Company Earnings - Page 12

Earnings News

AP - BlackBerry maker Research In Motion Ltd. said Wednesday its fiscal fourth-quarter profit soared as sales jumped 66 percent, according to preliminary results pending a restatement of past finances.

AP - BlackBerry maker Research In Motion Ltd. said Wednesday its fiscal fourth-quarter profit soared as sales jumped 66 percent, according to preliminary results pending a restatement of past finances.

AP - Biotechnology company Genentech Inc. on Wednesday reported a first-quarter profit surge of 68 percent over the same period last year behind continued strong sales of its stable of blockbuster cancer drugs.

FT.com - Wall Street stocks were lower at mid-morning on Wednesday, as investors were unmoved by a major cost-cutting plan from Citigroup (NYSE:C) and awaited further earnings results. More Info...  

FT.com - Wall Street stocks were set to open higher on Wednesday, as investors digested a major cost cutting plan from Citigroup (NYSE:C) and awaited further earnings results. More Info...  

FT.com - Wall Street stocks rose modestly on Tuesday, with investors in a cautious mood as the start of earnings season beckoned. More Info...  

FT.com - Wall Street stocks were mixed at mid-afternoon on Tuesday, with investors in a cautious mood as the start of earnings season beckoned. More Info...  

AP - Record aerospace industry demand and higher metal prices helped lift Alcoa Inc.'s first-quarter profits nearly 9 percent, as the aluminum maker kicked off earnings season and gave Wall Street its first taste of how companies have fared so far this year.

Reuters - Alcoa Inc. , the world's largest aluminum company, said on Tuesday first-quarter profit rose 9 percent, driven by higher metal prices and strong demand from aerospace and industrial customers.

Earnings News

AP - Levi Strauss & Co. posted its biggest first-quarter profit in a decade, providing the latest sign that the long-suffering jeans maker is finally on the mend.

AP - Levi Strauss & Co. posted its biggest first-quarter profit in a decade, providing the latest sign that the long-suffering jeans maker is finally on the mend.

AP - Aluminum producer Alcoa Inc. kicked off the first quarter earnings period on Tuesday by posting an almost 9 percent rise in profits on favorable metal prices and strong sales.

AP - Stocks edged higher Tuesday as investors refrained from major moves ahead of first-quarter earnings reports that began with Alcoa Inc.'s results after the closing bell. A modest increase in the Dow Jones industrials marked the eighth-straight win for the blue chip index, its longest such streak since 2003.

Reuters - Alcoa Inc. , the world's largest aluminum company, said on Tuesday first-quarter profit rose, driven by higher metal prices and sales in the aerospace, building and construction and industrial product markets. More Info...  

Reuters - Mylan Laboratories Inc. on Tuesday raised its fiscal 2007 earnings forecast, citing the strong performance of its generic drugs business, pushing its shares up more than 3 percent. More Info...  

FT.com - Wall Street stocks were mixed at midday on Tuesday, with investors in a cautious mood as the start of earnings season beckoned. More Info...  

FT.com - Wall Street stocks were firmer at mid-morning on Tuesday, but the mood was cautious as investors focused on the start of earnings season. More Info...  

FT.com - Wall Street stocks were set for modest gains on Tuesday, as investors focused on the start of earnings season. More Info...  

Earnings News AP - China Petroleum & Chemical Corp., better known as Sinopec, recorded a 30 percent rise in net profit in 2006 as strong domestic fuel demand and weaker crude oil prices late in the year offset refining losses. More Info...  

AP - China Petroleum & Chemical Corp., better known as Sinopec, recorded a 30 percent rise in net profit in 2006 as strong domestic fuel demand and weaker crude oil prices late in the year offset refining losses. More Info...