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    Corporate Earnings Headlines
    Ciena outlook weak, warns of order delays (Reuters)
    Reuters - Communications equipment maker Ciena Corp reported a 59 percent drop in quarterly profit and forecast current quarter revenue that would be far below Wall Street estimates because of order delays, triggering a 20 percent fall in its shares. -- read full article
    Thu, 04 Sep 2008 12:45:18 GMT - Yahoo! News: Earnings News
    Toll Brothers posts 3Q loss as revenue falls (AP)
    AP - Toll Brothers Inc. said Thursday it swung to a loss in its fiscal third quarter as weak demand for new homes forced the luxury builder to mark down the value of its land and unsold homes. -- read full article
    Thu, 04 Sep 2008 14:23:14 GMT - Yahoo! News: Earnings News
    Kellogg stands by 2008 earnings forecast (Reuters)

    Boxes of Kellogg's cereal are seen stacked in a supermarket in New York, April 29, 2008. (Lucas Jackson/Reuters)Reuters - Kellogg Co on Thursday stood by its earnings forecast for 2008.


    -- read full article
    Thu, 04 Sep 2008 14:32:34 GMT - Yahoo! News: Earnings News
    Hovnanian, Toll Brothers post quarterly losses (Reuters)

    A Toll Brothers development in an undated photo courtesy of the company. (Handout/Reuters)Reuters - Two large U.S. home builders posted quarterly losses amid the steep U.S. housing decline, but Hovnanian Enterprises Inc's results were far worse than Wall Street expected, while Toll Brothers Inc's loss was half what analysts had anticipated.


    -- read full article
    Thu, 04 Sep 2008 18:03:35 GMT - Yahoo! News: Earnings News
    Staples 2Q profit drops 16 percent (AP)

    In thie Nov. 27, 2007 file photo, Shopping baskets are stacked at a Staples store in Los Angeles.  Staples said Wednesday, Sept. 3, 2008, its second-quarter profit dropped 16 percent, hurt by slow sales in the U.S. at established stores.  (AP Photo/Reed Saxon, file)AP - Slowing sales, falling foot traffic in North American stores and penny-pinching customers combined to drag down Staples Inc.'s second-quarter profit by 16 percent, but a massive acquisition helped the office-supply chain top revenue expectations.


    -- read full article
    Wed, 03 Sep 2008 20:30:27 GMT - Yahoo! News: Earnings News
    Corning lowers 3Q earnings, sales outlook (AP)
    AP - Shares of Corning Inc. tumbled 12.6 percent to a three-year low Wednesday after the company lowered its third-quarter sales and profit guidance to reflect a bigger-than-expected drop in orders for glass used in flat-screen televisions and computers. -- read full article
    Wed, 03 Sep 2008 20:47:47 GMT - Yahoo! News: Earnings News
    Hovnanian reports wider 3Q loss (AP)
    AP - Hovnanian Enterprises Inc. said Wednesday its fiscal third-quarter loss more than doubled from a year ago as the homebuilder suffered steep declines in new home contracts and hefty markdowns on land values. -- read full article
    Wed, 03 Sep 2008 22:09:43 GMT - Yahoo! News: Earnings News
    Staples profit falls, but sees sales stabilizing (Reuters)

    Computer accessories displays are seen inside a Staples store in New York, May 20, 2008. (Shannon Stapleton/Reuters)Reuters - Staples Inc , the world's largest office products retailer, posted a 16 percent fall in quarterly profit as its small-business customers bought less furniture and office supplies, hurt by the weak U.S. economy.


    -- read full article
    Wed, 03 Sep 2008 15:12:30 GMT - Yahoo! News: Earnings News
    Staples 2Q profit drops 16 percent (AP)

    In thie Nov. 27, 2007 file photo, Shopping baskets are stacked at a Staples store in Los Angeles.  Staples said Wednesday, Sept. 3, 2008, its second-quarter profit dropped 16 percent, hurt by slow sales in the U.S. at established stores.  (AP Photo/Reed Saxon, file)AP - Slowing sales, falling foot traffic in North American stores and penny-pinching customers combined to drag down Staples Inc.'s second-quarter profit by 16 percent, but a massive acquisition helped the office-supply chain top revenue expectations.


    -- read full article
    Wed, 03 Sep 2008 17:44:58 GMT - Yahoo! News: Earnings News
    Corning lowers 3Q earnings, sales outlook (AP)
    AP - Shares of Corning Inc. tumbled more than 10 percent Wednesday after the company lowered its third-quarter sales and profit guidance to reflect a bigger-than-expected drop in orders for glass used in flat-screen televisions and computers. -- read full article
    Wed, 03 Sep 2008 17:52:30 GMT - Yahoo! News: Earnings News
    Ethan Allen sees profit below Wall Street views (Reuters)
    Reuters - Ethan Allen Interiors Inc forecast quarterly profit below current Wall Street views on Tuesday, citing "substantially lower" sales volumes in July and August from a year earlier and its shares fell more than 7 percent in extended trading. -- read full article
    Tue, 02 Sep 2008 22:37:38 GMT - Yahoo! News: Earnings News
    GDF Suez reports solid earnings rise (AFP)

    A logo of French group GDF Suez, which said Monday its first half net profit and sales rose by double digits, allowing it to confirm its forecasts for the year.(AFP/File/Jean Ayissi)AFP - New French energy giant GDF Suez said Monday its first half net profit and sales rose by double digits, allowing it to confirm its forecasts for the year.


    -- read full article
    Mon, 01 Sep 2008 07:55:09 GMT - Yahoo! News: Earnings News
    Dell 2Q profit drops 17 percent and stock plunges (AP)

    Boxes containing Dell computers are stacked on an upper shelf of a Best Buy store in Seekonk, Mass., Aug. 16, 2008. Computer maker Dell Inc. says its fiscal second-quarter profit fell 17 percent Thursday, Aug. 28, 2008. Restructuring charges were partly to blame. (AP Photo/Stew Milne)AP - Slashing computer prices helped Dell Inc. boost sales in its fiscal second quarter, but the No. 2 PC maker's bottom line took a hit when efforts to cut costs failed to make up the difference.


    -- read full article
    Fri, 29 Aug 2008 12:21:48 GMT - Yahoo! News: Earnings News
    Jewelers offer sparkling outlooks (AP)
    AP - Positive outlooks from jewelry retailers suggest confidence in the coming months, despite a softening U.S. economy that has many Americans holding back on discretionary spending. -- read full article
    Thu, 28 Aug 2008 19:48:21 GMT - Yahoo! News: Earnings News
    Marvell profit beats street on revenue rise (Reuters)
    Reuters - Diversified U.S. chipmaker Marvell Technology Group Ltd posted better-than-expected profit on Thursday as revenues grew strongly in the second quarter. -- read full article
    Thu, 28 Aug 2008 20:41:14 GMT - Yahoo! News: Earnings News
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