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    Corporate Earnings Headlines
    Freddie Mac swings to 2Q loss (AP)

    A sign offers a money back guarantee on the purchase of a home for sale in Moreland Hills, Ohio on Wednesday, July 30, 2008. Freddie Mac on Wednesday posted a second-quarter loss more than three-times larger than Wall Street expected as more homeowners fell behind on their mortgages. (AP Photo/Amy Sancetta)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.


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    Wed, 06 Aug 2008 16:20:29 GMT - Yahoo! News: Earnings News
    Time Warner 2Q net drops 26 percent (AP)
    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
    Blackstone posts loss, financing still difficult (Reuters)

    Stephen Schwarzman, Chairman, CEO and Co-Founder of the Blackstone Group, attends a conference on Sovereign Wealth Funds at the Asia Society in New York April 14, 2008. (Shannon Stapleton/Reuters)Reuters - Blackstone Group LP posted a second-quarter loss as tight credit markets curtailed buyouts, but the private equity firm said the choppy economic environment offered some investment opportunities.


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    Wed, 06 Aug 2008 18:10:23 GMT - Yahoo! News: Earnings News
    Overseas sales, cost cuts help companies in 2Q (AP)
    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
    Summary Box: Highlights of P&G earnings (AP)
    AP - Highlights from Procter & Gamble Co.'s fiscal fourth-quarter earnings report Tuesday: -- read full article
    Tue, 05 Aug 2008 19:23:57 GMT - Yahoo! News: Earnings News
    Molson Coors 2Q profit falls 56 percent (AP)

    In this Feb. 13, 2008 file photo, employee Eli Hughes stocks cases of Coors Light in the Applejack Liquor Store in the west Denver suburb of Wheat Ridge, Colo. Molson Coors says Tuesday, Aug. 5, 2008, its second quarter profit dropped 56 percent due to higher costs and charges associated with combining the company's U.S. arm with the maker of Miller beers.  (AP Photo/David Zalubowski, file)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.


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    Tue, 05 Aug 2008 19:34:01 GMT - Yahoo! News: Earnings News
    D.R. Horton posts smaller 3Q loss on lower charges (AP)
    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
    Procter & Gamble 4Q profit jumps 33 percent (AP)

    In this May 3, 2006 file photo, Crest toothpaste is displayed at a Denver supermarket. Procter & Gamble says its fourth-quarter profit soared 33 percent Tuesday, Aug. 5, 2008, helped by tax benefits and a lower tax rate.  (AP Photo/Ed Andrieski, file)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
    Priceline's 2Q rises, but shares fall after hours (AP)
    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
    Blue Nile 2Q profit beats Wall Street estimates (AP)
    AP - Blue Nile Inc. late Tuesday reported second-quarter earnings that beat Wall Street's expections but still came 15 percent in below year-ago levels. -- read full article
    Tue, 05 Aug 2008 22:16:17 GMT - Yahoo! News: Earnings News
    CSC profit rises 12 pct on demand for tech help (AP)
    AP - Computer Sciences Corp. cashed in on rising demand for its technology consulting services to boost its fiscal first-quarter profit by 12 percent, topping analyst estimates. -- read full article
    Tue, 05 Aug 2008 22:24:43 GMT - Yahoo! News: Earnings News
    Wendy's profit hit by commodity costs, charges (Reuters)
    Reuters - No. 3 hamburger chain Wendy's International Inc , which is being acquired by the parent company of Arby's, posted a worse-than-expected drop in quarterly profit, hurt by commodity costs and restructuring charges. -- read full article
    Tue, 05 Aug 2008 22:50:23 GMT - Yahoo! News: Earnings News
    Cisco earnings up 4 percent, beating forecasts (AP)
    AP - Cisco Systems Inc. said Tuesday that sales would be weaker than analysts had forecast in the next few quarters, but investors who had expected worse were cheered. -- read full article
    Tue, 05 Aug 2008 22:51:43 GMT - Yahoo! News: Earnings News
    News Corp 4Q profit jumps 27 percent (AP)
    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
    Allscripts 2Q profit drops 60 percent on charges (AP)
    AP - Allscripts Healthcare Solutions Inc. reported a 60 percent drop in second-quarter profit Tuesday, though its adjusted results beat Wall Street's expectations. -- read full article
    Tue, 05 Aug 2008 23:38:27 GMT - Yahoo! News: Earnings News
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