| Corporate Earnings Headlines |
| Motorola posts small 2Q profit, beats expectations
(AP)
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| AP - In a sign that it may be finally turning its fortunes around, Motorola Inc. surprised investors Thursday by reporting a small profit for the second quarter and revealing it had shipped more cell phones than in the first quarter. Its shares soared. -- read full article |
| Thu, 31 Jul 2008 14:08:29 GMT - Yahoo! News: Earnings News |
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| CBS reports slim profit growth in 2Q
(AP)
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| AP - CBS Corp.'s second-quarter earnings rose 1 percent, narrowly beating analyst estimates, as gains from selling an interest in the Sundance Channel offset declines in local television and radio advertising revenue. -- read full article |
| Thu, 31 Jul 2008 15:21:09 GMT - Yahoo! News: Earnings News |
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| Kodak posts lower 2Q profit, revises outlook
(AP)
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| AP - Eastman Kodak Co. said Thursday its second-quarter profit fell 14 percent as digital inkjet-printer investments and higher costs for raw materials offset a hefty tax settlement gain. It also warned that full-year operating earnings will come in at the lower end of its previous forecast, sending its already depressed stock down nearly 12 percent. -- read full article |
| Thu, 31 Jul 2008 17:38:27 GMT - Yahoo! News: Earnings News |
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| Exxon Mobil 2Q profit sets US record, shares fall
(AP)
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|  AP - Exxon Mobil Corp. reported second-quarter earnings of $11.68 billion Thursday, the biggest profit from operations ever by any U.S. corporation, but the results were well short of Wall Street expectations and its shares slumped 3 percent.
-- read full article |
| Thu, 31 Jul 2008 17:58:04 GMT - Yahoo! News: Earnings News |
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| Garmin Delays Nuviphone As Earnings Slip
(PC Magazine)
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| PC Magazine - Garmin posted weak second-quarter results and slashed its outlook for 2008, hurt by slower growth in the personal navigation device (PND) market, and delayed the launch of its smartphone, sending its shares down more than 22 percent. -- read full article |
| Wed, 30 Jul 2008 16:44:00 GMT - Yahoo! News: Earnings News |
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| Comcast profit up on phone, Internet gains
(Reuters)
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|  Reuters - Comcast Corp, the largest U.S. cable
service provider, posted a higher quarterly profit as it gained
market share in telephone and Internet services and controlled
expenses, sending shares up 3 percent.
-- read full article |
| Wed, 30 Jul 2008 19:09:54 GMT - Yahoo! News: Earnings News |
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| Prudential posts lower second-quarter earnings
(Reuters)
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| Reuters - Prudential Financial Inc, the second
largest U.S. life insurer, said on Wednesday that earnings for
its financial services businesses fell 31 percent in the second
quarter, hurt by investment losses and lower insurance
earnings. -- read full article |
| Wed, 30 Jul 2008 20:21:26 GMT - Yahoo! News: Earnings News |
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| Corning 2Q profit jumps on gain; outlook is weak
(AP)
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| 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 21:20:02 GMT - Yahoo! News: Earnings News |
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| IAC swings to 2Q loss on charges
(AP)
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| 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 21:22:36 GMT - Yahoo! News: Earnings News |
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