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    Corporate Earnings Headlines
    GE profit falls, meets estimates, sells loan unit (AP)
    AP - General Electric Co. reverted to form with no big surprises in its latest earnings report, and investors shocked by an unexpected profit shortfall three months ago showed their appreciation. -- read full article
    Fri, 11 Jul 2008 20:52:48 GMT - Yahoo! News: Earnings News
    Price Of Oil, New Production Pump Up Triple-Digit Earnings Gains (Investor's Business Daily)
    Investor's Business Daily - Drivers know Murphy Oil as the operator of low-price gas stations in Wal-Mart parking lots in 20 states. -- read full article
    Fri, 11 Jul 2008 22:12:32 GMT - Yahoo! News: Earnings News
    Investors set for another tough earnings season (AP)

    Traders work on the floor of the New York Stock Exchange on Friday, July 11, 2008 in New York. Wall Street's angst over the ongoing fallout from the credit crisis made for a turbulent end to a volatile week Friday — stocks tumbled, soared and then turned south again as investors tried to assess the dangers faced by the country's biggest mortgage financiers, Fannie Mae and Freddie Mac. (AP Photo/Jin Lee)AP - Investors already disheartened about the growing problems of the financial sector and the soaring price of oil are facing more depressing news with the release of second-quarter earnings reports.


    -- read full article
    Sat, 12 Jul 2008 05:42:26 GMT - Yahoo! News: Earnings News
    Rockwell Collins quarterly profit rises 19 percent (Reuters)
    Reuters - Aerospace electronics company Rockwell Collins Inc reported a 19 percent rise in quarterly profit on Friday, helped by expanding margins in its government and commercial businesses. -- read full article
    Fri, 11 Jul 2008 13:15:06 GMT - Yahoo! News: Earnings News
    GE profit falls, meets estimates, sells loan unit (AP)

    In this May 16, 2008 file photo,  a General Electric stove is on display at the Western Appliance store in Mountain View, Calif.  Industrial and financial conglomerate General Electric Co. announced Friday, July 11, 2008, that its profit fell 6 percent in the second quarter, and that it has agreed to sell its Japanese consumer finance business for $5.4 billion. (AP Photo/Paul Sakuma, file)AP - Industrial and financial conglomerate General Electric Co. said Friday its profit fell 6 percent in the second quarter, and has agreed to sell its Japanese consumer finance business for $5.4 billion.


    -- read full article
    Fri, 11 Jul 2008 16:05:07 GMT - Yahoo! News: Earnings News
    Marriott 2Q falls 24 percent (AP)

    Exterior of the Marriott Hotel in Burlingame, Calif., Wednesday, July 9, 2008. Hotel operator Marriott International says second-quarter earnings dropped 24 percent as the deteriorating economy dragged down demand. (AP Photo/Paul Sakuma)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 20:56:16 GMT - Yahoo! News: Earnings News
    Wal-Mart June sales up; raises earnings forecast (Reuters)
    Reuters - Wal-Mart Stores Inc on Thursday reported a 5.8 percent rise in June sales at U.S. stores open at least a year, beating Wall Street estimates, and the discount retailer raised its second-quarter earnings forecast. -- read full article
    Thu, 10 Jul 2008 12:43:19 GMT - Yahoo! News: Earnings News
    Marriott profit falls, sees U.S. weakness into 2009 (Reuters)
    Reuters - Marriott International Inc , the world No. 3 hotel operator, reported lower quarterly profit on Thursday and expects weak economic growth and soft U.S. lodging demand to persist into next year. -- read full article
    Thu, 10 Jul 2008 13:26:46 GMT - Yahoo! News: Earnings News
    Auto insurer Progressive posts drop in earnings (Reuters)
    Reuters - Auto insurer Progressive Corp. on Thursday reported a drop in second-quarter net income as it absorbed higher claims from natural catastrophes and wrote off $40.8 million in investments. -- read full article
    Thu, 10 Jul 2008 13:31:28 GMT - Yahoo! News: Earnings News
    U.S. bank earnings fraught with pain, uncertainty (Reuters)
    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
    Marriott 2Q falls 24 percent (AP)

    Exterior of the Marriott Hotel in Burlingame, Calif., Wednesday, July 9, 2008. Hotel operator Marriott International says second-quarter earnings dropped 24 percent as the deteriorating economy dragged down demand. (AP Photo/Paul Sakuma)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
    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
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