| Corporate Earnings Headlines |
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| Stocks tumble after sales of existing homes fall
(AP)
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| AP - Stocks skidded lower Thursday after a steeper-than-expected decline in existing home sales wiped away some of the market's optimism about upbeat earnings reports. The major indexes fell more than 1 percent, including the Dow Jones industrial average, which fell more than 200 points.
-- read full article |
| Thu, 24 Jul 2008 18:25:24 GMT - Yahoo! News: Earnings News |
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| Dow Chemical reports decline in 2Q profit
(AP)
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| AP - Dow Chemical Co. said Thursday that despite record sales and two double-digit price increases unveiled in the second quarter, its profit for the period fell 27 percent, in large part because of sharply higher costs for energy and raw materials. -- read full article |
| Thu, 24 Jul 2008 19:00:24 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 21:01:36 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 21:47:10 GMT - Yahoo! News: Earnings News |
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| Sallie Mae's 2Q profit falls 72 percent
(AP)
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| AP - Student lender SLM Corp., more commonly known as Sallie Mae, said Wednesday its second-quarter profit plunged 72 percent as funding costs remained high amid further weakening in the credit markets and the company took charges related to its restructuring. -- read full article |
| Wed, 23 Jul 2008 22:29:08 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 23:09:01 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 23:10:40 GMT - Yahoo! News: Earnings News |
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