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July 24, 2008 1:42:42 PM CDT

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Stories related to: first quarter earnings

Stories

12 Stories

  • May 2008

    • Exxon Profits Shoot Up 17%, But Still Miss Target

      newser  |  Bloomberg  |  May 1, 08 8:54 AM CDT

      Exxon Profits Shoot Up 17%, But Still Miss Target

      Exxon Mobil’s profits jumped 17% in the first quarter, but still fell short of expectations, Bloomberg reports. Exxon’s number, which was held back by drops in productions and refinery profit margins, looks shabby compared to the world’s other two largest oil companies, which posted 25% and 63% gains respectively. “Exxon is having trouble raising production, and that's not a good sign,” said one money manager. More »

      Tags

      oil price  • ExxonMobil  • earnings reports  • oil production  • first quarter earnings  • oil refineries

  • April 2008

    • IBM Raises Dividend 25%

      newser  |  Wall Street Journal  |  Apr 29, 08 2:20 PM CDT

      IBM Raises Dividend 25%

      IBM raised its quarterly dividend for the thirteenth consecutive year today after posting strong Q1 earnings two weeks ago, the Wall Street Journal reports. The firm expects to pay $2.5 billion to shareholders this year after raising its dividend 25%, from 40 to 50 cents. IBM also expects to pass along another $12 billion to investors through stock buybacks. More »

      Tags

      computer  • investors  • shareholders  • IBM  • first quarter earnings  • information technology  • stock buyback

    • Deutsche Bank Posts $220M Loss—First in 5 Years

      newser  |  Financial Times (UK)  |  Apr 29, 08 6:41 AM CDT

      Deutsche Bank Posts $220M Loss—First in 5 Years

      Deutsche Bank posted its first quarterly loss in 5 years today, reflecting the impact of the credit crisis on its investment banking activities. Germany's largest bank reported a net loss of $220 million and admitted that the short-term outlook for the firm remained highly uncertain. Deutsche also took $4.2 billion in writedowns, writes the Financial Times . More »

      Tags

      Germany  • credit crisis  • Deutsche Bank  • first quarter earnings  • quarterly reports

    • Credit Suisse Posts $2.1B Loss

      newser  |  Financial Times (UK)  |  Apr 24, 08 4:39 AM CDT

      Credit Suisse Posts $2.1B Loss

      Credit Suisse has announced it lost a mammoth $2.1 billion in the first quarter, reports the Financial Times. The Swiss banking group, which until recently appeared to have escaped the worst of the credit crunch, continued to post strong earnings from its private banking sector—but that wasn't enough to outweigh writedowns of $5.2 billion. More »

      Tags

      credit crisis  • writedowns  • first quarter earnings  • Credit Suisse  • quarterly reports

    • Toyota Overtakes GM in Q1

      newser  |  Wall Street Journal  |  Apr 23, 08 1:29 PM CDT

      Toyota Overtakes GM in Q1

      GM’s vehicle sales fell 0.6% in the first quarter, helping Toyota, on 2.7% growth, take the global sales lead, the Wall Street Journal reports. Toyota sold 2.41 million vehicles worldwide to 2.25 million for the American giant, which was hurt badly by a 10.2% drop in US sales. GM blamed tough economic times, noting solid overseas figures nevertheless. More »

      Tags

      auto industry  • General Motors  • car  • Toyota  • auto sales  • first quarter earnings  • Japanese auto industry  • vehicle

    • Strong Earnings Propel Rally

      newser  |  Bloomberg  |  Apr 18, 08 3:22 PM CDT

      Strong Earnings Propel Rally

      Stocks rallied to weekly gains today as the markets absorbed last night's strong earnings report from Google and industrial multinationals Caterpillar and Honeywell recorded unexpected first-quarter growth, Bloomberg reports. Google propelled the Nasdaq up 61.14 to close at 2,402.97. The Dow rose 228.87 to 12,849.36, and the S&P 500 climbed 24.77 to 1,390.33. All the indices saw 4%-5% weekly gains. More »

