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Earnings News
E.On 2009 net income up sharply to $11.4 billion
(AP)
10 Mar 2010 at 1:41am
AP - Germany energy company E.On AG said Wednesday that 2009 net income rose sharply to euro8.4 billion ($11.4 billion) partly as a result of the disposal of assets.
Nationalized UK bank Northern Rock back in profit
(AP)
10 Mar 2010 at 12:47am
AP - Nationalized mortgage lender Northern Rock said Wednesday that it returned to profit in the second half of 2009 as interest income rose and losses on loans fell.
ICF International's 4Q net ticks higher
(AP)
9 Mar 2010 at 5:05pm
AP - ICF International Inc.'s quarterly profit ticked higher as the company benefited from a lower tax rate and higher revenue from its consulting and technology services.
Flow International narrows 3Q loss
(AP)
9 Mar 2010 at 4:01pm
AP - Flow International Inc., which makes water jet machines for cutting and cleaning applications, said Tuesday it narrowed its loss in the third quarter, compared with a year-ago quarter weighed by a hefty charge.
Boston Beer 4th-qtr profit more than doubles
(AP)
9 Mar 2010 at 3:44pm
AP - Boston Beer Co.'s fourth-quarter profit more than doubled as it shipped out more beer and its profit margin grew and write-downs fell, the company said Tuesday after the market closed.
Battery maker A123 narrows 4Q loss as sales rise
(AP)
9 Mar 2010 at 3:39pm
AP - A123 Systems Inc., which makes lithium-ion batteries for cars, narrowed its loss in the fourth quarter as its sales rose.
Loss shrinks at Collective Brands, Payless parent
(AP)
9 Mar 2010 at 2:40pm
AP - Collective Brands Inc., which operates the low-price Payless Shoe Source chain, on Tuesday reported a smaller loss for its fourth quarter as its margins improved.
AgFeed 2009 revenue up 20 percent
(AP)
9 Mar 2010 at 1:44pm
AP - Chinese animal feed and pork producer AgFeed Industries Inc. said Tuesday its 2009 revenue rose 20 percents, and its shares rose.
Kroger 4Q profit falls 27 percent; margins shrink
(AP)
9 Mar 2010 at 1:31pm
AP - The Kroger Co. is sacrificing some profits to court financially strapped shoppers who are buying more groceries at lower prices, counting on them to keep coming back when better economic days finally arrive.
Northgate Minerals posts loss on charges
(AP)
9 Mar 2010 at 1:28pm
AP - Northgate Minerals Corp., a Canadian copper and gold mining company, said Tuesday it reversed a profit and posted a fourth-quarter net loss largely because of an $83.5 million impairment charge.
Steel Dynamics issues weak 1Q earnings outlook
(AP)
9 Mar 2010 at 1:24pm
AP - Steel Dynamics Inc. on Tuesday issued a first-quarter earnings outlook that mostly fell below analysts' estimates, citing weakness in its structural steel and fabrication operations.
Systemax shares soar after 4Q results
(AP)
9 Mar 2010 at 12:59pm
AP - Shares of Systemax Inc., an electronics retailer, shot higher Tuesday after the company said its fourth-quarter earnings jumped 84 percent.
Correction: Cooper earnings stories
(AP)
9 Mar 2010 at 12:30pm
AP - In headlines for a March 4 story and headlines and a story March 5 about Cooper Companies Inc., The Associated Press reported erroneously the fiscal period for the company's earnings. The company reported fiscal results for the first quarter, not the fourth quarter. The March 5 story was datelined New York.
Kroger 4Q earnings summary
(AP)
9 Mar 2010 at 12:11pm
AP - SALES UP, PROFITS DOWN: Cincinnati-based Kroger Co. says fourth-quarter profits fell 27 percent, even as sales rose 7 percent in a tough competitive and pricing environment.
Kroger 4Q earnings at glance
(AP)
9 Mar 2010 at 11:53am
AP - Cincinnati-based Kroger Co. reported fourth quarter and annual earnings Tuesday:
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