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    Corporate Earnings Headlines
    Avon Products 2nd-quarter profit more than doubles (AP)

    In this 2007 handout file photo provided by Avon, various products from the Anew collection is shown. Avon Products says second-quarter profit more than doubled as the cosmetics company recorded strong sales abroad, Wednesday July 30, 2008.. (AP Photo/Avon, Inc.)AP - Strong sales internationally, especially in Latin America and Eastern Europe, helped Avon Products Inc. more than double its second-quarter profit, the cosmetics company said Wednesday. Its shares surged more than 15 percent.


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    Wed, 30 Jul 2008 16:22:10 GMT - Yahoo! News: Earnings News
    IAC swings to 2Q loss on charges (AP)
    AP - IAC/InterActiveCorp said Wednesday that it swung to a second-quarter loss, hurt by a $300 million writedown in a catalog business, but excluding that and other charges its earnings beat analysts' estimates. -- read full article
    Wed, 30 Jul 2008 16:25:23 GMT - Yahoo! News: Earnings News
    Office supply retailers struggle in North America (AP)

    Office Depot customer buys paper at Office Depot in Mountain View, Calif., Tuesday, July 29, 2008. Office-supply retailer Office Depot Inc. says it lost $2 million in the second quarter and cited weak demand in North America. (AP Photo/Paul Sakuma)AP - Office supply retailers felt no relief from the pinch of weaker spending by consumers and small businesses, with both Office Depot and OfficeMax citing the struggling economy as they reported losses for the second quarter.


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    Wed, 30 Jul 2008 18:08:55 GMT - Yahoo! News: Earnings News
    BP profit up, Valero down in 2Q (AP)

    OPEC President Chakib Khelil speaks in front of oil industry officials in Jakarta July 29, 2008. OPEC should not consider cutting production after oil's steep two-week decline as markets are now balanced, Khelil said on Tuesday, adding that prices could yet fall another $50 a barrel.  REUTERS/Enny Nuraheni  (INDONESIA)AP - The roiling global oil market continues to pick its winners and losers, as oil giant BP PLC reported a 28 percent rise in second-quarter profit while North America's largest refiner, Valero, said its earnings for the same period fell 67 percent.


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    Tue, 29 Jul 2008 19:31:52 GMT - Yahoo! News: Earnings News
    MetLife posts 19 percent drop in Q2 net (Reuters)

    A MetLife flag in a file photo. MetLife, the largest life insurer in the United States, said on Tuesday its second-quarter profit fell 19 percent, missing Wall Street expectations and sending shares down nearly 10 percent. (Chip East/Reuters)Reuters - MetLife Inc , the largest life insurer in the United States, said on Tuesday its second-quarter profit fell as investments took a hit, missing Wall Street expectations and sending shares down nearly 10 percent.


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    Tue, 29 Jul 2008 21:04:26 GMT - Yahoo! News: Earnings News
    Viacom Q2 profit beats Wall Street estimates (Reuters)

    The MTV logo can be seen on a sign in front of the MTV studios in Times Square New York December 12, 2007. (Lucas Jackson/Reuters)Reuters - Viacom Inc (VIAb.N), the owner of MTV Networks, posted a better-than-expected quarterly profit on Tuesday, boosted by box office hits "Iron Man" and the latest "Indiana Jones," but U.S. cable network ad sales growth fell below the company's projections.


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    Tue, 29 Jul 2008 20:19:09 GMT - Yahoo! News: Earnings News
    Valero 2Q profit falls 67 pct on thinner margins (AP)
    AP - Valero Energy Corp., North America's largest refiner, said Tuesday its second-quarter profit fell 67 percent as refining margins for products like gasoline shrank. -- read full article
    Tue, 29 Jul 2008 21:27:07 GMT - Yahoo! News: Earnings News
    Viacom posts higher profit but cable ad sales weak (Reuters)

    The main gate to Paramount Pictures Studios, a division of Viacom, Inc. is pictured in Los Angeles, July 29, 2008. (Fred Prouser/Reuters)Reuters - Viacom Inc (VIAb.N) reported lower-than-expected advertising sales at its cable television networks due to weakness in sectors such as retail and automotives, and said the short-term economic outlook was "difficult to predict."


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    Tue, 29 Jul 2008 22:35:50 GMT - Yahoo! News: Earnings News
    Hanesbrands 2Q profit misses expectations (AP)
    AP - Hanesbrands Inc. said Tuesday that its second-quarter profit more than doubled, but the results missed expectations amid softer demand for its intimate apparel and later orders for back-to-school products. -- read full article
    Tue, 29 Jul 2008 22:18:53 GMT - Yahoo! News: Earnings News
    Denny's 2Q earnings drop amid tough economy (AP)
    AP - Denny's Corp. said Tuesday that its net income plummeted in the second quarter because of the sale of some company stores and weak consumer spending. -- read full article
    Tue, 29 Jul 2008 22:26:08 GMT - Yahoo! News: Earnings News
    Pilgrim's Pride swings to 3Q loss (AP)
    AP - Pilgrim's Pride Corp., the nation's largest chicken producer, said Tuesday that it lost $52.8 million in its third quarter because of record-high grain costs that have made animal feed far more expensive and prices charged to consumers aren't rising fast enough because of an oversupply. -- read full article
    Tue, 29 Jul 2008 22:40:52 GMT - Yahoo! News: Earnings News
    MetLife posts earnings drop; misses view (Reuters)

    A MetLife flag in a file photo. MetLife, the largest U.S. life insurer, said on Tuesday its second-quarter profit fell as investments took a hit and insurance earnings declined, sending its shares down nearly 10 percent. (Chip East/Reuters)Reuters - MetLife Inc , the largest U.S. life insurer, said on Tuesday its second-quarter profit fell on investment losses and a decline in insurance earnings, sending its shares sliding nearly 10 percent.


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    Tue, 29 Jul 2008 22:48:17 GMT - Yahoo! News: Earnings News
    Amgen, Alexion Pharmaceuticals Surge On Healthy Earnings, Positive Drug Trial (Investor's Busin
    Investor's Business Daily - The biotech sector has been a lively one lately, thanks to events in the laboratory and the boardroom. -- read full article
    Tue, 29 Jul 2008 22:55:13 GMT - Yahoo! News: Earnings News
    Electronic Arts posts smaller loss, misses targets (AP)
    AP - Video game publisher Electronic Arts Inc. posted a smaller net loss for its fiscal first quarter Tuesday and more than doubled its revenue thanks to soaring sales of games such as "Rock Band" — even as it spent more on marketing and development. -- read full article
    Tue, 29 Jul 2008 23:21:03 GMT - Yahoo! News: Earnings News
    Sony shares hit after profit fall, Matsushita jumps (Reuters)

    The Sony-Ericsson G900 mobile is displayed during the Mobile World Congress in Barcelona, February 14, 2008. (Albert Gea/Reuters)Reuters - Sony Corp's (6758.T) shares slid more than 3 percent to a 3-1/2-month low on Wednesday after quarterly profit fell more than expected, while rival Matsushita Electric Industrial's (6752.T) stock jumped 6 percent on robust earnings growth.


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    Wed, 30 Jul 2008 05:13:49 GMT - Yahoo! News: Earnings News
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