| Corporate Earnings Headlines |
| TJX's 2Q profits triple as shoppers seek bargains
(AP)
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| AP - TJX Cos., which operates the T.J. Maxx and Marshalls stores, said Tuesday that its second-quarter profits more than tripled from a year ago when the discount fashion retailer digested a charge for a widely publicized security breach.
-- read full article |
| Tue, 12 Aug 2008 17:29:55 GMT - Yahoo! News: Earnings News |
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| McDermott second-quarter earnings rise
(Reuters)
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| Reuters - U.S. engineering and construction
company McDermott International Inc said on Monday its
second-quarter net income rose 19 percent, helped by higher
profits in its offshore oil and gas and power generation
businesses. -- read full article |
| Mon, 11 Aug 2008 20:29:21 GMT - Yahoo! News: Earnings News |
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| Nuance reports 3Q loss expands by 30 percent
(AP)
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| AP - Nuance Communications Inc. posted a loss for the fiscal third quarter that was 30 percent wider than its year-ago results, but its adjusted numbers still managed to beat Wall Street's consensus estimate by a penny. -- read full article |
| Mon, 11 Aug 2008 21:56:49 GMT - Yahoo! News: Earnings News |
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| Retailers' 2Q results may not be as bad as thought
(AP)
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| AP - Amid the pile of downbeat sales reports for July from retailers, there was a sliver of hope: Second-quarter profits may not be as bad as expected when merchants such as Wal-Mart Stores Inc., Macy's Inc. and J.C. Penney Co. post their results starting this week.
-- read full article |
| Mon, 11 Aug 2008 18:11:45 GMT - Yahoo! News: Earnings News |
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| MBIA 2nd-qtr profit rises on gain
(Reuters)
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| Reuters - MBIA Inc posted a quarterly
profit of $1.7 billion on Friday due to an accounting change
that turned credit problems into a big gain, but the world's
largest bond insurer said it is having trouble winning new
business since losing its top debt ratings. -- read full article |
| Fri, 08 Aug 2008 19:59:17 GMT - Yahoo! News: Earnings News |
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| Lions Gate returns to profit in first quarter
(Reuters)
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| Reuters - Lions Gate Entertainment Corp
, an independent film and television studio, on Friday
returned to a quarterly profit, driven by double-digit revenue
increases at its motion pictures, television, home
entertainment, and library businesses. -- read full article |
| Fri, 08 Aug 2008 21:24:43 GMT - Yahoo! News: Earnings News |
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| Beazer Homes 3Q loss narrows
(AP)
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| AP - Beazer Homes USA Inc. said Friday it posted a narrower loss in its fiscal third quarter despite lower revenue as the homebuilder's expenses declined. The quarterly results fell short of Wall Street's expectations. -- read full article |
| Fri, 08 Aug 2008 12:25:57 GMT - Yahoo! News: Earnings News |
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| Fannie Mae loses $2.3B in quarter as defaults rise
(AP)
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| AP - Fannie Mae swung to a second-quarter loss that was more than triple what Wall Street expected as conditions in the housing market continued to deteriorate, forcing the mortgage finance giant to make bold cutbacks that will send shock waves through the mortgage market.
-- read full article |
| Fri, 08 Aug 2008 14:52:39 GMT - Yahoo! News: Earnings News |
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| UK bank RBS posts giant half-year loss
(AP)
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| AP - Royal Bank of Scotland Group PLC on Friday reported a half-year loss of 802 million pounds (US$1.5 billion), forced deep into the red by 5.9 billion pounds (US$11.4 billion) in write-downs as the U.S. subprime credit crisis exacted more pain fully a year after it began. -- read full article |
| Fri, 08 Aug 2008 17:16:34 GMT - Yahoo! News: Earnings News |
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| European banks post better-than-expected results
(AP)
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| AP - The Royal Bank of Scotland posted first-half losses Friday that weren't nearly as bad as some analysts had feared, rounding out what is shaping up to be a relatively bright earnings season for Europe's biggest financial institutions. -- read full article |
| Fri, 08 Aug 2008 18:13:22 GMT - Yahoo! News: Earnings News |
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| MBIA 2nd-qtr profit rises on accounting gain
(Reuters)
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| Reuters - MBIA Inc posted a quarterly
profit of $1.7 billion on Friday due to an accounting change
that turned credit problems into a big gain, but the world's
largest bond insurer said it is having trouble winning new
business since losing its top debt ratings. -- read full article |
| Fri, 08 Aug 2008 18:27:18 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 the automaker stuck to its forecast that full-year profit will 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 19:41:56 GMT - Yahoo! News: Earnings News |
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