Burlington Northern Net Profit Drops
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Burlington Northern Santa Fe BNI.N,  the No. 2 U.S. rail group, on Tuesday reported a sharp drop in  net profit after taking a charge related to a change in the way  it estimates asbestos and environmental liabilities, but posted  record quarterly revenue.
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A steeper-than-expected drop in the   U.S. housing market pushed Lennar Corp.'s LEN.N quarterly   profit down 39 percent and prompted the home builder on Tuesday   to slash its forecast for the current period.
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Nortel Networks Corp. NT.TO delivered  long-awaited preliminary results for the first half of 2004 on  Thursday that showed estimated first and second quarter  earnings between nil and 1 cent per share, and North America's  biggest telecom equipment supplier said it would cut about  3,500 jobs.
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AnnTaylor Stores Corp  posted  lower quarterly profit on Friday as the women&#39;s apparel  retailer suffered weak customer traffic at its Ann Taylor and  LOFT chains, forcing markdowns on many items.
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Winnebago Industries Inc.  on Friday posted a weaker-than-expected quarterly profit after buyers turned to motor homes that cost more to make and had lower profit margins when sold.
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The power company said fourth-quarter profit fell to $271 million, hurt by discontinued operations and higher plant maintenance costs.
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TORONTO -- Nortel Networks Corp., which is in the process of resolving an accounting mess that will result in restatements of prior years&#39; earnings, expects a 28 percent reduction in previously announced net earnings for 2003, compared with its previous
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Family Dollar Stores Inc  said on Tuesday quarterly profit fell as sales at older stores declined and customers cut their discretionary spending.
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Nortel Networks Corp. (NT.TO: Quote, Profile, Research) expects to report lower 2004 third-quarter revenues compared to the second quarter, North America&#39;s largest maker of telecom equipment
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By KOZO MIZOGUCHI  TOKYO - Japanese electronics maker NEC Corp. said Tuesday its net profit dropped nearly 78 percent in the October-December quarter, hurt by sluggish sales of mobile phones and personal computers.
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Nortel Networks Corp. NT.TO NT.N,  one of the world's largest telecom equipment makers, filed its  long-awaited restatement of 2003 results on Tuesday which cut  earnings, but boosted revenue.
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Hershey Co.  on Thursday posted a 96 percent drop in second-quarter net income and again cut its 2007 profit forecast as it spends more money to try to jump-start flagging sales.
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Belo Corp. BLC.N said on Friday that  quarterly profit fell about 64 percent, weighed down by costs  connected to a recent scandal involving inflated circulation  data at its Dallas Morning News newspaper.
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Belo Corp. said on Friday that quarterly profit dropped sharply, dragged down by costs connected to a recent scandal into inflated circulation data at its Dallas Morning News newspaper.
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BERLIN Infineon Technologies said on Tuesday that its fourth-quarter profit unexpectedly fell on a charge to write down the value of its investment in a venture in the United States.
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Quarterly net profit fell to $81 million, from $133 million a year earlier, as the company took charges related to restructuring and disposing of some vending machines.
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Nissan Motor Co. reported a  bigger-than-expected 23 percent fall in quarterly net profit on  Friday, hurt by a sluggish recovery in U.S. sales, and lowered  its full-year forecasts despite a weaker yen.