Summary
A collection of news and information related to Earnings published by Tribune Company sources.
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481 items on Earnings
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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 its stake in Chrysler LLC, and blamed its reduced full-year earnings outlook on a slowing global economy and higher production costs. The company said...Tags: Chrysler LLC, Automotive Equipment, Daimler AG, Globalization, Sales
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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... -
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, Disasters, Transportation Industry, Financial and Business Services
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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: Anheuser-Busch Companies Incorporated, Beverage Industry, Petroleum Industry, PepsiCo Incorporated, Sales
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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: Stocks, Commodity Markets, PSA Peugeot Citroen, Petroleum Industry, Volkswagen AG
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Boeing's profit tumbles 19%
Chicago Tribune reporterBoeing Co. underwhelmed Wall Street analysts Wednesday by reporting second-quarter earnings that fell 19 percent. It was "the worst quarter we have seen from Boeing in some time," said JPMorgan analyst Joseph Nadol III, while Morningstar analyst Brian...Tags: Boeing Co., CNH Global NV, Exelon Corp., Farms, J.P. Morgan Chase & Co.
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Catastrophe losses plague Allstate
Chicago Tribune reporterHurt by a 61 percent increase in catastrophe losses, as well as investment declines, Allstate Corp.'s second-quarter net income fell 98 percent, missing Wall Street estimates. It was the highest level of second-quarter catastrophe losses in the...Tags: Stocks, Insurance, Allstate Corporation, Tom Wilson, Disasters
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WellPoint 2Q profit drops but beats forecast
AP Business WriterRising medical costs helped knock down the second-quarter profit for health insurer WellPoint Inc., but investors lifted the company's stock Wednesday after it beat Wall Street expectations in a tough market. The Blue Cross and Blue Shield health plan...Tags: The Goldman Sachs Group Incorporated, Insurance, Tom Carroll, Weather Reports, Earnings Forecasts
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Amazon sales brisk despite U.S. economy
From the Associated PressAmazon.com Inc. showed that it wasn't being hurt by economic weakness and high fuel prices, reporting Wednesday that its second-quarter profit more than doubled and surpassed analyst expectations. The Internet retailer also raised full-year revenue...Tags: Amazon.com Inc., E-Commerce Industry, Internet, Sales
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|Story| Los Angeles Times