      Tags

      Google  • S&P 500  • Nasdaq  • Dow Jones Industrial Average  • Citigroup  • first quarter earnings  • Caterpillar  • Honeywell

    • eBay Profits Jump 22% Under New CEO

      newser  |  Wall Street Journal  |  Apr 16, 08 6:50 PM CDT

      eBay Profits Jump 22% Under New CEO

      EBay's revenue soared 24% in the first quarter, the Wall Street Journal reports, with profits up 22%. Fueled by continued success with its online auction business and PayPal, its online-payment component, the company also raised its projected 2008 earnings to $8.7 billion to $9 billion, well beyond Wall Street expectations. More »

      Tags

      eBay  • online advertising  • online retailers  • online auction  • ad revenue  • quarterly profits  • first quarter earnings  • PayPal  • John Donahoe  • profit growth  • net revenue

    • Stocks Seesaw, Close Down

      newser  |  MarketWatch  |  Apr 14, 08 3:34 PM CDT

      Stocks Seesaw, Close Down

      Stocks wobbled today, eventually posting modest losses as investors still processing GE’s poor results absorbed Wachovia's unexpected losses and steeled themselves for more disappointment from first-quarter earnings reports. The Dow ended the day down 23.36 at 12,302.06, the Nasdaq dropped 14.42 to 2,275.82, and the S&P 500 fell 4.51 to 1,328.32. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones Industrial Average  • retail sales  • gas  • General Electric  • Wachovia  • first quarter earnings

    • Markets Plunge on GE News

      newser  |  Wall Street Journal  |  Apr 11, 08 3:46 PM CDT

      Markets Plunge on GE News

      The markets went into a tailspin today after GE shares declined 13%—the company's worst performance since the 1987 crash, the Wall Street Journal reports. The Dow fell 256.56 points to close at 12,325.42, the Nasdaq dropped 61.46 points to 2,290.24, and the S&P 500 shed 27.72 to settle at 1,332.83. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones Industrial Average  • consumer confidence  • General Electric  • first quarter earnings

    • Techs Stand Tall in 'Relief Rally'

      newser  |  Wall Street Journal  |  Apr 10, 08 3:34 PM CDT

      Techs Stand Tall in 'Relief Rally'

      Stocks rallied despite a generally unfavorable climate today on positive news from Intel and Wal-Mart, though, with the exception of the Nasdaq, failed to hold on to session highs. The Nasdaq rose 29.58 to close at 2,351.70. The Dow, up triple-digits during the session, ended 54.72 higher at 12,581.98; the S&P 500 gained 6.06 to close at 1,360.55. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones Industrial Average  • Wal-Mart  • Intel  • retail sales  • first quarter earnings

    • AMD to Slash 10% of Jobs in '08

      newser  |  Wall Street Journal  |  Apr 8, 08 12:02 AM CDT

      AMD to Slash 10% of Jobs in '08

      Advanced Micro Devices will shed 10% of its workforce this year and predicts a 15% first-quarter revenue drop, down to $1.5 billion, the Wall Street Journal reports. Slumping desktop sales and the company's line of defective chips and have hurt AMD, which will lay off workers worldwide at "all levels within the company," a spokesman told the San Jose Mercury News today. More »

      Tags

      Intel  • job cuts  • AMD  • first quarter earnings  • computer hardware  • microchip  • processor

    • Stocks Flat Despite WaMu Deal

      newser  |  Wall Street Journal  |  Apr 7, 08 3:36 PM CDT

      Stocks Flat Despite WaMu Deal

      Stocks were flat today after worries about coming first-quarter earnings reports kept a financial stocks rally from taking hold, MarketWatch reports. The Dow rose 3.01 to 12,612.42; the S&P 500 rose 2.14 to 1,372.54; and the Nasdaq was off 6.15 to close at 2,364.83. More »

      Tags

      S&P 500  • Nasdaq  • Dow Jones Industrial Average  • earnings reports  • Alcoa  • Washington Mutual  • first quarter earnings

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