Puma profits fall short of forecasts
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Puma has posted higher profit and sales for the third quarter and raised its full-year earnings outlook, but the results have fallen short of analysts&#39; high expectations.
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The commercial insurer said profit declined on lower premiums and investment income, but the results still beat Wall Street expectations.
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Amazon.com Inc  on Wednesday issued quarterly earnings and full-year sales forecasts ahead of Wall Street targets, but profit margins declined in what one analyst called a disappointment.
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Commercial truck maker Navistar  International Corp. NAV.N reported higher quarterly earnings  on Thursday, but its shares fell 7 percent as the market  focused on lower-than-expected profit from its core  manufacturing operations.
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Allergan Inc.  on Monday posted a quarterly profit on growing sales of eye medicines and its Botox anti-wrinkle product, but warned that 2005 earnings will fall short of Wall Street expectations.
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The New York Times Company said yesterday that its profit for the year would fall short of what it had initially forecast, a casualty of higher costs and of advertising revenue that has
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Adidas, the world's number two supplier of sportswear and equipment, said Wednesday that it had met all its targets for 2006, but expected earnings growth to slow this year because of difficulties at US unit Reebok.
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U.S. stocks were lower on Wednesday  after a profit warning from Coca-Cola Co. KO.N renewed  investors' doubts about earnings growth in the second half of  the year.
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Puma, the world's third-biggest maker of sportswear and equipment, has blamed marketing expenditure for the football World Cup for an eight-percent drop in net profit in 2006.
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NEW YORK - Investors worried about third quarter-earnings looked past a surprise drop in wholesale prices, sending stocks lower on profit warnings from Dow component Alcoa Inc. and Visteon Corp...
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Profits plummet in the second quarter, but the retailer looks to a brighter tomorrow.
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US department store JC Penney  sees profits fall and predicts a slower first three months of 2007 than had been expected.
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he Coca-Cola Company warned yesterday that its earnings for the second half of the year would fall short of forecasts, citing competitive pressures in North America and unseasonably cool and rainy weather in Europe.
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Despite another win, the armored vehicle maker's stock falls.
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The results for the current quarter came in slightly below expectations and the company sounded a note of caution on the global economy.
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Shares of Amazon.com Inc. dipped below a 52-week low in intraday trading Friday after the online retailer reported third quarter profits that tripled, but fell short of Wall Street estimates.
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The worldÂs No. 1 maker of sport shoes said profit fell as stock-based compensation weighed on results.