Columbia Sportswear profit falls 24 percent in third quarter, but results trump forecastsOctober 22nd, 2009 Columbia profit falls 24 pct in Q3PORTLAND, Ore. — Columbia Sportswear Co.
Philip Morris International 3Q profit falls nearly 14 pct as stronger dollar crimps profitOctober 22nd, 2009 Philip Morris International 3Q profit fallsRICHMOND, Va. — Cigarette maker Philip Morris International Inc., which sells Marlboros and other U.S.
Knight Transportation 3rd-quarter profit falls 18 percent as weak pricing hurts revenueOctober 21st, 2009 Knight Transportation profit falls on weak pricingPHOENIX — Knight Transportation Inc. said Wednesday its third-quarter profit fell 18 percent as weak consumer spending continues to hurt freight markets, and the trucking firm warned that demand isn't picking up fast enough to support price increases.
Commodities rise as dollar weakens, gold dips slightly after hitting new high of $1,072October 14th, 2009 Commodities rally as dollar falls to new lowNEW YORK — Commodities are rising broadly as the dollar tumbles to a fresh 14-month low against other major currencies. Gold prices soared to a new record high of $1,072 an ounce in early trading, before giving up 30 cents to settle at $1,064.70 an ounce on the New York Mercantile Exchange on some profit-taking.
Spartan Stores 2nd-quarter profit falls with gas prices and as consumer buy private labelOctober 14th, 2009 Spartan Stores 2Q profit falls as gas prices fallGRAND RAPIDS, Mich. — Grocery store chain Spartan Stores Inc.
Luxury retailer Tiffany's 2nd-qtr profit falls on lower sales, still beats analysts' estimatesAugust 28th, 2009 Tiffany 2Q profit falls, but tops viewNEW YORK — Tiffany & Co. says its second-quarter profit fell 30 percent as sales slipped, but the results beat analysts' estimates.
Rio Tinto's first-half profit falls nearly 65 percent on falling commodity pricesAugust 20th, 2009 Rio Tinto's profit slumps 65 percentMELBOURNE, Australia — Mining giant Rio Tinto said sharp falls in metals and mineral prices were behind first-half profit dropping by nearly two thirds. The world's third-largest miner Thursday reported a net profit of $2.5 billion for the six months ended June 30, down 65 percent from a year earlier, and was cautious about whether recent gains in commodity prices would be sustained.
Earnings roundup: US Steel posts loss as steel demand falls; Supervalu profit falls, cuts viewJuly 28th, 2009 Earnings roundup: US Steel, SupervaluAmong the earnings stories for Tuesday, July 28, from AP Financial News:
PITTSBURGH (AP) — United States Steel Corp., the largest U.S.-based steel maker, said Tuesday it lost $392 million during its second quarter as the global recession hurt orders for the metal. MINNEAPOLIS (AP) — Grocery chain Supervalu Inc.
Alexander & Baldwin 2nd-quarter profit falls with trans-Pacific shippingJuly 24th, 2009 Alexander & Baldwin 2Q profit falls with shippingHONOLULU — Shipping, property and farming company Alexander & Baldwin Inc. on Friday said its earnings fell by more than half in the latest quarter, as trade with China declined.
Deutsche Post second quarter net profit falls 71 percent to euro66 million; sales fall 17 pctJuly 23rd, 2009 Deutsche Post Q2 net profit falls 71 pct to euro66MFRANKFURT — German mail and logistics company Deutsche Post DHL AG said Thursday its second quarter net profit fell 71 percent on weaker sales and one-time effects related to the insolvency of department store operator Arcandor AG, a close business partner. Bonn-based Deutsche Post, whose operations include global shipper DHL, said it earned euro66 million ($94 million) in the April-June period compared with euro231 million a year earlier.
Union Pacific 2nd-qtr profit falls 12 percent, as tight cost cuts offset major demand declinesJuly 23rd, 2009 Union Pacific 2Q profit falls 12 percentOMAHA, Neb. — Railroad Union Pacific says its second-quarter earnings fell 12 percent, as stringent cost cutting partially offset major shipping declines across its business.
Deutsche Post second quarter net profit falls 71 percent to €66 million; sales fall 17 pctJuly 23rd, 2009 Deutsche Post Q2 net profit falls 71 pct to €66MFRANKFURT — German mail and logistics company Deutsche Post DHL AG said Thursday its second quarter net profit fell 71 percent on weaker sales and one-time effects related to the insolvency of department store operator Arcandor AG, a close business partner. Bonn-based Deutsche Post, whose operations include global shipper DHL, said it earned €66 million ($94 million) in the April-June period compared with €231 million a year earlier.
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.
Chevron says first-quarter profit falls 64 percent on lower crude, gas pricesMay 1st, 2009 Chevron 1Q profit falls 64 pct as oil prices fallHOUSTON — Chevron Corp. says its first-quarter profit fell 64 percent as it, along with competitors, was stung by lower oil and natural gas prices.
Waste Management 1st-qtr profit falls 36 pct, with trash, prices for recycled goods downApril 29th, 2009 Waste Managment 1Q fallS 36 pct, hurt by recyclingHOUSTON — Waste Management Inc., the nation's largest garbage collector, says its first-quarter profit fell 36 as the recession hurt prices of recycled goods and lowered the amount of trash picked up. The Houston-based company says net income totaled $155, or 31 cents per share, down from $241 million, or 48 cents, in the first quarter of 2008.
Loading ...