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Goldman Sachs earnings more than double
Reuters   Wednesday, 14 June 2006

A file photo shows the American flag being raised at 85 Broad Street, the building where the investment bank Goldman Sachs Group is located. Goldman Sachs Group Inc. on Tuesday said its second-quarter earnings more than doubled, boosted by strong investment banking and trading results. (Peter Morgan/Reuters)Reuters - Investment bank Goldman Sachs Group Inc. on Tuesday said quarterly profit more than doubled to near-record levels, yet its shares fell as investors fear the good times on Wall Street may be coming to an end.


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Best Buy quarterly profit up 38 percent
Reuters   Wednesday, 14 June 2006

A Best Buy store is seen in an undated publicity photo. Top U.S. consumer electronics retailer Best Buy Co. Inc. said on Tuesday quarterly profit jumped 38 percent, driven by new store openings and strong sales of expensive items, like flat-panel televisions. (Handout/Reuters)Reuters - Top U.S. consumer electronics retailer Best Buy Co. Inc. said on Tuesday quarterly profit jumped a higher-than-expected 38 percent, driven by cost controls and strong sales of flat-panel televisions and other high-end goods.


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Nucor raises quarterly earnings outlook
Reuters   Tuesday, 13 June 2006
Reuters - Steelmaker Nucor Corp. on Tuesday raised its second-quarter earnings estimate, citing strong demand and higher prices for its products.
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World Wrestling Entertainment profit down
Reuters   Tuesday, 13 June 2006
Reuters - World Wrestling Entertainment Inc. on Tuesday posted a 34 percent fall in quarterly profit after a drop in cable television advertising.
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Mittal business plan ups pressure on Arcelor
Reuters   Tuesday, 13 June 2006

Lakshmi Mittal, head of Mittal Steel, in northern Spain, April 4, 2006. Mittal Steel expects core earnings to rise by 70 percent, or $4.1 billion, over the next three years, it said on Tuesday as it published a business plan intended to secure a takeover of rival Arcelor. (Eloy Alonso Gonzales/Reuters)Reuters - Mittal Steel unveiled a plan designed to boost support for its proposed takeover of rival Arcelor on Tuesday, saying it expected to raise core earnings by $4.1 billion over the next three years and slash 26,000 jobs.


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Lehman Brothers 2Q profit up 48 percent
AP   Tuesday, 13 June 2006

In this Jan. 6, 2006, file photo, the headquarters of Lehman Brothers, Wall Street's fourth-largest investment bank, is shown in New York. (AP Photo/Mark Lennihan)AP - Lehman Brothers Holdings Inc. reported profit rose 48 percent in its fiscal second quarter, but worries about how eroding financial markets could cut into earnings of big Wall Street firms sent shares sharply lower Monday.


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Dow closes down nearly 100 points
AP   Tuesday, 13 June 2006

Ronald Zdrojeski, a floor official with Z&Z Securities Inc., looks to the early numbers from the floor of the New York Stock Exchange, Friday, June 9, 2006. Stocks were little changed in early trading as Texas Instruments Inc.'s improved outlook and a broker's upgrade of Coca-Cola Co. helped Wall Street steady itself following this week's plunge. (AP Photo/Henny Ray Abrams)AP - Wall Street extended its monthlong retreat Monday as inflation fears kept investors on edge following hefty losses last week, the worst so far in 2006. A late-day selloff dragged the Dow Jones industrials down nearly 100 points and put the Nasdaq composite index at a seven-month low.


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Lehman earnings jump but shares hit on worries
Reuters   Tuesday, 13 June 2006
Reuters - Lehman Brothers Holdings Inc. said on Monday its quarterly earnings jumped 47 percent on gains in trading and investment banking, but its shares fell to a six-month low on concern that brokerage earnings may have peaked.
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Waterford Wedgwood sees recovery in 2007
AP   Monday, 12 June 2006
AP - Waterford Wedgwood PLC, the luxury crystal and china maker, reported Monday a wider loss despite rising sales for the latest fiscal year, and analysts cautioned that the company faced a battle to return to profitability.
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Sharper Image 1Q loss widens to $12.6M
AP   Friday, 09 June 2006

An exterior view of the Sharper Image at Stanford Shopping Center is shown in Palo Alto, Calif., Tuesday, June 6, 2006. Slumping specialty retailer Sharper Image is expected to report its first-quarter losses deepened after the stock market closes Thursday. (AP Photo/Paul Sakuma)AP - Sharper Image Corp.'s losses nearly tripled during the first quarter, further underscoring the challenges facing the gadget retailer as it tries to win back estranged shoppers.


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TI raises second quarter outlook
Reuters   Friday, 09 June 2006

Texas Instruments CEO Richard Templeton during a news conference in Bangalore, March 28, 2006. The biggest supplier of chips for mobile phones on Thursday raised its earnings and revenue guidance for the second quarter amid strong demand for cell phones. (Jagadeesh Nv/Reuters)Reuters - Texas Instruments Inc. on Thursday raised its outlook for second-quarter earnings and revenue above market expectations on strong demand across its chip business, boosting its shares 3 percent.


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