Reuters - Campbell Soup Co posted lower
quarterly operating earnings on Monday as U.S. soup sales fell
and commodity costs rose, but net income jumped due to the sale
of its Godiva chocolate business.
AP - Declining soup sales and higher prices for ingredients contributed to a difficult quarter for the Campbell Soup Co., even though a gain on the sale of its Godiva Chocolatier brand sweetened its bottom line. -- read full article
Reuters - Retailer Home Depot Inc reported
a lower quarterly profit on Tuesday as the U.S. housing
meltdown hurt sales and it took charges tied to store closures
and a new-store pullback.
AP - The Home Depot Inc. reported a 66 percent drop in first-quarter profit Tuesday due to a large one-time charge and continued weakness in the housing market. -- read full article
Reuters - Teen apparel retailer Abercrombie &
Fitch Co reported higher quarterly profit on Friday,
helped by higher sales in all its chains and better gross
profit. -- read full article
Reuters - Teen apparel retailer Abercrombie &
Fitch Co reported higher quarterly profit on Friday,
topping Wall Street estimates, as a lower tax rate and a better
gross margin helped offset the impact of lower same-store
sales.
AP - Teen retailer Abercrombie & Fitch Co. said Friday that its first-quarter earnings rose 3 percent from a year ago on stronger sales. -- read full article
AP - BT Group PLC, Britain's biggest telecommunications company, reported a 6.2 percent decline Thursday in its fourth quarter profit, as costs rose and it lost some wholesale customers to broadband services. -- read full article
Reuters - Retailer J.C. Penney Co Inc
reported a 50 percent drop in quarterly profit on Thursday as
its middle-income shoppers pulled back on spending amid the
U.S. economic downturn.
AP - The stock market notched its second straight daily advance Thursday, with investors assuaged by a pullback in oil prices and some better-than-expected economic data.
AP - Mizuho Financial Group Inc., Japan's second biggest banking group, reported Thursday a 50 percent drop in profit for the fiscal year, taking a beating from U.S. subprime credit problems. -- read full article
Reuters - Blockbuster Inc , the largest
U.S. movie rental chain, posted a higher-than-expected
quarterly profit as it cut costs by closing stores, reducing
advertising and overhead expenses.
Reuters - J.C. Penney Co Inc said on
Thursday its first-quarter profit dropped 50 percent as the
retailer cut prices to clear unsold merchandise, and it
forecast a similar profit drop for its current quarter.
AP - J.C. Penney reported first-quarter profits were halved and on Thursday predicted "difficult" conditions for the entire year as consumers pull back on spending. -- read full article
