| Corporate Earnings Headlines |
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| Boeing's 2Q profit falls 19 percent on charge
(AP)
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| AP - Boeing Co., the world's second-largest commercial airplane maker, on Wednesday said second-quarter earnings fell 19 percent due to a previously disclosed $248 million charge for delays in fulfilling a defense contract.
-- read full article |
| Wed, 23 Jul 2008 14:40:03 GMT - Yahoo! News: Earnings News |
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| EMC 2Q profit jumps 13 pct, tops Wall Street views
(AP)
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| AP - EMC Corp. said Wednesday its second-quarter profit climbed 13 percent, topping Wall Street's forecasts, as the data storage specialist rang up record sales despite fears that economic uncertainty is tamping down information technology spending. -- read full article |
| Wed, 23 Jul 2008 15:47:10 GMT - Yahoo! News: Earnings News |
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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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