Oct. 16--Advanced Micro Devices Inc. lost money in the third quarter but said sales were stronger than expected. AMD posted a loss of $128 million, or 18 cents per share, narrower than its year-earlier loss of $134 million, or 22 cents. Revenue fell 22 percent to $1.4 billion.

Citigroup's third-quarter results offered a glimpse into the bank's struggles to turn itself around, as spiraling consumer losses overwhelmed strong trading results. Income of $101 million came before accounting for $288 million in preferred dividends and a debt exchange that gives Washington 34 percent of earnings. After including the items, the loss was 27 cents a share, or $3.2 billion, compared with a loss of 61 cents a share, or $2.9 billion, a year ago. Revenue increased to $20.39 billion from $16.25 billion.

Goldman Sachs Group Inc.'s third-quarter earnings more than tripled as income from the company's trading operations offset a drop in its investment banking business. Goldman earned $3.03 billion, or $5.25 per share, compared with $810 million, or $1.81, a year ago. Revenue doubled, to $12.37 billion.

Google Inc., for the third quarter, recorded its biggest profit yet. Google earned $1.64 billion, or $5.13 per share, a 27 percent increase from a year ago. Revenue climbed 7 percent to $5.94 billion.

Harley-Davidson Inc. reported an 84 percent slide in third-quarter profit and said it will exit the sport bike market. Income was $26.5 million, or 11 cents per share, down from $166.5 million, or 71 cents, a year ago. Sales dropped 21 percent to $1.12 billion,

IBM posted third-quarter results that met analysts' forecasts, then raised its expectations for the rest of the year. Income rose to $3.2 billion, or $2.40, compared with $2.8 billion, or $2.04 per share, a year ago. Sales fell 7 percent to $23.6 billion.

Profits were up in the third quarter for newspaper publisher McClatchy Co., even as advertising revenue continued to decline. Net income was $23.6 million, or 28 cents a share, compared to $4.2 million, or 5 cents, a year ago. Revenue fell 23.1 percent to $347.4 million. Advertising revenue was down 28 percent to $266 million.

Safeway Inc. said third-quarter profit was down 35 percent, but beat Wall Street expectations. The company earned $128.8 million, or 31 cents per share, down from $199.7 million, or 46 cents, a year earlier. Revenue declined 7 percent to $9.46 billion.

Southwest Airlines Co. posted a narrower third-quarter loss. Southwest lost $16 million, or 2 cents a share, compared to a loss of $120 million, or 16 cents a share, a year ago. Revenue fell nearly 8 percent to $2.7 billion.

From wire reports

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