| Corporate Earnings Headlines |
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| Target, Saks expect weak sales climate for year
(AP)
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| AP - For U.S. retailers, the phrase "challenging environment" has become a shared refrain for one of the toughest quarters in decades. And merchants expect the climate to remain rough for the rest of the year as higher gas and food costs as well as slumping home prices weigh on shoppers.
-- read full article |
| Tue, 20 May 2008 20:29:45 GMT - Yahoo! News: Earnings News |
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| Sustained slump in housing cuts into Home Depot 1Q
(AP)
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| AP - The Home Depot Inc. doesn't know if stimulus checks making their way to potential customers are enough to improve its fortunes this year, the company said Tuesday as it reported a 66 percent drop in first-quarter profit.
-- read full article |
| Tue, 20 May 2008 20:33:45 GMT - Yahoo! News: Earnings News |
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| Staples profit edges up, despite slow US sales
(AP)
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| AP - Strong sales of delivered office products to corporate customers at home and overseas helped Staples Inc. post a 1.5 percent increase in its first-quarter profit, and rebound modestly from small profit declines the previous two quarters.
-- read full article |
| Tue, 20 May 2008 20:49:19 GMT - Yahoo! News: Earnings News |
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| HP's 2Q profit up on strong demand outside US
(AP)
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| AP - Hewlett-Packard Co. cashed in on rising international demand again in its second quarter, but that performance may not be enough to ease worries about the company's exposure to the ailing U.S. economy as it prepares to digest the second largest acquisition in its 69-year history.
-- read full article |
| Tue, 20 May 2008 22:53:03 GMT - Yahoo! News: Earnings News |
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| BJ's Wholesale quarterly profit rises 26 pct
(Reuters)
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| Reuters - BJ's Wholesale Club Inc , the
No. 3 U.S. warehouse club operator, on Wednesday reported a 26
percent jump in quarterly profit, beating Wall Street
expectations, as shoppers headed to its stores for discounts on
food and fuel. -- read full article |
| Wed, 21 May 2008 11:44:10 GMT - Yahoo! News: Earnings News |
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| Talbots operating profit tops view
(Reuters)
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| Reuters - Women's apparel retailer Talbots Inc
posted higher-than-expected quarterly operating profit
on Wednesday and affirmed its full-year forecast, sending its
shares up 21 percent. -- read full article |
| Wed, 21 May 2008 13:24:25 GMT - Yahoo! News: Earnings News |
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| BJ's Wholesale profit up 26 pct, boosts guidance
(AP)
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| AP - BJ's Wholesale Club Inc. reported a nearly 26 percent increase in its first-quarter profit and raised earnings expectations for the full year, reaping the benefits of a tough economy that's increasingly sending shoppers to discounters in search of deals.
-- read full article |
| Wed, 21 May 2008 14:31:36 GMT - Yahoo! News: Earnings News |
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| Lowe's posts lower Q1 results, trims year view
(Reuters)
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| Reuters - Retailer Lowe's Cos Inc
reported an 18 percent drop in first-quarter profit on Monday
as the slumping U.S. housing market and soft economy hurt
sales, and it cut its full-year profit forecast, sending its
shares lower.
-- read full article |
| Mon, 19 May 2008 19:29:20 GMT - Yahoo! News: Earnings News |
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