| Corporate Earnings Headlines |
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| Anheuser-Busch 2Q profit rises 1.8 percent
(AP)
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| 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 |
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| Hershey 2Q profit, sales up after price increase
(AP)
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| 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 |
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| Yahoo CEO remains upbeat despite lackluster 2Q
(AP)
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| 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 |
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| Costco warns on profit, stock tumbles
(Reuters)
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| 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 |
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| PepsiCo 2Q profit rises 9 percent
(AP)
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| 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 |
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| Summary Box: AT&T profit up 30 pct
(AP)
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| 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 |
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| ConocoPhillips 2Q profit soars
(AP)
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| 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 |
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| Summary Box: McDonald's swings to 2Q profit
(AP)
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| 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 |
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| Caterpillar profit beats views, boosts '08 outlook
(Reuters)
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| 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 |
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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 20:58:09 GMT - Yahoo! News: Earnings News |
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