| Corporate Earnings Headlines |
| Ciena outlook weak, warns of order delays
(Reuters)
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| 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 |
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| Hovnanian, Toll Brothers post quarterly losses
(Reuters)
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| 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 |
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| Staples 2Q profit drops 16 percent
(AP)
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| 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 |
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| Corning lowers 3Q earnings, sales outlook
(AP)
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| 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 |
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| Hovnanian reports wider 3Q loss
(AP)
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| 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 |
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| Staples 2Q profit drops 16 percent
(AP)
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| 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 |
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| Corning lowers 3Q earnings, sales outlook
(AP)
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| 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 |
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| Ethan Allen sees profit below Wall Street views
(Reuters)
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| 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 |
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| Jewelers offer sparkling outlooks
(AP)
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| 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 |
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