Company Earnings - Page 2

AFP - BMW said Tuesday that the global financial crisis had hurt its first quarter results but the German luxury car group maintained its forecast for record sales this year.

AP - Royal Dutch Shell PLC reported a 25 percent rise in first-quarter earnings on Tuesday, crediting strong increases in oil prices. More Info...  

AP - BP PLC, Europe's second biggest oil producer, reported a 63 percent surge in first quarter net profit on Monday after crude oil prices soared to an all-time high and natural gas prices also rose. More Info...  

Reuters - CBS Corp reported a greater-than-expected rise in earnings on Tuesday, helped by healthier results from its television business, and boosted its dividend by 8 percent.

Earnings News Investor's Business Daily - Apac Customer Service's industry may be dull, but back in the mid-1990s its stock performance was anything but boring -- particularly for investors who knew when to get on board and when to head for the exit. More Info...  

AP - Goodyear Tire & Rubber Co. on Friday announced more cost cutting measures, including plant closures, that helped boost its shares to their highest in a year.

AP - Stocks finished a strong week mostly flat Friday as investors tried to reconcile a weaker-than-expected estimate of first-quarter economic growth with fresh evidence that corporate profits remain robust. A modest advance in the Dow Jones industrials sent the blue chips to their third record close in as many days.

AP - Shares of Microsoft Corp. soared nearly 4 percent Friday, after the company posted a 65 percent jump in third-quarter profit, boosted by sales of its new Windows Vista operating system and Office 2007, and by upgrade coupons issued over the holidays.

AP - Burger King Holdings Inc. said Friday it swung to a profit in the third-quarter, fueled by sales of new sandwiches at the second-largest hamburger chain.

AP - Coming off three straight years of record profits, Chevron Corp. on Friday reported its earnings surged yet again to start 2007 as the oil company cashed out of a Netherlands venture and cashed in on lucrative refining margins that have contributed to high gasoline prices.

AP - Waste Management Inc., the nation's largest garbage hauler, said Friday its first-quarter profit rose 19 percent, helped by revenue growth at its commercial collection and landfill businesses and improved cost controls. Its share price rose sharply.

Reuters - Chevron Corp. , the No. 2 U.S. oil company, posted better-than-expected quarterly earnings on Friday on higher margins for gasoline and other refined products.

Reuters - Goodyear Tire & Rubber Co. posted a quarterly net loss on Friday pressured by several one-time charges and announced plans to step up its cost-cutting, sending shares to their highest level in more than seven years.

AP - Mazda Motor Corp., Japan's fourth biggest automaker, posted a 24 percent jump in profit for its fourth fiscal quarter and record annual earnings for the third straight year amid strong U.S. demand for a new sport utility vehicle and other models. More Info...  

Reuters - Insurer Coventry Health Care Inc. on Friday posted an increase in quarterly profit, helped by a 15 percent rise in revenue. More Info...  

USATODAY.com - LOS ANGELES - Today, the iPod; tomorrow, the iPhone. Investors Thursday cheered Apple's record second-quarter results, which showed major sales growth for its iPod digital music device and Mac computers. But Apple's best days are ahead, tech analysts say. Apple is putting most of its energies into the June release of the iPhone, a combination iPod/Internet browser and cellphone that will sell for $499 and $599. Apple CEO Steve Jobs has projected sales of 10 million iPhones in its first year. More Info...  

AP - Oil giant Exxon Mobil Corp. kicked off 2007 with a 10 percent rise in profits, its best-ever first quarter, as higher margins on refining and chemical operations offset lower prices for crude oil and natural gas.

AP - German chipmaker Infineon Technologies AG posted an unexpected net loss for the second quarter, dashing analyst forecasts for a profit, as lower sales and restructuring costs chipped away at its bottom line. More Info...  

AP - Profit at Toshiba Corp. tumbled 37 percent in the January to March quarter despite surging sales, as falling prices for flash memory chips undercut earnings, the Japanese electronics company said Thursday. More Info...  

AP - Baidu.com Inc., China's most popular Internet search engine, said Friday its first-quarter profits jumped 143 percent on strong traffic growth and higher advertising revenues. More Info...