Monsanto, Procter & Gamble, Talbots, UAL, Men's Warehouse are among big market moversSeptember 10th, 2009 Monsanto, Procter & Gamble, Talbots big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Monsanto Co., down $4.18 at $79.30
The seed maker will lay off more workers than it had originally planned, and warned profit would be at the low end of its guidance. Procter & Gamble Co., up $2.28 at $56.04
Sales will begin rebounding this fall, the consumer goods maker said, as it cuts prices and sends new value-oriented products to stores.
Semtech issues fiscal 2010 third-quarter earnings and sales forecastAugust 20th, 2009 Semtech issues 3rd-quarter profit, sales outlookCAMARILLO, Calif. — Semiconductor maker Semtech Corp.
S&P lowers outlook for Koppers Holdings on weak second-quarter resultsAugust 18th, 2009 S&P lowers outlook for Koppers HoldingsNEW YORK — Standard & Poor's Ratings Services said Tuesday it cut its outlook on Koppers Holdings Inc. to "Stable" from "Positive" on weak second-quarter earnings.
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.
Jinpan International says 2Q profit rose 44 percent, but shares fall on weak outlookAugust 14th, 2009 Jinpan 2Q profit up 44 percent; shares fallJinpan International Ltd., which makes cast resin transformers for power distribution, said on Friday that its second-quarter profit jumped 44 percent as raw material prices fell and it benefited from an influx of high-end orders. But its shares fell sharply as it predicted that earnings growth would slow.
Sara Lee narrows loss in fiscal 4th-quarter but shares fall on weak guidance for full yearAugust 12th, 2009 Sara Lee narrows 4Q loss; shares fall on outlookPORTLAND, Ore. — Sara Lee Corp.
Teen apparel retailers report weak July same-store salesAugust 6th, 2009 Sector Snap: Teen apparel wilts in JulyNEW YORK — Teen retailers reported weak same-store sales in July, partly hurt by later school-start dates and later tax-free shopping periods in several states. Labor day falls a week later this year compared to a year ago.
Charles River Labs cuts full-year outlook on weak demand; forecast falls below Street viewAugust 5th, 2009 Charles River Labs cuts full-year outlookWILMINGTON, Mass. — With sales and profit down the first half of the year, medical research equipment maker Charles River Laboratories International Inc.
Newell Rubbermaid beats forecasts with 14 percent rise in 2Q profit, raises outlook for yearJuly 30th, 2009 Newell Rubbermaid 2Q profit bounces up 14 pctCHICAGO — Consumer products company Newell Rubbermaid Inc. said its second-quarter earnings rose 14 percent, thanks to lower material costs and a decision to stop making some less-profitable products.
Earnings roundup: Viacom 2Q profit, sales slide; acquisition lowers Teva Pharmaceutical netJuly 28th, 2009 Earnings roundup: Viacom, Teva PharmaceuticalAmong the earnings stories for Tuesday, July 28, from AP Financial News:
NEW YORK (AP) — Viacom Inc. said Tuesday its second-quarter profit tumbled 32 percent as revenue fell amid a weak advertising market, slower video game sales and lower box-office results.
Truck maker Volvo posts $718 million loss in second quarter, says markets stabilizingJuly 21st, 2009 Volvo posts $718 million loss on falling salesSTOCKHOLM — Swedish truck maker AB Volvo on Tuesday reported its third consecutive quarterly loss as sales plunged by one-third amid weak demand in the April-June period. Volvo posted a net loss of 5.56 billion kronor ($718 million) in the second quarter, compared with a profit of 5.1 billion kronor in the same period last year.
Commercial truck maker Paccar cuts dividend to 9 cents from 18 centsJuly 8th, 2009 Paccar cuts dividend to 9 cents from 18 centsBELLEVUE, Wash. — Paccar Inc.
Commercial truck maker Paccar renews $2 billion credit facilityJune 26th, 2009 Paccar renews $2 billion credit facilityBELLEVUE, Wash. — Commercial truck maker Paccar Inc.
Apparel maker VF's profit falls one-third in 1st qtr, hurt by strong dollar; co. cuts outlookApril 28th, 2009 Apparel maker VF's 1st-qtr profit falls one-thirdNEW YORK — Shares of apparel maker VF Corp. fell after hours Tuesday after the company painted a bleaker picture of the fall and remainder of the year than investors were hoping for, cutting its revenue and earnings guidance as its first-quarter profit fell 33 percent.
Swedish truck maker Volvo posts $500 million loss in 1Q on weak demand amid financial crisisApril 24th, 2009 Sweden's Volvo posts $500 million loss in 1QSTOCKHOLM — Swedish truck maker AB Volvo on Friday posted a worse-than-expected first-quarter net loss of 4.2 billion kronor ($500 million), citing a continued drop in demand in its markets, which it expects to continue to shrink due to the global financial turmoil. The loss was wider than analysts' expectations for a shortfall of around 3.5 billion kronor and compared with a net profit of 4.2 billion kronor a year earlier.
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