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    Corporate Earnings Headlines
    Nissan's profit drops 43 percent on rising yen (AP)

    Visitors look at cars at Nissan Motor Co. showroom in Tokyo Friday, Aug. 1, 2008. Japan's third-largest automaker said Friday its net profit for the April-June quarter dropped 42.8 percent, hit by a rising yen and accounting provisions for the declining value of leased vehicles. (AP Photo/Katsumi Kasahara)AP - Nissan Motor Co. said Friday its net profit for the April-June quarter dropped 42.8 percent, hit by a rising yen and accounting provisions for the declining value of leased vehicles.


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    Fri, 01 Aug 2008 12:20:28 GMT - Yahoo! News: Earnings News
    BMW's 2Q profit slides, dumps profit forecast (AP)
    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
    Total reports profit up 38 percent in 2nd quarter (AP)
    AP - The French energy company Total SA on Friday reported its profit climbed 38.7 percent in the second quarter, joining other oil companies in posting strong results as oil prices surged this past spring. -- read full article
    Fri, 01 Aug 2008 13:11:13 GMT - Yahoo! News: Earnings News
    Clorox cuts fiscal-year earnings forecast (Reuters)
    Reuters - Clorox Co cut its earnings forecast for the current fiscal year on Friday, saying commodity and energy costs will be higher than expected. -- read full article
    Fri, 01 Aug 2008 13:47:05 GMT - Yahoo! News: Earnings News
    GM posts $15.5B 2Q loss, 3rd-worst in its history (AP)

    In this July 13, 2008 file photo, unsold 2008 Acadias sit at a GMC Truck dealership in Littleton, Englewood Colo. General Motors Corp. said Friday, Aug. 1,  its losses widened to $15.5 billion in the second quarter as North American sales plummeted and the company faced expenses due to labor unrest and its massive restructuring plan.  (AP Photo/David Zalubowski, file)AP - General Motors Corp. posted a $15.5 billion second-quarter loss Friday, the third-worst quarterly performance in the company's nearly 100-year history.


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    Fri, 01 Aug 2008 16:16:50 GMT - Yahoo! News: Earnings News
    Chevron 2Q profit soars on oil prices, shares dip (AP)
    AP - Propelled by record crude prices, Chevron's second-quarter profit rose 11 percent to a record $5.98 billion, despite losing money on the refining side of the business. -- read full article
    Fri, 01 Aug 2008 16:59:34 GMT - Yahoo! News: Earnings News
    Clorox to raise prices further to offset costs (AP)
    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
    Sun 4Q profit falls 73 pct, guidance hurts stock (AP)

    In this June 18, 2008 file photo, chairman of Sun Microsystems Scott McNealy delivers a keynote speech during the NXTcomm08 telecommunications show at the Las Vegas Convention Center in Las Vegas. Sun Microsystems Inc.'s profit plunged 73 percent in the most recent quarter as slumping sales to big U.S. companies and restructuring charges weighed on the server and software maker, it was announced Friday, Aug. 1, 2008. (AP Photo/Isaac Brekken, file)AP - Sun Microsystems Inc.'s profit plunged 73 percent in the most recent quarter as slumping sales to big U.S. companies and restructuring charges weighed on the server and software maker.


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    Fri, 01 Aug 2008 17:35:13 GMT - Yahoo! News: Earnings News
    Chevron, Statoil, Total join earnings boom (Reuters)

    Men are seen aboard Chevron's Petronius oil platform, located 100 miles off the coast of New Orleans, in the Gulf of Mexico June 3, 2008. (Jessica Rinaldi/Reuters)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.


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    Fri, 01 Aug 2008 18:23:59 GMT - Yahoo! News: Earnings News
    Big Oil's biggest quarter ever: $51.5B in all (AP)

    In this July 26, 2005 file photo, smoke billows from a ChevronTexaco refinery in Richmond, Calif. Lifted by record crude prices, Chevron Corp. says its second-quarter profit rose 11 percent from a year ago, capping another round of massive earnings for the major oil companies.  (AP Photo/Noah Berger, File)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.


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    Fri, 01 Aug 2008 19:00:33 GMT - Yahoo! News: Earnings News
    Exxon Mobil turns biggest US quarterly profit (AP)

    A customer holds a gas pump handle at an Exxon station in Vancouver, Wash., Thursday, July 31, 2008.  Exxon Mobil Corp. reported second-quarter earnings of $11.68 billion Thursday, the biggest quarterly profit ever by any U.S. corporation, but the results were well short of Wall Street expecttions and its shares fell.(AP Photo/Don Ryan)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.


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    Thu, 31 Jul 2008 21:37:54 GMT - Yahoo! News: Earnings News
    Altria profit falls due to spinoff of int'l unit (AP)

    Altria's headquarters in New York is seen in an undated file photo. (Files/Reuters)AP - Altria Group, the owner of tobacco company Philip Morris USA, said Thursday that its second-quarter profit fell 58 percent from a year earlier because it spun off its international unit.


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    Thu, 31 Jul 2008 21:43:02 GMT - Yahoo! News: Earnings News
    Motorola posts small 2Q profit, beats expectations (AP)

    A new Motorola RAZR2 cell phone is displayed in a Little Rock, Ark., Alltel store Thursday, July 31, 2008. Motorola Inc. reported a small profit for the second quarter Thursday revealing it had shipped more cell phones than in the first quarter. (AP Photo/Danny Johnston)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.


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    Thu, 31 Jul 2008 21:44:45 GMT - Yahoo! News: Earnings News
    Top corporate quarterly earnings of all time (AP)
    AP - Exxon Mobil Corp. said Thursday it earned $11.68 billion in the second quarter. -- read full article
    Thu, 31 Jul 2008 21:46:12 GMT - Yahoo! News: Earnings News
    Kodak posts lower 2Q profit, revises outlook (AP)
    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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