BRIEFCASE.Byline: - Staff and Wire Services Unocal profits up in latest quarter EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and - Unocal Corp. said earnings rose in the latest quarter from the previous year, driven by higher crude oil and natural gas prices. The El Segundo, gas and oil producer Tuesday said it earned $268 million, or $1 a share, on revenue of $2.35 billion in the fourth quarter. Excluding items, earnings were $313 million, or $1.17 a share, matching the average forecast of analysts polled by Thomson First Call. Google earnings sevenfold sevenfold Adjective 1. having seven times as many or as much 2. composed of seven parts Adverb by seven times as many or as much Adj. 1. higher SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden - Google Inc.'s Internet-leading search engine fueled a sevenfold increase in fourth-quarter profits to soar past analyst expectations. The Mountain View, Calif.-based company said Tuesday that it earned $204.1 million, or 71 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , during the final three months of 2004. That compared to net income of $27.3 million, or 10 cents per share, at the same time in 2003. Revenue for the period totaled $1.03 billion, more than doubling from $512.2 million in the prior year. After subtracting commissions paid to other Web sites in its advertising network, Google's fourth-quarter revenue worked out to $653.5 million. TiVo announces a new departure SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. - TiVo Inc. said Tuesday that Marty Yudkovitz has resigned as president, marking the second major change in as many weeks in the executive ranks at the embattled digital video recording company. Monday's resignation of Yudkovitz, an NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. executive who joined TiVo in May 2003, comes two weeks after chief executive Mike Ramsay Mike Ramsay can refer to any of a number of living persons:
GM, Ford report lackluster sales DETROIT - The nation's two biggest automakers, General Motors Corp. and Ford Motor Co., reported soft sales in January while DaimlerChrysler AG's Chrysler Group and Japan's Toyota and Nissan reported healthy gains in their U.S. sales. The industry leader GM said Tuesday its overall sales increased 1 percent last month, while Ford, the nation's second biggest automaker, reported a 5.4 percent sales decline from January 2004. American Express spinning off unit NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Financial services giant American Express Co. said Tuesday it will spin off its financial advisory business so it can focus on the faster-growing charge and credit card, payments processing and travel businesses. Its shares rose more than 6 percent. The announcement by the New York-based company comes a day after Citigroup Inc., the nation's largest financial institution, said it was selling its Travelers life insurance and annuity business to MetLife Inc. for $11.5 billion. |
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