Your Search Returned 17 tagged news reports
Nike Inc. said Tuesday that as consumers around the globe limited their spending, its first-quarter profit was nearly unchanged from a year ago, but it beat expectations. The world’s largest athletic shoe and apparel company reported that it earned $513...
Tags: Nike Inc., apparel company, beat expectations, lower half, Nike Air Jordan, globe limited, Niketown, 1q profit, nearly unchanged, Darden Restaurants Inc., Portland
In recent weeks, we have seen consumer confidence improve, housing turnover show signs of a bottom in certain markets and home prices slow their decline," Chief Executive Robert Niblock said in a statement. He added that though these are positive signs,...
Tags: Lowe's Home Improvement Warehouse, Lowe's Cos., quarter profit, improvement retailer, Home Depot Inc., fewer charge, profit climbed, 1q profit, beat wall, quarter ended
The recession, along with mounting job losses and credit worries, has hammered consumers, who are sticking steadfastly to shopping lists for groceries and other essentials, rejecting unnecessary purchases and seeking deep discounts. While the conviction...
Tags: J.C. Penney Co., JC Penney, quarter profit, department store, pension expenses, 1q profit, net income, Abercrombie & Fitch, profit drops, profit slides
The company also said that it expected to moderately increase production levels in its factories in the current quarter. Shares rose to $18.05, or more than 4 percent, in late trade after closing at $17.32 in the regular session on the New York Stock...
Tags: york mellon, quarter profit, health insurers, 1q profit, Drugmaker Merck & Co., profit fall, profit drops, KeyCorp, United Technologies Corp
Hormel Foods Corp reported a higher-than-expected profit Thursday, as recession-hit consumers turned to its Spam lunch meat and Dinty Moore stews, and affirmed its full-year earnings outlook. Hormel ( HRL , Fortune 500 ) said net earnings fell about 8%...
Tags: Hormel Foods Corp., Whole Foods Market Inc., food market, beat wall, quarter profit, food corp, food 1q, 1q profit
Online brokerage TD Ameritrade says its first-quarter profit dropped 23 percent and cut its outlook for the year because the nation's economic problems. The Omaha-based company said Tuesday that it earned $184.4 million, or 31 cents per share, in the...
Tags: TD Ameritrade Holding Corp., profit dropped, 1q profit, quarter profit, economic problems, cut outlook
LEE Staff Writer May 29, 2008 Nashville-based Genesco said Thursday its first quarter net earnings soared to $129.8 million, boosted by a gain from its settlement with shoe company Finish Line and UBS Securities earlier this year. Genesco said it...
Tags: quarter ended, Thomson Financial, 1q profit, OmniVision, based compensation
Broadband network company Qwest Communications says its first-quarter profit fell 35 percent on sharply higher tax expenses. Denver-based Qwest said Tuesday it earned $157 million or 9 cents per share in the three months ended March 31, down from $240...
Tags: tax expenses, Qwest Communications International Inc., higher tax, qwest 1q, Telecom Qwest, 1q profit, profit fall, quarter net, based telecommunication, telecommunication company
Net income declined to $1.77 billion, or 29 cents a share, from $1.87 billion, or 30 cents, a year earlier, Cisco said today in a statement. Revenue rose 10 percent to $9.79 billion in the period ended April 26. The report may alleviate concern that business...
Tags: 1q profit, Cisco Systems Inc., Tekelec, expectations profit, RF Micro
CVS Caremark Corp., the nation's biggest pharmacy chain, said its first-quarter profit jumped 84 percent, helped by surging sales in the wake of last year's purchase of Caremark. Profit climbed to $745 million, or 51 cents per share, after preferred dividend...
Tags: CVS Caremark Corp., profit jumped, 1q profit, quarter profit, profit climbed, pharmacy chain