McGraw-Hill Profit Falls 31 Percent
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The book and magazine publisher, and owner of Standard & Poorâs, said fourth-quarter profit was hurt as disruptions in global capital markets dampened demand for credit ratings.
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PepsiCo Inc  reported lower  quarterly profit on Thursday, hurt by a higher tax rate and a  decline in sales volume of carbonated soft drinks.
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PITTSBURGH  â United States Steel reported substantially lower fourth-quarter profits on Tuesday, as acquisition costs, European job cuts and lower prices weighed down results.
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U.S. home goods retailer Bed Bath & Beyond Inc  posted a lower quarterly profit on Thursday and warned its fourth-quarter results would be lower than expected, sending its shares down almost 10 percent.
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The newspaper publisher and television station operator said fourth-quarter profit dropped 70 percent, hurt by a write-down and less political advertising revenue.
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Fourth-quarter earnings dropped 30 percent to $128.9 million on restructuring and other charges, but the results still beat analystsâ estimates.
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Gannett Co. Inc. , the largest U.S. newspaper publisher, said on Wednesday its quarterly revenue fell because of weaker advertising sales at its local papers, while profit rose with the sale of four papers.
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Loews Corp  said on Monday  fourth-quarter profit fell 31 percent, hurt by subprime  investment losses at its CNA Financial Corp  insurance  business and weaker results in its tobacco and drilling units.
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Xerox Corp , the world's biggest supplier of office printers, copiers and related services, on Friday said quarterly earnings fell from a year earlier, when it benefited from a tax-related gain.
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U.S. Steel Corp  said on Tuesday third-quarter profit fell 35 percent because of weaker tubular steel prices and declines in European shipments, and said its fourth-quarter earnings would be even lower.
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The newspaper publisher and television station operator said  third-quarter profit fell to $2.5 million as ad revenue slumped.
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Discount retailer Ross Stores Inc. Wednesday said its profit fell about 40 percent in the latest quarter due to problems with a new computer system that limited the company's ability to respond to changes in customer demand.
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The printer maker said its second-quarter profit declined 16 percent, to $64.2 million, on lower consumer segment sales and higher costs.
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Profit fell 94 percent in the third quarter as sales fell in the companyâs cell phone business, but it forecast better-than-expected fourth-quarter results.
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Nippon Telegraph and Telephone Corp., Japan's top telecommunications company, reported a 21.8 percent drop in profit for the April-December period Monday due to declines in voice and fixed-line operations.
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Apparel retailer Talbots Inc.   said on Wednesday that quarterly net profit fell, hurt by heavy  markdowns and declining sales at its flagship Talbots chain.
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Apparel retailer Talbots Inc.  said on Wednesday that quarterly net profit fell, hurt by heavy markdowns and declining sales at its flagship Talbots chain.