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    Corporate Earnings Headlines
    ING bank reports 25 percent fall in 2Q earnings (AP)
    AP - ING Groep NV, the Dutch insurer and bank, said Wednesday its second quarter earnings fell 25 percent, mostly due to smaller gains on investments. -- read full article
    Wed, 13 Aug 2008 11:53:40 GMT - Yahoo! News: Earnings News
    Macy's says 2Q profit falls, cuts outlook for year (AP)

    A shopper leaves Macy's with her purchase Tuesday, Aug. 12, 2008 in New York. Macy's Inc. reports earnings Wednesday. Macy's Inc. is reporting that second-quarter earnings posted a slight decline from a year ago as it faces a challenging economic environment. (AP Photo/Mark Lennihan)AP - Macy's Inc.'s saw its second-quarter earnings drop slightly and warned on Wednesday that full-year profits will be below Wall Street expectations as shoppers are more cautious about spending.


    -- read full article
    Wed, 13 Aug 2008 14:43:35 GMT - Yahoo! News: Earnings News
    Deere 3Q profits rise 7 pct but miss expectations (AP)

    John Deere tractors are shown on the lot at the Van Wall Equipment dealer, Tuesday Aug. 12, 2008, in Madrid, Iowa. Farm equipment maker Deere says its third-quarter earnings rose 7 percent as continuing growth in the global agricultural sector boosted results, but profit missed Wall Street expectations. (AP Photo/Charlie Neibergall)AP - Deere & Co., the world's largest of maker of farm machinery, said Wednesday third-quarter profit rose 7 percent as high crop prices spurred stronger sales of tractors and harvesting equipment.


    -- read full article
    Wed, 13 Aug 2008 14:54:18 GMT - Yahoo! News: Earnings News
    Macy's posts lower profit, cuts full-year outlook (Reuters)

    A woman shops at the Macy's store at a mall in a Denver suburb May 16, 2008. (Rick Wilking/Reuters)Reuters - Macy's Inc reported a 1.4 percent decline in quarterly profit and cut its fiscal-year earnings forecast, warning that cutbacks in U.S. consumer spending could push sales down further at its stores.


    -- read full article
    Wed, 13 Aug 2008 15:51:54 GMT - Yahoo! News: Earnings News
    Charges drag Tribune to $4.5 billion 2Q loss (AP)
    AP - Tribune Co. plunged to a $4.53 billion loss in the second quarter after taking a $3.84 billion charge to write down the book value of its newspaper brands. -- read full article
    Wed, 13 Aug 2008 17:20:12 GMT - Yahoo! News: Earnings News
    Applied Materials profit falls amid sales slump (Reuters)

    Michael Splinter, President and CEO of Applied Materials Inc., smiles during a panel discussion at the Fortune Brainstorm Tech conference in Half Moon Bay, California, July 22, 2008. Applied Materials Inc, the No. 1 computer-chip equipment maker, posted a lower quarterly profit as revenue slid 28 percent amid a slump in its industry. (Kimberly White/Reuters)Reuters - Applied Materials Inc , the No. 1 computer-chip equipment maker, posted a lower quarterly profit as revenue slid 28 percent amid a slump in its industry.


    -- read full article
    Tue, 12 Aug 2008 20:15:17 GMT - Yahoo! News: Earnings News
    TJX's 2Q profits triple as shoppers seek bargains (AP)

    In this Feb. 21, 2007 file photo, a sign outside the TJX Cos. headquarters is seen in Framingham, Mass.   TJX Cos. says second-quarter profit more than tripled from a year ago as the apparel discount retailer benefits from shoppers looking for cheaper alternatives. The retailer has also raised its earnings outlook.  (AP Photo/Elise Amendola, File)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 20:52:59 GMT - Yahoo! News: Earnings News
    UBS posts Q2 loss, announces reorganization (AP)

    A UBS branch is seen in Basel. Switzerland's biggest bank UBS on Tuesday took another hit of 5.1 billion dollars in subprime-related asset writedowns, as its total damages incurred from the market crisis climbed to 42.5 billion dollars.(AFP/File/Fabrice Coffrini)AP - UBS AG, one of the hardest-hit banks in the subprime mortgage crisis, announced Tuesday that it is reorganizing into three distinct businesses after reporting a large quarterly loss and taking another $5.1 billion hit in writedowns.


    -- read full article
    Tue, 12 Aug 2008 22:23:29 GMT - Yahoo! News: Earnings News
    Limelight Networks 2Q loss widens by 44 percent (AP)
    AP - Limelight Networks Inc. reported that its loss for the second quarter widened by 44 percent over year-ago levels, although the company still beat Wall Street's estimates by a penny a share. -- read full article
    Tue, 12 Aug 2008 23:59:50 GMT - Yahoo! News: Earnings News
    TJX profit jumps, raises full-year forecast (Reuters)
    Reuters - TJX Cos Inc posted a higher quarterly profit on Tuesday as cash-strapped shoppers headed to its stores for deals on clothes, and the off-price retailer raised its full-year earnings forecast. -- read full article
    Tue, 12 Aug 2008 13:55:56 GMT - Yahoo! News: Earnings News
    UBS posts Q2 losses, write-downs of $5.1B (AP)
    AP - UBS AG, one of the hardest hit banks in the subprime mortgage crisis, said Tuesday that it lost 358 Swiss francs ($331 million) in the second quarter as it took another $5.1 billion hit in write-downs on bad assets. -- read full article
    Tue, 12 Aug 2008 15:18:35 GMT - Yahoo! News: Earnings News
    Thomson Reuters 2Q profit slides 54 percent (AP)
    AP - Thomson Reuters said second-quarter earnings fell 54 percent as costs to buy and integrate Reuters cut into profit. -- read full article
    Tue, 12 Aug 2008 16:20:19 GMT - Yahoo! News: Earnings News
    TJX's 2Q profits triple as shoppers seek bargains (AP)

    In this Feb. 21, 2007 file photo, a sign outside the TJX Cos. headquarters is seen in Framingham, Mass.   TJX Cos. says second-quarter profit more than tripled from a year ago as the apparel discount retailer benefits from shoppers looking for cheaper alternatives. The retailer has also raised its earnings outlook.  (AP Photo/Elise Amendola, File)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
    McDermott second-quarter earnings rise (Reuters)
    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
    Nuance reports 3Q loss expands by 30 percent (AP)
    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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