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CORPORATE EARNINGS

Chicago-based UAL Corp., United Airlines' parent company, said Tuesday its third-quarter earnings rose 70 percent from a year ago as a big gain from the sale of its stake in a computerized reservations service beefed up its latest results. UAL earned $579 million, or $5.61 a share, in the third quarter compared to $340 million, or $3.77 a share, a year earlier. That includes an after-tax gain of $235 million from UAL's sale of its stake in the Apollo Travel Services reservation business to Galileo International and $38 million in charges a year ago due to early debt retirement and a legal settlement with travel agents over commission caps. Operating revenues rose to $4.6 billion from $4.5 billion a year ago.

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