| Corporate Earnings Headlines |
| Freddie Mac swings to 2Q loss
(AP)
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| AP - NEW YORK (AP) Freddie Mac on Wednesday posted a second-quarter loss that was more than three-times larger than Wall Street expected as a huge number of borrowers with good credit fell behind on their exotic and risky mortgages.
-- read full article |
| Wed, 06 Aug 2008 16:20:29 GMT - Yahoo! News: Earnings News |
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| Time Warner 2Q net drops 26 percent
(AP)
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| AP - Time Warner Inc.'s second-quarter earnings fell 26 percent on declining subscriber fees at its AOL online unit and lower ad revenue at the Time publishing business, the media conglomerate said Wednesday. -- read full article |
| Wed, 06 Aug 2008 18:07:07 GMT - Yahoo! News: Earnings News |
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| Overseas sales, cost cuts help companies in 2Q
(AP)
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| AP - On the surface, U.S. companies' second-quarter earnings were fairly respectable when you strip away the financial sector profits for Standard & Poor's 500 members rose about 10 percent from a year earlier after falling sharply the two previous quarters. -- read full article |
| Tue, 05 Aug 2008 19:08:34 GMT - Yahoo! News: Earnings News |
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| Molson Coors 2Q profit falls 56 percent
(AP)
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| AP - Soaring costs for fuel, grains and packaging, along with consumers pulling back their spending, pushed Molson Coors Brewing Co.'s profit down 56 percent in the second quarter, the company said Tuesday.
-- read full article |
| Tue, 05 Aug 2008 19:34:01 GMT - Yahoo! News: Earnings News |
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| D.R. Horton posts smaller 3Q loss on lower charges
(AP)
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| AP - D.R. Horton Inc., the nation's largest homebuilder, said Tuesday its losses in the fiscal third-quarter narrowed as the value of its inventory of unsold homes and land holdings showed signs of stabilizing, but the results fell far short of Wall Street's expectations. -- read full article |
| Tue, 05 Aug 2008 20:21:09 GMT - Yahoo! News: Earnings News |
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| Procter & Gamble 4Q profit jumps 33 percent
(AP)
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| AP - The Procter & Gamble Co., flexing its brand strength, reported a 33 percent jump in fourth-quarter profit Tuesday as the consumer products maker battles soaring energy and commodity costs with higher prices and product improvements.
-- read full article |
| Tue, 05 Aug 2008 20:44:40 GMT - Yahoo! News: Earnings News |
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| Priceline's 2Q rises, but shares fall after hours
(AP)
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| AP - Priceline.com Inc. said Tuesday that second-quarter earnings surged 56 percent, however the online travel company noted some weakness in its international bookings and rental car business and shares dropped in after-hours trading. -- read full article |
| Tue, 05 Aug 2008 22:11:45 GMT - Yahoo! News: Earnings News |
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| News Corp 4Q profit jumps 27 percent
(AP)
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| AP - News Corp.'s fiscal fourth-quarter earnings jumped 27 percent on profit from asset sales and higher operating earnings in most businesses, but the company faces slower growth in the current year. -- read full article |
| Tue, 05 Aug 2008 23:35:26 GMT - Yahoo! News: Earnings News |
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