Earnings News

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  • Samsung says 2Q net profit surges 83 percent

    AP – 9 mins ago  
    FILE - In this May 17, 2010 file photo, an employee of Samsung... AP

    SEOUL, South Korea - Samsung's quarterly profit surged to a record high as sales of semiconductors, flat panels and TVs climbed, but the electronics giant warned that intensifying competition in areas like mobile phones could dent earnings in coming quarters. Full Story »

  • Renault returns to profit in first half

    AP – 47 mins ago  

    PARIS - Renault SA said Friday it returned to profit in the first half of the year as higher car sales in all regions helped reverse massive losses a year earlier. Full Story »

  • Honda posts record quarterly profit on sales rise

    AP – 1 hr 13 mins ago  

    TOKYO - Honda's quarterly profit ballooned to 272.4 billion yen ($3.2 billion) and the carmaker raised its full year earnings forecast as sales grew in North America, Japan and the rest of Asia. Full Story »

  • EADS raises outlook despite drop in Q2 profit

    AP – 1 hr 14 mins ago  

    PARIS - EADS NV, the parent company of plane-maker Airbus, on Friday raised its outlook for 2010 — despite a 61 percent drop in second quarter earnings — as a resurgence in commercial aviation boosted hopes that a painful two-year downturn is over. Full Story »

  • France's Total Q2 profit up 43 percent

    AP – 2 hrs 4 mins ago  

    PARIS - French oil company Total SA said Friday its second-quarter profit jumped 43 percent thanks to rising production and improving refinery activity after a rough 2009, and said it is reviewing drilling and accident policies after the BP spill. Full Story »

  • Alcatel-Lucent posts 2nd quarter loss

    AP – Fri Jul 30, 1:21 am ET  

    PARIS - Alcatel-Lucent SA says its net loss in the second quarter was a wider-than-expected euro184 million (US$240 million) but said it remains on track for a targeted improvement in profitability this year. Full Story »

  • Kia Motors says 2Q net profit rises 61 percent

    AP – Thu Jul 29, 11:41 pm ET  

    SEOUL, South Korea - Kia Motors announced Friday that net profit rose 61 percent in the second quarter amid an increase in sales. Full Story »

  • Epicor 2Q loss narrows

    AP – Thu Jul 29, 8:38 pm ET  

    IRVINE, Calif. - Business software maker Epicor Software Corp. said Thursday that its second-quarter loss narrowed as revenue climbed. Full Story »

  • Samsung Elec posts record Q2 on strong chip sales

    Reuters – Thu Jul 29, 8:35 pm ET  

    SEOUL (Reuters) - Samsung Electronics Co, the world's top maker of memory chips and flat screen TVs, reported a record quarterly profit on Friday, aided by strong sales of both of its key products. Full Story »

  • Coinstar 2Q profit grows, but outlook disappoints

    AP – Thu Jul 29, 8:01 pm ET  

    BELLEVUE, Wash. - Coinstar Inc., the operator of coin-counting machines and Redbox DVD rental kiosks, said Thursday that its second-quarter profit rose as revenue grew. Full Story »

  • Summary Box: Wynn Resorts posts $52.4M profit

    AP – Thu Jul 29, 7:03 pm ET  

    THE BOTTOM LINE: Casino operator Wynn Resorts Ltd.'s second-quarter profit doubled to $52.4 million, or 42 cents per share, from $25.5 million, or 21 cents per share, a year earlier. Full Story »

  • McAfee 2Q profit rises

    AP – Thu Jul 29, 6:45 pm ET  

    SANTA CLARA, Calif. - Computer-security software maker McAfee Inc. said Thursday that its second-quarter profit rose 38 percent, helped by growth in its corporate and consumer businesses. Full Story »

  • MetLife posts Q2 earnings of $1.5 billion, beating Street

    Reuters – Thu Jul 29, 6:43 pm ET  

    NEW YORK (Reuters) - MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by higher premium revenue from sales domestically and abroad. Full Story »

  • RealNetworks' 2Q loss narrows

    AP – Thu Jul 29, 6:42 pm ET  

    SEATTLE - RealNetworks Inc. said Thursday that its second-quarter loss narrowed even though its revenue fell because last year's second quarter included a large charge reflecting the declining value of its assets. Full Story »

  • PMI Group narrows loss, but shares tumble

    AP – Thu Jul 29, 6:29 pm ET  

    WALNUT CREEK, Calif. - PMI Group Inc. on Thursday reported a nearly $151 million loss, narrower than a year ago but far wider than Wall Street expected. Shares of the mortgage insurer tumbled nearly 15 percent. Full Story »

  • Wynn Resorts earns $52.4M during second quarter

    AP – Thu Jul 29, 6:22 pm ET  
    FILE - In this file photograph taken April 22, 2010, the casino... AP

    LAS VEGAS - Casino operator Wynn Resorts Ltd.'s second-quarter profit doubled to $52.4 million with help from its newest resort in the Chinese gambling enclave of Macau, the company said Thursday. Full Story »

  • Kearny Financial fiscal 4Q profit rises

    AP – Thu Jul 29, 6:04 pm ET  

    SAN FRANCISCO - Kearny Financial Corp., which is the holding company for Kearny Federal Savings Bank, said Thursday that its fiscal fourth-quarter profit jumped due to lower interest expense. Full Story »

  • Summary Box: MetLife posts profit on investments

    AP – Thu Jul 29, 5:31 pm ET  

    THE BOTTOM LINE: MetLife posted a second-quarter profit Thursday of $1.5 billion, or $1.84 per share. That compared with a loss of $1.43 billion, or $1.74 per share, in the year-ago quarter. Full Story »

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