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Nordstrom's 2Q profits decline 21 percent
(AP)
AP - Upscale department store chain Nordstrom Inc. reported a 21 percent drop in second-quarter profit on Thursday and cut its full-year forecast as its affluent consumers pull back on fashions in a tough economy.
Yahoo - 5 days ago

Wal-Mart says 2Q profit up 17 pct, raises outlook
(AP)
AP - Wal-Mart Stores Inc. raised its full-year earnings forecast Thursday after second-quarter profit rose 17 percent, helped by tight inventory controls and a renewed focus on low prices that is attracting financially squeezed shoppers around the world.
Yahoo - 5 days ago

Estee Lauder quarterly profit tops view
(Reuters)
Reuters - Cosmetics company Estee Lauder Cos Inc
posted better-than-expected quarterly profit on
Thursday, helped by higher sales in all categories and the weak
U.S. dollar, and its shares rose nearly 7 percent.
Yahoo - 5 days ago

Estee Lauder posts higher profit
(Reuters)
Reuters - U.S. cosmetics company Estee Lauder
Cos Inc posted higher quarterly profit on Thursday,
helped by higher sales across all categories and the weak U.S.
dollar.
Yahoo - 5 days ago

Wal-Mart posts higher net, raises full-year view
(Reuters)
Reuters - Wal-Mart Stores Inc reported a
17 percent rise in quarterly profit on Thursday as shoppers
headed to its stores for low prices on food, health care
products and electronics, and the discount retailer raised its
full-year earnings outlook.
Yahoo - 5 days ago

Scandinavian SAS swings to 2Q loss; more job cuts
(AP)
AP - Scandinavian airline SAS AB reported a second-quarter loss Thursday because of high fuel costs and weaker demand, and warned of further job cuts and fleet reductions.
Yahoo - 5 days ago

InBev 2Q profit climbs 8.6 percent on tax savings
(AP)
AP - Brewer InBev SA's second-quarter profit climbed 8.6 percent despite flat sales and higher costs as it paid less tax.
Yahoo - 5 days ago

Korean Air records 2Q net loss on fuel, currency
(AP)
AP - Korean Air Lines Co. posted a second-quarter net loss amid soaring fuel costs and a weak South Korean currency, it said Thursday.
Yahoo - 5 days ago

Virgin Mobile USA 2Q profit declines
(AP)
AP - Wireless service provider Virgin Mobile USA Inc. said Wednesday its second-quarter profit dropped sharply as revenue declined and the company lost net subscribers.
Yahoo - 6 days ago

TechTarget 2Q profit shrinks as expenses rise
(AP)
AP - TechTarget Inc., which sells marketing services and products to information technology companies, said Wednesday its second-quarter profit shrank by nearly half as operating expenses jumped 39 percent.
Yahoo - 6 days ago

NetApp posts higher 1Q profit
(AP)
AP - Data storage provider NetApp Inc. said Wednesday its fiscal first-quarter profit and sales climbed amid solid customer demand despite the economic downturn.
Yahoo - 6 days ago

Earnings Preview: J.C. Penney to report fiscal 2Q
(AP)
AP - J.C. Penney Co. reports earnings for the second quarter on Friday before the market opens. The following is a summary of key developments and analyst opinion related to the period.
Yahoo - 6 days ago

Spreadtrum 2Q misses projections, trims forecast
(AP)
AP - Spreadtrum Communications Inc., a Chinese technology company that has shares listed in the U.S., reported second-quarter profit Wednesday that narrowly missed projections.
Yahoo - 6 days ago

Loss narrows at hospital software maker MedAssets
(AP)
AP - Hospital software provider MedAssets Inc. said Wednesday that it lessened its second-quarter loss as an acquisition of a privately held software company helped boost sales.
Yahoo - 6 days ago

Macy's says 2Q profit falls, cuts outlook for year
(AP)
AP - Macy's Inc.'s saw its second-quarter earnings drop slightly and warned on Wednesday that full-year profits will be below Wall Street expectations as shoppers are more cautious about spending.
Yahoo - 6 days ago

Dr Pepper Snapple posts lower quarterly profit
(Reuters)
Reuters - Soft drink maker Dr Pepper Snapple
Group Inc reported lower second-quarter profit on
Wednesday, hurt by charges from its separation from Cadbury Plc
.
Yahoo - 6 days ago

Charges drag Tribune to $4.5 billion 2Q loss
(AP)
AP - Newpsaper publisher Tribune Co. says it lost $4.53 billion in the second quarter after taking a $3.84 billion charge to write down the value of its assets.
Yahoo - 6 days ago

Macy's posts lower profit, cuts full-year outlook
(Reuters)
Reuters - Macy's Inc reported a 1.4
percent decline in quarterly profit and cut its fiscal-year
earnings forecast, warning that cutbacks in U.S. consumer
spending could push sales down further at its stores.
Yahoo - 6 days ago

Deere 3Q profits rise 7 pct but miss expectations
(AP)
AP - Deere & Co., the world's largest of maker of farm machinery, said Wednesday third-quarter profit rose 7 percent as high crop prices spurred stronger sales of tractors and harvesting equipment.
Yahoo - 6 days ago

ING bank reports 25 percent fall in 2Q earnings
(AP)
AP - ING Groep NV, the Dutch insurer and bank, said Wednesday its second quarter earnings fell 25 percent, mostly due to smaller gains on investments.
Yahoo - 6 days ago

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