EARNINGS.Continental Airlines Houston-based carrier Sept. 3rd Qtr. 1998 1997 Sales $2.12 billion $1.89 billion Net Income $72.7 million $114 million Net Per Share 97 cents $1.48 Higher aircraft costs hurt earnings GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) Corp. Irving, Tex.-based telecommunications company See telecom company. Sept. 3rd Qtr. 1998 1997 Sales $6.48 billion $5.94 billion Net Income $822 million $756 million Net Per Share 85 cents 79 cents Revenues from long-distance phone service grew 66 percent, propelling earnings up 9 percent. J.P. Morgan N.Y.-based investment bank Sept. 3rd Qtr. 1998 1997 Sales $1.3 billion $1.92 billion Net Income $156 million $396 million Net Per Share 75 cents $1.96 Extreme volatility in world financial markets hurt earnings. Results include a one-time gain of $34 million for the sale of an investment management unit in Australia. McDonald's Corp. Oakbrook, Ill.-based fast-food chain Sept. 3rd Qtr. 1998 1997 Sales $9.25 billion $8.8 billion Net Income $482.2 million $448.9 million Net Per Share 69 cents 63 cents The Teenie Beanie Baby Sources: A Beanie Baby is a stuffed animal made by Ty Inc. Ty was founded by Ty Warner who promoted the line in specialty stores and gift shops. The Ty company's famous special "posable lining" is understuffed with plastic pellets (or "beans") rather than stuffing , Big Mac and Monopoly promotions helped third-quarter results. The company also benefited from changes in strategy, such as giving franchisees more leeway lee·way n. 1. The drift of a ship or an aircraft to leeward of the course being steered. 2. A margin of freedom or variation, as of activity, time, or expenditure; latitude. See Synonyms at room. in trying out new ideas "New Ideas" is the debut single by Scottish New Wave/Indie Rock act The Dykeenies. It was first released as a Double A-side with "Will It Happen Tonight?" on July 17, 2006. The band also recorded a video for the track. , begun last year. Sales gains in Europe and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. offset a slowdown in Asia. Warner Lambert Co. Morris Plain, N.J.-based pharmaceutical company Sept. 3rd Qtr. 1998 1997 Sales $2.56 billion $2.11 billion Net Income $296 million $198 million Net Per Share 35 cents 24 cents Strong sales of drugs that lower cholesterol and fight diabetes led to a 46 percent gain in profits. |
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