| Corporate Earnings Headlines |
| Honeywell 2nd-qtr profit up 18 pct, hikes forecast
(Reuters)
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| Reuters - Diversified U.S. manufacturer Honeywell
International Inc said on Friday that quarterly profit
rose 18.3 percent on strong demand for aircraft electronics and
environment and security control systems used in large
commercial buildings. -- read full article |
| Fri, 18 Jul 2008 11:12:43 GMT - Yahoo! News: Earnings News |
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| IStar: credit market deterioration impacts Q2 earnings
(Reuters)
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| Reuters - IStar Financial Inc , which lends
primarily to real estate-related businesses, said it expects to
post a second-quarter operating loss, excluding a gain from
asset sales, hurt by higher loan loss provisions,
mark-to-market impairments and goodwill write-offs. -- read full article |
| Fri, 18 Jul 2008 12:09:52 GMT - Yahoo! News: Earnings News |
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| Mattel second-quarter profit tops view; shares up
(Reuters)
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| Reuters - Mattel Inc , fresh off a big
court victory over Bratz dolls, posted a better-than-expected
quarterly profit on Friday on higher sales of products tied to
movies like "Speed Racer" and "Kung Fu Panda," and its shares
rose 12 percent. -- read full article |
| Fri, 18 Jul 2008 15:02:11 GMT - Yahoo! News: Earnings News |
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| Earnings Preview: Stanley Works
(AP)
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| AP - Tool maker The Stanley Works reports earnings for the second quarter on Tuesday. The following is a summary of key developments and analyst opinion related to the period. -- read full article |
| Fri, 18 Jul 2008 15:15:16 GMT - Yahoo! News: Earnings News |
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| 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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