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    Corporate Earnings Headlines
    Rite Aid posts 1Q loss amid acquisition expenses (AP)
    AP - Rite Aid Corp. swung to a big first-quarter loss as it spent heavily to absorb more than 1,850 newly acquired stores and offered promotions on food and toiletries that hurt profits. -- read full article
    Thu, 26 Jun 2008 21:28:48 GMT - Yahoo! News: Earnings News
    Palm swings to 4Q loss as revenue tumbles (AP)
    AP - Treo and Centro smart phone maker Palm Inc. said Thursday it swung to a loss in its fiscal fourth quarter as its revenue declined sharply and fell below Wall Street expectations. -- read full article
    Thu, 26 Jun 2008 21:54:50 GMT - Yahoo! News: Earnings News
    Accenture Posts Higher Quarterly Profit, Ups Outlook (TechWeb)
    TechWeb - InformationWeek - CEO Bill Green said the results showed that its increasingly global business of management consulting and outsourcing was helping it grow despite a challenging environment. -- read full article
    Thu, 26 Jun 2008 23:41:13 GMT - Yahoo! News: Earnings News
    Citigroup sinks to 10-year low, Goldman urges short sale (Reuters)

    Pedestrians walk past a Citibank branch in San Francisco, June 23, 2008. (Robert Galbraith/Reuters)Reuters - Citigroup Inc shares fell to their lowest level in nearly a decade after a Goldman Sachs & Co analyst said investors should sell the largest U.S. bank's stock short as losses mount from troubled debt.


    -- read full article
    Thu, 26 Jun 2008 14:53:05 GMT - Yahoo! News: Earnings News
    ConAgra profit rises, but forecast lags estimates (Reuters)

    A general view of the ConAgra plant in Kansas City, July 2, 2004. (Dave Kaup/Reuters)Reuters - ConAgra Foods Inc on Thursday posted higher quarterly profit, helped by results from the commodities trading and merchandising unit that it sold earlier this week.


    -- read full article
    Thu, 26 Jun 2008 12:27:24 GMT - Yahoo! News: Earnings News
    Oracle throws wet blanket on strong 4Q results (AP)

    In the this Nov. 14, 2007, file photo, Oracle Corp. CEO Larry Ellison speaks during the Oracle Open World conference in San Francisco. 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 14:19:16 GMT - Yahoo! News: Earnings News
    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
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