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    Corporate Earnings Headlines
    US airlines battling stiff headwinds from high fuel prices (AFP)

    An airplane comes in for a landing. The top US airlines have posted heavy losses in the current earnings season as spiraling fuel prices have forced them to cut flights, fleets and staff, as well as raise fares and add fees.(AFP/File/Paul Ellis)AFP - The top US airlines have posted heavy losses in the current earnings season as spiraling fuel prices have forced them to cut flights, fleets and staff, as well as raise fares and add fees.


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    Wed, 23 Jul 2008 23:29:03 GMT - Yahoo! News: Earnings News
    Weak dollar, foreign sales boost drugmakers (AP)

    The American flag is seen reflected in the Pfizer world headquarters building,  Tuesday, July 22, 2008 in New York. Drug maker Pfizer says its second-quarter profit more than doubled as restructuring charges declined and the weak dollar helped lift overseas revenue.  (AP Photo/Mary Altaffer)AP - Profits posted Wednesday by Pfizer Inc. and Wyeth show a common theme among pharmaceutical companies — nearly all the growth they're seeing these days is overseas, driven by emerging markets and the weak dollar.


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    Wed, 23 Jul 2008 23:42:35 GMT - Yahoo! News: Earnings News
    Qualcomm posts quarterly profit, revenue rises (Reuters)

    The U.S. flag flies next to one of Qualcomm's many buildings in San Diego, California, July 22, 2008. (Mike Blake/Reuters)Reuters - Mobile phone chip and technology supplier Qualcomm Inc on Wednesday posted a profit for its fiscal third quarter and revenue rose amid increasing demand for phones with high-speed Web links.


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    Wed, 23 Jul 2008 23:43:08 GMT - Yahoo! News: Earnings News
    Sallie Mae quarterly earnings fall 72 percent (Reuters)
    Reuters - Sallie Mae , the largest U.S. student loan company, said on Wednesday second-quarter net income fell 72 percent, hurt by restructuring expenses, but results were better than analysts had expected. -- read full article
    Wed, 23 Jul 2008 23:48:50 GMT - Yahoo! News: Earnings News
    Amazon profit, sales above view and shares rise (Reuters)

    A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008. (Rick Wilking/Reuters)Reuters - Amazon.com Inc said on Wednesday quarterly profit doubled and sales grew 41 percent, indicating to Wall Street that many cost-conscious shoppers are heading online to save money in a tough economy.


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    Thu, 24 Jul 2008 00:51:14 GMT - Yahoo! News: Earnings News
    Tupperware reports slightly higher quarterly profit (Reuters)
    Reuters - Tupperware Brands Corp , whose food storage containers are sold at in-home parties, posted slightly higher quarterly net income on Wednesday, boosted by strong sales in all five of its business segments. -- read full article
    Thu, 24 Jul 2008 02:11:36 GMT - Yahoo! News: Earnings News
    Amazon shrugs off high gas prices, weak economy (AP)

    A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008. Amazon.com will report second-quarter results later Wednesday. REUTERS/Rick Wilking (UNITED STATES)AP - Amazon.com Inc. doesn't seem to be bothered by high gas prices or the sputtering U.S. economy.


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    Thu, 24 Jul 2008 05:50:07 GMT - Yahoo! News: Earnings News
    Canon reports 13 percent drop in profit (AP)

    A man walks by a Canon sales booth at a Tokyo store Thursday, July 24, 2008. Japanese camera maker Canon Inc. reported a 13 percent plunge in profit Thursday for the second quarter as a stronger yen and sluggish sales of business equipment chipped away at earnings. (AP Photo/Katsumi Kasahara)AP - Canon Inc. said Thursday its second-quarter profit fell 13 percent from a year ago as a stronger yen chipped away at the value of booming overseas sales of color copiers.


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    Thu, 24 Jul 2008 08:52:14 GMT - Yahoo! News: Earnings News
    ConocoPhillips earnings rise with record oil prices (Reuters)
    Reuters - ConocoPhillips said on Wednesday second-quarter operating earnings rose 13 percent as record crude prices propelled profits from its oil and gas production business, but sapped results at its refining business. -- read full article
    Wed, 23 Jul 2008 14:11:26 GMT - Yahoo! News: Earnings News
    International sales lift Pfizer 2Q profit (AP)

    The American flag is seen reflected in the Pfizer world headquarters building,  Tuesday, July 22, 2008 in New York. Drug maker Pfizer says its second-quarter profit more than doubled as restructuring charges declined and the weak dollar helped lift overseas revenue.  (AP Photo/Mary Altaffer)AP - Pfizer Inc. on Wednesday said its second-quarter profit more than doubled as restructuring charges declined and the weak dollar helped lift overseas revenue, offsetting new generic competition and enabling the company to just beat Wall Street expectations.


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    Wed, 23 Jul 2008 14:27:30 GMT - Yahoo! News: Earnings News
    NY Times misses Wall Street revenue forecast (AP)

    A man stops to pick up a freely distributed newspaper across the street from The New York Times building on Tuesday, July 22, 2008 in New York. New York Times Co. says its second-quarter earnings fell 82 percent from the year-ago quarter boosted by a one-time gain. Meanwhile, print advertising revenue continued to shrink. (AP Photo/Mark Lennihan)AP - New York Times Co.'s second-quarter earnings fell 82 percent from a year ago, when it saw a one-time gain from the sale of a unit, but print advertising continued to shrink and pulled down operating income, the publisher said Wednesday.


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    Wed, 23 Jul 2008 14:28:34 GMT - Yahoo! News: Earnings News
    Stocks advance following sharp drop in oil prices (AP)

    Traders Richard Farrell, left, and Christopher Carrella, both with Kellogg Specialist Group, work at computer terminals during early trading at the New York Stock Exchange, Thursday July17, 2008. The Dow Jones industrial average rose more than 100 points after Wall Street extended its rally into a second session.  (AP Photos/Bebeto Matthews)AP - Stocks rose moderately Wednesday as another decline in oil prices and several upbeat profit reports eased some of Wall Street's concerns about the economy.


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    Wed, 23 Jul 2008 18:42:57 GMT - Yahoo! News: Earnings News
    Boeing's 2Q profit falls 19 percent on charge (AP)

    Cars drive away from Boeing Co.'s Everett, Wash. assembly plant, July 9, 2008. Boeing Co. says its second-quarter earnings fell 19 percent, Wednesday, July 23, 2008, as lower costs failed to offset a previously disclosed charge of $248 million related to a defense program. (AP Photo/Ted S. Warren)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.


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    Wed, 23 Jul 2008 14:40:03 GMT - Yahoo! News: Earnings News
    Anheuser-Busch second-quarter profit rises (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 the launch of Bud Light Lime. -- read full article
    Wed, 23 Jul 2008 15:27:05 GMT - Yahoo! News: Earnings News
    EMC 2Q profit jumps 13 pct, tops Wall Street views (AP)
    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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