Summary
A collection of news and information related to Earnings published by Tribune Company sources.
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483 items on Earnings
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Stocks fall after sales of existing homes decline
From the Associated PressNEW YORK -- Stocks skidded lower today after a steeper-than-expected decline in existing home sales wiped away some of the market's optimism about upbeat earnings reports. The major indexes fell more than 1 percent, including the Dow Jones industrial...Tags: Metal and Mineral, Dow Chemical Company, Gold and Precious Material, Economy, Lilly Eli & Co
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Boeing shares off again
Tribune staff reporterBoeing Co. shares were down 6.7 percent in late-session trading on the New York Stock Exchange Thursday, as investors react for a second day to the disappointing second-quarter earnings the aerospace giant released Wednesday morning. The most prominent...Tags: Labor Legislation, New York Stock Exchange, The Goldman Sachs Group Incorporated, Boeing Co., The White House
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Daimler's 2Q profit slips to nearly $2.2 billion
AP Business WriterCar maker Daimler AG said Thursday its second-quarter profit slipped mainly on charges related to Daimler's interest in Chrysler LLC, and blamed its reduced full-year earnings outlook on a slowing global economy and higher production costs. The...Tags: Passenger Cars, Chrysler, Daimler AG, Vehicles, Luxury Vehicles
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Stock futures mixed ahead of housing data
Associated PressWall Street headed for a mixed open Thursday as investors eyed the release of key data on the troubled housing market and sifted through another stream of earnings reports. A fresh reading on sales of existing homes will likely show sales resumed their...Tags: UPS Inc., Stock Broking, Economy, Commodity Markets, Washington Mutual Inc.
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Sallie Mae net income falls 72%
Student lender SLM Corp., more commonly known as Sallie Mae, said yesterday that its second-quarter profit plunged 72 percent as funding costs remained high amid further weakening in the credit markets and the company took charges related to its...Tags: SLM Corporation
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Grace to raise prices up to 20%; net up 22%
W.R. Grace & Co., said yesterday that it would raise prices up to 20 percent on products in its Grace Davison chemical division. The Columbia company also reported financial results for the three months ending June 30. Its revenue was $900 million, up... -
Midwest Banc mulls dividend cut as profit drops
Tribune reporterMidwest Banc Holdings Inc. is reviewing its 13-cents-a-share quarterly dividend, saying that "everything is on the table" as the Melrose Park-based bank tries to keep up its strength in a tough economic environment. Midwest stock was up 9.5 percent in...Tags: Midwest Banc Holdings Incorporated, Melrose
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Travelers' Results Termed 'Strong' Despite 25% Drop In Profits
Courant Staff WriterNet profit at The Travelers Cos. slid 25 percent in the second quarter on higher weather claims and lower investment income and gains, but earnings beat Wall Street expectations. Net income for the three months that ended June 30 was $942 million, or $1....Tags: Zurich Financial Services AG, Transportation Industry, Financial and Business Services, Disasters
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Amazon's net soars on hefty overseas sales
From Chicago Tribune news servicesAmazon.com Inc., the world's largest Internet retailer, posted second-quarter profit Wednesday that exceeded analysts' estimates, after consumers overseas bought more toys and electronics. Full-year sales may exceed its previous forecast, Amazon.com...Tags: Beverage Industry, AT&T Corp., Pfizer Incorporated, Amazon.com Inc., Petroleum Industry
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Lessening economic worries lift stocks
Stocks advanced for the second session, as another decline in oil prices and several upbeat profit reports eased some of Wall Street's concerns about the economy. Investors expect that a sustained pullback in oil would give a crucial boost to the...Tags: Petroleum Industry, New York Mercantile Exchange, Stocks, PSA Peugeot Citroen, Volkswagen AG
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