| Corporate Earnings Headlines |
| Schlumberger second-quarter profit up, outlook bullish
(Reuters)
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| Reuters - Schlumberger Ltd posted a
better-than-expected jump in quarterly profit on Friday and the
world's largest oilfield services company gave an upbeat
outlook for energy companies' spending on oil and gas
exploration that helped push its shares up 4 percent. -- read full article |
| Fri, 18 Jul 2008 15:34:05 GMT - Yahoo! News: Earnings News |
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| Crude prices help lift Schlumberger 2Q profit
(AP)
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| AP - Oilfield services provider Schlumberger Ltd. opened the petroleum sector's midyear earnings period on a strong note Friday, reporting a nearly 13 percent jump in profit driven by robust spending among customers searching for new sources of crude and natural gas. -- read full article |
| Fri, 18 Jul 2008 15:57:56 GMT - Yahoo! News: Earnings News |
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| Honeywell 2Q profit rises 18 pct, boosts view
(AP)
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| AP - Second quarter earnings rose 18 percent at Honeywell International Inc. and the diversified manufacturer raised its 2008 forecast Friday as its global reach helped buffer the company from the deep woes faced by the U.S. economy. -- read full article |
| Fri, 18 Jul 2008 16:10:27 GMT - Yahoo! News: Earnings News |
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| Mattel's 2Q profit falls sharply, but tops view
(AP)
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| AP - Mattel Inc. said Friday its second-quarter profit fell by nearly half as higher costs offset strong sales of toys related to summer movies like "Kung Fu Panda" and the latest Batman film and the benefit from the weaker dollar.
-- read full article |
| Fri, 18 Jul 2008 16:34:34 GMT - Yahoo! News: Earnings News |
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| Analysts see much higher 2008 loss for Merrill
(Reuters)
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| Reuters - Wall Street analysts widened their
2008 loss estimates for Merrill Lynch & Co on Friday, a
day after the investment bank posted a quarterly loss much
bigger than market expectations and unveiled plans to sell
assets to shore up capital. -- read full article |
| Fri, 18 Jul 2008 16:41:10 GMT - Yahoo! News: Earnings News |
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| A look at Mattel 2nd-quarter sales by division
(AP)
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| AP - Toy maker Mattel Inc. said Friday that second-quarter sales rose 11 percent to $1.11 billion, with a strong showing from items related to summer movies like "Kung Fu Panda" and the latest Batman film. International sales rose 15 percent, mainly coming from the effect of the weaker dollar, while U.S. sales rose 3 percent. -- read full article |
| Fri, 18 Jul 2008 17:35:24 GMT - Yahoo! News: Earnings News |
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| Treasury prices edge lower as stocks rise
(AP)
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| AP - Treasury prices fell sharply Thursday as several upbeat earnings reports, falling energy prices and an unexpected jump in housing starts alleviated some of investors' concerns about the economy. -- read full article |
| Thu, 17 Jul 2008 21:11:26 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 21:45:51 GMT - Yahoo! News: Earnings News |
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