Earnings Forecasts

WASHINGTON (AP) _ A measure of U.S. manufacturing activity fell to a 26-year low in November as new orders dropped for the twelfth consecutive month, a trade group said Monday. The Institute for Supply Management's monthly index of manufacturing activity...

WASHINGTON (AP) _ A gauge of U.S. manufacturing activity that fell to a 26-year low Monday followed similarly weak readings in Europe and China, fueling fears of a deepening global downturn. The Institute for Supply Management's index of manufacturing...

FRANKFURT, Germany (AP) _ Qimonda AG, the memory chip company majority owned by Infineon Technologies AG, said Monday it may face bankruptcy if it fails to find new investors or the cash needed to operate in the coming weeks. Ralph Heinrich, a Qimonda...

W illiam Mitchell, chief executive of Long Island's largest company, the components distributor Arrow Electronics Inc. in Melville, thought he had seen the worst of times when the dot-com bubble burst in 2001 and stocks and companies tanked. But these...

Deere & Co.'s quarterly profit fell 18 percent as weaker results in its small equipment and credit divisions, coupled with higher expenses, overwhelmed strong sales of farm machinery. The world's largest maker of agricultural equipment also forecast...

FRANKFURT, Germany (AP) _ Steelmaker ThyssenKrupp AG said Friday that higher orders and sales pushed its net profit up 38 percent in its last fiscal fourth quarter — but it gave no forecast for the current fiscal year, citing global economic...

TOKYO (AP) _ Production at Japan's vital manufacturers is sinking fast — and is projected to turn in its worst quarter ever — amid a plunge in global demand that is battering the core of the world's second-largest economy. The government said...

BRUSSELS, Belgium (AP) _ ArcelorMittal SA, the world's largest steelmaker, said Wednesday it is looking to cut 9,000 jobs through voluntary agreements, shedding around 3 percent of its global workforce in response to the economic downturn. In a statement...

TOKYO (AP) _ Panasonic slashed its annual profit forecast by 90 percent, blaming a strong yen, sluggish sales and heavy discounting as electronics makers fight for market share amid a global economic downturn. Panasonic Corp. said Thursday it now expects...

NEW YORK (AP) _ Tiffany & Co. on Wednesday reported third-quarter earnings that topped Wall Street expectations, but the luxury goods retailer warned of job cuts and lowered its 2008 outlook as consumers scale back on spending amid a tough economy....

LONDON (AP) _ Compass Group PLC, the world's largest catering company, reported Wednesday that profit fell 14 percent in the year ending Sept. 30 due to fewer sales of assets compared with a year earlier. Shares rose, though, as the results were better...

Wal-Mart Stores Inc., the world's largest retailer, unexpectedly announced yesterday that its chief executive will retire in February and be replaced by the head of its international division. The surprise change in leadership right before the crucial...