Earnings
EarningsCampbell Soup profit falls, sales rise
CAMDEN, N.J. - The Campbell Soup Co. said Friday its second-quarter profit slipped 3.9 percent as increases in the cost of commodities and energy and higher promotional spending offset a strong sales increase. The company has been offering fewer pro...
Author:UnknownDate:03/25/14Click:7671 Full Story »
EarningsHP's 1Q profit rises 38 percent
SAN FRANCISCO - Hewlett-Packard Co. started its fiscal year with a first-quarter profit above analyst expectations and predicted its performance will improve in the months ahead, providing a ray of hope in the gathering economic gloom. The Palo Alto...
Author:MICHAEL LIEDTKEDate:03/25/14Click:7672 Full Story »
EarningsMedco profit falls, raises forecast
TRENTON, N.J. - Medco Health Solutions Inc., the nation's top-grossing prescription benefit manager, posted a 9 percent decline in fourth-quarter profit as costs rose for business expansion and acquisitions. However, its stock surged Tuesday after M...
Author:LINDA A. JOHNSONDate:03/25/14Click:7669 Full Story »
EarningsMedtronic profit plunges on charges
MINNEAPOLIS - Third-quarter earnings at medical device maker Medtronic Inc. tumbled 89 percent from a year ago due to charges from lawsuit settlements and acquisition costs, but the adjusted profit still beat Wall Street expectations. Medtronic said...
Author:STEVE KARNOWSKIDate:03/25/14Click:7669 Full Story »
EarningsWal-Mart sees profitable low-price year
Defying the gloom that many retailers are feeling, Wal-Mart Stores Inc. expects a more profitable year selling to penny-pinching shoppers after its renewed focus on low prices paid off over the holidays with a 4 percent rise in fourth-quarter profit...
Author:MARCUS KABELDate:03/25/14Click:7670 Full Story »
EarningsHP shares rise as profit beats Street targets
SAN FRANCISCO (Reuters) - Hewlett-Packard Co (HPQ.N) on Tuesday issued a quarterly earnings report and forecast ahead of Wall Street targets as it cut costs and sold more PCs and server computers, sending its stock up 5 percent. The report of a 38 p...
Author:Philipp GollnerDate:03/25/14Click:7669 Full Story »
EarningsGoogle 4Q profit misses analysts target
SAN FRANCISCO - Google Inc.'s earnings and revenue growth decelerated more than analysts anticipated during the fourth quarter, magnifying worries that the Internet search leader's moneymaking machine is bogging down as the U.S. economy teeters on ...
Author:MICHAEL LIEDTKEDate:03/25/14Click:7669 Full Story »
EarningsMcKesson Corp. 3Q profits drop
SAN FRANCISCO - Prescription drug distributor McKesson Corp. said Thursday that one-time expenses sent its third-quarter profits sharply lower despite a double-digit increase in sales. At 68 cents per share, McKesson's profit fell well short of the...
Author:MARCUS WOHLSENDate:03/25/14Click:7669 Full Story »
EarningsElectronic Arts swings to 3Q loss
NEW YORK - Video game publisher Electronic Arts Inc. said Thursday it swung to a loss in the third quarter, hurt by restructuring charges and the way it accounts for online-enabled games. The company acknowledged its business has been mixed in a rob...
Author:BARBARA ORTUTAYDate:03/25/14Click:7681 Full Story »
EarningsGoogle quarterly profit climbs to 1.21 billion dollars
SAN FRANCISCO (AFP) - Google reported Thursday that its profits for the last three months of 2007 climbed to 1.21 billion dollars, but its stock price sank as the figure fell short of Wall Street expectations. Google said its gross revenues for the...
Author:Glenn ChapmanDate:03/25/14Click:7669 Full Story »
EarningsMcKesson quarterly net profit falls
NEW YORK (Reuters) - Pharmaceutical wholesaler McKesson Corp (MCK.N) reported on Thursday that its quarterly profit fell 17 percent as results were hit by charges and lower profit margins on generic drugs. The company also lowered the top of its ful...
Author:Bill BerkrotDate:03/25/14Click:7670 Full Story »
EarningsE-Trade posts $1.7 billion loss for 4Q
NEW YORK - E-Trade Financial Corp. posted a hefty loss for the fourth quarter on Thursday as the struggling discount brokerage dumped a book of risky investments at a steep discount. In an illustration of how the mortgage industry crisis has spread...
Author:DAN SEYMOURDate:03/25/14Click:7669 Full Story »
EarningsSun Micro 2nd-quarter profit doubles
SAN FRANCISCO (Reuters) - Sun Microsystems Inc (JAVA.O), the world's fourth-largest server-computer maker, said on Thursday that quarterly profit doubled amid strong growth in emerging markets. Net income rose to $260 million, or 31 cents per share,...
Author:Philipp GollnerDate:03/25/14Click:7669 Full Story »
EarningsJuniper Networks 4Q profit up 73 percent
SUNNYVALE, Calif. - Juniper Networks Inc. on Thursday reported a 73 percent jump in fourth-quarter profit on strong networking-gear sales. The Sunnyvale-based company earned $122.9 million, or 22 cents a share, compared with $71 million, or 12 cents...
Author:UnknownDate:03/25/14Click:7669 Full Story »
EarningsAmgen profit up, 2008 outlook steady
SACRAMENTO - Biotech giant Amgen Inc. reported Thursday that its fourth-quarter profits rose, topping analysts' estimates, despite government warnings about the safety of its popular anemia drugs. The company's forecast for 2008, however, calls for...
Author:MARCUS WOHLSENDate:03/25/14Click:7670 Full Story »
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