quarterly profit

UBS AG, Switzerland's biggest bank, said fourth-quarter profit dropped 76 percent after its investment bank reported a second consecutive quarterly loss.

Navistar International Corp., the maker of International brand trucks, rose the most in almost three weeks in New York trading after reporting fourth-quarter profit that topped analysts' estimates on vehicle margins.

Wall Street rallied Thursday, as stronger labor market and manufacturing data lifted sentiment after three days of losses, while higher quarterly profit from FedEx also boosted equities.

Toyota said its quarterly profit slid 18.5 percent to 80.4 billion yen ($1 billion) on plunging sales caused by parts shortages from the tsunami disaster in northeastern Japan and warned it faces a new challenge from flooding in Thailand.

Three years after needing a federal bailout to survive, Citigroup reported its seventh-straight quarterly profit with a 74 percent rise in the third quarter despite dismal results of its investment bank.

Lenovo Group, the world's No. 3 personal computer manufacturer, said Thursday its profit in the latest quarter nearly doubled on strong sales in emerging markets.

General Motors Co. 's quarterly profit nearly doubled, beating expectations, as the top U.S. automaker took a larger share of sales in its home market and made gains in Europe and Asia.

GM’s quarterly profit nearly doubled in the second quarter, beating expectations, as the top U.S. automaker took a larger share of sales globally and raised prices on its vehicles.

Toyota eked out a 1.1 billion yen ($14 million) quarterly profit and raised its annual earnings forecast Tuesday despite the devastation of the earthquake and tsunami in northeastern Japan.

Infosys Technologies reported an 18.9 percent rise in quarterly profit in dollar terms Friday, missing expectations as expenses and a rising rupee squeezed margins.