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    Corporate Earnings Headlines
    Tech earnings growth running out of steam (Reuters)
    Reuters - U.S. technology companies have posted stronger quarterly profit growth than any sector except for oil, but investors fear that cracks are emerging as clients in troubled industries like finance, retail and construction reduce IT spending. -- read full article
    Thu, 10 Jul 2008 18:50:48 GMT - Yahoo! News: Earnings News
    Stocks tumble on uneasiness about financials (AP)

    In this photo released by the New York Stock Exchange Euronext, U.S. Secretary of Labor Elaine L. Chao, second right, rings the closing bell at the Exchange, Wednesday, July 9, 2008 in New York. The others on the podium are unidentified. (AP Photo/NYSE Euronext, Ray Girard)AP - Wall Street tumbled Wednesday as investors grappled with renewed worries about the soundness of the financial sector. The major indexes fell more than 2 percent, including the Dow Jones industrial average, which lost more than 230 points.


    -- read full article
    Wed, 09 Jul 2008 22:18:11 GMT - Yahoo! News: Earnings News
    Chesapeake sees net loss on hedging-filing (Reuters)
    Reuters - Natural gas exploration and production company Chesapeake Energy Corp said on Wednesday it expects a net loss for the second quarter due to its hedging strategy. -- read full article
    Wed, 09 Jul 2008 20:10:16 GMT - Yahoo! News: Earnings News
    Wolverine profit tops forecast, shares sink (Reuters)
    Reuters - Wolverine World Wide Inc reported a higher-than-expected quarterly profit on Wednesday, citing leaner inventories, but its 2008 outlook disappointed investors, who sent the shoe maker's shares down as much as 11.6 percent. -- read full article
    Wed, 09 Jul 2008 15:40:37 GMT - Yahoo! News: Earnings News
    Alcoa's profit lower but tops Street forecasts (Reuters)

    People leave the Alcoa Business Services Center in Pittsburgh, Pennsylvania, February 13, 2007. (Jason Cohn/Reuters)Reuters - Aluminum producer Alcoa Inc on Tuesday posted a better-than-expected quarterly profit, lifting its shares, as higher aluminum prices and sales volumes offset increased costs.


    -- read full article
    Tue, 08 Jul 2008 23:31:47 GMT - Yahoo! News: Earnings News
    Alcoa's 2Q profit sinks 24 percent on higher costs (AP)

    In this April 7, 2006, file photo, large rolls of aluminum are cooled before they get cut to order size at the Alcoa Warrick Operations in Newburgh, Ind.Alcoa Inc., a Dow Jones industrial average component and one of the world's largest aluminum producers, reports earnings for the second quarter on Tuesday after the closing bell. (AP Photo/ Daniel R. Patmore, File)AP - Alcoa Inc., the world's third-largest aluminum producer, ushered in the second-quarter earnings season by posting a 24 percent earnings decline as rising production costs eroded profits, but the results still exceeded analysts' expectations.


    -- read full article
    Wed, 09 Jul 2008 04:37:48 GMT - Yahoo! News: Earnings News
    Pepsi Bottling Group second quarter profit rises (Reuters)
    Reuters - Pepsi Bottling Group Inc reported higher quarterly profit on Tuesday, helped by price increases in the U.S. and Canada. -- read full article
    Tue, 08 Jul 2008 10:57:19 GMT - Yahoo! News: Earnings News
    Pepsi Bottling profit rises, tops view (Reuters)

    A worker loads crates of small Pepsi bottles in a truck in Bombay, March 24, 2004. (Punit Paranjpe/Reuters)Reuters - Pepsi Bottling Group Inc posted better-than-expected quarterly profit on Tuesday as price increases in the United States and Canada more than offset a decline in volume.


    -- read full article
    Tue, 08 Jul 2008 12:50:12 GMT - Yahoo! News: Earnings News
    Alcoa investors bracing for earnings hit (Reuters)

    People leave the Alcoa Business Services Center in Pittsburgh, Pennsylvania February 13, 2007. (Jason Cohn/Reuters)Reuters - Investors in Alcoa Inc are expecting a rough quarterly earnings report on Tuesday from the aluminum maker, whose profits are expected to sink nearly 20 percent as escalating energy and other costs take their toll.


    -- read full article
    Mon, 07 Jul 2008 19:22:07 GMT - Yahoo! News: Earnings News
    Stocks fall on worries about financial sector (AP)

    (R-L) John Casey, Francis Mastroianni, and Anthony Fazio work in the Rice Pit at the Chicago Mercantile Exchange, April 24, 2008. (John Gress/Reuters)AP - Wall Street lost more ground in extremely volatile trading Monday, as investors recoiled at a cautious economic outlook from a Federal Reserve official and the possibility of more financial troubles of Fannie Mae and Freddie Mac.


    -- read full article
    Mon, 07 Jul 2008 21:39:52 GMT - Yahoo! News: Earnings News
    POSCO Q2 seen strong; Japan firms may lag (Reuters)
    Reuters - POSCO (005490.KS), the world's No.4 steel maker, is expected to report strong profit growth for the April-June quarter, lifted by solid demand and higher steel prices. -- read full article
    Tue, 08 Jul 2008 07:14:10 GMT - Yahoo! News: Earnings News
    Stocks fall on economic worries, earnings jitters (AP)

    (R-L) John Casey, Francis Mastroianni, and Anthony Fazio work in the Rice Pit at the Chicago Mercantile Exchange, April 24, 2008. (John Gress/Reuters)AP - Stocks turned lower Monday as investors reacted to cautious remarks about the economy by a Federal Reserve official and worried about the financial health of Fannie Mae and Freddie Mac. Treasurys rose sharply as investors sought the safety of government debt.


    -- read full article
    Mon, 07 Jul 2008 18:49:37 GMT - Yahoo! News: Earnings News
    Wall Street gets ready for earnings, oil moves (AP)

    Fireworks light up the closing bell ceremonies of the New York Stock Exchange, Thursday July 3, 2008, as a prelude to the 32nd Annual Macy’s 4th of July Fireworks Spectacular celebrating America’s 232nd birthday. Stocks are closing an abbreviated session mixed after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. (AP Photo/Richard Drew)AP - Investors battered by surging energy prices, disappointing economic data and the ongoing credit crisis will have something else to worry about this week — second-quarter corporate results.


    -- read full article
    Sun, 06 Jul 2008 18:19:08 GMT - Yahoo! News: Earnings News
    For stocks, escaping bear hinges on oil, GE (Reuters)

    A trader works on the floor of the New York Stock Exchange, June 26, 2008. (Brendan McDermid/Reuters)Reuters - It will be tough for Wall Street to shake off the bear market blues next week if the price of oil keeps rising and the earnings season kick-off from Alcoa and General Electric disappoints investors.


    -- read full article
    Thu, 03 Jul 2008 23:36:57 GMT - Yahoo! News: Earnings News
    Correction: Earns-Research in Motion (AP)
    AP - In a June 25 story about quarterly earnings at Research In Motion Ltd., The Associated Press incorrectly reported that the BlackBerry Bold will be a touch-screen phone. Current plans do not call for the device to have a touch screen. -- read full article
    Wed, 02 Jul 2008 19:13:58 GMT - Yahoo! News: Earnings News
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