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Consumers gave some of the nation's retailers a little relief in April after months of dismal sales, gravitating toward less-expensive discounters and wholesale clubs but generally still shying away from stores selling clothes and other non-necessities. ...more
May 9, 2008
Pilgrim's Pride Corp., the nation's largest chicken producer, said Monday its second-quarter loss widened from a year ago as it paid more for feed and took a restructuring charge. ...more
May 6, 2008
Defying the gloom that many retailers are feeling, Wal-Mart Stores Inc. expects a more profitable year selling to penny-pinching shoppers after its renewed focus on low prices paid off during the holidays with a 4 percent rise in fourth-quarter profit. ...more
February 20, 2008
Hewlett-Packard Co. started its fiscal year with a first-quarter profit above analyst expectations and predicted its performance will improve in the months ahead, providing a ray of hope in the gathering economic gloom. ...more
February 20, 2008
Shares of Progress Energy fell Thursday after the Raleigh, N.C.-based energy company reported a 38 percent drop in fourth-quarter earnings. ...more
February 15, 2008
The Walt Disney Co.'s quarterly profit fell 26 percent from a year earlier, when it benefited from the sale of a magazine and entertainment channel, but the media conglomerate notched a 9 percent jump in revenue powered by growth in its cable and television division. ...more
February 6, 2008
Burger King Holdings said Thursday that its second-quarter profit jumped 29 percent as the stalwart Whopper, the new Homestyle Melt and promotions with TV tie-ins fired up worldwide sales. ...more
February 1, 2008
Google's fourth-quarter profit missed analyst expectations, signaling that the crumbling U.S. economy has dented the Internet search leader's moneymaking machine. ...more
February 1, 2008
UPS Inc., the world's largest shipping carrier, reported Wednesday that it swung to a hefty loss in the fourth quarter because of a $6.1 billion payment to shift 45,000 of its employees from one pension plan to another. ...more
January 31, 2008
Online search engine operator Yahoo said Tuesday that its fourth-quarter profit declined a bit more than 23 percent as higher operating expenses overshadowed an increase in revenue. ...more
January 30, 2008
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