Posts: 797
Joined: Wed Apr 06, 2005 8:28 am

Continental To Post 3rd Qtr Profit

Thu Oct 12, 2006 2:23 am

Continental to Post 3rd-Quarter Profit
NEW YORK (AP) - Continental Airlines Inc. said Wednesday it will post a third-quarter profit and has built up $100 million for its employee profit-sharing plan so far this year.

The company did not give specifics for its anticipated third-quarter profit in a filing with the Securities and Exchange Commission. Wall Street is expecting a quarterly profit of $1.25 per share, according to an analyst poll by Thomson Financial.

In its filing, Continental said it can't yet say how much employees will receive on Feb. 14 through their profit-sharing plan. That amount depends on the company's full-year results.

Continental shares rose 13 cents to $31.91 in afternoon trading on the New York Stock Exchange.
Cleveland the best location in the Nation

Who is online

Users browsing this forum: 817Dreamliiner, AJMntheSkies, AS737MAX, boeing767322er, DUDtoDFW, fly2lax, Google Adsense [Bot], JeremyB, JimIA, keesje, LazarosK, NZdsgnr, PlanesNTrains, RAGAZZO777, SCQ83, Thunderboltdrgn, tigerair737, Yahoo [Bot], ZKLOU and 275 guests