Category Archives: ***EARNINGS WATCH

H-P, Dell Post Profit Increases H-P’s quarterly profit climbed 6.1%, boosted by profit growth in its PC business. Rival Dell’s net income rose 15% as demand improved among commercial customers. Toro’s Profit Rises 69% Toro reported 69% profit growth as … Continue reading →

Cnooc Profit Doubles Cnooc, China’s largest listed offshore oil and gas producer by capacity, said its first-half profit more than doubled and that it will shuffle its top management. Lenovo Swings to Profit Lenovo swung to a profit, as growth … Continue reading →

Maersk Raises Outlook Again In the latest sign of a rebound in the container-shipping industry, A.P. Moller-Maersk AS said Wednesday it swung to a net profit in the first half of the year, as expected, and raised its earnings guidance … Continue reading →

Wal-Mart (WMT): Q2 EPS of $0.97 in-line. Revenue of $103B (+2.8%) vs. $105.4B. Raises FY’11 EPS guidance to $3.95 – $4.05. Carlsberg Lifts Forecast Carlsberg raised its forecast for 2010 as the Danish brewer posted a 36% rise in second-quarter … Continue reading →

Lowe’s Net Rises 9.6% Lowe’s earnings increased 9.6%, but sales missed expectations. The home-improvement retailer also adjusted its outlook, giving a more cautious view.

Profit Rises, But Kohl’s Cuts Forecast  Kohl’s, whose sales at stores open at least a year were up 5.9 percent in the first half of the year, forecast a pace of 2 to 4 percent sales growth in the second … Continue reading →

World Cup Boosts A-B Inbev A big bet on the World Cup has paid off for Anheuser-Busch InBev. The world’s biggest beer company said second-quarter volumes were up 2.1% over the same period last year. Cisco Sounds Cautious Note  Cisco … Continue reading →

Nestle Profit Rises 7.5% Nestle warned of a difficult second half even as the Swiss food and beverages giant reported a 7.5% rise in first-half net profit. ING’s Net Profit Soars Dutch financial-services company ING Groep’s quarterly net profit jumped … Continue reading →