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Samsung and its homegrown rival, LG Electronics, are among the few global television manufacturers making money and winning market share, helped by sleek designs, crisp displays and new technologies, like 3-D and organic LED sets.
Net income rose to $230 million, or 83 cents a share, from $205 million, or 69 cents a share, helped by a 26percentt gain in operating profit in China, the company said.
The Venator Group, the owner of Foot Locker and Champs sports stores, said profit in the fiscal second quarter was a better-than-expected 16 cents to 18 cents a share, helped by rising sales and cost controls.
CNN's decline in market share helped prompt the forced resignation in September of Richard N. Kaplan, the president of its United States operations, who tried to achieve gains in ratings with highly produced news magazine programming.
Third-quarter net income from continuing operations at Bayer A.G.rose 24percentto to 534 million euros ($459 million), or 0.74 euro a share, helped by rising sales of the antibiotic Ciprobay and other drugs.
BorgWarner, one of the world's largest makers of engine turbochargers, said yesterday that its first-quarter earnings rose to about $1.65 a share, helped by increased demand for turbochargers in Europe.
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Shares of Caterpillar fell 8.4percenttoto end at $32.67 a share, helping to drag down the blue-chip averages.
Content that people share helps build word of mouth and, it is hoped, brand advocates.
Our behavior — what we choose to read, what we decide to share — helps shape coverage across the media ecosystem.
The dearth of shares helped buffer the price.
Technology shares helped drive the market to post-Sept.
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