Yahoo! News: Earnings News
Earnings News
Mosaic profit up, will cut fertilizer output
(Reuters)
5 Jan 2009 at 2:20pm
Reuters - North American fertilizer company Mosaic Co said on Monday its quarterly profit jumped, boosted by rising potash and phosphate sales, but said it would cut output and expected weak results for its current quarter.
Venezuela's oil income soars in early 2008
(AP)
1 Jan 2009 at 3:23pm
AP - Record prices boosted Venezuela's oil income by 225 percent in the first nine months of 2008, allowing the state-run oil company to stash $10.8 billion in government reserves now that oil prices have dropped dramatically.
Clarification: Costco Wholesale story
(AP)
30 Dec 2008 at 12:24pm
AP - A Dec. 11 story about Costco's quarterly results was datelined Issaquah, Wash. It should have been datelined Portland, Ore., where the writer is based.
Gazprom profits triple in Q2, before crisis hit
(AP)
30 Dec 2008 at 9:39am
AP - Russia's Gazprom said Tuesday its net profit almost tripled in the second quarter of 2008 as the world's largest gas producer reaped earnings from record commodity prices before the global economic crisis took hold.
Japan steelmakers likely cut profit forecasts: Nikkei
(Reuters)
27 Dec 2008 at 6:31pm
Reuters - Japan's Nippon Steel Corp (5401.T) and JFE Holdings Inc (5411.T) will likely cut their operating profit forecasts for this business year as demand from automakers and other customers plunges, the Nikkei business daily said on Sunday.
Red Hat 3Q up 20 pct, but revenue below estimate
(AP)
22 Dec 2008 at 4:16pm
AP - Red Hat Inc. on Monday reported a 20 percent increase in profit for the third quarter as budget-conscious companies opted for the software provider's open-source Linux operating system over more expensive proprietary systems.
Walgreen 1Q profit falls 10 percent on store costs
(AP)
22 Dec 2008 at 2:34pm
AP - Drugstore operator Walgreen Co. said Monday its profit fell 10 percent in its fiscal first quarter, short of Wall Street expectations, because of costs opening more than 200 new stores.
Walgreen profit misses view and CVS stands by outlook
(Reuters)
22 Dec 2008 at 10:11am
Reuters - Walgreen Co posted a smaller-than-expected quarterly profit and again cut its store opening plans, showing that after years of rapid growth, drugstores are being hit by the recession.
CarMax swings to 3Q loss as sales fall
(AP)
19 Dec 2008 at 8:14am
AP - Auto retailer CarMax Inc. said Friday it swung to a $21.9 million loss in the third quarter due to slumping sales and store traffic, and loan loss write-downs in its auto finance arm.
Carmax posts loss
(Reuters)
19 Dec 2008 at 5:31am
Reuters - Carmax Inc on Friday reported third-quarter sales fell 23 percent to $1.46 billion.
Oracle still looks strong despite 2Q earnings dip
(AP)
18 Dec 2008 at 11:27pm
AP - Oracle Corp.'s earnings are weakening for the first time in years, but the business software maker still may be in reasonably good shape despite the economy's terrible condition.
Research in Motion 3rd-qtr profit grows 7 percent
(AP)
18 Dec 2008 at 6:55pm
AP - BlackBerry-maker Research in Motion Ltd. reported better-than-expected revenue guidance for the fourth quarter and strong holiday sales of its new smart phones despite the slowing economy.
Pier 1 3Q loss widens amid spending free fall
(AP)
18 Dec 2008 at 3:53pm
AP - Struggling home accessories retailer Pier 1 Imports Inc. said Thursday its fiscal third-quarter loss widened amid a free fall in consumer spending, raising some questions about its ability to weather the economic slowdown.
Carnival's 4Q earnings gain 4 percent, shares rise
(AP)
18 Dec 2008 at 3:10pm
AP - Carnival Corp., the world's largest cruise operator, reported a better-than-expected 4 percent increase in fourth-quarter earnings on Thursday, but lowered its 2009 outlook as consumers put off booking vacations for next year.
RIM posts rosy holiday outlook despite slow economy
(Reuters)
18 Dec 2008 at 2:56pm
Reuters - Research In Motion delivered a quarterly profit in line with forecasts and a rosier-than-expected outlook on Thursday that reflects strong holiday sales of its BlackBerry smartphones even as the global economy slows.
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