| Corporate Earnings Headlines |
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| BMW's 2Q profit slides, dumps profit forecast
(AP)
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| AP - Automaker BMW AG said Friday that its second-quarter profit slid nearly 33 percent and abandoned its annual profit forecast, blaming a drop in U.S. sales, rising costs for raw materials and the strong euro. -- read full article |
| Fri, 01 Aug 2008 12:54:15 GMT - Yahoo! News: Earnings News |
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| Clorox to raise prices further to offset costs
(AP)
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| AP - Clorox said Friday it would raise prices on more than half of its portfolio which includes Glad trash bags, its namesake bleach and Brita water filters over the next year to offset higher input costs. -- read full article |
| Fri, 01 Aug 2008 17:31:21 GMT - Yahoo! News: Earnings News |
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| Chevron, Statoil, Total join earnings boom
(Reuters)
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| Reuters - Chevron Corp said on Friday
record oil prices drove second-quarter earnings up 11 percent
to its highest-ever profit, but weak margins from gasoline
production led to a big loss at its refining operations.
-- read full article |
| Fri, 01 Aug 2008 18:23:59 GMT - Yahoo! News: Earnings News |
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| Big Oil's biggest quarter ever: $51.5B in all
(AP)
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| AP - Oil giants Chevron Corp. and Total SA wrapped up a string of gargantuan, record-breaking earnings reports Friday, a stretch in which six of the major international oil companies topped $50 billion in combined profit.
-- read full article |
| Fri, 01 Aug 2008 19:00:33 GMT - Yahoo! News: Earnings News |
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| Exxon Mobil turns biggest US quarterly profit
(AP)
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| AP - Exxon Mobil reported the fattest operating profit in U.S. corporate history Thursday but took a beating anyway from politicians railing against Big Oil, drivers bleeding cash at the pump and investors who expected more.
-- read full article |
| Thu, 31 Jul 2008 21:37:54 GMT - Yahoo! News: Earnings News |
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| 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 21:44:45 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 more than 7 percent. -- read full article |
| Thu, 31 Jul 2008 22:33:39 GMT - Yahoo! News: Earnings News |
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