| Corporate Earnings Headlines |
| Gannett quarterly profit falls, plans writedown
(Reuters)
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| Reuters - Gannett Co Inc , the largest
U.S. newspaper publisher, posted a 36 percent drop in
preliminary quarterly profit on Wednesday because of a
worsening decline in print advertising sales, and said it plans
to take a writedown that could be as high as $2.9 billion. -- read full article |
| Wed, 16 Jul 2008 12:49:00 GMT - Yahoo! News: Earnings News |
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| Gannett 2Q profit falls by 36 percent
(AP)
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| 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 |
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| US Bancorp second-quarter profit falls 18 percent
(AP)
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| 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 |
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| Sun Micro shares up on preliminary earnings
(Reuters)
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| 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 |
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| Intel 2Q profit jump reflects healthy PC demand
(AP)
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| 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 |
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| Eaton profit rises 35 percent
(Reuters)
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| 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 |
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