Middleby 2nd-quarter earnings slip as sales decline nearly 9 percentAugust 13th, 2009 Middleby 2Q profit declines with salesELGIN, Ill. — Middleby Corp., a maker of foodservice equipment with brands TurboChef and Toastmaster, on Thursday said it earned a lower second-quarter profit as sales declined.
Fossil anticipates recession will weigh on its 3rd-quarter, 4th-quarter profit resultsAugust 11th, 2009 Fossil expects recession to weigh on outlookRICHARDSON, Texas — Fossil Inc, which makes watches, shoes and other fashion accessories, said Tuesday that it expects the recession to weigh on both its third-quarter and fourth-quarter earnings results. The company said it anticipates third-quarter profit of 38 cents to 42 cents per share.
Fossil raises full-year profit guidance again, says recession will weigh on quarterly resultsAugust 11th, 2009 Fossil increases full-year earnings forecast againRICHARDSON, Texas — Fossil Inc, which makes watches and other fashion accessories, raised its full-year earnings outlook for the second time in three months after reporting second-quarter results that beat analysts' estimates. The company now expects 2009 profit of $1.63 to $1.73 per share.
Earnings roundup: Broadridge Financial 4Q profit jumps 20 percent, Fossil earnings drop in 2QAugust 11th, 2009 Earnings roundup: Broadridge Financial, FossilAmong the earnings stories for Tuesday, Aug. 11, from AP Financial News:
LAKE SUCCESS, N.Y.
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.
PerkinElmer slides after 2nd quarter sales fall and company cuts profit forecastJuly 31st, 2009 PerkinElmer skids on 2Q revenue and lower outlookNEW YORK — Shares of PerkinElmer Inc. sank Friday after the health and industrial sciences company reported weaker sales due to recent strength in the dollar, and lowered its profit expectations for the year.
Amazon 2nd-qtr profit declines due to Toys R Us dispute settlement chargeJuly 23rd, 2009 Amazon 2Q profit falls with Toys R Us settlementSEATTLE — Amazon.com says second-quarter earnings fell while sales rose. That's because of a $51 million payment to settle a long-standing dispute with former partner Toys R Us.
NuVasive's 2nd-quarter profit jumps on boost in surgical product sales, raises outlookJuly 23rd, 2009 NuVasive 2Q profit jumps on boost in salesSAN DIEGO — Medical device company NuVasive Inc. said Thursday it posted a second-quarter profit on a jump in revenue, prompting an increase in full-year guidance.
Whirlpool 2nd-quarter profit falls on softer consumer demand for home appliancesJuly 22nd, 2009 Whirlpool 2Q profit falls on lower consumer demandBENTON HARBOR, Mich. — Whirlpool, the world's largest maker of major home appliances, says its second-quarter profit fell 33 percent as consumer demand for its products significantly weakened.
Precision Castparts posts 13 percent drop in fiscal 1st-quarter profit as sales tumbleJuly 21st, 2009 Precision Castparts 1Q profit drops 13 percentPORTLAND, Ore. — Precision Castparts Corp., which makes metal components and products, said Tuesday its fiscal first-quarter profit fell 13 percent as sales tumbled on a volatile aerospace market and soft overall demand.
Earnings roundup: Hi-Tech Pharmacal profit jumps, Johnson & Johnson net slips with drug salesJuly 14th, 2009 Earnings roundup: Hi-Tech Pharmacal, J&JAmong the earnings stories for Tuesday, July 14, from AP Financial News:
AMITYVILLE, N.Y. (AP) — Generic drug developer Hi-Tech Pharmacal Inc.
Paper maker IP says 1st-qtr profit jumps 93 percent, bolstered by huge alternative fuel creditApril 30th, 2009 International Paper's 1Q net income jumps 93 pctMEMPHIS, Tenn. — International Paper Co., the largest U.S.
Germany's Audi sees 29 percent drop in 1st-quarter operating profit as sales fallApril 27th, 2009 Audi 1Q operating profit down 29 percentFRANKFURT — German luxury carmaker Audi AG said Monday that its first-quarter operating profit fell by 29 percent as the global economic crisis ate into sales. Ingolstadt-based Audi said its operating, or pretax, profit was down to euro363 million ($479 million) in the January-March period from euro514 million a year earlier.
Schering-Plough's 1st-quarter profit surges on lower costs, offsetting decline in salesApril 21st, 2009 Schering-Plough 1Q profit jumps despite sales fallNEW YORK — Schering-Plough Corp., in the process of being acquired by competitor Merck & Co., said Tuesday drug sales fell in the first quarter but profit tripled because of cost cutting and a charge in last year's quarter related to an acquisition. The Kenilworth, N.J.-based maker of arthritis treatment Remicade and allergy spray Nasonex earned $767 million, or 46 cents per share.
L&T profit jumps 215 percentJanuary 29th, 2009 NEW DELHI - Construction and engineering giant Larsen and Toubro (L&T) posted a 215.5 percent jump in its quarterly profit, primarily riding on the income from the sale of its ready-mix concrete (RMC) business. The company filed a net profit of Rs.15.2 billion (Rs.1,520.44 crore/$338.75 million) for the third quarter of 2008-09, as against Rs.4.81 billion during the same period last fiscal.
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