Chiquita slips on higher Q3 costs
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CHICAGO (CBS.MW) -- Higher operating costs are canceling out expense reductions and cutting into Chiquita Brands&#39; profit expectations for the third quarter, the company said Tuesday.
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Anheuser-Busch (BUD:NYSE - news - research) guzzled higher third-quarter profits thanks to a foreign acquisition and some price increases.
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The BellSouth Corporation, the third-largest Bell operating company, said yester that profit dipped 3.6 percent in the third quarter as expenses rose because of this summer's hurricanes and costs at its Cingular Wireless division.
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Sobering expectations â foreshadowed on Sunday when management announced the lower prices â weighed on the companyâs already drooping stock.
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The electronics retailer's third-quarter is impressive, but not enough for some.
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By Deborah Cohen CHICAGO  - Telecommunications equipment makerCiena Corp.  on Thursday reported a wider loss for thefiscal third quarter due to slack demand and forecast sales inthe current quarter would be little changed from the thirdquarter.
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Upgrades, emerging markets drive Q3 volumes up
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Del Monte Foods Co.  posted lower quarterly profit on Thursday due to rising ingredient costs and weak consumer demand for branded food and pet products.
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Shares fall as company warns on global economy, 4Q forecast misses analysts&#39; estimates by 2 cents. CHICAGO  - Diversified manufacturer 3M Co.
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Chiquita Brands International Inc  said on Monday it will cut management jobs and close facilities as part of a restructuring to generate annual cost savings of $60 million to $80 million, sending its shares up more than 7 percent.
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Vornado Realty Trust is being pressured to sweeten its counteroffer and pay more of it in cash and less in stock.
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Safeway Inc. SWY.N, the  third-largest U.S. grocer, on Tuesday reported a lower  quarterly profit as it grappled with lingering costs from a  labor strike in California earlier this year.
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3M Co. MMM.N on Monday reported a 17  percent rise in third-quarter earnings due in part to the weak  dollar, but the diversified manufacturer's results fell short  of Wall Street's estimates for the first time in nearly four  years, sending shares down 5 percent.
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Comcast (CMCSA:Nasdaq - news - research) came up short on the bottom line for the third quarter, but subscriber growth figures came in well ahead of Wall Street&#39;s expectations.
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CKE Restaurants has a hot burrito product, but is having trouble meeting earnings expectations.
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The candymaker cited lower sales, higher promotional costs and a charge to streamline operations.
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On Monday, Mexican cement tycoon and Motley Fool Stocks 2003 pick Cemex (NYSE: CX) dropped a 70-lb. bag of quick-set on the market: It has agreed to pay $4.