Yahoo! News: Earnings News
Earnings News
With sparse data, focus returns to Europe
(Reuters)
5 Feb 2012 at 9:24am
Reuters - Europe will again be at the center of investors' focus this week as the U.S. earnings season passes the halfway mark and there is little on the economic calendar to give the market direction.
Aon Q4 profit rises, but margin pressures persist
(Reuters)
3 Feb 2012 at 7:54am
Reuters - Aon Corp posted a higher quarterly profit that narrowly beat market estimates, but the world's largest insurance broker continued to face margin pressures in its Aon Hewitt segment for the second-straight quarter.
Truck maker Volvo's Q4 profit rockets
(AP)
3 Feb 2012 at 1:28am
AP - Swedish truck maker AB Volvo recorded a 46 percent rise in fourth-quarter profits after a surge in sales it described as the best it has seen in more than two decades.
Japan's Panasonic projects record annual net loss
(AP)
3 Feb 2012 at 1:16am
AP - Panasonic on Friday nearly doubled its projected net loss for the fiscal year to a record 780 billion yen ($10.2 billion) amid weak TV and mobile phone sales and ongoing restructuring costs after acquiring smaller Sanyo Electronics Co.
Broadband gives BT a Q3 profit boost
(AP)
3 Feb 2012 at 12:33am
AP - A strong performance by the broadband business helped British telecommunications company BT PLC report a 41 percent increase in net profit in the three months ending Dec. 31.
BT posts solid earnings and raises guidance
(Reuters)
2 Feb 2012 at 11:44pm
Reuters - Lower regulatory charges, cost cuts and strong demand for a wide range of services enabled Britain's BT to post solid third-quarter core earnings on Friday and lift aspects of its forecasts.
Panasonic headed for record $10 billion annual loss
(Reuters)
3 Feb 2012 at 3:55am
Reuters - Japan's Panasonic Corp warned of a record annual $10.2 billion net loss, joining beleaguered rivals Sony and Sharp in a sea of red ink as they struggle to fix their broken TV businesses and show they have not lost their way.
Wynn's 4th-qtr profit up 67 pct as revenue climbs
(AP)
2 Feb 2012 at 5:55pm
AP - Wynn Resorts Ltd. said Thursday that revenue growth in its Macau and Las Vegas casinos and a tax benefit helped drive profit up 67 percent in the last three months of 2011.
Homebuilders see stable housing market ahead
(AP)
2 Feb 2012 at 4:54pm
AP - The CEOs of some of the nation's biggest homebuilding companies said Thursday that they feel the housing market has stabilized.
Starwood 4Q profit falls, but tops Street's view
(AP)
2 Feb 2012 at 3:17pm
AP - Starwood Hotels & Resorts Worldwide Inc.'s fourth-quarter profit dropped 51 percent on impairment charges and other items, but its adjusted results beat analysts' expectations.
Kellogg fourth-quarter net income jumps
(AP)
2 Feb 2012 at 3:15pm
AP - Kellogg Co. is showing signs of easing its way out of a two-year slump. The cereal maker reported Thursday that its net income rose 23 percent on revenue gains.
Sunoco has pretax 4Q loss, CEO stepping down
(AP)
2 Feb 2012 at 3:15pm
AP - Sunoco Inc. said Thursday its CEO will step down on March 1 as the company exits the refining business to focus on its pipelines and retail gas stations.
Dow Chemical posts 4Q loss on charge
(AP)
2 Feb 2012 at 3:13pm
AP - The Dow Chemical Co. is feeling the impact of the slowing European economy, and seeing some weakness in North America as well.
MasterCard takes $495M charge to cover fee suit
(AP)
2 Feb 2012 at 3:10pm
AP - MasterCard Inc. on Thursday said it recorded a $495 million charge in its fourth quarter to cover potential losses related to a lawsuit brought by retailers over the fees they pay on credit card transactions.
Summary Box: Tough times ahead for drugmakers
(AP)
2 Feb 2012 at 2:32pm
AP - NEW NORMAL: Big drugmakers can no longer churn out drugs for the masses and double-digit profit increases. Now, they're having to develop drugs for smaller patient groups and hold up the bottom line with relentless cost-cutting.
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