BRIEFCASE.Byline: -- Staff and Wire stories Solid earnings for Pizza Kitchen Los Angeles-based California Pizza Kitchen California Pizza Kitchen (NASDAQ: CPKI, known within the food industry as CPK) is a casual dining restaurant chain that specializes in California-style pizza. The restaurant was started in 1985 by attorneys Rick Rosenfield and Larry Flax in Beverly Hills, California, Inc. reported Tuesday net income of $4.6 million, or 23 cents per diluted share, for its first quarter ended April 2. Total revenues were up 17.6 percent to $129.7 million, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the company, which reported a comparable restaurant sales increase of 6.4 percent. For the second quarter, the company anticipates earnings per diluted share of 28 to 29 cents. Cisco Systems' profits dip a bit SAN JOSE -- Networking gear provider Cisco Systems Inc. saw a slightly lower fiscal third-quarter profit as stock-option expenses ate into higher sales. Net income for the period ending April 29 was $1.4 billion, or 22 cents a share, compared with $1.41 billion, or 21 cents, in the same quarter of 2005. The quarterly results included $188 million, or 3 cents, in stock option expenses as a result of a recent change in accounting rules. Excluding options and other items, Cisco earned 29 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. , 3 cents better than the mean forecast of analysts surveyed by Thomson Financial Thomson Financial A major provider of information, analytical tools, and consulting services to the financial community. The firm, a division of Thomson Corporation, is best known to investors for its First Call segment, which publishes consensus earnings . The Wall Street forecast excludes options costs. US Airways profit shocks analysts PHOENIX -- Shares of US Airways Group US Airways Group Inc. NYSE: LCC is the Tempe, Arizona-based airline holding company that operates US Airways, US Airways Express and America West Airlines. It also operates additional companies that provide associated services. Inc. surged more than 9 percent Tuesday after the airline posted a first-quarter profit, surprising analysts who expected a loss for the quarter. The Tempe-based airline, created in September by the combination of bankrupt US Airways and America West Airlines America West Airlines was one of the United States' ten major airlines. The airline was based in Tempe, Arizona, and is now a part of US Airways Group. At the time of its integration into US Airways, the airline maintained two hubs, one at Phoenix Sky Harbor International , reported quarterly earnings of $65 million, or 76 cents per share, compared with a loss of $174 million, or $6.58 per share, a year ago. Excluding special items, the company posted a profit of $5 million, or 5 cents per share, versus a loss of $16 million, or $1.09 per share, in the year-earlier quarter. Analysts on average expected a loss of 16 cents per share, according to a Thomson Financial poll. Shares of US Airways rose $4.33, or 9.2 percent, to close at $51.63 on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , its highest level since shares in the new company began trading in September 2005. |
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