Company Earnings - Page 23

FT.com - Drax Group bucked the strong market trend in London yesterday as investors banked profits amid fears the power company could lose its blue chip status. More Info...  

Reuters - Northwestern Corp. , which is set to be acquired by Australia's Babcock & Brown Infrastructure Group , said 2006 earnings fell after the settlement of a lawsuit. More Info...  

Reuters - Ceradyne Inc. said on Monday quarterly profit more than doubled, spurred by higher sales of its ceramic body armor plates for U.S. troops. More Info...  

Reuters - Marvel Entertainment Inc. reported lower profit for the fourth quarter, as contributions fell from its domestic licensing and Spider-Man merchandising joint venture. More Info...  

Earnings News

Reuters - Stock investors will look to earnings reports from retailers Federated Department Stores Inc. and Target Corp. this week as well as new soundings on consumer sentiment as they to try to get a handle on the state of the U.S. economy.

Reuters - Stock investors will look to earnings reports from retailers Federated Department Stores Inc. and Target Corp. this week as well as new soundings on consumer sentiment as they to try to get a handle on the state of the U.S. economy.

Earnings News Reuters - Stock investors will look to earnings reports from retailers Federated Department Stores Inc. and Target Corp. next week as well as new soundings on consumer sentiment as they to try to get a handle on the state of the U.S. economy. More Info...  

AP - Profit at Lowe's Cos. fell 11.5 percent in the fourth quarter but beat analysts' expectations, and investors Friday rewarded the home improvement retailer. Wall Street sent shares of the nation's second-largest home improvement chain higher. In fact, some analysts made bets Friday that Lowe's might have borne the worst of a slowdown from the slumping housing sector.

AP - Clear Channel Communications Inc., the nation's largest operator of radio stations, said Friday its fourth-quarter earnings tumbled 54 percent as expenses rose ahead of an $18.7 billion planned buyout by a group of private equity firms. More Info...  

Reuters - Home improvement retailer Lowe's Cos. reported better-than expected earnings on Friday even as the weak U.S. housing market hurt results, and its shares rose as much as 6 percent to an all-time high as it said sales could trend upward this year.

AP - Sanyo Electric Co. said Friday it was fully cooperating with an investigation by securities authorities into suspected window-dressing of earnings at the struggling Japanese electronics maker. More Info...  

Reuters - Domino's Pizza Inc. reported lower fourth-quarter earnings on Friday as the pizza delivery chain's marketing and promotions failed to take off, but it managed to edge past analysts' expectations.

AP - Domino's Pizza Inc. said Friday fourth-quarter profit fell 23 percent from year-ago results that included a gain on the sale of an investment in a franchise operation in Mexico. More Info...  

Reuters - Outdoor advertising company Clear Channel Outdoor Holdings Inc. posted higher quarterly profit on Friday, helped by higher revenue. More Info...  

AP - Sempra Energy, the parent of Southern California's two major gas utilities and an energy trading business, on Thursday posted a 65 percent drop in fourth-quarter profits, hurt by investments in Argentina that soured when that country's economy collapsed five years ago. More Info...  

Earnings News

AP - Department store operator J.C. Penney Co. said Thursday its fourth-quarter profit fell 13 percent partly due to higher taxes, and it predicted a weaker first quarter than Wall Street expected.

AP - Department store operator J.C. Penney Co. said Thursday its fourth-quarter profit fell 13 percent partly due to higher taxes, and it predicted a weaker first quarter than Wall Street expected.

AP - Two of the world's largest gold miners reported robust fourth-quarter earnings Thursday due to higher selling prices but said production will slow in the year ahead because of rising operating costs.

AP - Luxury-home builder Toll Brothers Inc. said Thursday its first-quarter profit dropped 67 percent due to hefty writedowns and other costs, and Chief Executive Robert Toll said many markets were still soft.

Reuters - California utility PG&E Corp. posted lower fourth-quarter earnings on Thursday, hurt by severance costs from streamlining operations at its Pacific Gas & Electric utility. More Info...