Week of Earnings - Heinz, BHP Billiton and Intuit
Sep 02, 11:33 AM ET |
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| Durable goods orders, oil price and home sales are expected to dominate investor sentiment for the light trading days of the week. |
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| Earnings from 240 companies, oil price volatility and economic news from government will impact trading pattern during the week. Toro, Intuit, Toll Brothers, Chico's, Heinz, BHP Billiton, and Smucker are some of the companies to release earnings this week. With more than 95% of S&P companies have already released earnings, this week may be the last week of hectic earnings schedule. |
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Target Posts Strong Sales and Increase in Operating Earnings
Aug 11, 12:41 AM ET |
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| TOM Online profit rises on record high revenue, Liberty Global swings to loss, Carlsberg 2Q profit and sales increase, Aegon profit jumps 71%. |
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| Target Corp., discount retailer, said Thursday that net income declined sharply in the second quarter versus a year ago, when the company’s results included a hefty gain on the sale of the Marshall Field's chain. Earnings from continuing operations increased 50% mainly due to strong sales and margins. |
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Deutsche Telekom's Net Rises 63%
Aug 11, 7:06 AM ET |
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| TOM Online profit rises on record high revenue, Liberty Global swings to loss, Carlsberg 2Q profit and sales increase, Aegon profit jumps 71%. |
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| Deutsche Telekom AG Thursday reported a 63% jump in second-quarter net profit mainly due to growth at the company’s U.S. and German wireless operations and high-speed Internet businesses. According to the company, sales growth was led by the strong development of the mobile-phone business in particular. Germany's telecom company owns wireless business T-Mobile and Internet business T-Online besides its traditional fixed-line activities. |
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Federated Department Stores Posts Double Quarterly Profit
Aug 10, 12:33 AM ET |
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| AIG's net income rises 51%, Disney earnings climb on gains from TV division, Lazard's Quarterly Profit Jumps 30%. |
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| Federated Department Stores Inc., owner of Bloomingdale's and Macy's, announced on Wednesday that its second-quarter earnings nearly doubled. The second-quarter 2005 numbers were in line with analysts' profit expectations. The company added that it expects sales growth to pick up in the second half of the year. |
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Lazard's Quarterly Profit Jumps 30%
Aug 10, 9:48 AM ET |
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| AIG's net income rises 51%, Disney earnings climb on gains from TV division, Cisco's net income jumps 12%, guidance disappoints. |
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| Lazard Ltd., an investment bank specializing in mergers-and-acquisitions advising and asset management, on Wednesday announced that its second-quarter earnings climbed nearly 30% on surging deal activity. The 157-year old banking partnership that went public in May added that mergers-and-acquisition revenues at the company climbed 35% for the quarter. |
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MCI Posts a Net Profit Despite 10% Revenue Drop
Aug 09, 10:14 AM ET |
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| UBS posts 5% net jump, helped by industrial holdings, McDonald's Japan reports 58% decline in net, EchoStar's 2Q profit climbs on tax gain. |
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| MCI Inc. reported it swung to a profit in the second quarter despite a 10% decline in revenue, as the company’s cost-reducing measures paid off. Analysts had expected the telecommunications company, which is being acquired by Verizon Communications Inc., to report a net loss of 1 cent a share for the latest quarter. |
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McDonald's Sales Rise Led by Solid Growth in Europe
Aug 08, 1:00 PM ET |
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| UFJ swings to $1.47 billion profit, Standard Chartered's profit up on revenue growth, Delphi, Visteon both swing to losses. |
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| The fast-food giant McDonald's Corp.'s same-store sales at its namesake restaurants world-wide rose 4.9% in July, boosted by solid growth in Europe. U.S. same-store sales rose 4.9%, recording the 28th month of sales gains in a row, while European sales grew 5.3%, due to positive performance in France and Germany. |
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Nortel's Profit Climbs as Revenue Increases 10%
Aug 08, 10:06 AM ET |
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| UFJ swings to $1.47 billion profit, Standard Chartered's profit up on revenue growth, Delphi, Visteon both swing to losses. |
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| Nortel Networks Corp., the Canadian telecom-equipment maker struggling to recover from an accounting scandal, reported a higher second-quarter profit as revenue rose 10%, bolstered by surging sales of the company’s enterprise and wireless gear. Besides its accounting problems, Nortel has been suffering tight competition in the telecom-equipment industry. |
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Barclays Reports 2.4% Jump in Net on Strong Investment Banking
Aug 05, 10:13 AM ET |
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| Goodyear net more than doubles, British Airways posts double 1Q net, lifts full-year outlook, Liberty Media reported smaller loss. |
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| The U.K. bank Barclays PLC announced Friday that its net profit climbed 2.4% in the first half of the year as a strong performance in its investment-banking and asset-management segments offset slowing growth in retail banking. |
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Pixar's Earnings and Revenue Tumble
Aug 05, 9:02 AM ET |
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| Goodyear net more than doubles, British Airways posts double 1Q net, lifts full-year outlook, Liberty Media reported smaller loss. |
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| Pixar Animation Studios posted a steep decline in second-quarter net income and revenue, blaming the weaker results on the tough comparisons with the year-ago strong performance of 'Finding Nemo' on home video. Pixar's earnings met the company's earlier projections, which were recently cut due to higher-than-anticipated returns of the home-video version of the company's most recent film 'The Incredibles'. |
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