(Reuters) - Aon Corp , the world's largest insurance brokerage, reported a larger-than-expected quarterly profit as contributions from recent acquisitions helped offset decline in commissions. Full Story »
Earnings News
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Aon Q2 profit tops Wall Street view
Reuters – 3 mins ago -
British Airways posts Q1 loss of $190 mln
AP – 9 mins agoLONDON - British Airways PLC on Friday said its losses widened 15 percent to 122 million pounds ($190 million) in the three months ending June 30 as operations were disrupted by cabin crew strikes and a cloud of volcanic ash from Iceland. Full Story »
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Newell quarterly profit rises
Reuters – 12 mins agoNEW YORK (Reuters) - Consumer products maker Newell Rubbermaid Inc reported a higher quarterly profit, boosted by price hikes and strong demand in key markets like Latin America. Full Story »
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Kia Motors says 2Q net profit rises 61 percent
AP – 38 mins agoSEOUL, South Korea - Kia Motors announced Friday that net profit rose 61 percent in the second quarter amid an increase in sales. Full Story »
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Honda posts record quarterly profit on sales rise
AP – 1 hr 51 mins agoTOKYO - Honda's quarterly profit ballooned to a record 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 »
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Samsung says 2Q net profit surges 83 percent
AP – 2 hrs 5 mins agoSEOUL, 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 »
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Renault returns to profit in first half
AP – 2 hrs 43 mins agoPARIS - 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 »
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EADS raises outlook despite drop in Q2 profit
AP – Fri Jul 30, 3:48 am ETPARIS - 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 »
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France's Total Q2 profit up 43 percent
AP – Fri Jul 30, 2:58 am ETPARIS - 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 »
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Alcatel-Lucent posts 2nd quarter loss
AP – Fri Jul 30, 1:21 am ETPARIS - 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 »
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Epicor 2Q loss narrows
AP – Thu Jul 29, 8:38 pm ETIRVINE, Calif. - Business software maker Epicor Software Corp. said Thursday that its second-quarter loss narrowed as revenue climbed. Full Story »
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Samsung Elec posts record Q2 on strong chip sales
Reuters – Thu Jul 29, 8:35 pm ETSEOUL (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 »
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Coinstar 2Q profit grows, but outlook disappoints
AP – Thu Jul 29, 8:01 pm ETBELLEVUE, 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 »
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Summary Box: Wynn Resorts posts $52.4M profit
AP – Thu Jul 29, 7:03 pm ETTHE 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 »
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McAfee 2Q profit rises
AP – Thu Jul 29, 6:45 pm ETSANTA 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 »
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MetLife posts Q2 earnings of $1.5 billion, beating Street
Reuters – Thu Jul 29, 6:43 pm ETNEW 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 »
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RealNetworks' 2Q loss narrows
AP – Thu Jul 29, 6:42 pm ETSEATTLE - 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 »
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PMI Group narrows loss, but shares tumble
AP – Thu Jul 29, 6:29 pm ETWALNUT 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 »
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