| Corporate Earnings Headlines |
| Washington Mutual posts 2Q loss of $3.3 billion
(AP)
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|  AP - Washington Mutual, the Seattle-based bank known for its buoyant advertising slogan, "Whoo hoo!," had little to cheer about as it reported a staggering $3 billion loss — the biggest quarterly loss in its history.
-- read full article |
| Wed, 23 Jul 2008 05:24:34 GMT - Yahoo! News: Earnings News |
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| Lockheed 2Q profit up 13 percent
(AP)
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| AP - Lockheed Martin Corp. said Tuesday that second-quarter earnings rose 13 percent as a drop in its fighter jet business was offset by higher sales in its space, electronic systems and information technology units. -- read full article |
| Tue, 22 Jul 2008 12:49:07 GMT - Yahoo! News: Earnings News |
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| Forest Labs quarterly profit beats estimates
(Reuters)
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| Reuters - Forest Laboratories Inc
reported a 9 percent decline in quarterly profit on Tuesday on
higher sales and administrative costs, but results were better
than expected and the company forecast fiscal-year earnings
ahead of analyst projections. -- read full article |
| Tue, 22 Jul 2008 13:04:40 GMT - Yahoo! News: Earnings News |
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| Caterpillar's 2Q profit jumps 34 percent
(AP)
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| AP - Caterpillar Inc.'s second-quarter profit jumped 34 percent as stronger international sales outpaced higher raw material and freight costs for the maker of backhoes and other heavy equipment. -- read full article |
| Tue, 22 Jul 2008 13:58:01 GMT - Yahoo! News: Earnings News |
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| UPS reports 2Q profit decline, lowers outlook
(AP)
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| AP - UPS Inc., the world's largest shipping carrier, said Tuesday its profit fell nearly 21 percent in the second quarter despite a more than 6 percent increase in sales. The company also lowered its outlook for the year amid a slumping U.S. economy. -- read full article |
| Tue, 22 Jul 2008 14:05:02 GMT - Yahoo! News: Earnings News |
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| UAL reports 2Q loss of $2.73 billion
(AP)
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|  AP - United Airlines parent UAL Corp. said Tuesday it lost $2.73 billion in the second quarter on a combination of accounting charges and high fuel prices, and said it would reduce its work force by 7,000 people by the end of 2009 as it permanently reduces the amount of flying it does.
-- read full article |
| Tue, 22 Jul 2008 14:13:18 GMT - Yahoo! News: Earnings News |
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| UAL posts loss on fuel, ramps up downsizing effort
(Reuters)
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| Reuters - UAL Corp on Tuesday posted a
steep quarterly loss on soaring fuel prices and said it would
eliminate nearly 13 percent of its work force as part of a
major downsizing, sending shares of the United Airlines parent
soaring more than 16 percent. -- read full article |
| Tue, 22 Jul 2008 14:27:51 GMT - Yahoo! News: Earnings News |
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| Lockheed Martin beats estimate, raises forecast
(Reuters)
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| Reuters - Lockheed Martin Corp reported
a greater-than-expected 13 percent increase in quarterly profit
and raised its full-year profit forecast as sales of its
electronic defense systems and a one-time gain offset lower
sales for its F-16 fighter jet program. -- read full article |
| Tue, 22 Jul 2008 15:11:27 GMT - Yahoo! News: Earnings News |
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| Booming oil means record 2Q sales for Halliburton
(AP)
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| AP - Halliburton's second-quarter profit fell about 67 percent from a year ago, when it recorded a nearly $1 billion gain from its split with former subsidiary KBR, but the oilfield services provider posted record revenue and said prospects look good for the remainder of 2008. -- read full article |
| Tue, 22 Jul 2008 15:15:05 GMT - Yahoo! News: Earnings News |
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| UnitedHealth 2Q profit falls on charges, tops view
(AP)
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| AP - Shares of managed-care provider UnitedHealth Group Inc. jumped 9 percent Tuesday after the company reported sharply lower second-quarter earnings because of lawsuit settlements and a tough economy, but still beat Wall Street expectations. -- read full article |
| Tue, 22 Jul 2008 15:29:19 GMT - Yahoo! News: Earnings News |
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