Xerox to purchase Affiliated Computer Services in cash-and-stock deal valued at $5.75 billionSeptember 30th, 2009 Xerox to buy Affiliated Computer for $5.75BNEW YORK — Xerox Corp. has agreed to buy Affiliated Computer Services Inc.
Fertilizer seller Potash Corp. lowers 3Q, '09 profit estimates on weak sales volumesSeptember 18th, 2009 Potash Corp. lowers 3Q, '09 profit estimatesSASKATOON, Canada — Potash Corporation of Saskatchewan Inc., a Canadian fertilizer seller, said Friday that its third-quarter and 2009 yearly profit would be lower than it had predicted earlier.
Texas Instruments raises 3rd-quarter profit outlook, revenue expectationsSeptember 9th, 2009 Texas Instruments raises 3Q profit outlookDALLAS — Chip maker Texas Instruments is raising its profit outlook for the third quarter. The company said Wednesday it now expects earnings per share between 37 cents and 41 cents in the three months to Sept.
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.
Retailers' 2nd-quarter profits show strides in profitability but where are the sales?August 18th, 2009 Snapshot of retailers' 2nd-quarter earningsSecond-quarter profits from major retailers underscore how cost-cutting moves helped profitability, and the market saw reason for hope in the four reports Tuesday. But retailers continue to grapple with weak consumer spending.
Fossil anticipates recession will weigh on its 3rd-quarter, 4th-quarter profit resultsAugust 11th, 2009 Fossil expects recession to weigh on outlookRICHARDSON, Texas — Fossil Inc, which makes watches, shoes and other fashion accessories, said Tuesday that it expects the recession to weigh on both its third-quarter and fourth-quarter earnings results. The company said it anticipates third-quarter profit of 38 cents to 42 cents per share.
E.W. Scripps posts 2nd-quarter profit after recording year-ago loss on impairment chargeAugust 10th, 2009 E.W. Scripps posts 2nd-quarter profitCINCINNATI —Media company E.W. Scripps says it made a profit in the second quarter despite a decline in revenue.
Shares of cruise companies dip after Royal Caribbean posts Q2 loss, cuts outlookJuly 29th, 2009 Royal Caribbean, Carnival dip after resultsCHICAGO — Shares of cruise line companies sank Wednesday after Royal Caribbean Cruises Ltd. told investors it lost a worse-than-expected $35 million in the second quarter and lowered its outlook.
Xerox posts smaller 2nd-quarter profit but tops forecast with cost cuttingJuly 23rd, 2009 Xerox posts smaller 2Q profit, tops forecastNEW YORK — Xerox Corp. said Thursday its second-quarter profit tumbled 35 percent but topped Wall Street forecasts, as cost cutting helped offset another weak period for sales.
Grocer Safeway's profit edges up in second-quarter thanks to a tax benefitJuly 23rd, 2009 Grocer Safeway's profit up slightly in 2QPORTLAND, Ore. — Safeway Inc.
Precision Castparts posts 13 percent drop in fiscal 1st-quarter profit as sales tumbleJuly 21st, 2009 Precision Castparts 1Q profit drops 13 percentPORTLAND, Ore. — Precision Castparts Corp., which makes metal components and products, said Tuesday its fiscal first-quarter profit fell 13 percent as sales tumbled on a volatile aerospace market and soft overall demand.
Xerox to report 2nd-quarter results Thursday as technology budgets remain tightJuly 21st, 2009 Earnings Preview: Xerox to report 2Q earningsNEW YORK — Xerox Corp. is set to report earnings for the second quarter on Thursday ahead of the opening bell.
Stec 1st-quarter profit, sales grow, surpassing analysts' expectationsMay 11th, 2009 Stec posts better-than-expected 1Q resultsSANTA ANA, Calif. — Memory chip maker Stec Inc.
Burger King 3rd quarter profit climbs 15 percent but company cuts full-year outlookApril 29th, 2009 Burger King 3Q profit risesMIAMI — Burger King says its profit rose 15 percent in the fiscal third quarter but is lowering its full-year outlook due to the stronger dollar and possible affects of the Swine Flu. Miami-based Burger King Corp.
Xerox posts 1st-quarter profit, results meet lowered outlook the company issued last monthApril 24th, 2009 Xerox 1Q earnings meet revised outlookNEW YORK — Xerox Corp. met lowered expectations for first-quarter earnings Friday, but said slower spending on printing equipment and supplies continued to hurt sales, a trend the company projected to continue for at least the next few months.