Highlights
A collection of news and information related to Earnings Forecasts published by Tribune Company sources.
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Repurchase plan up to $1.5 billion OKd at Exelon
Commonwealth Edison parent Exelon Corp., citing its solid balance sheet, said directors approved the repurchase of up to $1.5 billion of the Chicago-based utility holding company's common stock. Exelon said it expects the buyback to be completed...Tags: Exelon Corp., Earnings
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Sales Up 30%, Profits Fall At United Natural Foods
Courant Staff WriterSales growth of nearly 30 percent failed to boost fourth-quarter profits at United Natural Foods, the Killingly-based natural and organic food wholesaler that is Whole Foods Market's main supplier. Net income for the quarter that ended Aug. 2 was $12.8...Tags: Startups, Arable Farming, United Natural Foods Incorporated, Pennsylvania, Whole Foods Market
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Dining at a discount
Associated PressFall's cool winds could make eating out cheap a breeze - depending, that is, on what you order. After a second quarter of too many empty tables and falling profits, restaurant companies are planning to woo diners back with lower-priced dishes as the...Tags: Wages and Pensions, Restaurant and Catering Industry, Red Lobster, Sales, Olive Garden Italian Restaurant
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Aetna Reaffirms Earnings Forecast
Aetna Inc., the third-largest U.S. health insurer, reaffirmed its 2008 adjusted earnings forecast Monday and projected full-year capital losses. The Hartford-based company stuck with earlier operating earnings predictions of $1.12 a share for the third...Tags: Aetna Incorporated
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Dell's Profits Fall 17 Percent
Computer maker Dell Inc. said Thursday its fiscal second-quarter profit fell 17 percent, hurt in part by PC price cuts. Both earnings and margins fell short of Wall Street estimates, and Dell shares plunged. For the three-month period that ended Aug. 1,... -
Company News - August 26, 2008
PPL TRIMS 2008 FORECAST FOR PROFIT BY $30 MILLION PPL Corp. cut its profit forecast because of a shutdown for repairs at its Montour County coal-fueled power plant near Danville. This year's net income will be reduced by about $30 million on lower sales...Tags: August, Allentown, Danville (Danville, Virginia), Montour County, Earnings
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Hain 4th-quarter sales up, but profits down
james.bernstein@newsday.comHain Celestial Group Inc. of Melville, the nation's largest manufacturer of natural foods, remained healthy in its fiscal fourth quarter, which ended June 30, saying sales rose 25 percent, but profits declined, primarily because of previously announced...Tags: Arable Farming, Melville, Lazard Limited, Money and Monetary Policy, Long Island
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Darden lowers earnings outlook; stock falls on news
Sentinel Staff WriterOrlando-based Darden Restaurants, owner of Olive Garden and Red Lobster, said today it expects quarterly earnings to come in well below analysts' expectations and also lowered its full-year forecast, citing a challenging consumer climate. The news sent...Tags: Clarence Otis, Red Lobster, Restaurant and Catering Industry, Sales, Olive Garden Italian Restaurant
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Higher-end retailers fare a bit better
Dow Jones NewswiresEarnings outlooks from some high-profile U.S. retailers on Thursday show the companies with good brands and the wealthiest customers are still most insulated from the turbulence of housing and macroeconomic conditions. But that protection for sales and...Tags: Sales, New York, Tiffany & Company, Williams-Sonoma Incorporated, Real Estate Sales
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Darden shares tumble 12.4% on lower earnings forecast
Sentinel Staff WriterShares of Darden Restaurants, owner of Red Lobster and Olive Garden, plunged 12.4 percent Tuesday after the Orlando-based company lowered its earnings forecast, blaming slowing sales on a weak economy. The company's shares slid $4.01 to close at $28.25...Tags: Clarence Otis, Red Lobster, Restaurant and Catering Industry, Ruby Tuesday Incorporated, Morningstar Incorporated
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Toyota's Terrible Horrible Awful Quarter
BusinessWeek.comLooking ahead to tomorrow's quarterly earnings report from Toyota, the estimate is that the automaker's operating earnings will PLUNGE 40%. But that would be a PLUNGE to about $3.6 billion, largely on declines on its U.S. business. And analysts still have... -
Nordstrom's 2Q Profits Decline 21 Percent
The Associated PressNordstrom says its second-quarter profit dropped 21 percent as its affluent consumers pull back on fashions in a tough economy. The upscale department store chain also cut its full-year profit forecast. The Seattle-based chain said that earnings for the...
Sep 5, 2008
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Aug 29, 2008
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Aug 27, 2008
|Story| Newsday
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|Story| Orlando Sentinel
Aug 29, 2008
|Story| Chicago Tribune
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|Story| Orlando Sentinel
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|Blog| BusinessWeek.com
Aug 14, 2008
|Story| Associated Press