Company Earnings
- For stocks, escaping bear hinges on oil, GE
(Reuters)
Thu, 03 Jul 2008 23:36:57
Reuters - It will be tough for Wall Street to
shake off the bear market blues next week if the price of oil
keeps rising and the earnings season kick-off from Alcoa and
General Electric disappoints investors.
- Correction: Earns-Research in Motion
(AP)
Wed, 02 Jul 2008 19:13:58
AP - In a June 25 story about quarterly earnings at Research In Motion Ltd., The Associated Press incorrectly reported that the BlackBerry Bold will be a touch-screen phone. Current plans do not call for the device to have a touch screen. - Family Dollar beats estimates, shares jump
(Reuters)
Wed, 02 Jul 2008 13:11:21
Reuters - Family Dollar Stores Inc on
Wednesday reported higher-than-expected quarterly profit as the
discount retailer kept a tight control on expenses and
inventory to navigate the tough environment, sending its shares
up than 11 percent.
- Wine company Constellation Brands’ profit jumps
(AP)
Tue, 01 Jul 2008 22:01:35
AP - Constellation Brands Inc. said Tuesday its fiscal first-quarter profit jumped 50 percent, lifted by price increases as well as strong sales of its new higher-margin wine brands such as Clos du Bois and Wild Horse.
- Investor’s Corner: Look For Acceleration In Earnings Gains
(Investor’s Business Daily)
Mon, 30 Jun 2008 21:46:22
Investor’s Business Daily - Every penny a company earns that survives the butcher’s knife of materials costs, wages, taxes and capital spending deserves a place on the mantle. - H&R Block swings to 4Q profit
(AP)
Mon, 30 Jun 2008 21:36:03
AP - H&R Block Inc., the nation’s largest tax preparer, said Monday it swung to a fourth-quarter profit, helped by a record-setting tax season and the sale of its troubled mortgage arm. - H&R Block results beat estimates, stock soars
(Reuters)
Mon, 30 Jun 2008 15:06:54
Reuters - Tax preparer H&R Block Inc
said on Monday it swung to a quarterly profit from a loss,
beating estimates and driving the stock 6.6 percent higher, as
revenue rose 11 percent.
- KB Home 2Q loss widens on sales slump, charges
(AP)
Fri, 27 Jun 2008 21:23:19
AP - KB Home’s latest quarterly results capped a week of discouraging trends for the homebuilding sector Friday. - Accenture Posts Higher Quarterly Profit, Ups Outlook
(TechWeb)
Thu, 26 Jun 2008 23:41:13
TechWeb - InformationWeek - CEO Bill Green said the results showed that its increasingly global business of management consulting and outsourcing was helping it grow despite a challenging environment. - Palm swings to 4Q loss as revenue tumbles
(AP)
Thu, 26 Jun 2008 21:54:50
AP - Treo and Centro smart phone maker Palm Inc. said Thursday it swung to a loss in its fiscal fourth quarter as its revenue declined sharply and fell below Wall Street expectations. - Rite Aid posts 1Q loss amid acquisition expenses
(AP)
Thu, 26 Jun 2008 21:28:48
AP - Rite Aid Corp. swung to a big first-quarter loss as it spent heavily to absorb more than 1,850 newly acquired stores and offered promotions on food and toiletries that hurt profits. - RIM shares falter on lower-than-expected outlook
(AP)
Thu, 26 Jun 2008 21:13:20
AP - Smart phone maker Research In Motion Ltd.’s fiscal first-quarter profit and revenue more than doubled, fueled by strong sales of its BlackBerry devices, but the company’s forecast for the current period sent its shares down more than 11 percent Thursday. - Oracle throws wet blanket on strong 4Q results
(AP)
Thu, 26 Jun 2008 21:11:31
AP - Oracle Corp. finished its fiscal year with an impressive flourish, then pulled out a wet blanket.
- Discover’s profit rises on higher card use
(AP)
Thu, 26 Jun 2008 21:06:22
AP - Discover posted a healthier quarterly profit Thursday than Wall Street expected no thanks to the lending business, however. - Lennar 2Q loss narrows; sees worsening conditions
(AP)
Thu, 26 Jun 2008 20:48:50
AP - Homebuilder Lennar Corp. said Thursday it managed to narrow its second-quarter loss, but CEO Stuart Miller gave a dour outlook for the industry, saying the housing market has yet to hit bottom and ruling out the prospects of a recovery this year.
- ConAgra profit up 5 pct on trading unit results
(AP)
Thu, 26 Jun 2008 20:15:16
AP - ConAgra Foods Inc. said Thursday its fourth-quarter earnings grew almost 5 percent, helped by contributions from the commodity trading unit that the company just sold.
- ConAgra profit rises, but forecast lags estimates
(Reuters)
Thu, 26 Jun 2008 12:27:24
Reuters - ConAgra Foods Inc on Thursday
posted higher quarterly profit, helped by results from the
commodities trading and merchandising unit that it sold earlier
this week.
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