Signs of hard times for shoppers: fixation on bargains at Family Dollar; Pizza Hut strugglesOctober 7th, 2009 Americans still struggling, gauging by corp profitNEW YORK — People aren't just shopping more at Family Dollar. They're buying the cheapest stuff on its racks.
Alliant Techsystems posts 28 percent increase in 1st-quarter profit on higher ammunition salesAugust 6th, 2009 Alliant Techsystems 1Q profit up on strong salesMINNEAPOLIS — Military contractor Alliant Techsystems Inc. said Thursday its fiscal first-quarter profit rose 28 percent on higher ammunition sales and improved margins, topping analysts' expectations.
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.
Alcoa Executive Chairman Belda to retire after 40-plus year career at aluminum companyJuly 29th, 2009 Alcoa Executive Chair, former CEO Belda to retirePITTSBURGH — Alcoa Inc. said Wednesday executive chairman and former CEO Alain Belda will retire as an executive of the aluminum company effective Aug.
Norwegian aluminum company Norsk Hydro posts 73 percent tumble in Q2 profitJuly 22nd, 2009 Norway's Hydro posts 73 pct Q2 profit tumbleOSLO — Norwegian aluminum supplier Norsk Hydro ASA on Wednesday reported a 73 percent plunge in second quarter profits, citing "historically" weak demand amid the economic crisis. Net profit fell to 211 million kroner ($33.5 million) in the second quarter, down sharply from 786 million kroner in the same period last year.
Norwegian aluminum concern Hydro posts 73 percent tumble in 2Q profitJuly 22nd, 2009 Norway's Hydro posts 73 pct 2Q profit tumbleOSLO — Norwegian aluminum supplier Norsk Hydro ASA on Wednesday reported a 73 percent plunge in second quarter profits, citing "historically" weak demand amid the economic crisis. Net profit fell to 211 million kroner ($33.5 million) in the second quarter, down sharply from 786 million kroner in the same period last year.
Oil hovers near $60 in Asia as investors look to company earnings for crude demand signsJuly 10th, 2009 Oil hovers near $60 as traders eye company resultsSINGAPORE — Oil prices hovered just above $60 a barrel Friday in Asia as investors braced for a slew of company earnings reports next week that will provide clues on the strength of crude demand. Benchmark crude for August delivery was down 9 cents at $60.32 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange.
Stocks slightly higher after Alcoa earnings, better than expected jobs reportJuly 9th, 2009 Stocks slightly higher after Alcoa, jobs reportNEW YORK — Investors are cautiously wading back into stocks after getting some reassurance from Alcoa Inc.'s earnings and some good news on the labor front. Stocks are slightly higher in early trading Thursday after Alcoa reported a smaller-than-expected $454 million second-quarter loss.
World stock markets rise modestly as Alcoa beats forecasts; Japan's Nikkei hit by surging yenJuly 9th, 2009 World markets up modestly as Alcoa beats forecastsLONDON — World stock markets rose Thursday after aluminum company Alcoa Inc. kicked off the second quarter earnings reporting season with a smaller than anticipated loss, stoking hopes that businesses may have seen off the worst of the recession.
Aluminum giant Alcoa reports 2nd-quarter loss but beats expectations, sees some stabilityJuly 9th, 2009 Alcoa posts 2Q loss but sees some stabilityPITTSBURGH — In an unofficial opening to the earnings season, Alcoa Inc. reported another quarterly loss but beat Wall Street expectations and said some markets for the metal may be stabilizing.
Alcoa reports 2nd-quarter loss of $454M as global recession continues to hammer demand, pricesJuly 8th, 2009 Alcoa posts 2Q loss of $454M on weak demandPITTSBURGH — Alcoa Inc. unofficially opened the earnings season by posting a loss of $454 million, citing continued weak prices and demand for its aluminum products amid the global recession.
Stocks open lower as global markets slump, investors worry about recession, await earningsJuly 6th, 2009 Stocks fall amid recession worriesNEW YORK — Investors retreated again Monday as investors around the world grow pessimistic about how quickly the economy's can recover. Following the lead of stock markets around the world, investors took their cues from the tumbling price of oil.
Bemis, Alcoa, American Express, Data Domain are among big market movers MondayJuly 6th, 2009 Bemis, Alcoa, Data Domain are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Bemis Co., up $1.22 at $25.50
The company, which makes clear plastic packages, is paying $1.2 billion for the global packaging business of Rio Tinto PLC. Bank of America Corp., down 49 cents at $12.15
An analyst said the lender faces a 10 percent jump in uncollectible loans when it reports second-quarter earnings.
H&R Block reports strong fourth-quarter profit on higher bank income, tax prep feesJune 29th, 2009 H&R Block reports better-than-expected 4Q profitKANSAS CITY, Mo. — H&R Block, the nation's largest tax preparer, has reported better-than-expected profit for its fiscal fourth quarter as higher fees and more consumer financial services income offset a decline in the number of tax returns it prepared.
Volkswagen revises 1st-quarter net profit, now down 72 percentApril 29th, 2009 Volkswagen: 1Q profit down 72 pctFRANKFURT — Volkswagen AG, Europe's biggest carmaker by sales, said Wednesday that its net profit was down 72 percent in the first quarter as global demand for cars fell — a slight improvement on the preliminary figure it reported earlier this month. Wolfsburg-based Volkswagen said its net profit fell to euro263 million ($347 million) in the January-March period, down from the euro929 million it earned a year earlier.
Loading ...