John B. Sanfilippo&#39;s Profit Plunges
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Nut and snack-food company John B. Sanfilippo &amp; Son Inc. reported a 64 percent decline in first-quarter profit as almond demand exceeded expectations and raw material costs increased.
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Japan's Sanyo Electric Co. Ltd. reported a swing to an annual operating profit after cost cuts more than offset sluggish digital camera sales, but it forecast an unexpected earnings decline for this year.
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US stocks&#39; drop amid the release of third-quarter earnings reports may reflect concern that next year&#39;s profit growth will slow even more than forecast.
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French-US telecom equipment maker Alcatel-Lucent issued its second profit-warning of the year Thursday, sparking a sharp fall in the group&#39;s share price despite management assurances the merger of the two groups would prove fruitful.
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Albertsons Inc., the No. 2 US grocer, Tuesday reported a substantial drop in its quarterly profit as heavy promotions to revive its Southern California sales after a strike bit into its profit.
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Korean LCD-maker suffers huge decline in earnings.
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Luxury home builder Toll Brothers   on Thursday reported sharply lower quarterly net  income, hurt by a downturn in the U.S. housing market.
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Aug. 19 (Bloomberg) -- Shares of JJB Sports Plc, Britain&#39;s largest sporting-goods retailer, had their biggest decline in at least two years after the company said profit this fiscal year may be about 20 percent less than forecast amid declining sales.
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Profits take a plunge, but the stock price is stable.
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Australian newspaper publisher John  Fairfax Holdings Ltd.  said its first-half net profit  fell 2.7 percent amid tough conditions in some markets and as  it made acquisitions to deter potential predators.
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The company has signalled profits of between Â£285 million and Â£295 million, down on Â£311 million a year ago, following a poor run of sales.
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Mizuho and Sumitomo Mitsui, two of Japan&#39;s biggest banking groups, reported lower profits for the first fiscal half despite some progress in getting rid of bad debts.
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Nokia Oyj, the world&#39;s largest mobile- phone maker, said profit may drop for a second straight quarter. Earnings fell 20 percent in the three months ended in September because the company cut prices to regain market share.
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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.
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First-half earnings of Shanghai Petrochemical plunge    HONG KONG, Aug. 31 (Xinhua) -- The pre-tax profit of Shanghai Petrochemical, an oil refiner under Sinopec, plummeted 97.6 percent to 52.7 million yuan (6.6 million U.S.
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Shares of Fifth Third Bancorp  fell 7.6 percent before the bell on Friday the morning after the ninth-largest U.S. bank said fourth-quarter profit will fall well short of analysts' forecasts,
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Sanyo shares fall to a 31-year low in Tokyo after 1.3 million of its mobile phone batteries are recalled.