Altria Group lifts regular quarterly dividend by 2 cents to 34 centsAugust 27th, 2009 Altria Group raises regular dividend to 34 centsRICHMOND, Va. — Altria Group Inc., owner of Philip Morris USA, on Thursday boosted its regular quarterly dividend by 2 cents to 34 cents.
Earnings roundup: Wal-Mart 2Q income unchanged, Kohl's profit dips in 2Q but still beats viewsAugust 13th, 2009 Earnings roundup: Wal-Mart, Kohl'sAmong the earnings stories for Thursday, Aug. 13, from AP Financial News:
NEW YORK (AP) — Wal-Mart Stores Inc.
Sportswear company Puma's 2nd-quarter profit down 16 percent to euro39 millionAugust 7th, 2009 Puma 2Q net profit falls 16 percentFRANKFURT — Sportswear maker Puma AG said Friday that its second-quarter net profit dropped 16 percent as higher operating costs and lower interest rates on investments weighed down its earnings. Herzogenaurach, Germany-based Puma said net earnings in the April-June period fell to euro39 million ($56 million) from euro46 million a year earlier.
Actuate 2Q profit falls as revenue declines nearly 15 percentJuly 27th, 2009 Actuate 2Q profit clipped as revenue falls 15 pctSAN MATEO, Calif. — Actuate Corp.
German drug, chemical maker Merck second quarter net profit falls 48 percent to euro109 millionJuly 24th, 2009 Merck Q2 net profit falls 48 percent to euro109 MFRANKFURT — German drug and chemical maker Merck KGaA said Friday its second quarter net profit fell 48 percent as higher research costs and one-time effects from the acquisition of Serono weighed on the bottom line. The Darmstadt-based company reported a net profit of euro108 million ($153 million) in the April-June period compared with euro207 million a year earlier.
Altria Group 2nd-quarter profit rises on acquisition, lower expenses, higher cigarette salesJuly 22nd, 2009 Altria Group profit, revenue climb in 2nd quarterRICHMOND, Va. — Altria Group Inc., owner of Philip Morris USA, said Wednesday that its second-quarter profit rose 9 percent partly on lower corporate expenses, an acquisition and improved cigarette sales.
Altria 2Q profit rises as lower expenses help offset dip in cigarettes sold, hikes forecastJuly 22nd, 2009 Altria Group 2Q profit rises, boosts forecastRICHMOND, Va. — Altria Group Inc., owner of the nation's biggest cigarette maker Philip Morris USA, said Wednesday that its second-quarter profit rose 9 percent partly as lower corporate expenses and the impact of an acquisition helped offset a decline in the number of cigarettes it sold.
Altria Group 2Q earnings expected to reflect industry cigarette volumes reboundingJuly 20th, 2009 Earnings Preview: Altria Group Inc.RICHMOND, Va. — Altria Group Inc.
Charles Schwab 2nd-quarter profit falls 31 pct as it spends $40M on cost-cutting measuresJuly 16th, 2009 Charles Schwab 2Q profit falls 31 percentSAN FRANCISCO — Charles Schwab Corp. said Thursday that its second-quarter profit tumbled 31 percent as the brokerage's revenue fell and it recorded some one-time charges.
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.
Hospitality industry profit falls 64 percent: AssochamJune 4th, 2009 NEW DELHI - India's hospitality sector has witnessed a fall of 64 percent in profit in the January-March quarter this year, thanks to the economic slowdown, an industry lobby report said here Thursday. "While on the one hand the inflow of foreign tourists came down sharply and the room rates contracted, on the other hand there was a rise in expenses," the report by the Associated Chamber of Commerce and Industry (Assocham) said.
FirstEnergy 1st-quarter profit drops 59 percent on sales weakness, higher costsMay 6th, 2009 FirstEnergy 1Q profit falls 59 percentAKRON, Ohio — FirstEnergy Corp., a regional electric utility, said Tuesday its first-quarter profit fell 59 percent on higher costs, including regulatory charges in Ohio. The Akron, Ohio-based company said its quarterly earnings declined to $115 million, or 39 cents per share, compared with $277 million, or 90 cents per share, during the prior-year quarter.
Altria Group 1Q profit tumbles but beats forecast, and revenue risesApril 22nd, 2009 Altria Group 1Q profit drops but beats forecastRICHMOND, Va. — Cigarette sales dropped 8 percent and profit slipped at the nation's largest tobacco maker, Altria Group Inc., as retailers and wholesalers cut their orders ahead of a one-time federal tax on their inventory, but the company's overall revenue rose in the first quarter.
Altria Group 1Q profit falls 76 pct on items, adjusted results beat viewApril 22nd, 2009 Altria Group 1Q profit drops, but beats viewRICHMOND, Va. — Altria Group Inc., the nation's biggest cigarette maker, said Wednesday its profit skidded 76 percent in the first quarter due to the spinoff of its international tobacco business, charges related to its purchase of UST and interest expenses.
Altria Group 1Q profit tumbles 76 pct on charges, interest expenses, adj. results beat viewApril 22nd, 2009 Altria Group 1Q profit drops, still tops viewNEW YORK — Altria Group Inc. said Wednesday acquisition charges and interest expenses outweighed strong cigar sales, leading the owner of the nation's biggest cigarette maker to report a 76 percent drop in its first-quarter profit.
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