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    Corporate Earnings Headlines
    EADS 2Q profit up 46 percent on cost savings (AP)
    AP - EADS, the parent company of planemaker Airbus, said Wednesday its profit surged in the second quarter as cost savings and higher deliveries offset a big charge for delays to its groundbreaking A380 jumbo jet and further woes from the falling dollar. -- read full article
    Wed, 30 Jul 2008 12:05:40 GMT - Yahoo! News: Earnings News
    Nintendo reports jump in 1Q profit on hit Wii (AP)

    A seventh-grader at Tokyo Joshi Gakuen all-girl junior high school gets a response to her answer and is advised to do it again on a screen of Nintendo DS game console during an English class in Tokyo, Thursday, June 26, 2008 as the portable video game machine is used as a key teaching tool at the school. Nintendo Co., the Japanese maker of Pokemon and Super Mario video games, said Wednesday, July 30, 2008 its profit for the first fiscal quarter rose 34 percent from a year ago as sales of its hit Wii video game consoles shot up. (AP Photo/Katsumi Kasahara)AP - Nintendo Co.'s profit for the fiscal first quarter surged 34 percent as sales of its hit Wii console shot up, underlining the success of the video game unit in attracting novice players.


    -- read full article
    Wed, 30 Jul 2008 13:04:30 GMT - Yahoo! News: Earnings News
    Moody's profit tumbles, to be sued by Connecticut (Reuters)
    Reuters - Moody's Corp , the parent of Moody's Investors Service, said quarterly profit fell 48 percent, as the global credit crisis caused demand to shrink for mortgage bonds and collateralized debt obligations. -- read full article
    Wed, 30 Jul 2008 14:36:54 GMT - Yahoo! News: Earnings News
    Comcast Corp. 2Q profit climbs 8 percent (AP)

    Comcast CEO Brian Roberts speaks at his keynote address at the Consumer Electronics Show in Las Vegas, January 8, 2008. (Rick Wilking/Reuters)AP - Comcast Corp. said Wednesday its second-quarter profit rose 8 percent as cable TV rates rose and consumers ordered more digital and premium services.


    -- read full article
    Wed, 30 Jul 2008 14:37:19 GMT - Yahoo! News: Earnings News
    Comcast profit up on phone, Internet gains (Reuters)

    Comcast CEO Brian Roberts speaks at his keynote address at the Consumer Electronics Show in Las Vegas, January 8, 2008. (Rick Wilking/Reuters)Reuters - Comcast Corp , the larger U.S. cable service provider, posted a higher quarterly profit as it gained market share in phone and Internet services and controlled expenses, sending shares up 6 percent.


    -- read full article
    Wed, 30 Jul 2008 14:42:39 GMT - Yahoo! News: Earnings News
    Corning quarterly sales disappoint (Reuters)

    Corning LCD glass is seen in an undated handout photo. (Corning/Handout/Reuters)Reuters - Corning Inc on Wednesday posted quarterly revenue that missed expectations, hurt in part by a manufacturing glitch, and the specialty glass maker's shares fell after it released a disappointing sales forecast.


    -- read full article
    Wed, 30 Jul 2008 15:18:47 GMT - Yahoo! News: Earnings News
    Garmin reports higher 2Q profits, delays Nuvifone (AP)
    AP - Garmin Ltd. shares dropped almost 15 percent Wednesday after the navigational device maker said its second-quarter earnings missed Wall Street expectations, it forecast limited growth for the rest of the year and said it was delaying its entrance into the cell phone market. -- read full article
    Wed, 30 Jul 2008 15:36:50 GMT - Yahoo! News: Earnings News
    Corning 2Q profit jumps on gain; outlook is weak (AP)
    AP - Corning Inc. said Wednesday its second-quarter profit surged thanks to a hefty one-time tax gain and strong demand for glass used in flat-screen televisions and computers. But it forecast third-quarter sales below Wall Street expectations, and its shares dropped 4 percent. -- read full article
    Wed, 30 Jul 2008 15:55:00 GMT - Yahoo! News: Earnings News
    Price hikes boost Reynolds American's 2Q profit (AP)
    AP - Reynolds American Inc., the nation's second-biggest tobacco maker, said Wednesday that its second-quarter profit rose nearly 13 percent as price increases more than made up for a decline in domestic cigarette demand. -- read full article
    Wed, 30 Jul 2008 16:02:03 GMT - Yahoo! News: Earnings News
    India's Tata Motors Q1 profit slides 30 pct as input costs rise (AFP)

    Managing director of Tata Motors Ravi Kant gives a press conference in Mumbai. India's top vehicle maker Tata Motors, which this year bought motoring icons Jaguar and Land Rover, reported Wednesday that quarterly profit fell 30 percent, hit by higher input costs.(AFP/Sajjad Hussain)AFP - India's top vehicle maker Tata Motors, which this year bought motoring icons Jaguar and Land Rover, reported Wednesday that quarterly profit fell 30 percent, hit by higher input costs.


    -- read full article
    Wed, 30 Jul 2008 16:21:33 GMT - Yahoo! News: Earnings News
    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.


    -- read full article
    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.


    -- read full article
    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.


    -- read full article
    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.


    -- read full article
    Tue, 29 Jul 2008 21:04:26 GMT - Yahoo! News: Earnings News
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