For quarter ended Sept. 30, unless noted....
For quarter ended Sept. 30, unless noted. Amounts in parentheses are losses. Percentage changes apply to dollar amounts, not per share, and are comparisons to year-ago quarter. Net income figures include extraordinary items and discontinued operations if applicable.
Net Income Revenue Company Per share In mill. % Chg. In mill. % Chg. Amer. Home Prod. 1.22 384.9 +21.2 1,875.8 +7.6 CSX Corp. 1.07 108.0 +7.0 2,205.0 +6.88 General Electric 1.20 1,042.0 +1.5 14,600.0 +2.8 GTE .51 462.0 +5.7 5,362.0 +1.0 Coca-Cola Enterprises (.04) (1.9) NA 1,079.5 +1.2 Fed. Home Loan Mtg. 2.48 149.0 +21.1 NA NA Houghton Mifflin 2.36 33.8 +26.0 211.2 +18.2 Pepsico Inc. .36 285.4 -15.2 4,881.3 +9.1 Polaroid 10.47 582 +1,759.0 474.6 +2.4 Reynolds Metals .70 41.5 -58.8 1,440.1 -6.2 Scott Paper .38 28 -56.8 1,210.2 -9.0 TRW Inc. .52 32.0 -30.4 1,896.0 -5.8 The Upjohn Co. .77 137.2 +32.8 831.7 +11.3
Amer. Home Prod.
The drug and consumer products company said the sales increase reflects a strong performance in the female health care product line.
CSX Corp.
The transportation company said results reflect substantial progress achieved by greater focus on operating discipline at its units.
General Electric
The electric company said earnings demonstrated the company’s ability to deal with U.S. and global economic uncertainty.
GTE
The telephone and telecommunications company said its telephone operations were particularly satisfying with volume growth remaining solid.
Coca-Cola Enterprises
The bottler of products said earnings reflected the economic impact of the recession along with the competitive environment.
Fed. Home Loan Mtg.
The housing finance corporation said earnings rose to a new record as its volume of mortgage refinancing swelled.
Houghton Mifflin
The publishing firm said its net income was boosted by strong growth in textbook sales.
Pepsico Inc.
The international soft drink bottler said that considering the sluggish consumer environment, domestic business performance has been encouraging compared with the competition.
Polaroid
The photography firm pointed to aggressive U.S. marketing, resulting in improved revenue from both cameras and film. Net income includes a $925-million pretax gain from a settlement with Eastman Kodak Co.
Reynolds Metals
The aluminum producer pointed to the slower-than-anticipated recovery from the recession and an oversupply in world markets for the decrease in its sales.
Scott Paper
The manufacturer of tissue and paper towels said international operations continued to perform well, but this was more than offset by lower results from the U.S. tissue business.
TRW Inc.
The automotive, space and defense and information company blamed its earnings decline on weak market conditions in all three business segments and a higher effective tax rate.
The Upjohn Co.
The provider of health care products said pharmaceutical sales growth, improved product mix and emphasis on cost control measures contributed to the strong operating performance.
Tables, D7
