ConAgra Foods 1st-qtr profit falls as year-ago benefits from commodity trading business saleSeptember 22nd, 2009 ConAgra Foods 1Q profit drops 63 percentOMAHA, Neb. — ConAgra Foods says its fiscal first-quarter profit dropped 63 percent as the prior year saw a large gain from the sale of its commodity trading business, but adjusted results beat analysts' estimates.
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.
Filtration co. Donaldson says its fourth-quarter profit fell 51.5 percent as sales plungedSeptember 1st, 2009 Donaldson says its 4Q profit fell 51.5 pctMINNEAPOLIS — Donaldson Co. Inc., which makes filtration systems, reported Tuesday that its fiscal fourth-quarter profit fell 51.5 percent to $23.6 million as sales plunged 30.6 percent, but it beat analyst estimates.
Russian oil major Lukoil's net profit falls 44 percent in Q2 but beats analyst estimatesAugust 28th, 2009 Lukoil's Q2 net profit down 44 percentMOSCOW — Lukoil, Russia's largest private oil company, on Friday posted a 44 percent drop in net profit for the second quarter due to lower oil prices, but still beat analyst expectations. Net income fell to $2.3 billion from $4.1 billion a year earlier, the company said in a statement.
Earnings roundup: Wal-Mart 2Q income unchanged, Kohl's profit dips in 2Q but still beats viewsAugust 13th, 2009 Earnings roundup: Wal-Mart, Kohl'sAmong the earnings stories for Thursday, Aug. 13, from AP Financial News:
NEW YORK (AP) — Wal-Mart Stores Inc.
Flextronics drops to 1st-quarter loss from year-ago profit on restructuring chargesJuly 29th, 2009 Flextronics plunges to 1Q loss, still tops outlookNEW YORK — Singapore-based contract electronics manufacturer Flextronics International Ltd. plunged to a loss in its fiscal first quarter on restructuring and other charges, but adjusted results still beat expectations.
Earnings roundup: US Steel posts loss as steel demand falls; Supervalu profit falls, cuts viewJuly 28th, 2009 Earnings roundup: US Steel, SupervaluAmong the earnings stories for Tuesday, July 28, from AP Financial News:
PITTSBURGH (AP) — United States Steel Corp., the largest U.S.-based steel maker, said Tuesday it lost $392 million during its second quarter as the global recession hurt orders for the metal. MINNEAPOLIS (AP) — Grocery chain Supervalu Inc.
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.
Coffee giant Starbucks serves up sweet earningsJuly 22nd, 2009 SEATTLE/WASHINGTON - The world's largest coffeehouse chain Starbucks delivered earnings of $152 million for the second quarter, easily beating Wall Street expectations, the Seattle-based company reported Tuesday. In the April-June period of 2008, Starbucks swallowed a loss of $7 million.
Seed maker Monsanto 3Q profit falls 14 pct, plans to cut 900 jobsJune 24th, 2009 Monsanto 3Q profit falls 14 pct, will cut 900 jobsST. LOUIS — Monsanto Co., the world's biggest seed maker, said Wednesday its third-quarter profit fell 14 percent and it plans to cut 900 jobs, or about 4 percent of its work force.
J.M. Smucker 4th-quarter profit more than doubles, Folgers continues to boost resultsJune 18th, 2009 J.M. Smucker fiscal 4Q profit more than doublesORRVILLE, Ohio — J.M. Smucker, maker of jams, jellies and Jif peanut butter, says its fiscal fourth-quarter profit more than doubled, continuing to benefit from last year's Folgers acquisition.
Sara Lee's 3rd-quarter profit falls on consumer pullback; adjusted results top Wall StreetMay 9th, 2009 Sara Lee's 3Q profit falls 22 percentDOWNERS GROVE, Ill. — Food maker Sara Lee says its fiscal third-quarter profit fell 22 percent as sales dropped on a consumer spending pullback and the stronger dollar.
Chevron says first-quarter profit falls 64 percent on lower crude, gas pricesMay 1st, 2009 Chevron 1Q profit falls 64 pct as oil prices fallHOUSTON — Chevron Corp. says its first-quarter profit fell 64 percent as it, along with competitors, was stung by lower oil and natural gas prices.
Starbucks 2Q profit falls 77 percent on restructuring, but adjusted earnings beat estimatesApril 29th, 2009 Starbucks 2Q profit drops 77 percent on chargesNEW YORK — Starbucks Corp. said Wednesday its fiscal second-quarter profit dropped 77 percent because of big restructuring charges related mainly to the closure of 123 U.S.
Supervalu loses $201M in 4th-quarter on charges, but adj. results beat analysts' estimatesApril 23rd, 2009 Supervalu loses $201 million in 4th-quarterMINNEAPOLIS — Supervalu Inc., one of the nation's largest grocery chains, says it lost $201 million in its fiscal fourth-quarter mostly because of hefty goodwill and asset impairment charges. Adjusted results managed to top analysts' estimates.