SEOUL (Reuters) – Samsung Electronics , the world’s top maker of memory chips and LCD screens, reported on Friday record quarterly net profit on a resurgent memory sector and brisk sales of flat screens and mobile phones.

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Samsung Q3 profit trebles on memory chips, LCD

If the economy keeps growing, it hastens the day when the Federal Reserve ends the era of 0% interest rates

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Are Investors Ready for Higher Rates?

If the economy keeps growing, it hastens the day when the Federal Reserve ends the era of 0% interest rates

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Are Investors Ready for Higher Interest Rates?

(10-29) 17:50 PDT Sonoma, Calif. (AP) — A week ago Phil Blackmar wasn’t sure he wanted to keep playing competitive golf. Now he’s trying to win for the second straight week. Four days after his first Champions Tour win, Blackmar shot a 6-…

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San Antonio – Jeff Sluman – Charles Schwab Cup Championship – Champions Tour – United States

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Blackmar, Sluman share lead in Sonoma

(10-29) 17:43 PDT Irvine, Calif. (AP) — Homebuilder Standard Pacific Corp. on Thursday reported a much narrower third-quarter loss as it booked fewer charges to write down land values amid the housing slump. The company lost $9.3 million, or…

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California – Associated Press – Standard Pacific Homes – Corporation – Standard Pacific

Standard Pacific reports smaller 3Q loss

(10-29) 17:35 PDT Knoxville, Tenn. (AP) — Movie theater operator Regal Entertainment Group said Thursday it swung to a loss in the third quarter as sales dropped by a double-digit percentage and it made bigger interest payments. The company,…

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Regal Entertainment Group – Tennessee – Theatre – United States – Knoxville Tennessee

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Regal posts 3Q loss but sees improvement ahead

Some analysts believe its impressive new Droid and Cliq smartphones could finally put the company back on track

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Motorola’s Promising Comeback

(10-29) 17:21 PDT Honolulu (AP) — Central Pacific Financial Corp. on Thursday blamed a third-quarter net loss of $183.1 million on deteriorating commercial real estate markets and declining property values in Hawaii and California. The…

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Hawaii – Real estate – United States – Associated Press – Pacific Ocean

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Central Pacific reports $183 million loss

(10-29) 17:16 PDT Newport Beach, Calif. (AP) — Chip maker Conexant Systems Inc. said its fiscal fourth-quarter profit soared as cost cuts and the sale of a business offset a drop in sales. Conexant also issued a first-quarter outlook above…

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Conexant Systems profit soars despite sales drop

NEW YORK (Reuters) – MetLife Inc , the No. 1 U.S. life insurer, posted its third straight quarterly loss on Thursday, hurt by investment losses, some of which were tied to improvement in the company’s own credit spreads.

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MetLife posts third-quarter loss

The recession, which officially began in 2007, has taken its toll on businesses and workers. In New Jersey, unemployment has soared to 9.8 percent — mirroring the nation’s rate of unemployment.

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N.J. jobs recovery might not start until 2011

(10-29) 17:05 PDT Burlington, Mass. (AP) — Acme Packet Inc. said Thursday that stronger sales of its communications equipment and services helped its third-quarter profit nearly double. The company also raised its outlook for the year to a…

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Higher revenue widens Acme Packet’s 3Q profit

(10-29) 17:00 PDT Gloucester, Mass. (AP) — Varian Semiconductor Equipment Associates Inc. more than quadrupled its net income for the fourth quarter, as the company offset a revenue drop with aggressive cost cuts. The chip equipment maker on…

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Net income – Business – Associated Press – Tools and Equipment – Electronics and Electrical

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Varian 4Q profit rises four-fold on cost cuts

(10-29) 16:59 PDT ST. LOUIS, (AP) — Three incumbents and a former member were elected Thursday to the governing board of the Associated Press Managing Editors Association by the group’s membership. Carole Tarrant, editor of The Roanoke (Va.)…

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APME elects board members during annual meeting

(10-29) 16:50 PDT NEW YORK, (AP) — Merck & Co. and Schering-Plough Corp. said Thursday they have won merger approval from the Federal Trade Commission and antitrust regulators in Switzerland and Canada. Merck hopes to close its $41.1 billion…

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Merck’s buy of Schering-Plough gets FTC approval