Eli Lilly 3rd-quarter profit and revenue surpass estimates, drugmaker raises 2009 guidanceOctober 21st, 2009 Eli Lilly posts 3Q profit ahead of Street viewsNEW YORK — Eli Lilly & Co. says it turned a profit in the third quarter as a legal costs came off its books, and the drugmaker raised its forecasts for the year.
Medicines sets 3rd-quarter revenue outlook below Wall Street analyst forecastsOctober 6th, 2009 Medicines sets 3Q revenue outlook below forecastsPARSIPPANY, N.J. — Drugmaker Medicines Co.
Cruise liner Carnival tops forecasts for 3Q despite 20 percent profit declineSeptember 22nd, 2009 Carnival profit falls 20 pct, still beats StreetCHICAGO — Carnival Corp. said Tuesday that its third-quarter profit fell nearly 20 percent, but the results were still better than expected as fuel prices fell and more travelers booked cruises.
Phillips-Van Heusen's 2nd-qtr profit falls 9.1 percent to $26M but tops Wall Street forecastAugust 20th, 2009 Phillips-Van Heusen 2Q profit down 9 pct at $26.6MNEW YORK — Clothing maker Phillips-Van Heusen Corp. said Wednesday that its second-quarter profit fell 9.1 percent but still topped Wall Street's profit and revenue forecasts, and the company boosted its outlook.
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.
Analog Devices says 3rd-quarter profit falls by more than half, but still tops estimatesAugust 18th, 2009 Analog Devices 3Q profit falls 53 percentNORWOOD, Mass. — Chip designer Analog Devices Inc.
Chip equipment maker Applied Materials posts 3Q loss as revenue drops 39 pct but tops viewAugust 11th, 2009 Applied Materials posts 3Q loss as revenue fallsSANTA CLARA, Calif. — Applied Materials Inc., which makes equipment used to produce semiconductors, said Tuesday it slid to a fiscal third-quarter loss, reversing a year-ago profit, as revenue plunged 39 percent.
King Pharmaceuticals says 2nd quarter profit falls, but performance tops expectationsAugust 6th, 2009 King Pharmaceuticals reports 2Q profit dropBRISTOL, Tenn. — Drug developer King Pharmaceuticals said Thursday its second-quarter profit dropped, as generic competition continued to hurt drug sales.
Casino operator Wynn Resorts' net income falls in 2nd qtr but tops analyst expectationsJuly 30th, 2009 Wynn Resorts' 2Q profit falls but beats estimatesLAS VEGAS — Casino operator Wynn Resorts Ltd. said Thursday its second-quarter net income fell 91 percent, hurt by lower gambling revenue and the continuing costs of opening the Encore at Wynn Las Vegas casino, but the profit topped forecasts.
Boardwalk Pipeline 2nd-qtr profit falls sharply on costs related to expanded pipelinesJuly 27th, 2009 Boardwalk Pipeline 2Q profit tumbles on costsHOUSTON — Boardwalk Pipeline Partners LP, which transports and stores natural gas, on Monday said its second-quarter profit fell 69 percent on higher expenses related to newly expanded pipelines. Quarterly earnings were $20.3 million, or 12 cents per unit, compared with $64.7 million, or 50 cents per unit, during the same period last year.
Actuate 2Q profit falls as revenue declines nearly 15 percentJuly 27th, 2009 Actuate 2Q profit clipped as revenue falls 15 pctSAN MATEO, Calif. — Actuate Corp.
EMC 2Q profit falls 43 pct but tops Street views; co. sees improving predictabilityJuly 23rd, 2009 EMC 2Q profit falls 43 pct but tops Street viewsSAN FRANCISCO — Fresh off a successful bid for a major acquisition, EMC Corp. said Thursday that its second-quarter profit plunged 43 percent on a sales decline of 11 percent.
United Technologies 2Q profit falls 17 percent as co. records restructuring costsJuly 21st, 2009 United Technologies 2Q profit falls 17 percentHARTFORD, Conn. — United Technologies says its second-quarter profit fell 17 percent as the diversified manufacturer recorded restructuring costs.
Abbott Laboratories' 2nd-quarter profit falls 3 percent on mix of charges but meets forecastsJuly 15th, 2009 Abbott Laboratories 2Q profit falls 3 percentNORTH CHICAGO, Ill. — Drug developer and medical device maker Abbott Laboratories said Wednesday its second-quarter profit fell 3 percent on a mix of buyout and restructuring charges, but the results still met Wall Street forecasts.
SanDisk posts loss in first-quarter but tops estimates; revenue falls 22 percent, shares riseApril 22nd, 2009 SanDisk posts loss in 1Q, but tops estimatesMILPITAS, Calif. — SanDisk Corp., a supplier of flash memory cards installed in cell phones and digital cameras, on Tuesday reported a net loss for the first quarter as revenue fell by 22 percent.