| Corporate Earnings Headlines |
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| Nestle's 1H profits up 6.1 percent
(AP)
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| AP - Nestle SA, the worlds biggest food and drink company, reported 6.1 percent growth in first-half net profit Thursday despite rising transport and raw materials costs and slowing bottled water sales amid criticism from environmentalists.
-- read full article |
| Thu, 07 Aug 2008 16:39:45 GMT - Yahoo! News: Earnings News |
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| Toyota 1Q profit falls on US weakness, strong yen
(AP)
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| AP - Toyota said Thursday that its fiscal first-quarter profit plummeted 28 percent and stuck to its forecast that full-year profit with fall for the first time in seven years as it faces more problems from the weakening U.S. market.
-- read full article |
| Thu, 07 Aug 2008 17:13:24 GMT - Yahoo! News: Earnings News |
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| Freddie Mac swings to 2Q loss
(AP)
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| 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 20:26:41 GMT - Yahoo! News: Earnings News |
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| Sprint Nextel reports 2Q loss, stock slides
(AP)
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| AP - Sprint Nextel Corp.'s up-and-down road to recovery continued Wednesday as the company reported adjusted second-quarter results that beat Wall Street expectations as well as a slower loss of subscribers.
-- read full article |
| Wed, 06 Aug 2008 20:58:07 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 21:02:27 GMT - Yahoo! News: Earnings News |
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| Allianz abandons profit goal as Dresdner slumps
(Reuters)
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| Reuters - Allianz beat expectations
with a 29 percent fall in net profit to 1.524 billion euros
($2.36 billion) in the second quarter, despite losses at
Dresdner Bank, but said it was abandoning its 2009 profit goal
in face of difficult markets.
-- read full article |
| Wed, 06 Aug 2008 21:22:44 GMT - Yahoo! News: Earnings News |
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