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news.yahoo.com
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1 hour, 47 minutes ago (Reuters) - Citigroup Inc (C.N) may write down $8.7 billion and Merrill Lynch & Co Inc (MER.N) $4.5 billion in the second quarter, according to analysts at UBS, who also forecast a second-quarter and full-year loss for both compan..
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biz.yahoo.com
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ATLANTA--(BUSINESS WIRE)--Acuity Brands, Inc. (NYSE: AYI - News) today announced record results for the third quarter of fiscal 2008, including a 29 percent increase in diluted earnings per share (EPS) from continuing operations of $1.01 compared with $0...
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biz.yahoo.com
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GERMANTOWN, Tenn.--(BUSINESS WIRE)--W2007 Grace Acquisition I, Inc. today announced that it will not declare a second quarter 2008 dividend with respect to the 8.75% Series B Cumulative Preferred Stock and 9.00% Series C Cumulative Preferred Stock in conn..
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biz.yahoo.com
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NEW YORK (AP) -- Wall Street appeared headed for a sluggish start to the third quarter Tuesday, hurt by ongoing concerns about the damage rising oil prices will do to the economy.
Crude oil held above $142 a barrel in premarket trading after briefly soar..
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money.cnn.com
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Quick Vote
In the next year, I believe the economy:
Is going to get worse
Is going to get better
Will be more of the same
or View results
GM touches near 54-year low
Bear Market Guide: Relax, make money
Consumer confidence nears all-time low
St..
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biz.yahoo.com
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FAIRFAX, Va.--(BUSINESS WIRE)--ManTech International Corporation (Nasdaq:MANT - News): WHAT: ManTech International Corporation (Nasdaq:MANT - News), a leading provider of innovative technologies and solutions for mission-critical national security prog..
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money.cnn.com
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Palm reports a loss of 22 cents per share in the fiscal fourth quarter.SUNNYVALE, Calif. (AP) -- Treo smartphone maker Palm says it swung to a fiscal fourth-quarter loss as revenue declined sharply, falling below Wall Street's expectations.
For the thre..
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biz.yahoo.com
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RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS - News) today reported net income for the second quarter of 2008 of $234 million, or $.48 per share, as compared to $209 million, or $.44 per share, in the second quarter of 2007. R..
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news.yahoo.com
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1 hour, 57 minutes ago NEW YORK (Reuters) - The U.S. corporate profit outlook is deteriorating rapidly, with S&P 500 earnings for the second quarter now seen falling at a double-digit pace from a year earlier, according to Thomson Reuters Proprietary Re..
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biz.yahoo.com
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WASHINGTON (AP) -- Eye care products supplier Alcon Laboratories Inc. spent $240,000 in the first quarter to lobby the federal government on prescription drug importation, according to a disclosure report.
Alcon also lobbied the federal government on Med..
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biz.yahoo.com
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NEW YORK (AP) -- Office equipment maker Xerox Corp. spent $270,000 in the first quarter to lobby on energy efficiency specifications, global warming policy and other issues, according to a disclosure report.
The Norwalk, Conn.-based company also lobbied..
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news.yahoo.com
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1 hour, 40 minutes ago NEW YORK (Reuters) - Citigroup Inc (C.N) could take substantial write-downs for subprime mortgages, leveraged buyout loans and other assets in the second quarter, the company's chief financial officer said on a call with investors..
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biz.yahoo.com
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RICHMOND, Va. (AP) -- Circuit City Stores Inc. said Thursday its loss widened in the first quarter because of a more than 11 percent drop in sales at established stores.
The nation's second largest electronics retailer also said it expects a bigger loss..
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biz.yahoo.com
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LONDON (AP) -- J Sainsbury PLC, Britain's third largest supermarket chain, reported slowing growth in the first quarter Wednesday and said it expects the trading environment to remain challenging.
As the downbeat trading update pushed Sainsbury's shares..
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biz.yahoo.com
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RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX - News) today reported results for the first quarter ended May 31, 2008. -- Total sales increased 3% to $2.21 billion from $2.15 billion in the first quarter of last year. This increase was led by..
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biz.yahoo.com
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OMAHA, Neb.--(BUSINESS WIRE)--Lindsay Corporation (NYSE: LNN - News), a leading provider of irrigation systems and infrastructure products, today announced results for its fiscal 2008 third quarter ended May 31, 2008.
Third Quarter Results
Third quarter..
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news.yahoo.com
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9 minutes ago NEW YORK (Reuters) - Northwest Airlines Corp (NWA.N) announced further capacity cuts on Tuesday for the fourth quarter of 2008 in response to the high cost of fuel.
Northwest, which has agreed to be acquired by Delta Air Lines Inc (DAL.N)..
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biz.yahoo.com
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CHICAGO (Reuters) - A boost to consumer spending from federal tax rebate checks will help the U.S. economy stay in positive territory over the next few months, said an economist at the Federal Reserve Bank of San Francisco.
"We now anticipate stronger g..
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money.cnn.com
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Goldman Sachs Chairman and CEO Lloyd Blankfein said he was "particularly pleased" about this quarter's results, given the turmoil in the market.Lehman c-level shake upMore VideosNEW YORK (CNNMoney.com) -- Goldman Sachs reported a $2.1 billion quarterly p..
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money.cnn.com
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SAN FRANCISCO (AP) -- Adobe Systems Inc. reported Monday that its profit rose 41% in the second quarter because of its strong product mix and geographic diversification.
For the three months ended May 30, the maker of Photoshop design software and the Ac..
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