DuPont says third quarter earnings up, beating expectations; company cites cost cuttingOctober 20th, 2009 DuPont reports rise in 3Q profitDOVER, Del. — DuPont says cost-cutting helped offset lower volumes and contributed to a surprisingly strong increase in third-quarter earnings.
Sun-Times signs 3-year printing agreement with Journal SentinelSeptember 21st, 2009 Sun-Times, Journal Sentinel in printing agreementCHICAGO — Journal Sentinel Inc. and Sun-Times Media Group Inc.
PiperJaffray upgrades Starbucks to 'Overweight' from 'Neutral' on improved sales outlookSeptember 18th, 2009 PiperJaffray upgrades Starbucks to 'Overweight'SAN FRANCISCO — A PiperJaffray analyst upgraded the shares of Starbucks to "Overweight" from "Neutral" based on the expectations that sales results at stores open at least a year will improve. PiperJaffray's Nicole Miller Regan said a trend of moderate improvement in same-store sales results will generate "margin expansion in an already cost-cutting phase."
Regan expects 2009 profit of 75 cents per share, a penny lower than the 76 cent per share consensus estimate of analysts surveyed by Thomson Reuters.
Analyst upgrades shares of Avery Dennison on expectations that investors will start buyingSeptember 11th, 2009 Ahead of the Bell: Avery Dennison shares upgradedNEW YORK — Avery Dennison Corp. is cutting costs, reducing debt and improving cash flow, an analyst said Friday as he upgraded shares of the adhesive label maker and office supplies provider.
Publisher of Journal Sentinel to cut 92 jobs, or 6 percent of work forceAugust 4th, 2009 Publisher of Journal Sentinel to cut 6 pct of jobsMILWAUKEE — The publisher of the Milwaukee Journal Sentinel is cutting 92 jobs as the current advertising slump continues to ravage the newspaper business. The cuts represent 6.2 percent of the work force at Journal Sentinel Inc.
Kellogg increases 2009 earnings guidance but says it will spend more on cost-cutting planJuly 30th, 2009 Kellogg sees rosier earnings for full yearBATTLE CREEK, Mich. — Cereal and snack maker Kellogg Co.
Visa posts 72 pct increase in fiscal 3Q profit, beats Wall Street estimateJuly 29th, 2009 Visa quarterly profit jumps 72 percentBOSTON — Visa Inc.' said Wednesday its fiscal third-quarter profit jumped 72 percent, as recent cost-cutting helped offset declining payment processing volume. The world's largest electronic payment network on Wednesday reported net income of $729 million, or 97 cents per share, for the three months ended June 30.
Verizon 2nd-quarter profit down 7 percent, but matches Wall Street expectationsJuly 27th, 2009 Verizon 2Q profit falls, but matches expectationsNEW YORK — Verizon, the nation's largest wireless carrier, says its second-quarter profit fell 7 percent as rising costs outstripped an increase in sales. Its results are in line with Wall Street expectations.
Air India awaits Boeing Dreamliner's takeoffJuly 24th, 2009 WASHINGTON - Boeing Co. has reported better-than-expected second-quarter results but failed to answer when will its troubled 787 Dreamliner, 27 of which have been ordered by Air India, fly for the first time.
Starbucks shares jump after analysts praise chain's cost-cutting, 3rd quarter profit beatJuly 22nd, 2009 Starbucks shares soar following 3Q profit beatNEW YORK — Shares of Starbucks Corp. soared Wednesday after a number of analysts praised the company's cost-cutting efforts following the gourmet coffee chain's fiscal third-quarter profit report.
Tata Communications launches advanced networking serviceJuly 21st, 2009 MUMBAI - Tata Communications, a leading telecom and Internet services provider, Tuesday launched advanced ethernet services to help its customers experience high-speed, secure and cost-effective bandwidth. Ethernet is a widely installed local area network (LAN) technology.
Skechers shares rise as it posts surprise 1st-qtr profit on cost cutting, inventory controlApril 30th, 2009 Skechers shares rise on strong 1Q earningsMANHATTAN BEACH, Calif. — Shares of footwear maker Skechers USA Inc.
OfficeMax 1st-quarter profit falls 79 percent but beats expectations, helped by cost cuttingApril 30th, 2009 OfficeMax 1Q profit falls but beats expectationsNAPERVILLE, Ill. — Office-supply retailer OfficeMax Inc.
Union Pacific reports 18 percent drop in 1st-quarter net income, but beats expectationsApril 23rd, 2009 Union Pacific 1st-quarter income falls 18 percentOMAHA, Neb. — Union Pacific Corp.
Ingersoll-Rand posts loss in 1st quarter but beats Wall Street estimates on cost cuttingApril 22nd, 2009 Ingersoll-Rand posts 1Q loss but tops expectationsNEW YORK — Ingersoll-Rand Co. said Wednesday it fell to a loss in the first quarter but the diversified industrial manufacturer topped Wall Street's expectations, due in part to cost cutting.
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