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.
Colgate-Palmolive 2Q profit rises 14 percent as toothpaste maker controls expensesJuly 30th, 2009 Colgate-Palmolive 2Q profit rises on lower costsNEW YORK — Consumer products maker Colgate-Palmolive said Thursday its second-quarter profit rose 14 percent even as sales fell, and it beat analysts' profit predictions as it held costs in check. The New York-based maker of toothpaste, dish soap and Hill's Science Diet pet food earned $561.6 million, or $1.07 per share, in the quarter that ended in June.
Earnings roundup: Viacom 2Q profit, sales slide; acquisition lowers Teva Pharmaceutical netJuly 28th, 2009 Earnings roundup: Viacom, Teva PharmaceuticalAmong the earnings stories for Tuesday, July 28, from AP Financial News:
NEW YORK (AP) — Viacom Inc. said Tuesday its second-quarter profit tumbled 32 percent as revenue fell amid a weak advertising market, slower video game sales and lower box-office results.
Lorillard 2nd-quarter profit climbs as market share for Newport cigarettes increasesJuly 27th, 2009 Lorillard 2nd-quarter profit rises 32 percentRICHMOND, Va. — Tobacco seller Lorillard Inc.
Cigarette sellers beat Wall Street: higher prices, cost cuts offset strong dollar, tax hikeJuly 23rd, 2009 Cigarette sellers beat Wall Street estimatesNEW YORK — Two of the world's biggest cigarette makers reported Thursday that they emerged from the second quarter in better shape than analysts expected, having raised prices and cut costs to offset falling demand in the U.S. and Europe and to cope with a new tax in the U.S.
Altria 2Q profit up and co. hikes forecast as cuts help offset falling cigarette volumesJuly 22nd, 2009 Altria Group 2Q profit up, co. boosts forecastRICHMOND, Va.
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.
Altria announces departure of UST executive, following integration of smokeless businessJune 26th, 2009 Altria announces departure of UST executiveRICHMOND, Va. — Altria Group Inc.
Cigarette maker Reynolds American 1st-qtr profit skids lower; adjusted results beat forecastsApril 29th, 2009 Cigarette maker Reynolds American's 1Q profit downRICHMOND, Va. — Reynolds American Inc., the nation's second-largest cigarette company, said Wednesday raising its prices and cutting its costs helped it offset industrywide sales declines in the first quarter.
Drugmaker Pfizer's Q1 profit dips 2 percent on much lower sales, costs of Wyeth acquisitionApril 28th, 2009 Pfizer profit dips 2 percent, sales fall much moreNEW YORK — Pfizer Inc. posts a 2 percent drop in first-quarter profit, as cost-cutting by the world's largest drugmaker couldn't offset big drops in sales for several medicines.
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.
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 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 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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