Colgate Warns Profit Short of Forecasts
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Colgate-Palmolive Co. CL.N on Monday  warned that earnings for the second half of the year will fall  short of earlier forecasts due to higher marketing costs.
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NEW YORK - Third-quarter earnings are meeting Wall Street&#39;s expectations, but the lack of company forecasts on future earnings - or disappointing outlooks in many cases - is starting to have investors worried.
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Masco Corp. MAS.N on Wednesday warned   that 2006 earnings would be lower than expected as weaker U.S.   home builds hurt orders for its building products.
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Capital One Financial Corp.  said on Thursday it expects to report fourth-quarter earnings of around 60 cents per share, and warned that its full-year results would fall below its previous outlook.
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Costco Wholesale Corp. COST.O on   Wednesday warned of lower-than-expected quarterly profit   because of disappointing gross margins and a tax reserve,   sending its shares down nearly 5 percent.
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Colgate-Palmolive Co. CL.N on Monday  warned that second-half earnings will fall well short of Wall  Street forecasts due to higher marketing spending.
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Publisher and broadcaster Tribune Co.  TRB.N on Wednesday said third-quarter earnings would lag Wall  Street estimates because of lower-than-expected publishing and  broadcasting revenue.
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Colgate-Palmolive Co. CL.N on  Wednesday said profit fell in the third quarter because of  increased marketing spending and higher costs for raw  materials.
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Stocks were set to open lower on  Monday as oil prices rose to their highest in nearly a month,  increasing concern about corporate profits, and consumer  products company Colgate-Palmolive Co. CL.N warned about  earnings.
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Household and personal care products makers Procter &amp; Gamble Co  and Colgate-Palmolive Co  both reported higher quarterly profit on Thursday, boosted by sales in emerging markets as the U.S. economy slowed.
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Capital One Financial, the nation's largest independent credit card company, said yesterday that its 2007 profit would be significantly less than its earlier forecasts, new evidence that problems shaking the mortgage industry have spread to other kinds of lending.
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Comcast Corp. (CMCSA.O: Quote, Profile, Research) , the largest US cable operator, on Wednesday posted a quarterly profit that fell short of Wall Street forecasts but reported better-than
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US aluminium giant Alcoa warns its third quarter profits will fall below expectations, blaming restructuring costs, a fire and a strike.
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Colgate-Palmolive Co. CL.N on Monday  issued its first formal profit warning in almost a decade,  saying earnings will fall well short of Wall Street forecasts  due to higher marketing spending, sending its shares down 11  percent to a four-year low.
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The Sony Corporation warned that sales and profit would probably fall short of its forecasts because of declining prices for DVD recorders and video cameras.
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New York Times Co. NYT.N on Monday  forecast third-quarter and full-year earnings below Wall  Street's average estimates, citing lower-than-expected revenue  so far in September.
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The retailer, led by the hedge fund manager Edward Lampert, warned that falling sales would force it to post fourth-quarter earnings well below analyst estimates.