| Corporate Earnings Headlines |
| Rite Aid posts 1Q loss amid acquisition expenses
(AP)
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| AP - Rite Aid Corp. said Thursday that it swung to a big loss in its first-quarter as it continues to spend heavily to absorb more than 1,850 newly acquired stores and offered promotions on items such as food and toiletries that hurt profit margins. -- read full article |
| Thu, 26 Jun 2008 17:52:31 GMT - Yahoo! News: Earnings News |
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| Nike profit up but shares tumble on U.S. concerns
(Reuters)
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| Reuters - Nike Inc stressed on
Wednesday that it was still a growth company even as U.S.
weakness spooked investors, sending shares down 5 percent on a
day when the world's largest athletic shoe and apparel maker
posted strong international results.
-- read full article |
| Wed, 25 Jun 2008 23:12:07 GMT - Yahoo! News: Earnings News |
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| BlackBerry makers' shares falter on outlook
(AP)
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| 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 |
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| RIM profit jumps, stock drops
(Reuters)
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| 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 |
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| Red Hat expects steady growth
(Reuters)
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| 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 |
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| General Mills net earnings down, sees costs rising
(Reuters)
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| 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 |
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| Monsanto profit rises, shares fall
(Reuters)
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| 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 |
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| Darden profit up, Olive Garden sees strong growth
(Reuters)
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| 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 |
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