Highlights
A collection of news and information related to Earnings published by Tribune Company sources.
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DuPont to cut 2,500 jobs
The Associated PressChemical manufacturer DuPont said today that it will cut 2,500 jobs and will not turn a profit in the fourth quarter as a severe slowdown in the automotive and construction markets eats away at chemical sales. DuPont also said it will release 4,000...Tags: Dupont E I Nemours & Company, Quarterly or Semiannual Financial Statements, Sales, Productivity
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DuPont to cut 2,500 jobs, eliminate 4,000 contractors by year-end; no 4Q profit
AP Business WriterDOVER, Del. (AP) — Chemical manufacturer DuPont said Thursday that it will cut 2,500 jobs and will not turn a profit in the fourth quarter as a severe slowdown in the automotive and construction markets eats away at chemical sales. DuPont also said...Tags: Sales, Quarterly or Semiannual Financial Statements, National Government, Corporate Officers, Dow Chemical Company
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Packaging Corp. issues earnings warning
Tribune staff reporterPackaging Corp. of America, citing a softening market for its products, warned investors late Thursday that fourth-quarter earnings will fall short of the Lake Forest company's previous guidance. The packaging concern said demand for containerboard and...Tags: Lake Forest, Packaging Corporation of America, Earnings Forecasts
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Adobe Systems to cut jobs
SOFTWARE Adobe Systems to cut jobs Adobe Systems Inc. released better-than-expected preliminary earnings for the fourth quarter, but said it would cut 600 jobs, or 8% of its workforce, because of slower revenue growth. The San Jose software company said...Tags: Company Privatization, Sales, Litigation, Health Organizations, Allergan Incorporated
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The week ahead
Monday Reports: November Institute for Supply Management index; October construction spending Tuesday Report: November vehicle sales Earnings: Marvell Technology Group Ltd.; Sears Holdings Corp.; Staples Inc. Wednesday Reports: Third-quarter...Tags: Aeropostale Incorporated, Del Monte Foods Company, Federal Reserve, Staples Inc., Marvell Technology Group Limited
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Financial Watch
The week ahead Economists are predicting grim numbers when the employment report is released Friday. Monday ISM manufacturing index (November) Tuesday Auto sales (November). Earnings: Sears, Staples Wednesday ISM services index (November);...Tags: JC Penney Company Incorporated, Aeropostale Incorporated, Del Monte Foods Company, Federal Reserve, Big Lots Incorporated
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New tax rules add to anxiety for small businesses
Small-business owners are having a tough time trying to figure out the best year-end tax strategies for 2008 as the global financial meltdown turns conventional planning wisdom on its head.
Many also are unaware of new federal tax rules -- some...Tags: Riverwoods, Hermosa, Hermosa Beach, Small Businesses, Corporations
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Deere's run likely at end
Tribune reporterFarm-equipment giant Deere & Co. disappointed Wall Street with its fiscal fourth-quarter earnings Wednesday, as higher raw-material costs and weakening non-agricultural sales offset robust farm sales. The latest quarterly results helped the Moline, Ill....Tags: Sales, Plant Closings
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Deere's 4Q profit drops 18%
Tribune staff reporterFarm-equipment giant Deere & Co., pinched by higher raw-material costs and an accelerating decline in sales to the construction sector, turned in fiscal fourth-quarter earnings Wednesday that fell significantly short of analyst forecasts. The Moline...Tags: Sales
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As mortgages went bad, executives cashed out
The subprime lending industry was starting to buckle under the weight of bad loans in November 2006, when executives at Irvine-based New Century Financial Corp. held a conference call to release their latest earnings.
Loan volume was down and defaults...Tags: Business Enterprises, Lawyers, Financially Distressed Companies, National Government, Corporate Officers
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Hewlett-Packard gets a boost as laptop sales rise 21 percent
The Associated PressHewlett-Packard Co. edged past Wall Street's forecast for the latest quarter, showing some resilience in troubled times, as strong laptop sales helped offset falling printer orders and weakness in some server lines. Profit slipped 2 percent while revenue...Tags: Electronic Data Systems Corporation, Sales, Consumer Electronics Industry, Hewlett-Packard Co.
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Deere expected to report profit, but outlook is key
Tribune staff reporterWhen Deere & Co. reports fiscal fourth-quarter earnings Wednesday, analysts will be focusing more on what the Moline farm-equipment maker has to say about the year ahead than about the quarter that ended Oct. 31. The latest fourth quarter is expected...Tags: New York Stock Exchange, Sales, Forestry and Timber, Farms, Financial Markets
Dec 4, 2008
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Nov 30, 2008
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Nov 30, 2008
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Dec 1, 2008
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Nov 27, 2008
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Nov 26, 2008
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Nov 26, 2008
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Nov 25, 2008
|Story| South Florida Sun-Sentinel
Nov 24, 2008
|Story| Chicago Tribune
