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    Corporate Earnings Headlines
    Target quarterly profit drops 8 percent (Reuters)

    A woman leaves a Target department store in a Denver suburb May 12, 2005. (Rick Wilking/Reuters)Reuters - Target Corp reported a nearly 8 percent drop in quarterly profit on Tuesday as shoppers passed over trendy clothes and home decor in favor of everyday necessities, hurting its margins.


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    Tue, 19 Aug 2008 14:58:52 GMT - Yahoo! News: Earnings News
    Home Depot's 2Q profit drops 24 percent (AP)

    Department signs hang at a Home Depot story in Chicago, Friday, Aug. 8, 2008. The Home Depot Inc., the nation's largest home improvement retailer, reported a 24 percent drop in second-quarter profit, Tuesday, Aug. 19, 2008, but beat Wall Street expectations. The company reiterated its downbeat outlook for the year amid a weak housing and home improvement market that shows no signs of recovery. (AP Photo/Charles Rex Arbogast)AP - The Home Depot Inc. said Tuesday that its second-quarter profit sank 24 percent and reiterated its downbeat outlook for the year amid a weak housing market that shows no signs of recovery.


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    Tue, 19 Aug 2008 15:44:15 GMT - Yahoo! News: Earnings News
    Target's 2Q profit declines 7.6 percent (AP)

    In this May 20, 2008 file photo, Chris Doyle shops at a target store in Omaha, Neb. Target Corp. is reporting a 7.6 percent decline in second-quarter profit but beat Wall Street expectations despite continued weak sales in a challenging economy Tuesday, Aug. 19, 2008. (AP Photo/Nati Harnik, file)AP - Target Corp. posted a 7.6 percent drop in second-quarter profit Tuesday and offered a cautious outlook for the third quarter as its customers focused on necessities like milk and paper towels and had trouble making their monthly credit card payments.


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    Tue, 19 Aug 2008 17:25:32 GMT - Yahoo! News: Earnings News
    Home Depot posts higher-than-expected profit (Reuters)

    A Home Depot store is seen in New York, August 18, 2008. (Shannon Stapleton/Reuters)Reuters - Home Depot Inc , the world's largest home improvement retailer, reported higher-than-expected quarterly profit on Tuesday as it held down costs and consumers took on spring projects.


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    Tue, 19 Aug 2008 18:33:13 GMT - Yahoo! News: Earnings News
    Lowe's beats 2Q estimates, despite profit drop (AP)

    In this Feb. 25, 2008 file photo, Wiley Walker, right, checks out contractors buying supplies at a Lowe's home improvement store in Matthews, N.C. Lowe's Cos. Inc. says its second-quarter profit fell 7.9 percent, but still topped Wall Street expectations Monday, Aug. 18, 2008. The nation's second-largest home improvement retailer is offering a downbeat sales and profit outlook, however, as it feels the pain from a weak housing market.   (AP Photo/Chuck Burton, file)AP - Repairs to drought-stricken flower beds and sales of freezers designed to hold bought-in-bulk food helped Lowe's Cos. Inc. post a better-than-expected second-quarter profit.


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    Mon, 18 Aug 2008 21:27:12 GMT - Yahoo! News: Earnings News
    BHP Billiton reports record annual profit (AP)
    AP - BHP Billiton Ltd., the world's largest mining company, has reported a record annual profit and says it expects demand for commodities to remain strong. -- read full article
    Mon, 18 Aug 2008 11:01:09 GMT - Yahoo! News: Earnings News
    Trina profit soars, but '09 demand weighs on stock (Reuters)
    Reuters - Trina Solar Ltd said on Monday quarterly earnings more than doubled on strong demand for solar energy, but its shares fell as results missed Wall Street estimates due to a foreign exchange loss and the company said it has yet to sign contracts for all of its 2009 output. -- read full article
    Mon, 18 Aug 2008 17:09:27 GMT - Yahoo! News: Earnings News
    Lowe's 2Q profit drops 7.9 pct, still beats view (AP)

