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    Corporate Earnings Headlines
    Wells Fargo profit drops, but dividend rises (AP)

    In this April 14, 2008 file photo, a Wells Fargo Bank sign is seen in front of a branch in Sunnyvale, Calif. Wells Fargo gave anxious investors a pleasant surprise Wednesday, July 16, 2008, reporting a profit drop that was milder than anticipated and lifting its quarterly dividend by 10 percent. (AP Photo/Paul Sakuma, file)AP - Wells Fargo gave anxious investors a pleasant surprise Wednesday, reporting a profit drop that was milder than anticipated and lifting its quarterly dividend by 10 percent.


    -- read full article
    Wed, 16 Jul 2008 16:08:29 GMT - Yahoo! News: Earnings News
    Delta, AMR swing to loss, beat Wall Street view (AP)

    A Delta Airlines jet takes off behind an American Airlines plane at Phoenix Sky Harbor International Airport Wednesday, July 16, 2008, in Phoenix.  Delta Air Lines, Inc. and AMR Corp., the parent company of American Airlines, both posted big losses in the second quarter due to high fuel prices. (AP Photo/Ross D. Franklin)AP - Delta Air Lines Inc. said Wednesday it swung to a hefty loss in the second quarter despite a strong increase in sales, pushing its red ink to more than $7 billion since the start of the year.


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    Wed, 16 Jul 2008 17:14:55 GMT - Yahoo! News: Earnings News
    American Airlines' owner swings to big loss in 2Q (AP)

    In this June 14, 2008 file photo, a woman waits in line with luggage to check in for an American Airlines flight at Reagan National Airport in Arlington, Va.. AMR Corp., the parent of American Airlines, on Wednesday, July 16, 2008 reported it swung to a big loss in the second quarter as high fuel prices swamped an increase in revenue and led the nation's largest carrier to write down the value of its jets. (AP Photo/Brian McDermott, file)AP - The parent of American Airlines swung to a big loss in the second quarter as high fuel prices swamped an increase in revenue and led the nation's largest carrier to write down the value of its jets.


    -- read full article
    Wed, 16 Jul 2008 17:16:04 GMT - Yahoo! News: Earnings News
    Gannett 2Q profit falls by 36 percent (AP)
    AP - Gannett Co., the nation's largest newspaper publisher, on Wednesday reported a 36 percent drop in second-quarter earnings as the newspaper industry's woes caused a sharp decline in revenue. Shares fell more than 7 percent. -- read full article
    Wed, 16 Jul 2008 18:13:54 GMT - Yahoo! News: Earnings News
    Intel profit rises, driven by notebook PC sales (Reuters)

    A model poses with a laptop fitted with the new Intel Centrino 2 processor during its launch in Taipei July 15, 2008. Intel, the world's top PC chip maker, on Tuesday launched the next-generation of its Centrino wireless chip that it hopes will provide a new revenue stream amid a broader push into mobile technologies. REUTERS/Nicky LohReuters - Intel Corp said on Tuesday quarterly net income rose 25 percent, helped by strong sales of microprocessors used in notebook computers, and gave a revenue forecast that topped expectations.


    -- read full article
    Tue, 15 Jul 2008 21:25:15 GMT - Yahoo! News: Earnings News
    US Bancorp second-quarter profit falls 18 percent (AP)

    A customer who did not want to give his name talks to a security officer (R) at a closed branch of IndyMac Bank in Burbank, California, July 11, 2008. Mortgage lender IndyMac Bancorp Inc was taken over by the Federal Deposit Insurance Corp on Friday, which will run the bank while it looks for a buyer. IndyMac is the second-largest financial institution in U.S. history to close. The customer and security officer were involved in a brief altercation when the customer was refused to enter into the bank, which resulted in police being called to the scene. No charges were filed. (Fred Prouser/Reuters)AP - U.S. Bancorp's second-quarter earnings fell 18 percent, missing analysts' expectations, as the company more than tripled its provision for credit losses but offered assurances that its credit problems would continue to be manageable. Shares fell nearly 3 percent.


    -- read full article
    Tue, 15 Jul 2008 21:22:15 GMT - Yahoo! News: Earnings News
    Strong Processor, Chip Demand Spurs Intel Earnings (PC World)
    PC World - Driven by strong processor sales, Intel earnings rose 25 percent in the second quarter of 2008 compared to the same period... -- read full article
    Tue, 15 Jul 2008 21:30:12 GMT - Yahoo! News: Earnings News
    Sun Micro shares up on preliminary earnings (Reuters)
    Reuters - High-end computer maker Sun Microsystems Inc on Tuesday posted lower preliminary fourth quarter results that were largely in line with Wall Street forecasts, but sparked a rally in its stock by investors who had feared worse results. -- read full article
    Wed, 16 Jul 2008 00:43:53 GMT - Yahoo! News: Earnings News
    Intel 2Q profit jump reflects healthy PC demand (AP)

    In this April 14, 2008 file photo, an Intel sign is shown in front of Intel Corp. headquarters in Santa Clara, Calif.  Intel Corp. is scheduled to report second-quarter results after the market close Tuesday, July 15, 2008. (AP Photo/Paul Sakuma, file)AP - Worried that the ailing U.S. economy has spilled abroad and hurt global PC sales, investors had subdued expectations for Intel Corp. in the second quarter. Intel is the world's largest computer chip maker, and its fortunes rise and fall with swings in PC demand.


    -- read full article
    Wed, 16 Jul 2008 04:25:05 GMT - Yahoo! News: Earnings News
    Eaton profit rises 35 percent (Reuters)
    Reuters - Diversified manufacturer Eaton Corp reported higher quarterly profit on Tuesday on strength in its electrical and hydraulic segments, but said the balance of the year will be weaker than it had predicted earlier. -- read full article
    Tue, 15 Jul 2008 11:36:33 GMT - Yahoo! News: Earnings News
    Grainger posts higher quarterly earnings (Reuters)
    Reuters - Industrial supplier W.W. Grainger Inc on Tuesday posted higher quarterly earnings, citing market share gains that fueled sales growth. -- read full article
    Tue, 15 Jul 2008 12:12:39 GMT - Yahoo! News: Earnings News
    U.S. Bancorp profit misses view as loan losses mount (Reuters)
    Reuters - U.S. Bancorp posted a larger-than-expected 18 percent decline in quarterly profit on Tuesday after housing-related losses caused it to triple the amount it set aside for bad loans. -- read full article
    Tue, 15 Jul 2008 16:41:23 GMT - Yahoo! News: Earnings News
    US Bancorp second-quarter profit falls 18 percent (AP)
    AP - U.S. Bancorp said Tuesday its second-quarter earnings fell 18 percent as it more than tripled its provision for credit losses. The bank missed analysts' earnings expectations, but its stock price rose more than 1 percent. -- read full article
    Tue, 15 Jul 2008 17:17:48 GMT - Yahoo! News: Earnings News
    Johnson & Johnson posts 8 pct profit jump in Q2 (AP)
    AP - Health-care giant Johnson & Johnson on Tuesday beat Wall Street expectations with an 8 percent jump in second-quarter profit, thanks to strong consumer sales and the weak dollar inflating sales overseas. -- read full article
    Tue, 15 Jul 2008 17:35:16 GMT - Yahoo! News: Earnings News
    First Horizon posts loss, names CEO (Reuters)
    Reuters - First Horizon National Corp , the largest bank in Tennessee, said on Monday that it reported a second-quarter loss, amid continuing difficulties in the credit markets. -- read full article
    Tue, 15 Jul 2008 01:38:38 GMT - Yahoo! News: Earnings News
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