Income
Chevron Profit Rises In 1st Quarter On Higher Oil Prices
Chevron reported first-quarter earnings rose 36 percent. The company received higher prices for the oil it produced, and also made more money from refining oil.
Safeway Profit Falls, Revenue Up In 1st Quarter
Safeway reported a tax charge related to a plan to pay down its U.S. debt drove down its first-quarter net income by 74 percent.
AMD Profit Spikes In 1st Quarter Despite Price Drop
Advanced Micro Devices Inc. said its net income nearly doubled in the first quarter as the computer industry benefits from strong corporate demand.
Wells Fargo Income Soars In 1st Quarter
WellsFargo’s first-quarter income jumped 51 percent as more people opened accounts with the bank and business customers took out loans. New mortgages fell.
Charles Schwab Profit Surges In 1st Quarter
Discount broker Charles Schwab Corp. reported its first-quarter profit surged as the economy and stock markets improved.
Cisco Pulls Technology Stocks Lower
Stocks finished Thursday flat, dragged down by Cisco Systems Inc. The San Jose-based company issued a weak earnings forecast.
Survey Finds Wealthier Californians Say They’re Happier, Healthier
The saying goes that money can’t buy happiness, but the percentage of Californians who consider themselves very happy rises according to income level.
Chevron Profit Jumps 72 Percent To $5.3 Billion
Chevron Corp. said Friday its fourth-quarter net income jumped 72 percent as rising fuel demand lifted oil prices and produced a sharp turnaround in its refinery business.
Oracle Income Up 28 Percent On Strong Software License Sales
Oracle’s net income jumped 28 percent as companies spent more liberally on technology for back offices.
Gap Inc. Income Falls In 3rd Quarter
The Gap Inc. reported Thursday its third-quarter net income fell 1 percent, though revenue rose 2 percent.


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