Gannett expects 3rd-quarter earnings to top Wall Street estimates; sales missSeptember 30th, 2009 Gannett expects 3Q earnings to top estimatesNEW YORK — Gannett Co., the largest newspaper publisher in the U.S., said third-quarter earnings should far outpace expectations despite a narrow shortfall in revenue, as layoffs and falling newsprint costs help offset weak advertising sales. Tuesday's announcement gave a sharp boost to Gannett's and other newspaper stocks.
Gannett expects 3rd-quarter earnings to top expectations; sales missSeptember 30th, 2009 Gannett expects 3Q earnings to top expectationsMCLEAN, Va. — Gannett Co., the largest newspaper publisher in the U.S., says it expects third-quarter earnings to far outpace expectations despite a shortfall in revenue.
GameStop to fall short of 2nd-qtr outlook and cut its '09 forecast, analyst says; shares slideAugust 17th, 2009 Ahead of the Bell: GameStop to fall shortNEW YORK — Shares of GameStop Corp., the world's largest videogame retailer, slid 5 percent in premarket trading Monday after an analyst predicted its second-quarter results would fall short and the company would have to cut its guidance. Wedbust Morgan analyst Michael Pachter said in a note to investors that GameStop results on Thursday are expected to be well below its own estimates due to the total decline in sales in the U.S.
Sweden's Saab posts drop in 2Q profits, order bookings fallJuly 24th, 2009 Sweden's Saab posts 2Q drop in profitsSTOCKHOLM — Second-quarter profits in Swedish aerospace and defense group Saab AB more than halved on weaker demand, project delays and order cancellations, the company said Friday. Despite the drop, Stockholm-headquartered Saab said it expects sales for the full year 2009 to be higher than in 2008.
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.
McClatchy posts higher 2nd-quarter profit despite drop in revenueJuly 21st, 2009 McClatchy posts higher 2Q profit despite slumpSACRAMENTO, Calif. — Newspaper publisher McClatchy Co.
Google overcomes slowest revenue growth yet to boost 2Q profit 19 pct, topping analyst viewsJuly 16th, 2009 Google 2Q profit up 19 pct amid slowing ad salesMOUNTAIN VIEW, Calif. — Google's second-quarter profit rose 19 percent despite the slowest revenue growth since the Internet search leader went public five years ago.
A wisp of hope: Gannett's 2Q profit tops analyst views, management sees less ad erosionJuly 15th, 2009 Gannett shares jolted by possible ease in ad slumpSAN FRANCISCO — Gannett Co., the largest U.S. newspaper publisher, used sharp cost cuts to deliver a higher-than-expected second-quarter profit Wednesday and offered a wisp of hope that the industry's advertising drought may be subsiding.
Gannett posts 2nd-qtr profit above analyst views, reversing year-ago loss despite sales dropJuly 15th, 2009 Gannett posts 2Q profit, beating analyst viewsMCLEAN, Va. — Gannett Co.
Gannett Co. eliminates 125 positions at its 6 New Jersey newspapersJuly 10th, 2009 Gannett eliminates positions at 6 NJ newspapersTRENTON, N.J. — Gannett Co.
Report: Gannett to jettison more than 1,000 workers to offset counter newspaper ad slumpJuly 1st, 2009 Report: Gannett to lay off more than 1,000 workersMCLEAN, Va. — Gannett Co.
Gannett to cut 1,400 jobs as slump in advertising revenue continuesJuly 1st, 2009 Gannett to cut 1,400 jobs in new round of cutsNEW YORK — Newspaper publisher Gannett Co. plans to cut 1,400 jobs in the next few weeks, about 3 percent of the work force, as it faces a prolonged slump in advertising revenue.
Ford analyst calls June industry's best month in '09; sales down less than 30 pctJune 29th, 2009 Ford analyst says June best month for sales in '09DEARBORN, Mich. — Ford Motor Co.'s top sales analyst says June was the industry's best month of the year, with sales falling less than 30 percent.
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.
Air Products posts 36 percent drop in 2nd-quarter profit on lower salesApril 22nd, 2009 Air Products profit, revenue fall in fiscal 2QLEHIGH VALLEY, Pa. — Air Products & Chemicals Inc., which supplies oxygen and other gases to the industrial and medical sectors, on Wednesday said its fiscal second-quarter profit dropped 36 percent as the continued decline in the global manufacturing industry cut into its sales.
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