca-Cola volume improves, led by emerging markets (Reuters)
Strong overseas sales put fizz in Coca-Cola's 4Q (AP)
Cognizant 4Q earnings jump 28 percent (AP) AP - Cognizant Technology posted surprisingly large numbers for profit and revenue Tuesday and topped the fourth-quarter report with a 2010 outlook that exceeded most expectations as technology spending rebounds. Pulte Homes posts loss for Q4 (AP)
Molson Coors misses estimate, volume outlook tepid (Reuters) Reuters - Molson Coors Brewing Co reported a lower-than-expected quarterly profit on Tuesday mainly on weak volumes across all markets, prompting the beer maker to issue a tepid volume forecast for 2010. You can save this news page by submitting it to your favorite sites:
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AP - Internet company IAC/InterActiveCorp lost $1 billion in the fourth quarter because it wrote down the value of its search business, but the results beat expectations and offered the latest indication that the online advertising market is improving.
AP - Molson Coors Brewing Co.'S fourth-quarter profit more than doubled because of favorable tax benefits even as it sold fewer beers, the brewer said Tuesday.
Reuters - Coca-Cola Co reported a quarterly profit in line with analysts' estimates as strong volume in China, India and Brazil offset a decline in North America.
AP - Coca-Cola's strong overseas growth more than made up for a weak North American market in the fourth quarter, sending profit up 55 percent for the world's largest beverage maker.
AP - Pulte Homes Inc. said Tuesday its loss narrowed in its fourth quarter, as the homebuilder reported heavy charges that were partly offset by a tax gain.
