Starwood Hotels & Resorts Worldwide, hotel and leisure services provider, announced 2Q profit drop of 65 cents a share, down from 72 cents a year earlier, including after-tax charge of $11 million. The company projected full-year profit before special items to be $484 million.
Waddel & Reed, fund manager, reported 2Q net loss of 9 cents per share on legal, personnel and restructuring charges. Excluding these items the company posted earnings of 27 cents a share vs. 31 cents a year ago.
Mother’sWork, maternity-apparel retailer, posted 3Q income fall of $1.03 per share vs. $1.24 a year ago on 9% lower same-store sales. The company forecast 4Q net loss in the range of 52 to 72 cents a share and same-store sales from down 1% to up 1%. |