Company Earnings - Page 26

FT.com - London equities were broadly flat on Tuesday on a busy day for corporate news. More Info...  

AP - Australian brewer and winemaker Foster's Group Ltd. posted a 90 percent rise in half-year net profits on Tuesday, but shares plunged when it missed analyst forecasts after a strategy to combine its beer and wine sales teams flopped. More Info...  

AP - Wall Street might have a tough time matching last week's outstanding performance in the coming days, but inflation figures could be the impetus for extending the advance.

AP - Germany's Lufthansa said Monday that its earnings grew strongly in 2006 as passenger numbers increased. More Info...  

AP - Oil and aluminum group Norsk Hydro ASA said Monday fourth-quarter profit fell 68 percent as the company reported earnings a day earlier than scheduled after financial information was leaked. More Info...  

Reuters - Puma's fourth-quarter earnings fell sharply despite a jump in sales, after costs at the German sports goods firm surged as it spent more to improve marketing and introduce new shoes and clothes.

Earnings News

Reuters - With the pace of corporate earnings reports slowing, Wall Street will have its eye on consumer prices and other economic indicators in this holiday-shortened week.

Earnings News

AP - Goodyear Tire & Rubber Co.'s leader is trying to put the costly effect of a nearly three-month strike behind the tiremaker and concentrate on revving up sales after Goodyear reported Friday that it lost $358 million in the fourth quarter.

AP - Goodyear Tire & Rubber Co.'s leader is trying to put the costly effect of a nearly three-month strike behind the tiremaker and concentrate on revving up sales after Goodyear reported Friday that it lost $358 million in the fourth quarter.

AP - Share prices in Campbell Soup Co. rose sharply Friday after the company announced that second-quarter profits were up a higher-than-expected 12 percent and that lower-sodium soups were selling well.

Reuters - Campbell Soup Co. posted better-than-expected quarterly profit on Friday and raised its full year outlook, sending its shares to a seven-year high, even as U.S. soup sales fell.

Reuters - Fidelity Investments, the world's biggest mutual fund company, posted on Friday an 11.3 percent drop in net income, its first profit decline in four years, as it spent more to compete with rivals. More Info...  

AP - J.M. Smucker Co., the largest U.S. producer of jams and jellies, said Friday its profit rose 29 percent in its third quarter, due to higher sales and market share gains for key brands like Smucker's, Jif and Crisco. More Info...  

Reuters - Hormel Foods Corp. reported higher quarterly profit on Friday as price increases and sales of refrigerated items liked sliced pepperoni helped offset higher grain costs, but the results just missed the analysts' average estimate. More Info...  

AP - Hormel Foods Corp., the maker of Spam canned meat and Jennie-O Turkey, said on Friday that first-quarter profit rose 8.7 percent despite a sharp run-up in grain prices that hurt turkey profits. More Info...  

AP - Struggling auto parts maker Visteon Corp. said Friday it lost $39 million in the fourth quarter but its loss for the full year narrowed to $163 million from a year earlier. More Info...  

Reuters - Nevada utility holding company Sierra Pacific Resources Corp. on Friday reported higher quarterly earnings, helped by continued growth in its customer base.

Reuters - Utility operator and real estate company Allete Inc. on Friday posted higher 2006 full-year earnings compared with the previous year, when charges from a power purchase agreement weighed. More Info...  

Reuters - Auto parts maker Visteon Corp. posted a quarterly net loss on Friday, hurt by vehicle production cuts in North America by former parent and largest customer Ford Motor Co. . More Info...  

Earnings News 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...