HSBC Holdings Plc, Europe?s biggest bank, said first-half net income doubled as the North American unit returned to profit for the first time in three years and as bad-debt provisions fell by 46 percent.

HSBC Holdings Plc, Europe?s biggest bank, said first-half net income doubled as the North American unit returned to profit for the first time in three years and as bad-debt provisions fell by 46 percent.

HSBC Holdings Plc, Europe?s biggest bank, said first-half net income doubled as the North American unit returned to profit for the first time in three years and as bad-debt provisions fell by 46 percent.

By Ben Hirschler

Newmont Mining Net Doubles Newmont Mining s profit more than doubled as higher prices and production of gold and copper helped revenue.

BlackRock Inc. said second-quarter profit rose 98 percent as the acquisition of Barclays Global Investors boosted assets and fees.

BlackRock Inc. said second-quarter profit rose 98 percent as the acquisition of Barclays Global Investors boosted assets and fees.

Filed under: Earnings Reports, Mattel, Inc (MAT)

Toy titan Mattel (MAT) announced Friday morning that its second-quarter income more than doubled, driven by Barbies and "Toy Story 3" toys. MAT logged income of 14 cents per share during the quarter, far better than the six cents per share earned in the same quarter a year ago. Unfortunately, while the earnings were far better than a year ago, the toymaker missed the Street's estimate by a penny. Revenue checked in at $1.02 billion, 13% better than last year and matching expectations.

Continue reading Mattel's Second-Quarter Income Doubles

Mattel's Second-Quarter Income Doubles originally appeared on BloggingStocks on Fri, 16 Jul 2010 08:30:00 EST. Please see our terms for use of feeds.

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NAV revealed a profit of 42 cents per share for the second quarter of fiscal 2010, which more than doubled last year s 16 cents per share

Filed under: Earnings ReportsAfter the closing bell sounded Wednesday afternoon, NetApp (NTAP) stepped into the earnings spotlight, revealing that its quarterly profit more than doubled. During the fourth quarter, NTAP earned 40 cents per share, 19 cents better than last year's fourth-quarter results. Adjusted income was 50 cents per share, which topped the consensus estimate by six cents. Quarterly revenue increased to $1.17 billion, handily besting the consensus estimate of $1.08 billion. The company attributed the earnings windfall to "sever virtualization and cloud-computing trends," which drove "significant business." The firm's "competitive advantages in those areas lead more customers to choose NetApp storage efficiency solutions for larger and larger data center projects." Translation: The changing face of the business computing world helped NetApp.Continue reading NetApp's Fourth-Quarter Profit DoublesNetApp's Fourth-Quarter Profit Doubles originally appeared on BloggingStocks on Thu, 27 May 2010 09:30:00 EST. Please see our terms for use of feeds.Permalink | Email this | CommentsBusiness - NetApp - BloggingStocks - Cloud computing - Data center