Company Earnings - Page 18

AP - Goldman Sachs Group Inc., the largest Wall Street investment house, on Tuesday said its first-quarter profit rose 29 percent to a company record on robust trading gains and investment banking fees.

Reuters - Goldman Sachs Group Inc. on Tuesday posted its best quarterly earnings ever on record trading and banking results, trouncing expectations that were recently lowered amid fears that mortgage market woes and volatile stocks would hurt results.

AP - Kroger Co., the nation's largest traditional grocer, said Tuesday that its fourth-quarter profit climbed 36 percent on strong sales growth amid tough competition. More Info...  

AP - Revlon Inc., the beauty products maker controlled by financier Ron Perelman, said Tuesday it swung to a fourth-quarter loss as U.S. sales declined and the company incurred restructuring charges and costs to discontinue its line of cosmetics for older women. More Info...  

Reuters - Kroger Co. , the largest U.S. grocery chain, got an unexpected tax benefit and posted a 36.4 percent jump in quarterly profit on Tuesday as it attracted shoppers with remodeled stores featuring a better selection of products. More Info...  

AP - Hertz Global Holdings Inc., the world's largest renter of cars, reported Monday night that it made a profit on record revenues in its first quarter since going public in November.

Earnings News

Reuters - Texas Instruments Inc. kept the midpoints of its quarterly profit and revenue forecast unchanged on Monday, disappointing investors who had hoped for an improvement in the chipmaker's outlook.

Reuters - Texas Instruments Inc. kept the midpoints of its quarterly profit and revenue forecast unchanged on Monday, disappointing investors who had hoped for an improvement in the chipmaker's outlook.

Reuters - Countrywide Financial Corp. , the largest U.S. mortgage lender, on Monday said it has low exposure to nonprime mortgages, but may still experience fluctuating earnings in the near term due to turmoil in the U.S. subprime market.

Earnings News AP - Airbus endured its worst year since it began in 1970, as delays, higher expenses and a weak dollar dragged down fourth-quarter and 2006 net profit for its parent, EADS NV. The company's co-CEOs said things would only get worse before they get better. More Info...  

AP - Airbus endured its worst year since it began in 1970, as delays, higher expenses and a weak dollar dragged down fourth-quarter and 2006 net profit for its parent, EADS NV. The company's co-CEOs said things would only get worse before they get better. More Info...  

Earnings News

AP - Warehouse retailer Costco Wholesale Corp. said Thursday its fiscal second-quarter profit dropped 16 percent, hurt in part by costs associated with revamping its consumer electronics return policy.

AP - Warehouse retailer Costco Wholesale Corp. said Thursday its fiscal second-quarter profit dropped 16 percent, hurt in part by costs associated with revamping its consumer electronics return policy.

Reuters - BMW , the world's largest premium carmaker, is raising its dividend by more than 9 percent after record 2006 earnings that were buoyed by a one-off gain, the company said on Thursday.

Reuters - Fleetwood Enterprises Inc. posted a quarterly loss on a 24 percent fall in revenue, as its housing group witnessed its lowest shipments since 1961. More Info...  

Reuters - Tech Data Corp. , the world's second largest computer products distributor, said its quarterly profit rose more than 22 percent over the year-ago period when it recorded a restructuring charge. More Info...  

AFP - BMW said Thursday that it achieved record sales and earnings last year as cost-cutting measures and booming demand for its cars helped offset negative effects from the weak dollar and high oil prices.

Reuters - Costco Wholesale Corp. on Thursday said its quarterly profit fell, hurt by charges for expensing stock options.

Earnings News

AP - Digital video recording service provider TiVo Inc. posted a narrower fourth-quarter loss Wednesday, beating Wall Street expectations.

AP - Digital video recording service provider TiVo Inc. posted a narrower fourth-quarter loss Wednesday, beating Wall Street expectations.