| Corporate Earnings Headlines |
| Timken raises earnings forecast, shares soar
(Reuters)
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| Reuters - Timken Co , a maker of
industrial bearings and specialty steel, on Monday issued
earnings estimates that were higher than Wall Street
expectations, as strong global demand offsets weakness in U.S.
auto markets, sending shares up 25 percent. -- read full article |
| Mon, 21 Jul 2008 14:01:07 GMT - Yahoo! News: Earnings News |
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| Hasbro profit tops view; costs remain challenging
(Reuters)
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| Reuters - Toymaker Hasbro Inc posted
higher-than-expected quarterly profit on Monday, helped by
sales of toys tied to movies like the latest "Indiana Jones"
and brands such as G.I. Joe, and unveiled plans to hike prices
to combat rising costs. -- read full article |
| Mon, 21 Jul 2008 14:58:39 GMT - Yahoo! News: Earnings News |
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| BofA 2Q profit shrinks, beats Wall Street
(AP)
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| AP - Bank of America Corp. has become the latest in a string of big banks whose second-quarter earnings, while hurting from the impact of the credit crisis, still managed to beat Wall Street expectations.
-- read full article |
| Mon, 21 Jul 2008 17:32:17 GMT - Yahoo! News: Earnings News |
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| Stocks eye banks, short-sale rule
(Reuters)
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| Reuters - In the heart of earnings season, stock
market investors will scrutinize a raft of regional bank
earnings this week for more write-offs that could send the
market tumbling. -- read full article |
| Sun, 20 Jul 2008 23:20:46 GMT - Yahoo! News: Earnings News |
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| Wall Street mixed after earnings reports
(AP)
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| AP - Wall Street closed out an impressive week with a mixed performance Friday after disappointing high-tech earnings punctured some of investors' enthusiasm over better-than-expected bank earnings reports. But the major indexes still ended the week with big gains, the result of rising optimism about the troubled financial sector.
-- read full article |
| Fri, 18 Jul 2008 21:34:45 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 22:26:23 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 22:28:39 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 22:36:40 GMT - Yahoo! News: Earnings News |
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