Earnings
Caterpillar 4Q profit rises
CHAMPAIGN, Ill. - Construction-equipment maker and economic bellwether Caterpillar Inc. said Friday that it expects resilient overseas economies to drive strong sales and profit growth this year, even as the United States teeters toward recession. T...
Author:DAVID MERCERDate:06/28/08Click:0 Full Story...
Airline execs eye consolidation
PHOENIX - As U.S. airlines pressure each other with low fares, executives are keeping an eye on consolidation efforts as the one sure way to squeeze profits out of an industry plagued by sky high fuel costs. Many carriers have tried to boost profits...
Author:CHRIS KAHNDate:06/28/08Click:0 Full Story...
E-Trade posts loss but sees profitable '08
NEW YORK (Reuters) - Beleaguered discount brokerage E*Trade Financial Corp (ETFC.O) posted a larger-than-expected quarterly loss on Thursday but said it expected to return to profitability in 2008, sending its shares higher. The company announced de...
Author:Lilla ZuillDate:06/28/08Click:0 Full Story...
Microsoft profit rises 79 pct
SEATTLE (Reuters) - Microsoft (MSFT.O) signaled confidence to a rattled stock market by raising its full-year earnings outlook above Wall Street targets and reporting a 79 percent rise in quarterly profit on Thursday. Analysts took the results as a...
Author:Daisuke WakabayashiDate:06/28/08Click:0 Full Story...
Honeywell quarterly profit, sales rise
NEW YORK (Reuters) - Diversified manufacturer Honeywell International Inc (HON.N) said on Thursday its fourth-quarter profit and sales rose from a year earlier, helped by strong economic conditions. Honeywell, the world's largest maker of cockpit el...
Author:UnknownDate:06/28/08Click:0 Full Story...
Harley-Davidson profit tumbles on weak U.S. sales
CHICAGO (Reuters) - Harley-Davidson Inc (HOG.N) said on Friday that its quarterly earnings fell 26 percent as sales of its iconic motorcycles tumbled in the United States, its biggest and most important market. The company reported a fourth-quarter...
Author:UnknownDate:06/28/08Click:0 Full Story...
Harley profit tumbles on weak U.S. sales
CHICAGO (Reuters) - Harley-Davidson Inc (HOG.N) said on Friday that its quarterly earnings fell 26 percent as sales of its iconic motorcycles tumbled in the United States, its biggest and most important market. The company reported a fourth-quarter...
Author:UnknownDate:06/28/08Click:0 Full Story...
Grainger posts better-than-expected profit
CHICAGO (Reuters) - W.W. Grainger Inc (GWW.N), a distributor of supplies to maintain and repair buildings, posted a stronger-than-expected quarterly profit on Friday due to market expansion, a bigger product line and demand in its international segme...
Author:UnknownDate:06/28/08Click:0 Full Story...
Sun 2Q profit beats estimates
SAN FRANCISCO - Though happy about Sun Microsystems Inc.'s second-quarter results, investors remained wary about the server and software maker's ability to prosper under intensifying pressure from rivals. The Santa Clara-based company posted profit...
Author:JORDAN ROBERTSONDate:06/28/08Click:0 Full Story...
Microsoft tops Street in 2Q; PC sales up
SEATTLE - Microsoft Corp. forecast a rosy 2008 — despite broader economic worries — after it blew by Wall Street's expectations for a second consecutive quarter. "We will be impacted just like everybody else," if the U.S. falls...
Author:JESSICA MINTZDate:06/28/08Click:0 Full Story...
Honeywell profit up 18 percent; shares jump
BOSTON (Reuters) - Diversified manufacturer Honeywell International Inc (HON.N) said quarterly profit rose nearly 18 percent, with sales up across all its units, sparking a 4.6 percent rise in its shares on Friday. Strong demand from the aviation se...
Author:Scott MaloneDate:06/28/08Click:0 Full Story...
Microsoft Earnings Surprise Wall Street
Microsoft posted a record $16.4 billion in revenue during the company's second business quarter, shattering its previous record by $2 billion. The software giant also blew away Wall Street expectations by recording a 92 percent rise in quarterly earn...
Author:Mark LongDate:06/28/08Click:0 Full Story...
Countrywide earnings eyed before deal
LOS ANGELES - Investor concerns that Bank of America Corp. might try to pull out or pay less for Countrywide Financial Corp. could intensify next week when the troubled mortgage lender reports 2007 year-end financial results. After posting a $1.2 bi...
Author:ALEX VEIGADate:06/28/08Click:0 Full Story...
Overseas Business Is The Right Rx For Top Drug Firms
If there's a central theme for pharmaceutical companies in this still-early earnings season, it's that it pays to spread your business around. The weak U.S. dollar, coupled with growth in international markets, has helped prop up results for firms t...
Author:Vance CariagaDate:06/28/08Click:0 Full Story...
Harley-Davidson 4Q profit tumbles
MILWAUKEE - Harley-Davidson Inc. says riders concerned about the economy are throttling big purchases, like the company's classic motorcycles, sending its profit down 26.3 percent in the fourth quarter. Sales in the U.S. were down 14.2 percent in th...
Author:EMILY FREDRIXDate:06/28/08Click:0 Full Story...
Slide Show
ADVERTISEMENT
ADVERTISEMENT
Recommend News