| Corporate Earnings Headlines |
| Sherwin-Williams 2Q profit falls; tops forecast
(AP)
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| AP - A weak housing market and higher material costs dragged Sherwin-Williams Co.'s second-quarter profit down 15 percent, the paint-maker said Thursday. The company said it would raise prices for the third time this year. -- read full article |
| Thu, 17 Jul 2008 16:23:07 GMT - Yahoo! News: Earnings News |
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| Stocks surge as falling energy prices bolster mood
(AP)
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| AP - Wall Street is surging for the second straight day as tumbling energy prices bolster an already upbeat mood in the market. The Dow Jones industrial average is up 170 points at the 11,409 level, and has been up more than 200 in afternoon trading.
-- read full article |
| Thu, 17 Jul 2008 18:37:45 GMT - Yahoo! News: Earnings News |
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| Safeway 2Q profit rises, shares tumble on outlook
(AP)
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| AP - Higher gas sales and a boost from its more upscale stores helped grocer Safeway Inc. post slightly higher second-quarter earnings Thursday, but a downbeat outlook because of consumers cutting back sent its shares tumbling more than 10 percent. -- read full article |
| Thu, 17 Jul 2008 18:02:55 GMT - Yahoo! News: Earnings News |
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| American Airlines' parent swings to big 2Q loss
(AP)
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| AP - The parent of American Airlines swung to a big loss in the second quarter, but shares in the nation's biggest carrier soared one-third higher on Wednesday as oil prices fell, offering hope that jet fuel might get cheaper too. -- read full article |
| Wed, 16 Jul 2008 20:21:07 GMT - Yahoo! News: Earnings News |
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| Delta, AMR post combined $2.5 billion 2Q loss
(AP)
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| AP - The red ink is mounting for airlines amid soaring fuel costs, leaving them little choice but to further hike ticket prices. As Delta Air Lines and American Airlines reported big second-quarter losses Wednesday, they signaled customers should expect more hits to their checkbooks. -- read full article |
| Wed, 16 Jul 2008 20:35:19 GMT - Yahoo! News: Earnings News |
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| Yum margin weakness sends shares down 5 pct
(Reuters)
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| Reuters - Taco Bell, Pizza Hut and KFC parent
Yum Brands Inc on Wednesday posted a 5 percent rise in
quarterly profit, but shares fell more than 5 percent as rising
commodity prices ate into restaurant margins in the United
States and China. -- read full article |
| Wed, 16 Jul 2008 21:49:14 GMT - Yahoo! News: Earnings News |
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| Yum Brands reports 4 percent higher 2Q profit
(AP)
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| AP - Fast-food company Yum Brands Inc. said Wednesday its second-quarter profit grew 4 percent as its overseas operations delivered hefty earnings that offset slumping U.S. profits dragged down by higher commodity costs.
-- read full article |
| Thu, 17 Jul 2008 00:05:25 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. Its shares fell more than 4 percent.
-- read full article |
| Thu, 17 Jul 2008 00:35:44 GMT - Yahoo! News: Earnings News |
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