Earnings
EarningsAirline 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:03/25/14Click:7671 Full Story »
EarningsE-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:03/25/14Click:7670 Full Story »
EarningsMicrosoft 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:03/25/14Click:7671 Full Story »
EarningsHoneywell 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:03/25/14Click:7669 Full Story »
EarningsHarley-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:03/25/14Click:7669 Full Story »
EarningsHarley 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:03/25/14Click:7669 Full Story »
EarningsGrainger 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 segm...
Author:UnknownDate:03/25/14Click:7669 Full Story »
EarningsSun 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:03/25/14Click:7669 Full Story »
EarningsMicrosoft 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 into a recession, Chief Fin...
Author:JESSICA MINTZDate:03/25/14Click:7669 Full Story »
EarningsHoneywell 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:03/25/14Click:7669 Full Story »
EarningsMicrosoft 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 ear...
Author:Mark LongDate:03/25/14Click:7669 Full Story »
EarningsCountrywide 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:03/25/14Click:7669 Full Story »
EarningsOverseas 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:03/25/14Click:7669 Full Story »
EarningsHarley-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:03/25/14Click:7669 Full Story »
EarningsHoneywell 4Q profit rises 17.8 percent
NEWARK, N.J. - Diversified manufacturer Honeywell International Inc. reported a 17.8 percent rise in fourth-quarter profit while recording growth in all four of its business segments. Its stock rose almost 4 percent Friday. The Morris Township-based...
Author:JEFFREY GOLDDate:03/25/14Click:7669 Full Story »
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