|
|
| GlaxoSmithKline back in profit in 4th quarter
(AP)
|
| AP - Restructuring and reduced overheads helped GlaxoSmithKline PLC return to profit in the fourth quarter, with the UK drug maker adding that the U.K. drug maker was optimistic about new product development this year. |
| Coca-Cola adjusted 4Q results beat Street
(AP)
|
AP - Coca-Cola Co.'s fourth-quarter net income dropped 71 percent, weighed down by restructuring charges and a difficult comparison with last year's fourth quarter, when the beverage maker had a hefty benefit from buying its bottlers.
|
| BP hikes dividend after strong fourth quarter
(AP)
|
AP - BP PLC has raised its quarterly dividend by 14 percent after posting double-digit gains in profit and revenue in the last three months of 2011 despite further big payments to compensate for the disastrous oil spill in the Gulf of Mexico.
|
| Toyota lifts profit forecast as disaster woes fade
(AP)
|
AP - Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track.
|
| ArcelorMittal posts $1 billion loss in Q4
(AP)
|
| AP - Steel maker ArcelorMittal was cautiously optimistic about its near-term prospects even after it reported a heavy fourth quarter loss generated by a deteriorating European economy and big tax and restructuring charges. |
|