Schlumberger profit rises but misses forecasts
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Schlumberger Ltd , the world's largest oilfield services company, posted a 22 percent rise in fourth-quarter profit on Friday but missed Wall Street forecasts because of weakness in the U.S. market.
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Halliburton Co. , the world's second-largest oil services company, said on Monday that second-quarter profit from continuing operations rose 19 percent, topping Wall Street estimates, on strength in international markets and better-than-expected revenue.
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Oilfield and information services firm Schlumberger Ltd. said Thursday that third-quarter sales and profit missed Wall Street expectations as hurricanes and a slowdown in drilling activity in Mexico hurt results.
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Exxon Mobil Corp. , the world's largest publicly traded oil company, on Thursday reported a rise in quarterly profit, driven by soaring oil and gas prices in the quarter.
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Starbucks Corp.  on  Wednesday posted 16 percent quarterly profit growth but showed  its weakest monthly same-store sales rise in four-and-a-half  years, missing Wall Street estimates and sending shares down 9  percent.
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The oilfield services provider said fourth-quarter profit rose almost 5 percent from a year ago, helped by growing business in the Eastern Hemisphere.
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The company said earnings jumped because of shipments recovered after a labor dispute and a rise in demand for specialty metals used in power plants.
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Anheuser-Busch Cos Inc  said on Wednesday quarterly profit rose as the nation's largest brewer sold more beer at higher prices.
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Sprint Nextel Corp.  posted a higher quarterly profit on Wednesday and its shares rose 6 percent after the company reassured investors by repeating its forecast for a turnaround in subscriber losses.
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The company said profit dipped slightly due in part to higher energy and materials costs and more investment in advertising, but still matched Wall Streetâs expectations.
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Deere & Co.  said on Tuesday its quarterly earnings rose a better-than-expected 19 percent, but it forecast lower profits and flat sales in 2007 as weakness in the housing market weighs on sales.
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Alcoa Inc., the world&#039;s largest  aluminum producer, said on Monday that second-quarter profit  soared on higher metal prices and strong aerospace demand,  although revenue fell below Wall Street expectations and the  stock fell.
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Anheuser-Busch Cos. Inc. reported a slight rise in third-quarter earnings Wednesday, despite a general slowdown in its beer business.
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The company said third-quarter profit rose more than expected, boosted by higher aircraft deliveries, but it scaled back next yearâs forecast due to delays on its  787 Dreamliner.
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Kroger Co., the top U.S. grocer, on  Tuesday posted a 29 percent rise in quarterly profit due to  cost controls, but price cuts to lure shoppers caused earnings  to miss Wall Street estimates and shares fell.
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Loews Corp. , the conglomerate  run by the Tisch family, reported a nearly six-fold increase in  fourth-quarter profit on Monday, helped by gains at its  insurance and oil drilling units.
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Profits rise at No. 1 insurer but miss forecasts; sees no big financial effect from Spitzer probe. NEW YORK  - American International Group said Thursday its third-quarter earnings rose despite losses