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    Corporate Earnings Headlines
    Profits seen off more than 10 percent (Reuters)

    Traders work on the floor of the New York Stock Exchange, June 23, 2008. (Brendan McDermid/Reuters)Reuters - The U.S. corporate profit outlook is deteriorating rapidly, with S&P 500 earnings for the second quarter now seen falling at a double-digit pace from a year earlier, according to Thomson Reuters Proprietary Research released on Tuesday.


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    Tue, 24 Jun 2008 17:04:01 GMT - Yahoo! News: Earnings News
    Kroger 1Q profit rises 15 percent, shares jump (AP)

    In this Sept. 11, 2006 file photo, Kroger's Marketplace super store is seen in West Chester, Ohio. Kroger Co. said Tuesday, June 24, 2008, that food, gas and drug discounts helped draw budget-conscious shoppers into its stores, boosting its first-quarter profit by 15 percent. The nation's largest traditional grocery chain's results beat Wall Street expectations and Kroger raised the lower end of its earnings guidance for the year. Its shares rose almost 7 percent. (AP Photo/Al Behrman, file)AP - Kroger Co. said Tuesday that food, gas and drug discounts helped draw budget-strapped consumers for one-stop shopping, and the nation's largest traditional grocer reported profits rose 15 percent in its first quarter.


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    Tue, 24 Jun 2008 18:02:22 GMT - Yahoo! News: Earnings News
    Walgreen 3Q profit rises on cost controls (AP)
    AP - Drugstore chain Walgreen Co. said Monday its fiscal third-quarter profit rose 2 percent as it focused on cost control and maintained a rapid expansion pace in a difficult retail environment. -- read full article
    Mon, 23 Jun 2008 20:53:23 GMT - Yahoo! News: Earnings News
    Walgreen 3Q profit rises on cost controls (AP)
    AP - Drugstore chain Walgreen Co. said Monday its fiscal third-quarter profit rose 2 percent as it focused on cost control and maintained a rapid expansion pace in a difficult retail environment. -- read full article
    Mon, 23 Jun 2008 16:16:57 GMT - Yahoo! News: Earnings News
    Walgreen quarterly profit rises 2 percent (Reuters)

    A Walgreens store in Golden, Colorado, June 25, 2007. Walgreen on Monday posted a 2 percent increase in quarterly profit, helped by efforts to control costs as the pace of prescription drug sales has slowed. (Rick Wilking/Reuters)Reuters - Walgreen Co on Monday posted a 2 percent increase in quarterly profit as a weak U.S. economy and slowing growth in demand for prescription drugs muted sales.


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    Mon, 23 Jun 2008 17:17:14 GMT - Yahoo! News: Earnings News
    Winnebago profit skids 73 pct in 3Q (AP)

    In this June 12, 2007 file photo, the Winnebago logo is seen on one of the company's recreational vehicles at Motor Sportsland in Salt Lake City. Winnebago Industries Inc. says its third quarter profit fell 73 percent as high gas prices and a soft economy hurt motor homes sales industrywide. (AP Photo/Douglas C. Pizac, file)AP - Winnebago Industries Inc. said Friday its third quarter profit skidded 73 percent as high gas prices, tighter credit and a soft economy drive motor homes sales lower industrywide.


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    Fri, 20 Jun 2008 20:24:15 GMT - Yahoo! News: Earnings News
    NMPA Seeks To Guard Songwriters' Earnings, Protect Copyrights (TechWeb)
    TechWeb - InformationWeek - National Music Publishers Association fights for legislation that protects copyrights, tries to make sure songwriters get fair royalties, and sues infringers. -- read full article
    Fri, 20 Jun 2008 20:29:00 GMT - Yahoo! News: Earnings News
    Winnebago profit skids 73 pct in 3Q (AP)

    In this June 12, 2007 file photo, the Winnebago logo is seen on one of the company's recreational vehicles at Motor Sportsland in Salt Lake City. Winnebago Industries Inc. says its third quarter profit fell 73 percent as high gas prices and a soft economy hurt motor homes sales industrywide. (AP Photo/Douglas C. Pizac, file)AP - Winnebago Industries Inc. said Friday its third quarter profit skidded 73 percent as high gas prices, tighter credit and a soft economy drive motor homes sales lower industrywide.


