Earnings and Loss Announcements
Campbell Soup raises dividend 10 pct to 27.5 cents
Nov 18, 2009 16:55 EST
Campbell Soup board raises quarterly dividend by 10 percent to 27.5 cents for 2Q. Campbell Soup Co. said Wednesday its board has approved a 10 percent increase in its quarterly dividend to 27.5 cents per share, effective for the second quarter of fiscal 2010.
Westamerica Bancorp repays TARP fund
Nov 18, 2009 16:49 EST
Westamerica Bancorporation buys back shares sold to Treasury under TARP. Westamerica Bancorporation said Wednesday it has bought back nearly 42,000 shares from the Treasury Department, completing its repayment of funds it received through the government's rescue program for banks.
Petsmart 3Q profit rises 6 percent on higher sales
Nov 18, 2009 16:42 EST
Pet supplies retailer Petsmart 3rd-qtr profit up 6 percent as consumers keep spending on pets. Petsmart Inc. said Wednesday its profit rose 6 percent in the third quarter as consumers continued to spend money on their pets even amid high unemployment and economic uncertainty.
Earnings Preview: Sears Holdings Corp.
Nov 18, 2009 15:27 EST
Sears Holdings Corp. to release 3rd-qtr results Thursday; loss predicted. Sears Holdings Corp. reports its results for the third quarter on Thursday. The following is a summary of key developments and analyst opinion related to the period.
BJ's Wholesale 3Q profit falls on charge
Nov 18, 2009 13:52 EST
BJ's Wholesale Club 3rd-quarter profit drops on charge, sales rise. A legal settlement over worker pay pushed BJ's Wholesale Club Inc.'s third-quarter profit down 37 percent although sales grew for the retailer.
Concur Technologies shares fall on weak guidance
Nov 18, 2009 13:48 EST
Concur Technologies shares fall after 4th-quarter report, 2010 outlook, analyst trims target. Shares of Concur Technologies Inc. sank Wednesday as some analysts expressed disappointed reactions to the expense management software maker's fiscal fourth-quarter report and 2010 outlook.
Major business events scheduled for Thursday
Nov 18, 2009 13:24 EST
Calendar of major business events scheduled for Thursday. Major business events and economic events scheduled for Thursday:
BJ's Wholesale profit off 37 percent, hurt by charge
Nov 18, 2009 11:31 EST
SAN FRANCISCO (Reuters) - BJ's Wholesale Club Inc <BJ.N> reported a 37 percent drop in quarterly profit on Wednesday, hurt by a charge for a proposed legal settlement regarding worker pay.
Brown Shoe expects 3Q profit to beat views
Nov 18, 2009 11:00 EST
Brown Shoe expects 3rd-quarter profit to top analysts' estimates; makes personnel changes. Brown Shoe Co. said it expects its third-quarter profit to top analysts' estimates on an improvement in a key sales figure.
Solarfun Power turns profit in 3Q, shares rise
Nov 18, 2009 10:47 EST
Solarfun Power turns 3rd-quarter profit on cheaper costs, record quarterly shipments. Chinese solar cell maker Solarfun Power Holdings Co. Ltd. on Wednesday said it turned a third-quarter profit, driven by significantly cheaper cost of goods sold and record quarterly shipments.
Salesforce.com shares fall as company ramps hiring
Nov 18, 2009 09:53 EST
Salesforce.com shares fall despite higher 3Q profit as company ramps up hiring. Shares of Salesforce.com Inc. slid Wednesday morning as the company signaled it intends to keep hiring, which will likely push up costs.
Ahead of the Bell: Autodesk falls after forecast
Nov 18, 2009 08:48 EST
Autodesk shares fall as guidance for current quarter falls short; outlook signals higher costs. Autodesk shares slid Wednesday after the design and engineering software maker's guidance implied higher costs, analysts said, and lower profit than Wall Street had expected.
MUFG results upbeat, scales back Morgan plan
Nov 18, 2009 08:29 EST
TOKYO (Reuters) - Mitsubishi UFJ Financial Group <8306.T> became the third major Japanese bank to post upbeat results, underscoring the improving outlook for the sector, and said it would raise $11 billion to meet stricter capital rules.
Concur posts higher 4Q profit, revenue
Nov 17, 2009 19:52 EST
Concur Technologies 4th-quarter profit, sales head higher. Concur Technologies Inc., which makes corporate expense-management software, said Tuesday its fiscal fourth-quarter profit rose as revenue got a boost from a 13 percent increase in subscription revenue.
MUFG says first-half net profit up 53.2pct
Nov 17, 2009 19:00 EST
Japan's biggest bank Mitsubishi UFJ Financial Group (MUFG) said Wednesday its first-half net profit soared 53.2 percent from a year earlier to 140.95 billion yen (1.6 billion dollars).
Plumbing giant Wolseley reports sales drop
Nov 17, 2009 19:00 EST
Wolseley, the world's biggest distributor of plumbing and heating products, said on Wednesday that sales fell 13 percent in its first quarter amid "extremely tough" trading conditions.
Ahold sees 22 percent profit rise in Q3
Nov 17, 2009 19:00 EST
Dutch retail giant Ahold reported a 22.1 percent rise in third quarter net profit to 238 million euros (about 350 million dollars) on Wednesday and announced plans to cut costs by 350 million euros.
Toyota sales show first rise in 15 months: report
Nov 17, 2009 19:00 EST
Toyota's global sales increased five percent in October from a year earlier to about 640,000 vehicles, the first such rise in 15 months, Kyodo News reported Wednesday citing unnamed company sources.
Autodesk posts lower 3Q profit, sales, shares fall
Nov 17, 2009 18:32 EST
Autodesk's 3rd-quarter profit and revenue decline, shares fall after-hours on weak 4Q outlook. Design and engineering software maker Autodesk Inc. said Tuesday its business looks "increasingly stable" despite posting a sharp drop in third-quarter profit.
Salesforce.com 3Q profit more than doubles
Nov 17, 2009 18:26 EST
Salesforce.com says 3rd-qtr profit more than doubles on higher sales but shares drop. Salesforce.com said Tuesday its profit more than doubled in the third quarter as sales rose by 20 percent.
