Summary
A collection of news and information related to Earnings Forecasts published by Tribune Company sources.
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265 items on Earnings Forecasts
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Profit Falls 10% At Parent Of Anthem Blue Cross And Blue Shield
Rising medical costs helped knock down the second-quarter profit for health insurer WellPoint Inc., but investors lifted the company's stock on Wednesday after it beat Wall Street expectations in a tough market. The Blue Cross and Blue Shield health plan...Tags: Falls Church (Falls Church, Virginia), Productivity, Boeing Co., Healthcare Provider, Connecticut
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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: Farms, J.P. Morgan Chase & Co., Exelon Corp., Boeing Co., Burr Ridge
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McDonald's swings to profit, may alter dollar menu
AP Business WriterConsumers helped bring McDonald's Corp. back to profitability in the second quarter by spending on breakfast biscuits, chicken sandwiches and drinks despite the tough economy in the U.S. But the nation's No. 1 hamburger chain also warned Wednesday...Tags: Consumers, Consumer Confidence, Oak Brook, Real Estate Sales, Beverage Industry
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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: Tom Carroll, Insurance, The Goldman Sachs Group Incorporated, Connecticut, Earnings
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Costco To Miss Wall Street Expectations
The Associated PressCostco Wholesale Corp. said Wednesday fiscal fourth-quarter and full-year profit will miss Wall Street expectations, as the warehouse club operator expects higher energy costs to crimp its bottom line. The company also said it would expand its stock...Tags: Buyback, Costco Wholesale Corporation, Petroleum Industry, Prices
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Wachovia posts $8.9B loss, to cut 6,350 jobs
Sentinel Staff WriterHope-hungry investors propelled the stock market Tuesday, as the Dow Jones industrial average rose more than 135 points, oil prices slid once again and Wachovia Corp.'s stock price rose 27 percent despite a historic quarterly loss of nearly $9 billion....Tags: Banking, Quarterly or Semiannual Financial Statements, J.P. Morgan Chase & Co., Stock Activities, Wachovia Corp.
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Orlando units give a boost to Lockheed earnings
Sentinel Staff WriterLockheed Martin Corp. booked a double-digit increase in second-quarter profit, boosted in part by its missiles and simulation training operations in Orlando, company officials said Tuesday. The nation's largest defense contractor -- and the largest in...Tags: Florida, Weaponry, Armed Forces, Orlando, Defense
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Yahoo earnings top dim forecast
The Associated PressYahoo Inc.'s profit slipped again in the second quarter, a recurring theme that has frustrated shareholders and raised doubts about the Internet company's future. While the results released Tuesday missed analyst expectations, the performance wasn't as...Tags: Mergers, Acquisitions and Takeovers, Yahoo! Inc., Internet, Earnings, Wrestling
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Further oil slide propels gain for stocks
Wall Street shook off early doldrums and closed higher after another drop in oil prices encouraged investors to set aside financial sector worries and go bargain hunting. Stocks initially fell on uneasiness about the continuing impact of the housing...Tags: Lost, LM Ericsson Telephone Company, Honda Motor Co., Philadelphia (Philadelphia, Pennsylvania), Wachovia Corp.
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Caterpillar transforms overseas
Chicago Tribune reportersCaterpillar Inc. reported second-quarter earnings that significantly topped Wall Street forecasts Tuesday, as surging sales in developing parts of the globe worked to offset softening economic conditions in the U.S. The Peoria-based heavy-equipment...Tags: Energy KD, Financial Markets, Quarterly or Semiannual Financial Statements, Corn Products International Incorporated, Energy
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