| Corporate Earnings Headlines |
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| United Tech profit beats Street, raises forecast
(Reuters)
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| Reuters - Diversified U.S. manufacturer United
Technologies Corp reported better-than-expected quarterly
profit Thursday on solid demand for Otis elevators and fire and
security equipment from the commercial construction sector,
sending its shares up almost 5 percent. -- read full article |
| Thu, 17 Jul 2008 13:40:28 GMT - Yahoo! News: Earnings News |
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| Harley 2Q profit tumbles on fewer shipments
(AP)
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| AP - Harley-Davidson Inc. said Thursday its second-quarter profit fell sharply as a weak economy, record-high gas prices and lower consumer confidence continued to hobble the iconic motorcycle maker's shipments and sales.
-- read full article |
| Thu, 17 Jul 2008 14:56:26 GMT - Yahoo! News: Earnings News |
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| Elevators lift United Technologies' 2Q results
(AP)
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| AP - United Technologies Corp.'s second-quarter profit rose 11 percent, as the maker of everything from jet engines to ventilation systems reported strong growth at its subsidiaries Otis elevator and Carrier air conditioner. -- read full article |
| Thu, 17 Jul 2008 15:18:53 GMT - Yahoo! News: Earnings News |
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| 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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