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    Corporate Earnings Headlines
    McDonald's returns to profitability in 2nd-quarter (AP)

    In this March 18, 2008 file photo, the marquis of a Times Square McDonald's is reflected on a taxi in New York. McDonald's says it swung to a profit in its second quarter, Wednesday, July 23, 2008, helped by a gain from selling its interest in a gourmet sandwich chain and strong sales of breakfast items, chicken sandwiches and beverages.  (AP Photo/Mark Lennihan, file)AP - Consumers helped bring McDonald's Corp. back to profitability in the second quarter by spending on breakfast biscuits, new chicken sandwiches and drinks despite the tough economy in the U.S.


    -- read full article
    Wed, 23 Jul 2008 16:12:02 GMT - Yahoo! News: Earnings News
    Anheuser-Busch 2Q profit rises 1.8 percent (AP)
    AP - The nation's largest brewer, Anheuser-Busch Cos. Inc., reported a 1.8 percent rise in second-quarter profit on Wednesday on higher sales of its main brands and the successful launch of Bud Light Lime. -- read full article
    Wed, 23 Jul 2008 16:20:09 GMT - Yahoo! News: Earnings News
    Hershey 2Q profit, sales up after price increase (AP)

    In this April 19, 2007 file photo, a bite is taken out of one of Hershey's extra dark assortment of chocolates in North Andover, Mass. Hershey, the nation's largest candy maker, is reporting higher second-quarter sales and profit Wednesday, July 23, 2008, as it benefits from a price increase and streamlined production. (AP Photo/Elise Amendola, file)AP - Raising prices and streamlining its production lines helped Hershey to dramatically higher second-quarter sales and profit, the nation's largest candy maker said Wednesday, even as it absorbs spiraling commodity costs and puts new emphasis on marketing muscle.


    -- read full article
    Wed, 23 Jul 2008 16:28:50 GMT - Yahoo! News: Earnings News
    Bud Lite Lime boosts Anheuser-Busch profits (Reuters)
    Reuters - Brewer Anheuser-Busch Cos Inc , which has agreed to be acquired by Belgian rival InBev NV , reported higher quarterly profit on Wednesday, helped by price increases and the launch of Bud Light Lime. -- read full article
    Wed, 23 Jul 2008 16:33:47 GMT - Yahoo! News: Earnings News
    Boeing's profit drops but it sticks to outlook (Reuters)

    Dinesh Keskar, senior vice president for sales, commercial airplanes Boeing Co, speaks during a news conference in Mumbai July 23, 2008. Boeing Co sees an uptick in demand for aircraft in India, despite a current downturn in the domestic aviation market on account of high fuel prices and overcapacity, a senior company official said on Wednesday. REUTERS/Arko Datta (INDIA)Reuters - Boeing Co reported a bigger-than-expected 19 percent drop in quarterly profit on Wednesday as it took a charge on a delayed military plane contract and suffered effects of its troubled 787 Dreamliner program.


    -- read full article
    Wed, 23 Jul 2008 16:36:25 GMT - Yahoo! News: Earnings News
    Yahoo CEO remains upbeat despite lackluster 2Q (AP)

    A laptop is seen under the logo of Yahoo at a trade fair in Dusseldorf. Struggling Internet pioneer Yahoo reported on Tuesday that its second-quarter profit slipped to 131 million dollars and called on investors to have faith in better times ahead.(DDP/AFP/File/Michael Gottschalk)AP - With Microsoft's $47.5 billion takeover bid off the table and his company's stock price down 20 percent during his 13-month reign as Yahoo's CEO, Jerry Yang has a message for his exasperated shareholders: Things aren't as bleak as they look.


