30 2008

Starbucks profit hurt by declining U.S. business

Tag: Markets, General @ 5:58 pm

Starbucks reports its quarterly net income fell 28% from a year ago, hurt by decreased traffic at its U.S. stores.


30 2008

Sunoco post a loss as crude prices cut deep into margins

Tag: Markets, General @ 5:58 pm

SAN FRANCISCO (MarketWatch) - Sunoco Inc., the big independent East Coast oil refiner, posted a first-quarter loss Wednesday, hit hard by record-high crude prices and weaker demand for gasoline, its core product.


30 2008

Jones Apparel posts 59% profit plunge, lowers outlook

Tag: Markets, General @ 5:58 pm

Jones Apparel Group Inc., contending with lower sales to its department-store customers and declining mall traffic, reports a 59% profit fall and lowers its 2008 outlook.


30 2008

Centex reports $910.5 million quarterly loss on housing woes

Tag: Markets, General @ 5:58 pm

BOSTON (MarketWatch) — Centex Corp. after Wednesday’s closing bell reported a deep fiscal fourth-quarter loss as more data this week painted a bleaker outlook for the residential housing market.


30 2008

Cummins Engine shares rally on 33% profit growth

Tag: Markets, General @ 2:48 pm

Cummins Engine Co. posts a 33% jump in first-quarter profit Wednesday on double-digit sales growth for all four of its main businesses, with international demand accounting for the lion’s share of sales.


30 2008

Dean Foods profit drops, sees organic milk in shorter supply

Tag: Markets, General @ 2:48 pm

SAN FRANCISCO (MarketWatch) - Dean Foods Co. said Wednesday first-quarter net income fell 51%, marred by rising raw-milk costs and a higher interest expense. The profit decline was less than analyst forecasts and its shares climbed almost 5%.


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