    In this Feb. 25, 2008 file photo, Wiley Walker, right, checks out contractors buying supplies at a Lowe's home improvement store in Matthews, N.C. Lowe's Cos. Inc. says its second-quarter profit fell 7.9 percent, but still topped Wall Street expectations Monday, Aug. 18, 2008. The nation's second-largest home improvement retailer is offering a downbeat sales and profit outlook, however, as it feels the pain from a weak housing market.   (AP Photo/Chuck Burton, file)AP - Lowe's Cos. Inc. said Monday its second-quarter profit fell nearly 8 percent, but managed to top Wall Street expectations as the home improvement chain benefited from green thumbs repairing last year's drought-stricken gardens, tight expense controls and better-than-expected sales.


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    Mon, 18 Aug 2008 15:12:42 GMT - Yahoo! News: Earnings News
    Lowe's profit tops Wall St (Reuters)

    Todd King, a vendor from ECMD, stocks shelves with moulding products at a Lowe's store in Burbank, California May 19, 2008. (Fred Prouser/Reuters)Reuters - Retailer Lowe's Cos reported a higher-than-expected quarterly profit on Monday as U.S. consumers spent tax rebate checks on spring projects, but it forecast third-quarter results below Wall Street estimates.


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    Mon, 18 Aug 2008 18:11:21 GMT - Yahoo! News: Earnings News
    Reading The Bottom Line: Know Your Earnings (Investor's Business Daily)
    Investor's Business Daily - One of the most crucial yet tricky measures of a company's performance is its earnings. -- read full article
    Fri, 15 Aug 2008 22:07:43 GMT - Yahoo! News: Earnings News
    Abercrombie & Fitch profit down; outlook short (Reuters)
    Reuters - Teen clothing retailer Abercrombie & Fitch Co reported a lower quarterly profit on Friday and forecast full-year earnings below analysts' estimates, as the weak U.S. economy leads consumers to cut back on buying clothes. -- read full article
    Fri, 15 Aug 2008 12:03:49 GMT - Yahoo! News: Earnings News
    J.C. Penney's 2Q profits fall 36 percent (AP)

    Consumers enter and exit JC Penney's department store Tuesday, Aug. 12, 2008, in Pleasanton, Calif. J.C. Penney Co. is reporting second-quarter profit slid 36 percent and predicting earnings in the current quarter will fall short of Wall Street expectations as its customers pull back on buying clothing in a tough economy.(AP Photo/Ben Margot)AP - J.C. Penney Co. reported a 36 percent drop in second-quarter profits Friday and issued a downbeat outlook for the current quarter as shoppers cut back on clothing spending in a tough economy.


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    Fri, 15 Aug 2008 13:21:47 GMT - Yahoo! News: Earnings News
    J.C. Penney profit falls but beats estimates (Reuters)

    A customer enters a JC Penney Co store in Westminster, Colorado August 14, 2008. (Rick Wilking/Reuters)Reuters - J.C. Penney Co Inc posted a quarterly profit on Friday that beat Wall Street expectations as strong inventory controls offset weaker consumer spending, pushing its shares 6 percent higher.


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    Fri, 15 Aug 2008 15:08:27 GMT - Yahoo! News: Earnings News
    Abercrombie & Fitch 2Q profit falls (AP)
    AP - Abercrombie & Fitch Co. said Friday that second-quarter profit fell amid a consumer spending slowdown, but the teen-apparel retailer said it will not become more promotional just to drive short-term results. -- read full article
    Fri, 15 Aug 2008 15:19:30 GMT - Yahoo! News: Earnings News
    Gap widens between discounters, department stores (AP)
    AP - Second-quarter profits from major retailers underscore a widening gap between low-price operators and high-end apparel sellers as consumers focus on necessities and avoid discretionary splurges. -- read full article
    Fri, 15 Aug 2008 18:38:47 GMT - Yahoo! News: Earnings News
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