Analysts increase 2010 estimates, shares rise after Alcoa posts third-quarter profitOctober 8th, 2009 Shares jump after Alcoa posts surprise 3Q profitHARTFORD, Conn. — Shares of Alcoa Inc.
Rite Aid posts smaller-than-expected loss, but predicts bigger deficit and lower salesSeptember 24th, 2009 Rite Aid trims 2Q loss but lowers forecastsNEW YORK — Drugstore operator Rite Aid Corp. is reporting a smaller second-quarter loss than a year ago, but is lowering its expectations for the fiscal year.
Greif posts decline in 3Q profit, but beats Wall Street estimatesSeptember 2nd, 2009 Greif posts steep decline in 3Q profitDELAWARE, Ohio — Industrial packaging products manufacturer Greif Inc. said Wednesday its third-quarter profit fell 39 percent, though its adjusted results that excluded restructuring charges beat Wall Street expectations.
Profit at Limited Brands, owner of Victoria's Secret, falls 27 pct in 2Q but beats forecastAugust 20th, 2009 Profit falls in 2nd qtr at Victoria's Secret ownerCOLUMBUS, Ohio — Limited Brands Inc., which operates Victoria's Secret and Bath and Body Works, said Wednesday that its second-quarter profit fell 27 percent as sales slipped, but cost-cutting helped it earn more than Wall Street expected. The specialty retailer boosted its yearly outlook Wednesday, and its shares rose 22 cents, or 1.5 percent, to $14.80 in trading after hours.
Harman International posts losses for 4Q and full year but beats Wall St. estimatesAugust 20th, 2009 Harman International posts 4Q, full-year lossesSTAMFORD, Conn. — Harman International Industries Inc.
China's AirMedia Group posts $7M 2nd-quarter loss, expects high fees to continue; shares slideAugust 18th, 2009 AirMedia posts steep 2Q loss on higher costsSEATTLE — AirMedia Group Inc., which runs networks of digital screens that carry advertising and content in airports and places ads on airplane TV screens, on Monday reported a second-quarter loss as costs surged as it expanded its business. AirMedia said it doesn't expect those costs to ease this year, and issued sales guidance below Wall Street expectations.
Target's 2nd-quarter profits fall 6.2 pct, but results well exceed estimates amid cost-cuttingAugust 18th, 2009 Target's 2Q profit falls 6.2 pct, beats estimatesNEW YORK — Target says its second-quarter profit fell 6.3 percent, but results surpassed Wall Street forecasts amid cost-cutting initiatives and improvements in its credit-card business. The Minneapolis-based discounter says Tuesday that it earned $594 million, or 79 cents per share, in the period.
Earnings roundup: Penney posts small 2Q loss, Abercrombie & Fitch loses money on weak salesAugust 14th, 2009 Earnings roundup: Penney, Abercrombie & FitchAmong the earnings stories for Friday, Aug. 14, from the AP Financial News:
NEW YORK (AP) — J.C.
Earnings roundup: Nymox Pharmaceutical 2Q loss widens; Penney posts small loss, beats viewsAugust 14th, 2009 Earnings roundup: Nymox Pharmaceutical, PenneyAmong the earnings stories for Friday, Aug. 14, from AP Financial News:
NEW YORK (AP) — Canadian biotechnology company Nymox Pharmaceutical Corp.
LSI Corp.'s 2nd-quarter loss widens on charges, beats analysts' expectationsJuly 30th, 2009 LSI 2Q loss widens but beats Wall Street estimatesMILPITAS, Calif. — Chip maker LSI Corp.
Cliffs shares advance after 2nd-qtr profit beats Wall Street expectationsJuly 30th, 2009 Cliffs shares rise after 2Q profit beats streetNEW YORK — Shares of Cliffs Natural Resources Inc. rose in afternoon trading a day after it posted second-quarter earnings that beat Wall Street expectations.
FedEx posts widened 4th-qtr loss, but adjusted results top Wall Street's expectationsJune 17th, 2009 FedEx posts loss, but adjusted results top viewNEW YORK — FedEx says it posted a bigger fiscal fourth-quarter loss, weighed down by hefty one-time charges, but adjusted results came in well above expectations on Wall Street. The company said Wednesday it lost $876 million, or $2.82 per share, compared with a loss of $241 million, or 78 cents per share a year ago.
Ingersoll-Rand clarifies 2009 outlook, suggests results won't be as bad as previously thoughtApril 22nd, 2009 Ingersoll-Rand clarifies 2009 outlook; shares soarNEW YORK — Ingersoll-Rand Co. on Wednesday provided greater clarity on its full-year guidance, suggesting that the diversified industrial manufacturer's 2009 results will not be as bad as previously thought.
Ingersoll-Rand cuts 2009 earnings, revenue outlook, cites reduced demand in key end marketsApril 22nd, 2009 Ingersoll-Rand cuts 2009 earnings, revenue outlookNEW YORK — Diversified industrial conglomerate Ingersoll-Rand Co. cut its full-year 2009 revenue and earnings-per-share guidance Wednesday to reflect reduced demand in most of its major end markets.
AMD first-quarter loss widens, though not as badly as Street fearedApril 21st, 2009 AMD 1Q loss widens, though not as badly as fearedSAN FRANCISCO — Advanced Micro Devices Inc. says its loss widened in the first quarter because of falling demand for its microprocessors.
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