Company Earnings - Page 25

AP - Discount apparel store operator TJX Cos. on Wednesday said fiscal fourth-quarter net income fell 29 percent, weighed by a charge from closing 34 A.J. Wright Stores. More Info...  

Reuters - JetBlue Airways Corp. said on Wednesday the huge number of flight cancellations it suffered last week would result in a wider-than-expected loss for the first quarter and would cut full-year profit.

AP - Stun gun maker Taser International Inc. said Wednesday its fourth-quarter profit surged on strong sales. More Info...  

USATODAY.com - SAN FRANCISCO - Hewlett-Packard said Tuesday quarterly profit rose 26%, helped by strong performances in its printer and personal computing businesses. More Info...  

AP - The business idea hasn't changed. Medical device maker Medtronic Inc. says millions of people need implantable defibrillators, and it's a market that should grow at 10 percent a year or more, eventually. More Info...  

AP - Hewlett-Packard Co. continued to steal a major slice of the personal computer market from struggling rival Dell Inc. in the first quarter — and analysts said HP still has room to grow.

Earnings News

AP - Hewlett-Packard Co.'s first-quarter profit jumped 26 percent as the company benefited from higher sales of laptop computers, printers and printing supplies during a robust holiday spending season.

Reuters - Medtronic Inc. reported higher quarterly profit on Tuesday as demand for its spine, vascular and neurology products offset weak sales of its implantable devices to control dangerously fast heartbeats.

AP - Alltel Corp. reported Tuesday that profits from its wireless business rose as it built sales and added customers in its fourth quarter, but overall earnings slid 12 percent, showing the effect of Alltel's spinoff of its traditional phone business.

AP - Wal-Mart Stores Inc. reported on Tuesday a better-than-expected 9.8 percent increase in fourth-quarter profits, helped by new strategy and cost-control measures at its flagship U.S. stores division.

AP - As The Home Depot Inc. reported a 28 percent drop in fourth-quarter profit on Tuesday, its chief executive told analysts something they've heard before: The company plans to focus more on its retail stores and improve customer service.

Reuters - Home Depot Inc. , the world's largest home improvement retailer, posted a 28 percent drop in fourth-quarter profit on Tuesday as the weak U.S. housing market depressed sales.

AFP - Global retailer Wal-Mart Stores Inc. recorded flat growth in its annual earnings, with overseas acquisitions offsetting a sluggish US performance, but said the future looked brighter.

Reuters - Hewlett-Packard Co. said on Tuesday quarterly profit rose 26 percent, helped by strong performances in its printer and personal computing businesses.

Reuters - Wal-Mart Stores Inc. posted a better-than-expected 9.8 percent rise in fourth-quarter profit on Tuesday, helped by cost controls and international sales.

AFP - Volkswagen, Europe's biggest car maker, has expressed optimism about prospects in its current business year after earnings rose sharply last year on cost-cutting and capital gains.

Reuters - Boyd Gaming Corp. said on Tuesday its fourth-quarter profit more than doubled as it collected on hurricane damage insurance and results at its Las Vegas casinos stabilized, and its shares rose more than 6 percent. More Info...  

AP - Japanese tire maker Bridgestone Corp. said Tuesday that full-year profit dropped by more than half last year due to higher prices for rubber, crude oil and other raw materials.

Reuters - Volkswagen AG , the world's fourth-largest carmaker, reported a better-than-expected full-year operating profit on Tuesday and forecast a further improvement this year, sending its shares sharply higher. More Info...  

AFP - Europe's main stock markets were falling, as some leading companies posted annual earnings to a poor reception from investors.