Earnings
Lowe’s 3Q net rises 19 pct on cost-cutting
(AP)
AP - Lowe's Cos.' third-quarter profit rose 19 percent as the home-improvement retailer kept a rein on costs while shoppers remained guarded in their spending. Read the rest of this entry »
Wendy’s/Arby’s loses money in 3Q; sales slump
(AP)
AP - The operator of Wendy's and Arby's restaurants lost money in its third quarter, pressured by higher ingredient costs and weak performances at both restaurant chains. Read the rest of this entry »
Summary Box: D.R. Horton fiscal 4th-qtr results
(AP)
AP - SMALLER LOSS: D.R. Horton Inc. trimmed its loss in its fiscal fourth quarter as the homebuilder took fewer writedowns on the value of its properties. Read the rest of this entry »
Summary Box: Japanese banks lift forecasts
(AP)
AP - WHAT HAPPENED: Two of Japan's megabanks reported recoveries in their earnings and raised full year forecasts. Read the rest of this entry »
Earnings schedule for week of 11/15/10
(AP)
AP - Major companies tentatively scheduled to report quarterly earnings next week: Read the rest of this entry »
D.R. Horton loss narrows in fiscal Q4
(AP)
AP - Homebuilder D.R. Horton Inc. on Friday projected weaker sales in fiscal 2011 and said it doesn't anticipate a significant bump in sales next spring, traditionally the peak season for home sales. Read the rest of this entry »
J.C. Penney’s 3Q profit rises on exclusives
(AP)
AP - J.C. Penney reported Friday that its earnings rose 63 percent in the third quarter, as the department store chain says it saw strong reception to new exclusive brands such as Liz Claiborne and MNG by Mango. Read the rest of this entry »
Wendy’s/Arby’s warns on 2010 view, sales soft
(Reuters)
Reuters - Wendy's/Arby's Group Inc , the No. 3 U.S. fast-food chain, said 2010 profit would be at the lower end of its previous forecast after weak sales and higher commodity costs hurt quarterly earnings, and shares fell 4 percent. Read the rest of this entry »
Summary Box: Wendy’s/Arby’s loses money in 3Q
(AP)
AP - THE QUARTER: The operator of Wendy's and Arby's lost money in its third quarter, pressured by higher commodity costs and weak performances at both restaurant chains. Read the rest of this entry »
Japanese banking profits recover, forecasts raised
(AP)
AP - Two of Japan's megabanks reported recoveries in their earnings Friday and raised full year forecasts. Read the rest of this entry »