| Corporate Earnings Headlines |
| Genentech profit rises, sales top estimates
(Reuters)
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| Reuters - Genentech Inc reported on Tuesday that sales of its cancer drug Avastin topped Wall Street estimates and its shares rose more than 3 percent, despite third-quarter earnings that fell short of analyst expectations due to higher costs. -- read full article |
| Tue, 14 Oct 2008 22:57:29 GMT - Yahoo! News: Earnings News |
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| Johnson & Johnson 3Q profit rises, tops views
(AP)
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| AP - Health care giant Johnson & Johnson on Tuesday posted a 30 percent jump in third-quarter profit and beat Wall Street expectations, mainly because the year-ago results were weighed down by a $745 million restructuring charge.
-- read full article |
| Tue, 14 Oct 2008 23:40:14 GMT - Yahoo! News: Earnings News |
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| Intel expects profits to hold up in 4Q
(AP)
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| AP - Intel Corp. has provided some insight into the state of global PC demand, telling Wall Street that while technology spending may be slumping, the chip maker fully expects its profits to hold steady.
-- read full article |
| Wed, 15 Oct 2008 04:57:51 GMT - Yahoo! News: Earnings News |
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| Johnson & Johnson 3Q profit rises, tops views
(AP)
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| AP - Health care giant Johnson & Johnson on Tuesday posted a 30 percent jump in third-quarter profit and beat Wall Street expectations, mainly because the year-ago results were weighed down by a $745 million restructuring charge.
-- read full article |
| Tue, 14 Oct 2008 18:11:05 GMT - Yahoo! News: Earnings News |
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| GE 3Q profit off 22 pct, but meets lower forecast
(AP)
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| AP - General Electric Co. spared investors any nasty surprises as it reported a 22 percent drop in third-quarter earnings on Friday, meeting its own lowered forecast and blaming the decline on its struggling finance arm. The company's loan and lease business has been hammered by the worst financial crisis since the 1929 stock market crash. -- read full article |
| Fri, 10 Oct 2008 23:28:20 GMT - Yahoo! News: Earnings News |
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| GE profit drop as expected, finance unit a drag
(Reuters)
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| Reuters - General Electric Co reported a drop in quarterly profit that matched its recent warning to Wall Street, and the U.S. conglomerate said the global credit crunch and slumping economies would continue to take a toll on its hefty finance arm.
-- read full article |
| Fri, 10 Oct 2008 16:25:54 GMT - Yahoo! News: Earnings News |
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| GE 3Q profit off 22 pct, but meets lower forecast
(AP)
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| AP - General Electric Co. spared investors any nasty surprises as it reported a 22 percent drop in third-quarter earnings, meeting its own lowered forecast and blaming the decline on its struggling finance arm. The company's loan and lease business has been battered by the worse financial crisis since the 1929 stock market crash. -- read full article |
| Fri, 10 Oct 2008 16:58:25 GMT - Yahoo! News: Earnings News |
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| Confident IBM Previews Earnings To Calm Wall Street
(NewsFactor)
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| NewsFactor - At a time when consumers are worried about the nation's economy, IBM wants everyone to know it is financially sound. The Armonk, NY-based company released a preview of its earnings Wednesday, a week before its scheduled earnings announcement on Oct. 16, and said it remains confident in its financial outlook for the year. -- read full article |
| Thu, 09 Oct 2008 21:11:09 GMT - Yahoo! News: Earnings News |
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