Home » News
Home » News

Business news briefs

Published January 23, 2013 7:33 pm
This is an archived article that was published on sltrib.com in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Poehler drafted for

Super Bowl spot

Best Buy Co. is enlisting actress and comedian Amy Poehler to get its brand message across in a humor-focused spot during Super Bowl XLVII. The electronics chain will air a 30-second spot featuring Poehler, fresh off from her gig co-hosting the Golden Globes earlier this month, in the first quarter of the big game Feb. 3 on CBS.

McDonald's profit

edged up in 4Q

McDonald's Corp. says its profit edged up in the fourth quarter, after it moved to boost slumping sales by focusing on value. It reported it earned $1.4 billion, or $1.38 per share, for the period ended Dec. 31. That compares with $1.38 billion, or $1.33 per share, a year ago. Revenue rose to $6.95 billion, up from $6.82 billion.

US Airways 4Q

profit doubles

US Airways says net income doubled in the fourth quarter as its planes were fuller and it made more money off each passenger. The airline earned $37 million, or 22 cents per share, compared with $18 million, or 11 cents per share a year ago. US Airways, which is in merger talks with the parent of American Airlines, said revenue set a fourth-quarter record of $3.28 billion, up about 4 percent.

IMF sees modest

global growth

The International Monetary Fund is projecting a modest rise in global economic growth for 2013, but it also is warning that problems in the eurozone and the United States could derail momentum. The world economy grew 3.2 percent in 2012, according to IMF estimates.

Netflix reports

subscriber gains

Netflix Inc., the world's largest online-video service, gained 2.05 million U.S. Internet subscribers in the fourth quarter, exceeding its forecast. It closed 2012 with 27.2 million U.S. online customers. In October, the company predicted fourth-quarter growth of 1.3 million to 2 million customers, and said it could finish the year with as many as 27.1 million.

Google seeing more

demands for data

Google says it is fielding more legal demands from governments around the world seeking to learn more about the people using its search engine, email and other services. Governments presented it with 21,389 requests for information during the last six months of 2012, up 17 percent from a year earlier. More than 8,400 of the requests came from the U.S. government.

Coach says holiday

sales were muted

Coach Inc., the luxury handbag seller, said a challenging economy and price-cutting by competitors weighed on its second-quarter results. The results suggest the shopping season was tough as shoppers grappled with economic uncertainty. Coach said its net income was $352.7 million, or $1.23 per share, in the quarter, compared with $347.5 million, or $1.18 per share, a year ago. Net sales rose 4 percent to $1.50 billion.




Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
comments powered by Disqus