Suntech Power profit drops 81 pct on pricing pressure for solar panels, cuts shipment outlookAugust 20th, 2009 Suntech Power 2Q profit falls on pricing pressureSAN FRANCISCO — Chinese solar energy company Suntech Power Holdings Co. Ltd. on Thursday posted an 81 percent drop in second-quarter earnings, driven by sales pricing pressure, and cut its full-year shipment outlook.
Gas distributor Nicor affirms 2009 profit outlook of $2.54-$2.74 per shareJuly 31st, 2009 Nicor affirms 2009 profit outlookNAPERVILLE, Ill. — Nicor on Friday affirmed its 2009 profit outlook, saying it is starting to see the positive effect of higher rates in its natural gas distribution business.
Michigan power company CMS Energy back 2009 outlook of $1.25 per shareJuly 30th, 2009 CMS Energy reaffirms 2009 outlookJACKSON, Mich. — Power company CMS Energy on Thursday reaffirmed its adjusted profit outlook for 2009 of $1.25 per share.
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.
McGraw-Hill 2nd-quarter profit drops partly on restructuring charge related to job cutsJuly 28th, 2009 McGraw-Hill 2Q profit down on restructuring chargeNEW YORK — McGraw-Hill Cos. said Tuesday that its second-quarter profit dropped 23 percent, partly hurt by a restructuring charge related to job cuts.
Amgen's 2nd-quarter profit rises 40 percent on lower costs after restructuring programJuly 27th, 2009 Amgen 2Q profit rises 40 percent on lower costsTHOUSAND OAKS, Calif. — Biotechnology company Amgen Inc.
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.
Carnival books better-than-expected 32 percent drop in 2nd-qtr profit but lowers 2009 outlookJune 18th, 2009 Carnival reports 32 percent drop in 2Q profitMIAMI — Cruise operator Carnival is reporting a better-than-expected 32 percent drop in second-quarter profit but is lowering its full-year forecast to reflect rising fuel costs. Miami-based Carnival Corp.
Aetna cuts full-year profit outlook, citing higher than expected costs, lower Medicaid revenueJune 2nd, 2009 Aetna cuts full-year profit forecastHARTFORD, Conn. — Managed-care company Aetna Inc.
Tenet Healthcare swings to 1st-quarter profit on one-time gain, revenue boostMay 5th, 2009 Tenet Healthcare swings to 1Q profitINDIANAPOLIS — Hospital operator Tenet Healthcare Inc. reported Tuesday a first-quarter profit on a gain from a debt swap and higher overall revenue, despite a slight drop in same-hospital admissions caused by the weak economy.
Textron's 1st-qtr profit sinks 63 pct on weak corporate jet demand; cuts 2009 profit outlookApril 28th, 2009 Textron's 1st-quarter profit falls 63 pctWASHINGTON — Textron Inc., which makes Cessna planes, Bell helicopters and turf maintenance equipment, said Tuesday its first-quarter profit fell 63 percent as the recession drove down demand for its corporate jets. It also slashed its 2009 profit outlook and said it expects more job cuts.
Textron Inc.'s 1st-qtr profit sinks 63 pct on weaker corporate jet sales, cuts '09 outlookApril 28th, 2009 Textron's 1st-quarter profit drops 63 pctPROVIDENCE, R.I. — Textron Inc., which makes Cessna planes, Bell helicopters and turf maintenance equipment, says its first-quarter profit sank 63 percent on lower sales of corporate jets.
WellPoint says 1st-quarter profit dipped on $288.4M investment loss, cuts outlookApril 22nd, 2009 WellPoint 1Q profit slips 1 percent on investmentsINDIANAPOLIS — WellPoint Inc. said Wednesday its profit fell 1 percent in the first quarter due mainly to investment losses, and the health insurer narrowed its outlook for the year.
Ingersoll-Rand cuts 2009 earnings, revenue outlook, cites reduced demand in key end marketsApril 22nd, 2009 Ingersoll-Rand cuts 2009 earnings, revenue outlookNEW YORK — Diversified industrial conglomerate Ingersoll-Rand Co. cut its full-year 2009 revenue and earnings-per-share guidance Wednesday to reflect reduced demand in most of its major end markets.
Ingersoll-Rand clarifies 2009 outlook, suggests results won't be as bad as previously thoughtApril 22nd, 2009 Ingersoll-Rand clarifies 2009 outlook; shares soarNEW YORK — Ingersoll-Rand Co. on Wednesday provided greater clarity on its full-year guidance, suggesting that the diversified industrial manufacturer's 2009 results will not be as bad as previously thought.