FedEx predicts better fiscal 1st-qtr profit due to improved international demand, cost cutsSeptember 11th, 2009 FedEx sees better fiscal 1Q earningsMEMPHIS, Tenn. — FedEx is raising its first-quarter earnings forecast, citing better-than-expected international shipments and cost-cutting.
Aruba Networks predicts 1st-qtr profit of 3 cents per share on record deferred revenuesAugust 28th, 2009 Aruba predicts 1Q profit of 3 cents per shareSUNNYVALE, Calif. — Wireless networking technology maker Aruba Networks Inc.
Semtech issues fiscal 2010 third-quarter earnings forecast below Wall Street estimatesAugust 20th, 2009 Semtech sees 3Q profit below Wall Street viewsCAMARILLO, Calif. — Semiconductor maker Semtech Corp.
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.
Taiwan chipmaker TSMC reports improved profit in Q2 as demand for wafers recoversJuly 30th, 2009 Taiwan's TSMC reports improved profit in Q2TAIPEI, Taiwan — Taiwan Semiconductor Manufacturing Co., the world's largest contract chip maker, said second quarter earnings rose significantly from the bleak first quarter as demand partially recovered from a severe slump. Net income during the April-June period amounted to 24.4 billion New Taiwan dollars ($740 million), up from the first quarter figure of NT$1.56 billion ($47.1 million), the company said Thursday.
Flextronics drops to 1st-quarter loss from year-ago profit on restructuring chargesJuly 29th, 2009 Flextronics plunges to 1Q loss, still tops outlookNEW YORK — Singapore-based contract electronics manufacturer Flextronics International Ltd. plunged to a loss in its fiscal first quarter on restructuring and other charges, but adjusted results still beat expectations.
F5 Networks expects 4th-quarter profit above analyst expectationsJuly 23rd, 2009 F5 Networks offers 4Q outlook above expectationsSEATTLE — F5 Networks Inc., which makes products that manage and route computer network traffic, said Wednesday it expects fiscal fourth-quarter profit above analyst expectations. The Seattle-based company said it predicts a fourth-quarter profit of 40 cents to 42 cents per share, excluding a stock-option expense, while analysts polled by Thomson Reuters predict a profit of 38 cents per share.
Ethan Allen laying off about 260 in Beecher Falls, and 60 in Andover, MaineJune 26th, 2009 Ethan Allen laying off about 260 in Beecher FallsMONTPELIER, Vt. — Ethan Allen Interiors Inc.
11-year-old golfer aces 115-yard Hole Number 8 using a nine-iron in MinnesotaMay 8th, 2009 11-year-old aces 115-yard hole in MinnesotaDULUTH, Minn. — An 11-year-old golfer can brag about what many golfers never achieve in a lifetime on the links: A hole in one.
German pharma, chemical company Merck sees 1st-quarter net profit drop 76 percentApril 27th, 2009 Merck 1Q net profit falls 76 percentFRANKFURT — German pharmaceutical and chemical company Merck KGaA said Monday that its first-quarter net profit dropped by 76 percent as demand for chemicals in particular declined. Darmstadt-based Merck said net profit for the January-March quarter fell to euro57 million ($75 million) from euro239 million a year earlier.
Xerox posts 1st-quarter profit, results meet lowered outlook the company issued last monthApril 24th, 2009 Xerox 1Q earnings meets revised outlookNEW YORK — Xerox posted a profit in the first quarter that met its revised guidance, which the company slashed last month due to restructuring costs and declining technology spending. The Norwalk, Conn.-based printer and copier maker said Friday that for the first quarter it earned $42 million, or 5 cents per share.
Supervalu loses $201M in 4th-quarter on charges, but adj. results beat analysts' estimatesApril 23rd, 2009 Supervalu loses $201 million in 4th-quarterMINNEAPOLIS — Supervalu Inc., one of the nation's largest grocery chains, says it lost $201 million in its fiscal fourth-quarter mostly because of hefty goodwill and asset impairment charges. Adjusted results managed to top analysts' estimates.
Royal Caribbean predicts better 2009 profit than expected, says bookings are stabilizingApril 23rd, 2009 Royal predicts better 2009 profit than expectedMIAMI — Royal Caribbean Cruises Ltd. offered a brighter forecast than expected for its 2009 earnings on Thursday, saying its bookings are stabilizing and cost-cutting efforts are taking hold.
Ethan Allen stock sags after furniture co. prereleases 3rd-qtr results, says sales down 41 pctApril 22nd, 2009 Ethan Allen shares slump after results prereleasedCHICAGO — Shares of home furnishings retailer Ethan Allen Interiors Inc. sank Wednesday, a day after the company released preliminary third-quarter results and halved its dividend, prompting at least one analyst to downgrade the stock.
ONGC net profit dips 43.3 percent in third quarterJanuary 27th, 2009 NEW DELHI - State-run upstream major Oil and Natural Gas Corp Wednesday reported 43.3 percent dip in its net profit for the quarter ended Dec 31, owing to low crude prices. The company's net profit for the third quarter fell to Rs.24.75 billion (Rs.2,475 crore/$506 million) from Rs.43.7 billion a year ago.
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