Yahoo! News: Earnings News

Earnings News

• Take-Two posts profit, raises outlook (Reuters)

  Reuters - Video game maker Take-Two Interactive Inc on Thursday smashed Wall Street expectations for its fiscal third quarter and raised its forecast for the current fourth quarter, citing strong sales for its "Red Dead Redemption" title.

• ArcSight posts higher fiscal 1Q profit (AP)

  AP - ArcSight Inc. said Thursday its fiscal first-quarter profit tripled as the cybersecurity software and services company's sales jumped 39 percent.

• H&R Block 1Q loss narrows despite revenue decline (AP)

  AP - H&R Block Inc. on Thursday said its fiscal first-quarter loss narrowed by 2 percent as it reduced staffing and other expenses.

• Take-Two posts 3Q profit, revenue soars (AP)

  AP - Video game publisher Take-Two Interactive Software Inc. posted better-than-expected results for its fiscal third quarter Thursday, reversing a loss as revenue more than tripled thanks to largely to strong sales of "Red Dead Redemption."

• Summary Box: Pernod Ricard earnings (AP)

  AP - COMPANY: Pernod Ricard SA, Paris-based drink maker known for its anise-flavored aperitifs as well as Beefeater gin and recently acquired Absolut vodka reported its full-year earnings Thursday.

• Del Monte 1Q profit edges up, but revenue slips (AP)

  AP - Del Monte Foods Co. said Thursday that its fiscal first-quarter profit edged up 1.4 percent, but revenue softened on weakness in the consumer business and the company trimmed its expectations for revenue growth this year.

• TD Bank profit rises 29 percent (AP)

  AP - Toronto-Dominion Bank, North America's sixth largest bank by branches, increased profit by 29 percent in the third quarter on a record quarter by its Canadian retail banking operations.

• Chinese demand helps lift Pernod Ricard profits (AP)

  AP - Pernod Ricard SA said Thursday that demand for Martell cognac in China and Chivas Regal scotch in Latin America helped lift full-year net profit by 1 percent.

• Gazprom's Q1 profits triple to $10.6 bln (AP)

  AP - Russia's gas giant Gazprom said Thursday its net profit tripled to 324.9 billion rubles ($10.6 billion) in the first quarter of the year as the company capitalized on a cold winter in Europe.

• Earnings Preview: Campbell Soup Co. (AP)

  AP - Campbell Soup Co., the world's largest soup maker, reports its fourth-quarter and year-end results before the market opens Friday.

• Summary Box: Hovnanian Enterprises 3rd-qtr results (AP)

  AP - SMALLER LOSS: Hovnanian Enterprises Inc. cut its fiscal third-quarter loss as the homebuilder booked fewer land-related write-downs.

• Hovnanian trims loss for fiscal Q3 (AP)

  AP - Hovnanian Enterprises Inc. said Wednesday its fiscal third-quarter loss narrowed versus the prior-year period as the homebuilder booked fewer land-related write-downs. But signed contracts on new homes tumbled 37 percent as demand slowed in the absence of homebuyer tax credits.

• Oxford posts 2Q profit, reversing year-ago loss (AP)

  AP - Clothing company Oxford Industries Inc. on Wednesday posted a fiscal second quarter profit as it benefited from restructuring and from exiting businesses that were no longer profitable. The company also raised its guidance for the full year.

• Collective Brands 2Q profit rises but misses views (AP)

  AP - Collective Brands Inc., the parent of Payless ShoeSource, said its fiscal second-quarter profit rose 13 percent as sales edged up and expenses declined.

• Borders 2nd-quarter loss widens (AP)

  AP - Borders Group Inc. reported a slightly larger loss in the second quarter and said it will sell more items besides books as it readies for the crucial holiday season.

• Brown-Forman posts 8 percent drop in 1Q net income (AP)

  AP - Liquor company Brown-Forman Corp. posted a 8 percent drop in first-quarter net income, missing analyst estimates and sending shares into a tailspin Wednesday as investors worried about the company's ability to meet its targets.

  
  

• Heinz 1Q profit rises 13 pct on overseas strength (AP)

  AP - H.J. Heinz Co.'s fiscal first-quarter net income jumped 13 percent as the foodmaker's business boomed in growing overseas markets such as India, China and Russia.

  
  

• Joy Global 3Q net income slips, raises forecast (AP)

  AP - Mining equipment maker Joy Global Inc. said Wednesday net income slid nearly 5 percent in the third quarter as sales slipped, but raised its 2010 forecast on a surge in new orders.

• Summary Box: Vivendi raises outlook despite 2Q dip (AP)

  AP - RESULTS: French media company Vivendi SA said second-quarter profit fell 3.5 percent due to fewer music releases from artists like Eminem and Lady Gaga. But it raised its full-year outlook as it expects strong results from video games and mobile services in emerging markets.

• Summary Box: Joy Global 3Q net income (AP)

  AP - MINING FOR GROWTH: Mining equipment maker Joy Global Inc. saw new orders jump 51 percent in the fiscal third quarter, as developing nations scrambled for raw materials.