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Example Headline of Genre for Date
Deutsche Telekom's 2Q profit rises 32 percent
AP - Germany's Deutsche Telekom AG said Thursday that its second-quarter profit rose 32 percent and the company confirmed its outlook for the rest of the year.
Asian stocks mostly higher while China slips
AP - Asian stocks markets mostly rose Thursday despite weak economic data that sent Wall Street lower and worries about tighter monetary policy that dragged down China shares.
Consumer products giant Unilever 2Q profit down
AP - Unilever NV PLC, the maker of Dove soap, Lipton tea and Ben & Jerry's ice cream, reported a 17 percent fall in profit in the second quarter as it cut prices in Europe to keep market share, but its ability to raise sales volumes during the recession helped the company's share price rally around 4 percent.
Commerzbank 2Q net loss of $1.07 billion
AP - Germany's Commerzbank AG Thursday reported a loss of euro746 million ($1.1 billion) for the second quarter as the effects of the financial crisis continued to weigh on Germany's second largest lender.
Futures up; jobless claims data, earnings on tap
Reuters - U.S. stock index futures rose on Thursday with investors eyeing a government report on weekly jobless claims and corporate earnings, one day after Wall Street ended a four-day rally.
Gains overseas, Cisco outlook lifts stock futures
AP - U.S. stock futures are edging higher Thursday, supported by gains in overseas markets and an encouraging outlook from Cisco Systems Inc.
Judge sets hearing on BofA-SEC settlement
AP - A judge has ordered a hearing on a $33 million proposed settlement between the Securities and Exchange Commission and Bank of America Corp. over executive bonuses.
World markets up on earnings; pound dips on BoE
AP - World stock markets mostly rose Thursday after another batch of solid corporate earnings, but the pound slid after the Bank of England said it plans to pump more money into the British economy. British shares were unmoved, though.
European stocks rebound as results impress
AFP - Europe's main stock markets rebounded in opening trading on Thursday as investors mulled over positive company earnings and awaited interest rate decisions from the ECB and Bank of England.
Earnings boost stocks; BoE to buy more bonds
Reuters - The European Central Bank and Bank of England both kept interest rates unchanged on Thursday but the latter said it would pump more money into the UK economy by buying bonds, driving sterling lower.
Wendy's/Arby's Group earns $14.9 million
AP - Wendy's/Arby's Group Inc. says its moved to a profit of $14.9 million in the second quarter after losing money the year before.
Sirius matches forecasts with 2Q loss
AP - Satellite-radio operator Sirius XM Radio Inc. said Thursday its second-quarter loss widened to $157.4 million as one-time charges offset growing revenue.
Corrected: Comcast profit up, but loses basic video subs
Reuters - Comcast Corp , the No. 1 U.S. cable operator, reported a higher quarterly profit on Thursday due to improved cost controls and a tax gain, but said it lost basic video subscribers as it was hurt by the weak economy and competition from phone and satellite operators.
Comcast's 2Q profit soars 53 pct, tops estimates
AP - Comcast Corp., the nation's biggest cable TV systems operator, posted a 53 percent increase in second-quarter profit on Thursday, helped by higher prices and increased customer spending on video and Internet services. But subscriber growth markedly slowed as the recession's grip didn't lessen.
Stocks slip after jobless claims report
AP - Investors are still having trouble making up their mind about the economy's prospects.
US jobless data give world markets another boost
AP - European stock markets rose Thursday after another batch of solid corporate earnings while better than expected U.S. jobs data pushed Wall Street futures higher.
Thomson Reuters Q2 beats, CEO sees banks hiring
Reuters - Thomson Reuters Corp reported a better-than-expected quarterly profit on Thursday, helped by cost cuts, and said it expected 2009 revenue to grow as the financial industry recovers.
Thomson Reuters 2Q profit up
AP - Thomson Reuters Corp. said Thursday its second-quarter profit more than doubled from a year ago, helped by its 2008 acquisition of the Reuters news service.
CenturyLink 2Q profit sinks on revenue loss
AP - Telecommunications company CenturyLink, which changed its name from CenturyTel Inc. last month after purchasing Embarq Corp., on Thursday said its second-quarter profits fell 25 percent.
Wendy's/Arby's Group moves to $14.9M profit in 2Q
AP - Wendy's/Arby's Group Inc. made $14.9 million in the second quarter, the company said Thursday, a reversal in fortunes driven mostly by the performance of the Wendy's hamburger chain acquired last fall.
Comcast profit up; basic video subscribers down
Reuters - Comcast Corp , the No. 1 U.S. cable operator, reported higher quarterly profit on Thursday due to improved cost controls and a tax gain, but lost basic video subscribers amid the weak economy and competition from phone and satellite operators.
SEC: Ex-AIG CEO Greenberg settles fraud charges
AP - The Securities and Exchange Commission said Thursday that former American International Group Inc. CEO Maurice 'Hank' Greenberg agreed to pay a $15 million fine to settle fraud charges.
