Company Earnings - Page 27

Reuters - Car dealership group Lithia Motors Inc. posted a 47 percent decline in fourth- quarter earnings on Thursday, as higher expenses more than offset a gain in new vehicle sales. More Info...  

Reuters - Electronics testing equipment maker Agilent Technologies Inc. said on Thursday that its first quarter earnings fell from a year earlier, when the company reported a large gain from the sale of its semiconductor products business. More Info...  

Reuters - Car dealership group Lithia Motors Inc. posted a 47 percent decline in fourth- quarter earnings on Thursday, as higher expenses more than offset a gain in new vehicle sales. More Info...  

Reuters - Ingram Micro Inc. , the world's largest computer products distributor, posted a higher quarterly profit on Thursday, helped by a legal settlement and a lower tax rate.

Reuters - Molson Coors Brewing Co. (TAPb.TO) on Thursday reported that quarterly profit quadrupled, trouncing expectations, on higher pricing and volume growth, sending its shares up as much as 6.6 percent.

FT.com - Wall Street stocks edged cautiously higher by midday yesterday as a disappointing set of earnings from Baker Hughes (NYSE:BHI), the oil services group, was offset by take-over speculation in the brewers. More Info...  

AP - Molson Coors Brewing Co., one of the world's biggest beer companies, said Thursday its fourth-quarter profit soared on increased sales volume, a lower tax rate and cost savings. More Info...  

AP - Internet phone company Vonage Holdings Corp. narrowed its fourth-quarter loss to $65 million as revenue nearly doubled with the addition of nearly 1 million customers during 2006. More Info...  

AP - Biogen Idec Inc.'s fourth-quarter profit nearly doubled on growing sales of treatments for cancer and multiple sclerosis, and the biotechnology company on Thursday offered a positive outlook for a new MS drug pulled from the market two years ago after patient deaths. More Info...  

Reuters - Biogen Idec Inc. said on Thursday that fourth-quarter earnings rose on higher sales of its cancer and multiple sclerosis drugs.

BusinessWeek Online - Computer chipmakers are notorious for rubbing their hands together with glee as they entertain unrealistic growth expectations -- only to over-invest and fall flat on their faces. While some analysts have been worrying about what happens to the industry in the coming months, Applied Materials (NasdaqGS:AMAT - News), which supplies equipment to those chipmakers, nonetheless managed to post a sharply stronger profit during the three months ended Jan. 29. After the news investors bought Applied Materials stock on Feb. 14. More Info...  

AP - China's leading Internet search engine, Baidu.com Inc., reported a fivefold increase in fourth quarter net income as online marketing revenue more than doubled.

Reuters - Oilfield services company Baker Hughes Inc. said on Thursday that quarterly profit rose as higher sales and a benefit from an accounting change helped offset a one-time charge. More Info...  

Earnings News

Reuters - Chinese Web search leader Baidu Inc. said on Wednesday quarterly net profits quintupled, but stepped up investments and the impact of a late New Year's holiday season will cut sales growth early in 2007.

Reuters - Chinese Web search leader Baidu Inc. said on Wednesday quarterly net profits quintupled, but stepped up investments and the impact of a late New Year's holiday season will cut sales growth early in 2007.

AP - The amount of red ink at bankrupt Delta Air Lines Inc. swelled to more than $18 billion since the start of 2001 as the company reported Wednesday a bigger fourth-quarter loss than a year ago due in large part to restructuring items.

AP - NutriSystem Inc. said Wednesday that fourth-quarter earnings more than tripled as revenue doubled, with a men's diet plan helping to drive the bottom line. More Info...  

Reuters - Deere & Co. , the world's largest maker of agricultural equipment, reported higher-than-expected quarterly profit on Wednesday and raised its fiscal-year outlook, sending its shares up as much as nearly 11 percent to an all-time high.

Reuters - Clothing and accessories maker Guess Inc. reported a significant rise in quarterly earnings with both its wholesale and retail businesses showing good growth. More Info...  

AP - The Coca-Cola Co., the world's largest beverage maker, reported Wednesday a 22 percent drop in fourth-quarter profit despite a solid gain in sales.