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    Corporate Earnings Headlines
    Red Hat profit climbs almost 7 pct in 1Q 2009 (AP)
    AP - Red Hat Inc. said Wednesday its first-quarter 2009 profit rose 6.6 percent as the software distributor posted an increase in sales led by growth in software-subscription deals. -- read full article
    Wed, 25 Jun 2008 23:37:12 GMT - Yahoo! News: Earnings News
    Oracle net profit jumps, but outlook cautious (Reuters)

    Charles E. Phillips, Jr., president of leading software giant Oracle Corporation, speaks during a news conference in Bombay July 22, 2004. (Punit Paranjpe/Reuters)Reuters - Oracle Corp reported a 27 percent rise in quarterly profit as sales of new software beat expectations, but the company gave a cautious outlook citing economic uncertainties, and its shares fell 3 percent.


    -- read full article
    Thu, 26 Jun 2008 04:50:18 GMT - Yahoo! News: Earnings News
    Oracle throws wet blanket on strong 4Q results (AP)

    This Sept. 19, 2007, file photo, shows the exterior of Oracle Corp. headquarters in Redwood City, Calif.  The business software maker said Wednesday, June 25, 2008, that it earned $2.04 billion, or 39 cents per share, in the three months ending in May, up 27 percent from $1.6 billion or 31 cents per share at the same time last year. (AP Photo/Paul Sakuma, File)AP - Oracle Corp. finished its fiscal year with an impressive flourish, then pulled out a wet blanket.


    -- read full article
    Thu, 26 Jun 2008 05:24:33 GMT - Yahoo! News: Earnings News
    BlackBerry makers' shares falter on outlook (AP)
    AP - Smart phone maker Research In Motion Ltd.'s fiscal first-quarter profit and revenue more than doubled, fueled by strong sales of its BlackBerry devices, but the company's forecast for the current period sent its shares down nearly 8 percent. -- read full article
    Thu, 26 Jun 2008 05:28:16 GMT - Yahoo! News: Earnings News
    RIM profit jumps, stock drops (Reuters)

    Blackberry devices are seen in Los Angeles in this March 3, 2006 file photo. Research In Motion on Wednesday posted a profit outlook that fell short of analyst expectations, sending its shares 8 percent lower, even as the maker of the BlackBerry smartphone posted quarterly earnings that more than doubled. (Mario Anzuoni/Files/Reuters)Reuters - Research In Motion on Wednesday posted a profit outlook that fell short of analyst expectations, sending its shares 8 percent lower, even as the maker of the BlackBerry smartphone posted quarterly earnings that more than doubled.


    -- read full article
    Thu, 26 Jun 2008 07:22:08 GMT - Yahoo! News: Earnings News
    Red Hat expects steady growth (Reuters)
    Reuters - Red Hat Inc , the world's largest publicly traded provider of Linux software, reported on Wednesday a quarterly profit that met Wall Street expectations as its revenue grew 32 percent. -- read full article
    Thu, 26 Jun 2008 07:27:44 GMT - Yahoo! News: Earnings News
    General Mills net earnings down, sees costs rising (Reuters)

    General Mills brands in an undated image. General Mills posted a higher quarterly profit, excluding a reduction in the mark-to-market valuation of certain commodity positions, as price increases helped boost sales and offset the impact of soaring commodity costs. (PRNewsFoto/Reuters)Reuters - General Mills Inc on Wednesday reported a fall in fourth-quarter net earnings and said it expects costs to rise 9 percent in the current fiscal year as the food industry faces a continued increase in prices for grain, energy and other commodities.


    -- read full article
    Wed, 25 Jun 2008 11:47:19 GMT - Yahoo! News: Earnings News
    Monsanto profit rises, shares fall (Reuters)

    A Monsanto employee inspects wheat growth in an undated photo. Monsanto posted a higher third-quarter profit on Wednesday, citing record net sales thanks to growth in herbicide and specialty seed sales. (Carey Gillam/Reuters)Reuters - Monsanto Co posted a higher quarterly profit on Wednesday, but revenue and its full-year forecast fell slightly shy of expectations and its shares fell as much as 5 percent.


    -- read full article
    Wed, 25 Jun 2008 14:10:47 GMT - Yahoo! News: Earnings News
    Monsanto profit climbs 42 pct on broad sales rise (AP)
    AP - Monsanto Co.'s profit soared 42 percent in its third quarter on a strong performance by Roundup herbicide and by its seeds and traits business. The company also boosted its earnings guidance for the year. -- read full article
    Wed, 25 Jun 2008 14:35:51 GMT - Yahoo! News: Earnings News
    General Mills raises cereal prices as profit falls (AP)

    A box of General Mills' Cheerios is seen on a shelf at a Shaw's Supermarket in Gloucester, Mass. in this Dec. 15, 2007 file photo.  General Mills Inc. on Wednesday, June 25, 2008 said costs for hedging commodities drove its fourth-quarter profit down 17 percent, but strong sales of yogurt, cookie mixes and Cheerios boosted revenue above Wall Street expectations. (AP Photo/Lisa Poole, file)AP - With ingredient prices popping up like toaster strudel, General Mills said on Wednesday it has raised cereal prices and might consider other price increases, too.


    -- read full article
    Wed, 25 Jun 2008 18:13:42 GMT - Yahoo! News: Earnings News
    Lehman Brothers brings back former executives (Reuters)

    Pedestrians walk past a Lehman Brothers sign in New York, June 19, 2008. (Lucas Jackson/Reuters)Reuters - Lehman Brothers Holdings Inc , the investment bank which last week posted its first quarterly loss as a public company, said it was rehiring two executives who had left in 2007 for unspecified reasons.


    -- read full article
    Tue, 24 Jun 2008 22:43:53 GMT - Yahoo! News: Earnings News
    Darden profit up, Olive Garden sees strong growth (Reuters)

    A sign is pictured at an Olive Garden restaurant in Burbank,California in this December 15, 2006 file photo. (Fred Prouser/Reuters)Reuters - Darden Restaurants Inc posted a higher quarterly profit on Tuesday, boosted by the Olive Garden chain, which continued to attract casual diners in the weak economy, and lower costs that helped raise operating profit at its Red Lobster chain.


    -- read full article
    Tue, 24 Jun 2008 23:12:22 GMT - Yahoo! News: Earnings News
    Kroger 1st-quarter profit rises (Reuters)

    A variety of Kroger branded foods is arranged on a shopping cart at a King Soopers grocery store in Broomfield, Colorado June 26, 2007. (Rick Wilking/Reuters)Reuters - Kroger Co , the largest U.S. grocery chain, on Tuesday posted a better-than-expected quarterly profit, helped by an emphasis on lower prices, gasoline discounts and other efforts to appeal to cash-strapped consumers.


    -- read full article
    Tue, 24 Jun 2008 13:21:17 GMT - Yahoo! News: Earnings News
    ConAgra sees higher-than-expected quarterly profit (Reuters)

    The ConAgra plant in Kansas City is seen in this July 2, 2004 file photo. (Dave Kaup/Reuters)Reuters - ConAgra Foods Inc said on Tuesday fourth-quarter earnings would be higher than expected, boosted by results at its trading and merchandising unit, whose sale was completed after the quarter ended.


    -- read full article
    Tue, 24 Jun 2008 13:45:53 GMT - Yahoo! News: Earnings News
    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.


    -- read full article
    Tue, 24 Jun 2008 17:04:01 GMT - Yahoo! News: Earnings News
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