Publisher Wolters Kluwer profit falls 8 percent to euro132 million in H1July 29th, 2009 Wolters Kluwer profit falls 8 percent in H1AMSTERDAM — Wolters Kluwer NV, a major publisher of medical, legal and accounting journals, reported an 8 percent fall in net profit in the first half of 2009, due to higher operating costs and write-downs on the value of its publishing rights. Net profit was euro132 million ($187 million), down from euro144 million in the same period a year earlier.
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.
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.
German drug, chemical maker Merck second quarter net profit falls 48 percent to euro109 millionJuly 24th, 2009 Merck Q2 net profit falls 48 percent to euro109 MFRANKFURT — German drug and chemical maker Merck KGaA said Friday its second quarter net profit fell 48 percent as higher research costs and one-time effects from the acquisition of Serono weighed on the bottom line. The Darmstadt-based company reported a net profit of euro108 million ($153 million) in the April-June period compared with euro207 million a year earlier.
United Technologies 2Q profit falls 24 percent as co. records restructuring costsJuly 21st, 2009 United Technologies 2Q profit falls 24 percentHARTFORD, Conn. — United Technologies Corp.
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.
Pratt & Whitney cuts 200 jobs as part of restructuring announced in MarchJune 24th, 2009 Pratt & Whitney cuts 200 jobsEAST HARTFORD, Conn. — Jet engine manufacturer Pratt & Whitney said Wednesday it is cutting 200 salaried jobs as it struggles with the deteriorating airline market.
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.
VeriSign reports 1st-quarter profit on boost in revenue, lower restructuring costsMay 9th, 2009 VeriSign reports 1Q profit on revenue, lower costsMOUNTAIN VIEW, Calif. — VeriSign Inc., which provides Internet infrastructure services, said Thursday it posted a first-quarter profit on a boost in revenue and lower expenses.
Consumer products maker Unilever reports 45 percent fall in 1st-quarter net profit, sales dipMay 8th, 2009 Unilever first-quarter net profit falls 45 percentAMSTERDAM — Unilever NV, the maker of consumer products such as Dove soaps and Ben & Jerry's ice cream, has reported a 45 percent fall in net profit for the first quarter, as sales dipped and restructuring costs increased. The company says net profit was euro731 million, down from euro1.34 billion.
Avon Products 1st-quarter profit falls 36 percent on foreign exchange pressureMay 5th, 2009 Avon Products 1Q profit falls 36 pctNEW YORK — Avon Products Inc. on Tuesday said its first-quarter profit fell 36 percent, due to significant foreign exchange pressures and the impact of the global recession.
Starbucks 2Q profit falls 77 percent on restructuring, but adjusted earnings beat estimatesApril 29th, 2009 Starbucks 2Q profit drops 77 percentSEATTLE — Starbucks says its fiscal second-quarter profit dropped 77 percent because of big restructuring charges related to closing more than 120 cafes. Seattle-based Starbucks Corp.
Time Warner Cable 1st-qtr profit falls on restructuring, spin-off charges despite sales boostApril 29th, 2009 Time Warner Cable 1Q earnings fall on chargesNEW YORK — Time Warner Cable Inc. said Wednesday its first-quarter earnings fell 32 percent on restructuring and other costs related to its spin-off from former parent Time Warner, despite a boost in sales.
SonicWall reports 1st-quarter profit as costs declineApril 27th, 2009 SonicWall posts 1Q profit, lower revenueSUNNYVALE, Calif. — Network security technology company SonicWall Inc.
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