Blackstone loss widens in 2Q on acquisition charge
AP - Private equity firm Blackstone Group LP posted a wider second-quarter loss Thursday, in part because of acquisition-related charges.
Alliant Techsystems 1Q profit up on strong sales
AP - Military contractor Alliant Techsystems Inc. said Thursday its fiscal first-quarter profit rose 28 percent on higher ammunition sales and improved margins, topping analysts' expectations.
Thomson Reuters 2Q profit up, stabilization seen
AP - Thomson Reuters Corp. said Thursday its second-quarter profit more than doubled from a year ago, helped by its 2008 acquisition of the Reuters news service.
Nasdaq to stop offering flash trading Sept. 1
AP - The operator of the Nasdaq stock market said Thursday it will stop a practice that gives some brokerages a split-second advantage in buying or selling stocks.
Goldman Sachs' Cohen: New bull market has begun
Reuters - U.S. stocks have entered a new bull market, and the S&P 500 index could rise as much as 10 percent from current levels by the end of this year, Goldman Sachs strategist Abby Joseph Cohen said on CNBC on Thursday.
FTSE 100 climbs on BoE cash injection
AFP - Stocks in London finished higher on Thursday after the Bank of England agreed to create an extra 50 billion pounds of new money even though it expected the recession to soon bottom out.
Earnings schedule for week of 8/10/09
AP - Major companies tentatively scheduled to report quarterly earnings next week:
Comcast loses more video subscribers; profits up
Reuters - No. 1 U.S. cable operator Comcast Corp lost more video subscribers than expected in the second quarter amid the weak economy and stiff competition from phone and satellite companies, but profit beat forecasts due to better cost controls and tax gains.
Nasdaq, BATS to stop offering flash trading
AP - The operators of the Nasdaq and BATS stock exchanges said Thursday they will stop a practice that gives some brokerages a split-second advantage in buying or selling stocks.
Beazer Homes sharply narrows its 3Q loss
AP - Beazer Homes USA Inc. says its fiscal third-quarter loss narrowed sharply versus a year ago, and new home order trends showed signs of improvement.
CBS 2Q net profit slumps 96 percent on weak ads
AP - CBS Corp. says its second-quarter net profit fell 96 percent as softness in the advertising market continued.
DG FastChannel 2Q profit declines
AP - DG FastChannel Inc., a digital media advertising services company, said Thursday it earned a lower second-quarter profit, but matched Wall Street expectations.
Scripps Networks Interactive posts 2Q profit jump
AP - Scripps Networks Interactive Inc. posted a 49 percent jump in second-quarter profit Thursday, driven by strong fee revenue from its television affiliates.
ExlService Holdings 2Q profit falls, shares slip
AP - Outsourcing company ExlService Holdings Inc. said Thursday its second-quarter profit dropped more than 50 percent, as revenue fell almost 10 percent, but its results met Wall Street estimates.
Coeur d'Alene turns 2Q profit on silver production
AP - Coeur d'Alene Mines Corp., which produces silver, on Thursday turned a profit from a year-ago loss, as silver production surged 74 percent with the addition of two new mines.
King Pharmaceuticals reports 2Q profit drop
AP - Drug developer King Pharmaceuticals said Thursday its second-quarter profit dropped, as generic competition continued to hurt drug sales. But the performance trumped Wall Street expectations.
Dollar gains as BoE to expand money supply program
AP - The dollar came surging back Thursday as stock markets slipped, gaining strongly against the British pound after the Bank of England said it was extending its program of boosting the money supply.
Earnings Preview: AIG to report 2Q results
AP - American International Group Inc. is scheduled to report its second-quarter results Friday before the market opens. The following is a summary of key developments and analyst opinion related to the period.
Westar Energy reports larger 2Q profits
AP - Westar Energy Inc. says its second-quarter profit jumped significantly thanks to higher rates and lower costs but said it was lowering its earnings expectations for the year.
American Italian Pasta reports higher 3Q profit
AP - American Italian Pasta Co. says its third-quarter profits were above Wall Street estimates despite an almost 7 percent slump in sales.
Affiliated Computer profit beats Street view
Reuters - Tech outsourcing company Affiliated Computer Services Inc posted a slightly stronger than expected quarterly profit thanks to new business signings.
Nvidia 2Q loss narrows on cost cuts, shares jump
AP - Graphics chip maker Nvidia Corp. said Thursday its fiscal 2010 second-quarter loss narrowed as cost cuts offset the impact of lower revenue.
Earnings Can Spark Wild Stock-Price Ride
Investor's Business Daily - Three highflying Chinese Internet stocks recently gave investors an unusually quick up-and-down ride, showing how volatile shares can be at earnings announcement time.
CBS 2Q profit slumps 96 percent; sees ad recovery
AP - CBS Corp. said Thursday its second-quarter profit fell sharply because of softness in the advertising market, but said the government's 'cash-for-clunkers' program helped jumpstart ad buying from auto dealers around the nation.
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