| Corporate Earnings Headlines |
| U.S. bank earnings fraught with pain, uncertainty
(Reuters)
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| Reuters - U.S. banks will unleash a tide of poor
quarterly results over the next two weeks, yet investors may
choose to focus instead on when a recovery might be at hand and
how much more capital raising and dividend cutting will be
needed to achieve it. -- read full article |
| Thu, 10 Jul 2008 14:02:01 GMT - Yahoo! News: Earnings News |
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| Marriott 2Q falls 24 percent
(AP)
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| AP - Hotel operator Marriott International Inc. said Thursday that second-quarter earnings dropped 24 percent as the deteriorating economy dragged down demand, a trend the company expects will extend into next year.
-- read full article |
| Thu, 10 Jul 2008 15:48:02 GMT - Yahoo! News: Earnings News |
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| Tech earnings growth running out of steam
(Reuters)
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| 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 |
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| Stocks tumble on uneasiness about financials
(AP)
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| 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 |
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| Wolverine profit tops forecast, shares sink
(Reuters)
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| 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 |
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| Alcoa's 2Q profit sinks 24 percent on higher costs
(AP)
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| 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 |
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| Alcoa investors bracing for earnings hit
(Reuters)
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| 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 |
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| Stocks fall on worries about financial sector
(AP)
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| 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 |
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| Stocks fall on economic worries, earnings jitters
(AP)
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| 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 |
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