Unilever to buy Sara Lee's personal care products for $1.88 billionSeptember 25th, 2009 Unilever buys some Sara Lee businesses for $1.88BAMSTERDAM — Consumer products maker Unilever NV says it has agreed to buy the personal care products businesses of Sara Lee Corp. for euro1.28 billion ($1.88 billion).
ConAgra Foods 1Q profit falls 63 percent, but outlook raised on strong consumer businessSeptember 22nd, 2009 ConAgra sees 1Q profit fall, raises outlookOMAHA, Neb. — ConAgra Foods Inc.
Newell Rubbermaid beats forecasts with 14 percent increase in 2nd-quarter profitJuly 30th, 2009 Newell Rubbermaid 2Q profit rises 14 pctCHICAGO — Consumer products company Newell Rubbermaid's second-quarter earnings rose 14 percent on lower material costs and a decision to stop making some less-profitable products. Adjusted results for the maker of storage containers, office supplies and cookware were down 3 percent compared with last year's adjusted figures, the company said Thursday — but still managed to top Wall Street forecasts.
Bankrate 2nd-quarter profit cut in half as advertising revenue shrinksJuly 30th, 2009 Bankrate 2Q profit cut in halfNEW YORK — Bankrate Inc. on Thursday reported its second-quarter profit was cut in half as the recession eroded advertising revenue at the consumer finance Web site operator.
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.
Akamai reports 2nd-quarter profit grew 5 percent but falls short of Wall Street forecastsJuly 29th, 2009 Akamai 2Q profit up, but is short of expectationsCAMBRIDGE, Mass. — Akamai Technologies Inc.
Supervalu 1st-quarter profit slips, but adjusted results top Wall Street's expectationsJuly 28th, 2009 Supervalu 1Q profit falls as sales declineMINNEAPOLIS — Grocery chain Supervalu Inc. said Tuesday that its fiscal first-quarter profit dropped 30 percent as sales and profit margins softened as it cut prices and spent more on promotions.
Poor Corp. reports decline in 2nd-quarter profit, but shares climb, results beat expectationsJuly 23rd, 2009 Pool Corp. 2Q profit dips but beats expectationsCOVINGTON, La. — Pool Corp.
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.
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.
Nike's profit drops in 4th quarter on costs to cut jobs; adjusted earnings top expectationsJune 24th, 2009 Nike 4Q profit declines on costs to cut jobsPORTLAND, Ore. — Athletic footwear and apparel company Nike Inc.
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.
Earnings roundup: Blackstone Group 1Q loss narrows, Foster Wheeler 1Q profit slides 46 percentMay 6th, 2009 Earnings roundup: Blackstone Group, Foster WheelerAmong the earnings stories for Wednesday, May 6, from AP Financial News:
NEW YORK (AP) — Private equity firm Blackstone Group says its first-quarter loss narrowed as management and advisory fees increased. ZUG, Switzerland (AP) — Foster Wheeler AG said its first-quarter profit fell 46 percent as the construction and engineering company's revenue slumped and its results were hurt by unfavorable currency comparisons.
American Express 1st-quarter profit falls 63 percent, but results beat Wall Street estimatesApril 23rd, 2009 AmEx 1Q profit drops 63 percent, but beats StreetNEW YORK — American Express says its earnings fell 63 percent in the first three months of the year, marking a sixth-straight quarter of profit declines at the credit card lender. But the results are better than analysts were expecting.
Altria Group 1st-quarter profit falls 76 percent on charges, higher interest expensesApril 22nd, 2009 Altria Group 1Q profit drops 76 percentRICHMOND, Va. — Altria Group, the owner of the nation's biggest cigarette maker, says its first-quarter profit fell 76 percent because of acquisition charges and higher interest expenses.