    -- read full article
    Wed, 23 Jul 2008 16:39:55 GMT - Yahoo! News: Earnings News
    Costco warns on profit, stock tumbles (Reuters)
    Reuters - Costco Wholesale Corp warned on Wednesday that its quarterly profit would miss current Wall Street targets because of soaring energy costs and other inflationary pressures, sending shares of the No. 1 U.S. warehouse club operator down as much as 13.5 percent. -- read full article
    Wed, 23 Jul 2008 16:45:18 GMT - Yahoo! News: Earnings News
    Whirlpool reports 27 percent dip in 2Q profit (AP)
    AP - Household appliance maker Whirlpool Corp. said Wednesday its second-quarter profit fell 27 percent because of higher material and oil-related costs, and lower U.S. demand. -- read full article
    Wed, 23 Jul 2008 17:46:20 GMT - Yahoo! News: Earnings News
    PepsiCo 2Q profit rises 9 percent (AP)

    Pepsi products are delivered to a store in Omaha, Neb., May 20, 2008. Snacks and drinks company PepsiCo says its profit rose 9 percent in the second quarter, Wednesday, July 23, 2008, on strong international growth.  (AP Photo/Nati Harnik)AP - American consumers shying away from bottled water and soft drinks hurt PepsiCo's bottom line, but growth in its international and Frito-Lay snack businesses was strong enough to lead the company to a 9 percent rise in second-quarter profit.


    -- read full article
    Wed, 23 Jul 2008 18:19:44 GMT - Yahoo! News: Earnings News
    Summary Box: AT&T profit up 30 pct (AP)
    AP - KEY RESULTS: Investors expected the weak economy to finally catch up to AT&T, and it did, but not as badly as many feared. Profit was up 30 percent, even though more customers disconnected their landlines. -- read full article
    Wed, 23 Jul 2008 18:23:42 GMT - Yahoo! News: Earnings News
    ConocoPhillips 2Q profit soars (AP)

    In this June 30, 2008 file photo, Erick Kelly, a petroleum driver for ConocoPhillips, puts away hoses after filling tanks at a gas station in north Seattle. Oil giant ConocoPhillips says record crude prices helped its second-quarter profit dwarf year-ago results, Wednesday, July 23, 2008, when the company incurred a $4.5 billion charge related to its former assets in Venezuela. (AP Photo/Elaine Thompson, file)AP - Record crude prices helped oil giant ConocoPhillips' second-quarter profit climb 13 percent from adjusted results a year ago, beginning what is expected to be a string of robust earnings announcements from major oil companies.


    -- read full article
    Wed, 23 Jul 2008 18:25:44 GMT - Yahoo! News: Earnings News
    Summary Box: McDonald's swings to 2Q profit (AP)
    AP - KEY RESULTS: McDonald's Corp. swung to a second-quarter profit, helped by strong worldwide sales and a gain from selling its stake in sandwich chain Pret A Manger. Revenue rose 4 percent overall. -- read full article
    Wed, 23 Jul 2008 18:44:50 GMT - Yahoo! News: Earnings News
    AT&T 2Q profit up 30 pct, matching Street's view (AP)
    AP - AT&T Inc.'s second-quarter financial results Wednesday indicated that the weak economy is catching up to the nation's largest telecommunications company, but investors were largely satisfied with what they saw. -- read full article
    Wed, 23 Jul 2008 18:45:34 GMT - Yahoo! News: Earnings News
    Caterpillar profit beats views, boosts '08 outlook (Reuters)

    A large earth moving Caterpillar truck is on display at the Altorfer Caterpillar dealership and service center in Springfield, Ill., Tuesday, July 22, 2008. 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. (AP Photo/Seth Perlman)Reuters - Construction and mining equipment company Caterpillar Inc said on Tuesday that its quarterly earnings rose a surprising 34 percent as strong sales in the developing world offset continued weakness in North America and creeping softness in Western Europe and Japan.


    -- read full article
    Tue, 22 Jul 2008 19:49:55 GMT - Yahoo! News: Earnings News
    Booming oil means record 2Q sales for Halliburton (AP)
    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 20:58:09 GMT - Yahoo! News: Earnings News
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