| Corporate Earnings Headlines |
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| Home Depot's 2Q profit drops 24 percent
(AP)
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| 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.
-- read full article |
| Tue, 19 Aug 2008 15:44:15 GMT - Yahoo! News: Earnings News |
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| Target's 2Q profit declines 7.6 percent
(AP)
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| 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.
-- read full article |
| Tue, 19 Aug 2008 17:25:32 GMT - Yahoo! News: Earnings News |
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| Trina profit soars, but '09 demand weighs on stock
(Reuters)
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| 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 |
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| Lowe's 2Q profit drops 7.9 pct, still beats view
(AP)
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| 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.
-- read full article |
| Mon, 18 Aug 2008 15:12:42 GMT - Yahoo! News: Earnings News |
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| Lowe's profit tops Wall St
(Reuters)
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| 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.
-- read full article |
| Mon, 18 Aug 2008 18:11:21 GMT - Yahoo! News: Earnings News |
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| Abercrombie & Fitch profit down; outlook short
(Reuters)
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| 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 |
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| J.C. Penney's 2Q profits fall 36 percent
(AP)
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| 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.
-- read full article |
| Fri, 15 Aug 2008 13:21:47 GMT - Yahoo! News: Earnings News |
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| Abercrombie & Fitch 2Q profit falls
(AP)
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| 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 |
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