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    Corporate Earnings Headlines
    RIM shares falter on lower-than-expected 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 more than 11 percent Thursday. -- read full article
    Thu, 26 Jun 2008 14:26:24 GMT - Yahoo! News: Earnings News
    Lennar 2Q loss narrows; sees worsening conditions (AP)

    In this June 26, 2007 file photo, the Lennar Corporate Center is shown in Miami. Homebuilder Lennar Corp., said Thursday, June 26, 2008, its fiscal second-quarter loss narrowed, but the company continued to struggle through the housing market doldrums, posting a 61 percent drop in revenue and taking hefty charges to write down land values and deposits. (AP Photo/Wilfredo Lee, file)AP - Homebuilder Lennar Corp. said Thursday its fiscal second-quarter loss narrowed, but the company continued to struggle through the housing market doldrums, posting a 61 percent drop in revenue and taking hefty charges to write down land values and deposits.


    -- read full article
    Thu, 26 Jun 2008 16:18:07 GMT - Yahoo! News: Earnings News
    ConAgra profit up 5 pct on trading op results (AP)

    In this March 26, 2008 file photo, ConAgra Foods retail products are pictured at a supermarket in Danvers, Mass. ConAgra Foods Inc. says its fourth-quarter earnings grew 5 percent, Thursday, June 26, 2008,  helped by contributions from the commodity trading unit that the company just sold. (AP Photo/Lisa Poole, file)AP - ConAgra Foods Inc. said Thursday its fourth-quarter earnings grew almost 5 percent, helped by contributions from the commodity trading unit that the company just sold.


    -- read full article
    Thu, 26 Jun 2008 16:54:31 GMT - Yahoo! News: Earnings News
    Rite Aid posts 1Q loss amid acquisition expenses (AP)
    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
    Discover's profit rises on higher card use (AP)
    AP - Discover posted a healthier quarterly profit Thursday than Wall Street expected — no thanks to the lending business, however. -- read full article
    Thu, 26 Jun 2008 17:53:34 GMT - Yahoo! News: Earnings News
    Nike profit up but shares tumble on U.S. concerns (Reuters)

    Detail is seen on the back of Switzerland's Roger Federer's shoe as he trains on the practice courts at Wimbledon, ahead of the Wimbledon championships in south London June 21, 2008. (Toby Melville/Reuters)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
    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
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