Altria 2nd-quarter profit falls
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Altria Group Inc.  posted lower quarterly profit on Wednesday, due in part to costs for closing a U.S. cigarette plant as it moves some production to Europe in a move to cut costs and reduce excess capacity.
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The company said on Friday that its profit fell on price declines for its mainstay computer memory chips, but expressed confidence a rebound in the market would bolster earnings.
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Toyota Motor Corp., the world&#39;s second- largest carmaker, had an unexpected drop in quarterly profit as earnings at its truck making unit fell and a stronger yen cut the value of its overseas sales.
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DuPont Co. , the No. 2 U.S. chemical company, on Tuesday reported lower-than-expected second-quarter profit due to lower U.S. volumes coupled with higher energy and raw material costs.
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US packaged food manufacturer ConAgra Foods has reported a 10.3% fall in second-quarter earnings due to the divestment of its meat processing activities, but earnings from continuing operations rose.
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Kicking off the new earnings season, aluminum company Alcoa Inc  reported on Monday that second-quarter profit slipped, but still matched Wall Street expectations, even though revenue fell short of forecasts.
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Avon Products Inc. , the  world's largest direct seller of cosmetics, on Monday said  second-quarter profit fell 54 percent on costs related to job  cuts and other restructuring moves.
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Altria Group Inc. , on Tuesday posted higher quarterly profit, as higher income from its stake in brewer SABMiller Plc , a lower tax rate  and the weak dollar offset weakness in domestic tobacco and its Kraft food business.
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Insurance and banking group Allianz reported a 7 percent drop in second-quarter net profit Monday as lower interest earnings offset an improved performance by its Dresdner Bank subsidiary.
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Tiffany & Company said yesterday that second-quarter profit fell 10 percent, hurt by a charge related to the sale of its Little Switzerland retail business, but sales beat expectations.
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Profits plummet in the second quarter, but the retailer looks to a brighter tomorrow.
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Toyota Motor Corporation, the world&#39;s second-largest carmaker, had an unexpected drop in quarterly profit as investment earnings declined at a truckmaking unit and a stronger yen cut the value of overseas sales.
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Chevron Corp. , the No. 2 U.S. oil company, said on Friday its fourth-quarter profit fell 9 percent, pulled down by weaker natural gas prices that have pared record earnings across the industry.
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Cosmetics maker Estee Lauder Cos. Inc.   posted a lower quarterly profit on Wednesday, dragged  down by a restructuring charge and a settlement with the U.S.  Internal Revenue Service.
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Chevron Corp. , the No. 2 U.S. oil company, said on Friday its fourth-quarter profit fell, pulled down by weaker natural gas prices.
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Blog: Slowing growth in display advertising led to a nearly 2 percent drop in net profit for Yahoo in the second quarter.
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The Altria Group, parent of the Philip Morris tobacco companies, posted stronger-than-expected quarterly profit on higher prices in the U.S. and the weaker dollar.