Borders Group 4Q profit doubles even though fall (AP)
AP – Book seller Borders Group Inc.’s fourth-quarter profit rose as it cut costs and enjoyed a tax benefit, even though its sales plunged, the company said Wednesday.
Summary Box: Higher RIM 4Q earns, revenue (AP)
AP – BETTER RESULTS: Research In Motion says fiscal fourth-quarter earnings rose 37 percent from a year earlier and revenue jumped 18 percent.
RIM results lag estimates, shares drop (Reuters)
Reuters – Research in Motion said quarterly profit and sales rose, but the results lagged expectations and the stock tumbled on rekindled fears that the dominance of its BlackBerry smartphone is waning.
Ameron International 4Q profit falls 72 percent (AP)
AP – Industrial pipeline maker Ameron International Corp. said Wednesday first-quarter profits plunged 72 percent as severe weather cut into what is already a traditionally slow period for the industry.
Overstock.com sees 4Q profit, revenue up 27 pct (AP)
AP – Overstock.com Inc. said Wednesday it turned a profit in the fourth quarter as revenue grew 27 percent.
Ford, Rite Aid, SAIC, Boeing are big movers (AP)
AP – Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
RIM: higher 4Q profit as subscriber base grows (AP)
AP – Research In Motion says its fiscal fourth-quarter earnings jumped 37 percent as its BlackBerry subscriber base grew and smart phone shipments increased.
TSX closes session lower, but ends quarter up (Reuters)
Reuters – The TSX closed lower on Wednesday as weak banking shares offset gains for resources, but it still ended the quarter higher.
Lindsay posts higher fiscal 2nd-quarter profit (AP)
AP – Lindsay Corp., which makes agricultural irrigation systems and construction safety equipment, said Wednesday that its fiscal second-quarter profit jumped sharply as revenue increased.
Wall St flat as data offsets bounce in energy (Reuters)
Reuters – Stocks barely budged on Wednesday following reports that stoked unease about the health of the labor market and regional manufacturing, offsetting the energy sector’s strength.