category

Earnings Report

PepsiCo's quarterly profit beats on higher pricing

PepsiCo Inc's quarterly profit beat estimates as higher pricing of sodas and snack foods in North America paid off and as the company sold its minority stake in British bottler Britvic Plc.

Massive data growth fuels Samsung's record quarterly profit

Samsung Electronics said Friday its second-quarter operating profit soared 72 percent over a year earlier to the highest in its history as its semiconductor sales helped defy sluggish growth in the smartphone market and a slow recovery in the global economy.

AT&T sheds more lucrative wireless customers in 1Q

AT&T Inc. on Tuesday said it lost more of its most lucrative wireless customers during the first three months of the year as the country's biggest mobile carriers try to lure customers from each other with offers of unlimited data plans.