COMPANY EARNINGS NEWS
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Earnings News
- H&R Block 1Q loss narrows despite revenue decline
(AP)
AP - H&R Block Inc. on Thursday said its fiscal first-quarter loss narrowed by 2 percent as it reduced staffing and other expenses.
- Take-Two posts 3Q profit, revenue soars
(AP)
AP - Video game publisher Take-Two Interactive Software Inc. posted better-than-expected results for its fiscal third quarter Thursday, reversing a loss as revenue more than tripled thanks to strong sales of "Red Dead Redemption" and other games.
- Summary Box: Pernod Ricard earnings
(AP)
AP - COMPANY: Pernod Ricard SA, Paris-based drink maker known for its anise-flavored aperitifs as well as Beefeater gin and recently acquired Absolut vodka reported its full-year earnings Thursday.
- Del Monte 1Q profit edges up, but revenue slips
(AP)
AP - Del Monte Foods Co. said Thursday that its fiscal first-quarter profit edged up 1.4 percent, but revenue softened on weakness in the consumer business and the company trimmed its expectations for revenue growth this year.
- TD Bank profit rises 29 percent
(AP)
AP - Toronto-Dominion Bank, North America's sixth largest bank by branches, increased profit by 29 percent in the third quarter on a record quarter by its Canadian retail banking operations.
- Chinese demand helps lift Pernod Ricard profits
(AP)
AP - Pernod Ricard SA said Thursday that demand for Martell cognac in China and Chivas Regal scotch in Latin America helped lift full-year net profit by 1 percent.
- Gazprom's Q1 profits triple to $10.6 bln
(AP)
AP - Russia's gas giant Gazprom said Thursday its net profit tripled to 324.9 billion rubles ($10.6 billion) in the first quarter of the year as the company capitalized on a cold winter in Europe.
- Earnings Preview: Campbell Soup Co.
(AP)
AP - Campbell Soup Co., the world's largest soup maker, reports its fourth-quarter and year-end results before the market opens Friday.
- Summary Box: Hovnanian Enterprises 3rd-qtr results
(AP)
AP - SMALLER LOSS: Hovnanian Enterprises Inc. cut its fiscal third-quarter loss as the homebuilder booked fewer land-related write-downs.
- Hovnanian trims loss for fiscal Q3
(AP)
AP - Hovnanian Enterprises Inc. said Wednesday its fiscal third-quarter loss narrowed versus the prior-year period as the homebuilder booked fewer land-related write-downs. But signed contracts on new homes tumbled 37 percent as demand slowed in the absence of homebuyer tax credits.
- Oxford posts 2Q profit, reversing year-ago loss
(AP)
AP - Clothing company Oxford Industries Inc. on Wednesday posted a fiscal second quarter profit as it benefited from restructuring and from exiting businesses that were no longer profitable. The company also raised its guidance for the full year.
- Collective Brands 2Q profit rises but misses views
(AP)
AP - Collective Brands Inc., the parent of Payless ShoeSource, said its fiscal second-quarter profit rose 13 percent as sales edged up and expenses declined.
- Borders 2nd-quarter loss widens
(AP)
AP - Borders Group Inc. reported a slightly larger loss in the second quarter and said it will sell more items besides books as it readies for the crucial holiday season.
- Brown-Forman posts 8 percent drop in 1Q net income
(AP)
AP - Liquor company Brown-Forman Corp. posted a 8 percent drop in first-quarter net income, missing analyst estimates and sending shares into a tailspin Wednesday as investors worried about the company's ability to meet its targets.
- Heinz 1Q profit rises 13 pct on overseas strength
(AP)
AP - H.J. Heinz Co.'s fiscal first-quarter net income jumped 13 percent as the foodmaker's business boomed in growing overseas markets such as India, China and Russia.
- Joy Global 3Q net income slips, raises forecast
(AP)
AP - Mining equipment maker Joy Global Inc. said Wednesday net income slid nearly 5 percent in the third quarter as sales slipped, but raised its 2010 forecast on a surge in new orders.
- Summary Box: Vivendi raises outlook despite 2Q dip
(AP)
AP - RESULTS: French media company Vivendi SA said second-quarter profit fell 3.5 percent due to fewer music releases from artists like Eminem and Lady Gaga. But it raised its full-year outlook as it expects strong results from video games and mobile services in emerging markets.
- Summary Box: Joy Global 3Q net income
(AP)
AP - MINING FOR GROWTH: Mining equipment maker Joy Global Inc. saw new orders jump 51 percent in the fiscal third quarter, as developing nations scrambled for raw materials.
- Glance: Borders 2nd-quarter revenue
(AP)
AP - Borders Group Inc., the No. 2 traditional U.S. bookseller, reported a slightly larger loss in the second quarter. Here's a closer look at its results:
- Summary Box: Borders 2nd-quarter results
(AP)
AP - THE RESULTS: Borders Group Inc., the No. 2 traditional U.S. bookseller, reported a slightly wider loss in the second quarter as revenue fell 12 percent because of weak book sales.