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July 24, 2008 1:50:49 PM CDT

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Stories related to: earnings forecast

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3 Stories

  • April 2008

    • Japanese Automakers See Bumpy Road Ahead

      newser  |  Wall Street Journal  |  Apr 25, 08 1:47 PM CDT

      Japanese Automakers See Bumpy Road Ahead

      A strong yen is hurting Japan's automakers, the Wall Street Journal reports, with Honda and Mitsubishi announcing big declines in profits today and forecasting tough times ahead. Honda saw an 86% decline in profits for the quarter ended March 31; Mitsubishi's were down 37%. Mazda bucked the trend, with a 48% increase—but all three forecast double-digit declines this fiscal year. More »

      Tags

      Toyota  • earnings reports  • Honda  • Japanese auto industry  • Mazda  • Mitsubishi  • earnings forecast

    • Starbucks Goes Decaf on Earnings Outlook

      newser  |  Wall Street Journal  |  Apr 23, 08 7:05 PM CDT

      Starbucks Goes Decaf on Earnings Outlook

      The slumping US economy means Starbucks' quarterly profits won't meet estimates when figures are released April 30, the coffee giant said today. Analysts expected earnings of 21 cents per share for the quarter ended March 30; Starbucks expects 15 cents, the Wall Street Journal reports. It now predicts yearly sales to be lower than last year's 87 cents per share; Starbucks' January forecast had called for 96-98 cents. More »

      Tags

      recession  • Starbucks  • earnings  • earnings forecast

  • February 2008

    • IBM to Buy Back $15B of Stock

      newser  |  Associated Press  |  Feb 26, 08 3:04 PM CST

      IBM to Buy Back $15B of Stock

      IBM will repurchase $15 billion of its own stock, it revealed today, leading the IT company to raise its profit forecast for the year to beat Wall Street predictions. The Armonk, NY-based computing giant will spend $12 billion on the buyback this year, the AP reports. The company told the Street that would help elevate its projected earnings-per-share for the year by five cents over previous estimates. More »

      Tags

      Wall Street  • IBM  • earnings forecast  • analyst guidance  • stock buyback

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