Del Monte fourth-quarter profit falls
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Del Monte Foods Co. , maker of Meow Mix cat food, StarKist tuna and its own canned fruits, on Thursday posted a drop in quarterly profit, hit by higher costs for some items and lower seafood sales volume.
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Sempra Energy  said on Thursday  its earnings fell in the fourth quarter, hurt by a $221 million  charge related to its Argentine utilities.
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Automaker DaimlerChrysler AG said Thursday that its earnings fell 63 percent in the fourth quarter, with profits from luxury division Mercedes nearly evaporating.
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Credit Agricole  showed a continued slowdown in profit growth and reported weaker-than-expected revenues on Wednesday that caused shares in France's biggest retail bank to fall more than 4 percent.
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Fourth-quarter profit fell 8 percent on declining advertising sales at the companyâs newspapers and television stations.
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The company said fourth-quarter earnings fell from year-ago results that included a one-time gain. But adjusted profit exceeded expectations on Wall Street, driven by higher sales.
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The Washington Post Co. said yesterday that its fourth-quarter profit was down 7 percent, to $95.5 million from $102.4 million in the fourth quarter of 2005, despite a 10 percent gain in revenue.
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The drug maker said its fourth-quarter profit fell 70 percent from a year-ago period that included the sale of its consumer health business, but adjusted profit topped Wall Street expectations.
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Fourth-quarter profits fell at Texas Instruments Inc., although the big maker of chips for cell phones beat Wall Street's expectations.
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The company said fourth-quarter net profit fell 42 percent to 5.6 billion kronor ($880 billion) and announced it would cut 1,000 jobs as part of a cost-cutting strategy.
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CHARLOTTE, N.C. -- Duke Energy Corp., one of the largest electric power companies in the United States, said Tuesday its fourth-quarter profit fell sharply, weighed down by special charges and losses at several of its operating units.
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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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Station Casinos Inc. , which is in the process of a management-led buyout, on Wednesday said fourth-quarter profit fell as it took charges for a canceled residential project and some pre-opening costs for some planned expansions.
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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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Eli Lilly and Co.  said on Wednesday its fourth-quarter earnings fell, hurt by a number of special charges.
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McGraw-Hill Cos , the book and  magazine publisher and owner of Standard & Poor's, on Thursday  said fourth-quarter profit fell 31 percent, as disruptions in  global capital markets dampened demand for credit ratings.
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The soft drink maker said its fourth-quarter profit fell 31 percent from results a year ago that included a tax benefit from a settlement with the Internal Revenue Service.