Wednesday, November 3, 2010

11/3 Yahoo! News: Earnings News

     
    Yahoo! News: Earnings News    
   
Summary Box: EA narrows 2Q net loss (AP)
November 2, 2010 at 7:44 PM
 
AP - THE QUARTER: Video game publisher Electronic Arts Inc. posted a smaller net loss for its fiscal second quarter, helped by lower expenses even as revenue fell. Adjusted results handily beat Wall Street's expectations.
   
   
EA posts 2Q loss but results surpass expectations (AP)
November 2, 2010 at 5:19 PM
 
AP - Video game publisher Electronic Arts Inc. said Tuesday its fiscal second-quarter net loss narrowed, and its adjusted results handily surpassed expectations due to strong sales of the latest "FIFA" and "Madden" games.
   
   
BP's oil spill costs grow, Gulf residents react (AP)
November 2, 2010 at 5:00 PM
 

BP PLC Chief Executive Bob Dudley speaks at a press conference at their headquarters in London, Tuesday, Nov. 2, 2010. BP PLC returned to profit in the third quarter but said it doesn't plan to rush back into the Gulf of Mexico as it raised the likely cost of the devastating oil spill there by $7.7 billion to $40 billion. (AP Photo/Alastair Grant)AP - BP PLC is once again reporting profits even with an estimated $40 billion price tag for the response to its blown out well in the Gulf of Mexico.


   
   
Wynn Resorts reports 3Q loss as it pays $64M debt (AP)
November 2, 2010 at 4:41 PM
 
AP - Casino-resort operator Wynn Resorts Ltd.'s third-quarter revenue soared to $1 billion, including a nearly 50 percent increase at Wynn Macau, the company said Tuesday. But it recorded a loss including $64.2 million in costs for reducing its debt.
   
   
Summary Box: Hitachi rebounds to profit (AP)
November 2, 2010 at 3:40 PM
 
AP - CARS AND COMPUTERS: Hitachi Ltd. rebounded to profit in the second quarter from losses a year earlier as the global recovery boosted demand for the company's car parts, computer chips and electronics.
   
   
Newmont 3Q earnings leap; narrows production view (AP)
November 2, 2010 at 3:07 PM
 
AP - Newmont Mining Corp. said Tuesday its third-quarter net income leaped 38 percent on higher gold prices despite higher costs. But it narrowed its gold production forecast for this year to the lower end of a previous range and bumped up its cost expectations.
   
   
Summary Box: BP turns profit while Gulf cost soars (AP)
November 2, 2010 at 2:22 PM
 
AP - BP IN BLACK: BP PLC turned a profit of $1.79 billion during the third quarter.
   
   
BP not spearheading oil industry move back in Gulf (AP)
November 2, 2010 at 1:10 PM
 

BP PLC Chief Executive Bob Dudley speaks at a press conference at their headquarters in London, Tuesday, Nov. 2, 2010. BP PLC returned to profit in the third quarter but said it doesn't plan to rush back into the Gulf of Mexico as it raised the likely cost of the devastating oil spill there by $7.7 billion to $40 billion. (AP Photo/Alastair Grant)AP - Oil company BP PLC shied away from spearheading any industry rush back into the Gulf of Mexico as it revealed Tuesday that the cost of its devastating oil spill has jumped to $40 billion — taking the shine off a return to profit in the third quarter.


   
   
Summary Box: NYSE Euronext 3Q profit rises (AP)
November 2, 2010 at 12:46 PM
 
AP - REVENUE SLOWDOWN: NYSE Euronext saw a slight slowdown in revenue for the third quarter. Newer exchange operators have entered the market, forcing companies like NYSE Euronext to cut the price it charges to execute stock and derivative trades.
   
   
American Superconductor reports strong fiscal 2Q (AP)
November 2, 2010 at 12:27 PM
 
AP - American Superconductor Corp., which makes technologies for the power industry, said Tuesday its fiscal second quarter profit more than doubled as its revenue shot up 36 percent on strong demand from its customers. It raised its guidance for the full year.
   
   
Summary Box: MasterCard 3Q profit jumps (AP)
November 2, 2010 at 12:12 PM
 
AP - THE RESULTS: Increased card use helped lift MasterCard Inc. third-quarter profit by 15 percent to $518 million, or $3.94 per share.
   
