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 Business Company Earnings News Headlines
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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)

Walmart customer sits in a cart at Walmart in San Jose, Calif., Wednesday, Aug. 13, 2008. Wal-Mart Stores said profit rose 17 percent in the second quarter and is raising its full-year forecast as the world's largest retailer benefits from low prices that are attracting shoppers in a challenging economy, and its moves to cut costs. (AP Photo/Paul Sakuma)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)

A customer shops at a Wal-Mart Supercenter in Rogers, Arkansas, June 5, 2008. (Jessica Rinaldi/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)

A shopper leaves Macy's with her purchase Tuesday, Aug. 12, 2008 in New York. Macy's Inc. reports earnings Wednesday. Macy's Inc. is reporting that second-quarter earnings posted a slight decline from a year ago as it faces a challenging economic environment. (AP Photo/Mark Lennihan)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)

A woman shops at the Macy's store at a mall in a Denver suburb May 16, 2008. (Rick Wilking/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)

John Deere tractors are shown on the lot at the Van Wall Equipment dealer, Tuesday Aug. 12, 2008, in Madrid, Iowa. Farm equipment maker Deere says its third-quarter earnings rose 7 percent as continuing growth in the global agricultural sector boosted results, but profit missed Wall Street expectations. (AP Photo/Charlie Neibergall)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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 Other Categories
Automotive
Ferro Corporation Announces Closing of Convertible Notes Offering and Early Acceptance of Tender Offer and Consent Solicitation for 9 1/8% Senior Notes
Worthington Industries Declares Quarterly Dividend
AltCar Expo, One of Nation's Largest Displays of Alternative Fuel Vehicles, Frees Consumers from Gas Guzzlers
Company Earnings
Summary Box: HP 3Q profit jumps 14 pct (AP)
Medtronic 1Q profit jumps spine, heart strength (AP)
Home Depot's 2Q profit drops 24 percent (AP)
Economy
Housing starts dip to lowest level since March '91 (AP)
Consumer prices surge, job market remains strained (AP)
Jobless claims fall less than expected (AP)
Entertainment
Steve Harvey, Doug Banks, Tom Joyner and Michael Baisden Participate in Clear Channel "Build the Dream" Radiothon for Martin Luther King, Jr. National Memorial
Michael Buble' Final Tour Dates Announced
CCTV.com Uses Envivio Video Encoders to Launch Beijing IPTV Service in Time for 2008 Olympics
Europe
Dollar slips in profit taking (AFP)
Dollar slips on profit-taking (AFP)
Industry group says UK facing recession (AP)
Health
Examine the Top 10 World's Leading Pharmaceutical Companies: Including Company Profiles, a Global Market Overview & Sales Forecasts
ArthroCare Receives Expected NASDAQ Notice Regarding Delayed Filing of Form 10-Q; Company to Request Hearing Regarding Stock Listing
Sepracor Announces Senior Management Appointments
Hotel
Staybridge Suites Named Best in Customer Satisfaction
Element Herndon opens in the spring of 2010 in the Dulles Technology Corridor
Dallas CVB and UniFocus Expand Partnership
Market News
Casino shares drop on talk of Macau visa cutbacks (Reuters)
SEC 'Idea' Aims To Shine Light For U.S. Investors (Investor's Business Daily)
U.S. SEC to propose new short selling rule in weeks (Reuters)
Mutual Funds
Personal Finance
Fannie, Freddie fall on renewed bailout fears (AP)
Wall Street pulls back as financials fall (AP)
'Liar loans' threaten to prolong mortgage crisis (AP)
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