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    Fri, 20 Jun 2008 16:16:50 GMT - Yahoo! News: Earnings News
    Circuit City 1Q loss widens, weak forecast (AP)

    In this April 9, 2008 file photo, a customer walks into a Circuit City electronics store in Braintree, Mass. Circuit City says its loss widened in the first quarter mainly because of a big drop in sales at established stores.  (AP Photo/Stephan Savoia, file)AP - Circuit City Stores Inc. said Thursday its loss widened in the first quarter because of a more than 11 percent drop in sales at established stores.


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    Thu, 19 Jun 2008 20:50:24 GMT - Yahoo! News: Earnings News
    Circuit City posts wider loss, suspends dividend (Reuters)
    Reuters - Circuit City Stores reported a bigger quarterly loss on Thursday as sales fell, and the consumer electronics chain said it had suspended its dividend to save cash, sending its shares down about 3 percent. -- read full article
    Thu, 19 Jun 2008 15:03:13 GMT - Yahoo! News: Earnings News
    Carnival posts flat 2Q earnings on fuel cost (AP)
    AP - Cruise operator Carnival Corp. said Thursday its second-quarter earnings were nearly the same as a year ago as soaring fuel costs offset strong revenue growth. The company also lowered its guidance for the year. -- read full article
    Thu, 19 Jun 2008 14:04:03 GMT - Yahoo! News: Earnings News
    Circuit City 1Q loss widens, weak forecast (AP)

    In this April 9, 2008 file photo, a customer walks into a Circuit City electronics store in Braintree, Mass. Circuit City says its loss widened in the first quarter mainly because of a big drop in sales at established stores.  (AP Photo/Stephan Savoia, file)AP - Circuit City Stores Inc. said Thursday its loss widened in the first quarter because of a more than 11 percent drop in sales at established stores.


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    Thu, 19 Jun 2008 16:21:21 GMT - Yahoo! News: Earnings News
    FedEx swings to 4Q loss; guidance disappoints (AP)
    AP - FedEx Corp. reported a fourth-quarter loss Wednesday and offered a gloomy outlook as it wrestles with a slumping U.S. economy beset by soaring fuel costs and falling prices for homes. -- read full article
    Wed, 18 Jun 2008 21:01:46 GMT - Yahoo! News: Earnings News
    FedEx forecast bodes ill for U.S. profit outlook (Reuters)

    Federal Express courier Carlos Rodas arranges packages for delivery in his truck in Los Angeles, Calfiornia June 18, 2008. FedEx Corp on Wednesday reported a quarterly loss, citing record-high fuel prices, a weak U.S. economy and a previously announced write-down due to the package delivery company's decision to change the name of FedEx Kinko's. (Fred Prouser/Reuters)Reuters - Federal Express may be the proverbial canary in the coal mine.


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    Wed, 18 Jun 2008 21:31:06 GMT - Yahoo! News: Earnings News
    Wall Street analysts raise Goldman's '08 earnings view (Reuters)

    The headquarters of Goldman Sachs in a file photo. Wall Street analysts raised their fiscal 2008 earnings estimates for Goldman Sachs Group on Wednesday, a day after the investment bank posted second-quarter results that exceeded expectations. (File/Reuters)Reuters - Wall Street analysts raised their fiscal 2008 earnings estimates for Goldman Sachs Group Inc on Wednesday, a day after the investment bank posted second-quarter results that exceeded expectations.


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    Wed, 18 Jun 2008 11:53:16 GMT - Yahoo! News: Earnings News
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