| Corporate Earnings Headlines |
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| Xerox 2Q profit declines 19 pct, but meets views
(AP)
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| AP - Xerox Corp.'s second-quarter profit skidded 19 percent, but matched Wall Street's forecast, as the office-equipment maker was hurt by restructuring charges while its cash-cow supplies and services business hummed along smoothly. -- read full article |
| Thu, 24 Jul 2008 15:51:15 GMT - Yahoo! News: Earnings News |
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| Summary Box: Xerox 2Q profit falls 19 pct
(AP)
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| AP - THE EARNINGS: Xerox Corp.'s second-quarter profit fell 19 percent, but matched Wall Street's forecast, as restructuring charges weighed on the office-equipment maker. The Norwalk, Conn.-based company's cash-cow supplies and services business hummed along smoothly. Sales of $4.53 billion, an 8 percent improvement, also were in line with analyst expectations. -- read full article |
| Thu, 24 Jul 2008 16:25:02 GMT - Yahoo! News: Earnings News |
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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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