Warner Music Group 1Q earnings plummet
31464
Warner Music Group Corp., home to recording artists such as Red Hot Chili Peppers, James Blunt and Daniel Powter, said Thursday its first-quarter profit fell 74 percent due to fewer albums released during the period and soft domestic and European sales. Its shares fell nearly 5 percent.
606777
While digital revenues were up 41 percent from last year, Warner Music's overall profits dropped 45 percent and revenues remained stagnant.
186834
Time Warner posts 40% fall in profits as AOL continues to struggle but cable and film businesses do well, helped by Will Smith's I am Legend.
90470
Printer maker Lexmark International Inc  on Tuesday said third-quarter profit fell sharply, and it would take restructuring steps that will affect about 1,650 jobs.
137487
Media giant Time Warner Inc. said Wednesday that third-quarter earnings declined year-over-year, and said it established $500 million in legal reserves related to pending government investigations and intends
682847
Higher ingredient prices and restructuring costs pushed General Mills&#39; first-quarter earnings down 19 percent, the cereal giant reported Tuesday.
611522
Time Warner Inc. (TWX) on Wednesday posted an 8 percent drop in quarterly net profit as it set up a $500 million legal reserve related to accounting probes at its America
546909
Warner Music took the unusual step as a private company of revealing financial results to show how its restructuring efforts under new owner Edgar Bronfman Jr. helped turn a loss into a pro forma operating profit.
665152
EMI said Warner Musicâs cash offer was not in the best interests of shareholders and placed too low a value on the company.
9579
Sales were lower than expected, and the quality of earnings is in question.
34568
Time Warner Inc. (TWX.N: Quote, Profile, Research) , the world&#39;s largest media company, on Wednesday reported a lower third-quarter profit and established a $500 million legal reserve
56661
Blockbuster Inc. BBI.N on Wednesday  posted a quarterly operating profit well below analysts'  estimates even before $1.5 billion in one-time charges, as it  faced falling movie rental demand and higher costs to counter  competition.
234660
The global recorded music market fell  for the seventh consecutive year in 2006, and the slide is  accelerating in 2007, according to figures published by a music  trade group.
648177
Creative Technologies Ltd., whose range of MP3 players competes with Apple&#39;s iPod and similar products from Sony Corp., said Thursday that its net profit plunged 84 percent in the fiscal first quarter on investment losses and higher costs.
624680
Phone company Qwest Communications International Inc  on Tuesday cut its earnings outlook for the year, sending its shares down 4 percent, though its quarterly profit rose with the help of a tax benefit and cost cuts.
120868
Company reports a decline in its router business during its quarterly earnings, which barely met analyst expectations.
171377
Global sales of recorded music slid 1.3 percent in the first half of 2004, but the rate of decline was slower than in previous years, a leading industry group said Thursday.