   
MasterCard posts 3Q profit jump of 15 percent (AP)
November 2, 2010 at 12:11 PM
 

FILE - In this June 23, 2010 file photo, signs for a Citibank banking card, top, a MasterCard credit card, center, and Maestro, bottom, are displayed, in New York. MasterCard Inc. said Tuesday, Nov. 2, 2010, spending on plastic overseas helped lift its third-quarter profit 15 percent.(AP Photo/Mark Lennihan, file)AP - MasterCard Inc. on Tuesday said increased use of credit and debit cards, especially overseas, helped lift its third-quarter profit by 15 percent.


   
   
ADM 1Q profit and share price slide (AP)
November 2, 2010 at 10:46 AM
 

FILE - In this July 2, 2009 file photo, rail cars wait to receive ethanol at the Archer Daniels Midland Company plant in Decatur, Ill. Archer Daniels Midland is reporting that first-quarter profits dropped 31 percent, partly on an inventory charge and a lower agricultural services operating profit. (AP Photo/Seth Perlman, File)AP - Archer Daniels Midland's first-quarter net income dropped 31 percent, pressured by rising commodity prices and a shifting supply of crops.


   
   
Summary Box: Archer Daniels 1Q earnings decline (AP)
November 2, 2010 at 10:12 AM
 
AP - AGRICULTURAL WEAKNESS: Archer Daniels Midland Co. said that drought conditions and government actions in the Black Sea region led to crop supply shifts. This contributed to a decline in the agricultural services division's operating profit.
   
   
NYSE Euronext 3Q profit rises 2.4 percent (AP)
November 2, 2010 at 9:52 AM
 
AP - NYSE Euronext said its third-quarter profit rose 2 percent as the exchange operator benefited from a drop in taxes, which more than offset a slight slowdown in revenue.
   
   
Clorox posts 1Q net income jump on auto unit sale (AP)
November 2, 2010 at 8:52 AM
 
AP - Clorox says its first-quarter net income jumped 37.6 percent on a gain from the sale of its auto-care business. But revenue slipped because of shoppers are still shying away from purchases.
   
   
Weak cereal sales dampen Kellogg's 3Q results (AP)
November 2, 2010 at 8:44 AM
 

FILE - In this file photo taken June 25, 2010, an assortment of Kellogg's Froot Loops, Corn Pops, Apple Jacks, and Honey Smacks are displayed, in Mt. Lebanon, Pa. Kellogg Co.'s third-quarter net income fell 6 percent Tuesday, Nov. 2, 2010, as cereal sales softened, competition intensified and the effects of a cereal recall lingered. (AP Photo/Gene J. Puskar, file)AP - Kellogg Co.'s third-quarter net income fell 6 percent as cereal sales softened, competition intensified and the effects of a cereal recall lingered.


   
   
MasterCard posts 2Q profit jump of 15 percent (AP)
November 2, 2010 at 8:33 AM
 
AP - MasterCard Inc. says heavier use of credit and debit cards overseas helped push third-quarter profits up by nearly 15 percent.
   
   
Pfizer 3Q profit down 70 percent due to charges (AP)
November 2, 2010 at 8:29 AM
 
AP - Pharmaceutical giant Pfizer Inc. said Tuesday that revenue in the third quarter jumped 39 percent due to its acquisition of fellow drugmaker Wyeth, but hefty charges related to that $68 billion purchase dragged its profit down 70 percent.
   
   
Medco Health 3Q profit rises 10.6 percent (AP)
November 2, 2010 at 7:56 AM
 
AP - Pharmacy benefits manager Medco Health Solutions Inc. said Tuesday its third-quarter net income rose 10.6 percent on higher revenue because of new clients and higher prices for prescription drugs.
   
   
Archer Daniels Midland 1Q net income declines (AP)
November 2, 2010 at 7:40 AM
 

FILE - In this July 2, 2009 file photo, rail cars wait to receive ethanol at the Archer Daniels Midland Company plant in Decatur, Ill. Archer Daniels Midland is reporting that first-quarter profits dropped 31 percent, partly on an inventory charge and a lower agricultural services operating profit. (AP Photo/Seth Perlman, File)AP - Archer Daniels Midland's first-quarter net income dropped 31 percent, the company reported Tuesday, pressured by rising commodity prices and shifting supplies of crops.


   
   
BP's oil spill costs grow, keep lid on Q3 profit (AP)
November 2, 2010 at 5:34 AM
 
AP - BP PLC raised the likely cost of the devastating Gulf of Mexico oil spill by $7.7 billion Tuesday, dragging down its third quarter net profit by more than 60 percent despite higher oil and gas prices.
   
     
 
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