Medicines sets 3rd-quarter revenue outlook below Wall Street analyst forecastsOctober 6th, 2009 Medicines sets 3Q revenue outlook below forecastsPARSIPPANY, N.J. — Drugmaker Medicines Co.
Cruise liner Carnival tops forecasts for 3Q despite 20 percent profit declineSeptember 22nd, 2009 Carnival profit falls 20 pct, still beats StreetCHICAGO — Carnival Corp. said Tuesday that its third-quarter profit fell nearly 20 percent, but the results were still better than expected as fuel prices fell and more travelers booked cruises.
Phillips-Van Heusen's 2nd-qtr profit falls 9.1 percent to $26M but tops Wall Street forecastAugust 20th, 2009 Phillips-Van Heusen 2Q profit down 9 pct at $26.6MNEW YORK — Clothing maker Phillips-Van Heusen Corp. said Wednesday that its second-quarter profit fell 9.1 percent but still topped Wall Street's profit and revenue forecasts, and the company boosted its outlook.
Retailers' 2nd-quarter profits show strides in profitability but where are the sales?August 18th, 2009 Snapshot of retailers' 2nd-quarter earningsSecond-quarter profits from major retailers underscore how cost-cutting moves helped profitability, and the market saw reason for hope in the four reports Tuesday. But retailers continue to grapple with weak consumer spending.
Target's 2nd-quarter profits fall 6.2 pct, but results well exceed estimates amid cost-cuttingAugust 18th, 2009 Target's 2Q profit falls 6.2 pct, beats estimatesNEW YORK — Target says its second-quarter profit fell 6.3 percent, but results surpassed Wall Street forecasts amid cost-cutting initiatives and improvements in its credit-card business. The Minneapolis-based discounter says Tuesday that it earned $594 million, or 79 cents per share, in the period.
Amkor posts 86 percent decline in 2nd quarter profit, but results beat Wall Street estimatesJuly 30th, 2009 Amkor 2Q profit declines 86 percent as sales dropCHANDLER, Ariz. — Microchip assembly and test company Amkor Technology Inc.
Green Mountain fiscal 3rd-quarter profit doubles, revenue falls below Wall Street's forecastJuly 29th, 2009 Green Mountain fiscal 3rd-quarter profit doublesWATERBURY, Vt. — Coffee company Green Mountain Coffee Roasters Inc.
Earnings roundup: US Steel posts loss as steel demand falls; Supervalu profit falls, cuts viewJuly 28th, 2009 Earnings roundup: US Steel, SupervaluAmong the earnings stories for Tuesday, July 28, from AP Financial News:
PITTSBURGH (AP) — United States Steel Corp., the largest U.S.-based steel maker, said Tuesday it lost $392 million during its second quarter as the global recession hurt orders for the metal. MINNEAPOLIS (AP) — Grocery chain Supervalu Inc.
Verizon 2nd-quarter profit down 7 percent, but matches Wall Street expectationsJuly 27th, 2009 Verizon 2Q profit falls, but matches expectationsNEW YORK — Verizon, the nation's largest wireless carrier, says its second-quarter profit fell 7 percent as rising costs outstripped an increase in sales. Its results are in line with Wall Street expectations.
EMC 2Q profit falls 43 pct but tops Street views; co. sees improving predictabilityJuly 23rd, 2009 EMC 2Q profit falls 43 pct but tops Street viewsSAN FRANCISCO — Fresh off a successful bid for a major acquisition, EMC Corp. said Thursday that its second-quarter profit plunged 43 percent on a sales decline of 11 percent.
Abbott Laboratories' 2nd-quarter profit falls 3 percent on mix of charges but meets forecastsJuly 15th, 2009 Abbott Laboratories 2Q profit falls 3 percentNORTH CHICAGO, Ill. — Drug developer and medical device maker Abbott Laboratories said Wednesday its second-quarter profit fell 3 percent on a mix of buyout and restructuring charges, but the results still met Wall Street forecasts.
Akamai shares take off after 1st-quarter results top Street views, draw Goldman upgradeApril 30th, 2009 Akamai shares take off after 1Q tops StreetNEW YORK — Shares of Akamai Technologies Inc. marched higher Thursday after the company beat Wall Street forecasts for the first quarter and drew an upgrade from Goldman Sachs.
American Express 1st-quarter profit falls 63 percent, but results beat Wall Street estimatesApril 23rd, 2009 AmEx 1Q profit drops 63 percent, but beats StreetNEW YORK — American Express says its earnings fell 63 percent in the first three months of the year, marking a sixth-straight quarter of profit declines at the credit card lender. But the results are better than analysts were expecting.
EMC 1Q profit drops 23 percent on charges, weak data-storage spending; sales missApril 23rd, 2009 EMC 1Q profit drops 23 percent, sales missSAN FRANCISCO — EMC Corp. says first-quarter profit dropped 23 percent on restructuring charges and weakness in data-storage spending, an area that has been fairly resilient to the recession.
Altria Group 1st-quarter profit falls 76 percent on charges, higher interest expensesApril 22nd, 2009 Altria Group 1Q profit drops 76 percentRICHMOND, Va. — Altria Group, the owner of the nation's biggest cigarette maker, says its first-quarter profit fell 76 percent because of acquisition charges and higher interest expenses.
Loading ...