Earnings roundup: Viacom, TransDigm

Earnings roundup: Viacom's net income rises; TransDigm's 4Q net income jumps 30 percent

Associated Press

Among the earnings stories for Thursday, Nov. 15, from AP Business News:

— Viacom Inc., owner of the Paramount movie studio and several cable TV channels, said that net income grew 13 percent in the latest quarter even as revenue fell more than Wall Street expected with the lack of a strong theatrical release and a drop in television ad revenue.

— Aircraft part maker TransDigm Group Inc. said that its fiscal fourth-quarter net income jumped 30 percent, boosted by contributions from recent acquisitions.

— Sally Beauty Holdings Inc. said that its fiscal fourth-quarter net income rose 21 percent as sales climbed at its businesses. The beauty products company's adjusted earnings topped Wall Street's expectations.

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