J.C. Penney profit better than expected
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Department store operator J.C. Penney Co.  reported better-than-expected fourth-quarter earnings on Thursday as private brands aided profit margins.
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Kellogg Co. K.N on Monday said  quarterly profit rose a better than expected 7 percent, as the  world's largest cereal maker was helped by strong sales of new  products and a weaker U.S. dollar.
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J. C. Penney reported better-than-expected fourth-quarter earnings but its shares fell sharply after it forecast first-quarter profit below Wall Street estimates.
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J.C. Penney Co. Inc. said on Thursday  its September sales at department stores open at least a year  rose 2 percent.
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Circuit City Stores Inc. CC.N on   Wednesday reported higher-than-expected quarterly profit,   driven by strong sales of flat-panel televisions and laptop   computers during the back-to-school shopping season, and   fine-tuned its sales forecasts higher.
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Procter & Gamble Co.   on Wednesday posted higher quarterly profit, boosted by sales of new products and continued gains in developing markets.
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Heinz posted a greater-than-expected 23 percent rise in quarterly profit, aided by higher prices and increased sales of new ketchup and soup products.
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Hormel Foods Corporation posted a higher quarterly profit and gave a forecast for current-quarter earnings that was higher than analystsÂ estimates.
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J.C. Penney Co. Inc.  said on Thursday June sales at its department stores open at least a year fell a smaller-than-expected 1.5 percent, helped by strong early back-to-school sales, sending shares up 3.3 percent.
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J.C. Penney Co. Inc. said on Thursday its September sales at department stores open at least a year rose 2 percent.
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Software maker Computer  Associates  International Ltd. CA.N, on Wednesday posted  better-than-expected quarterly results and said full-year  earnings will exceed Wall Street estimates, aided by  cost-cutting.
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H.J. Heinz Co  on Friday forecast quarterly profit higher than analysts' estimates, helped by higher prices and sales volume increases across its businesses.
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CVS Corp. CVS.N, the No. 2 U.S.  drugstore chain, on Wednesday reported a 12 percent rise in  quarterly profit as sales were boosted by its purchase of more  than 1,200 Eckerd drugstores from J.C. Penney Co. Inc. JCP.N  last year.
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Johnson & Johnson  on Tuesday said second-quarter profit rose on higher sales of medical devices and prescription drugs, beating Wall Street expectations on especially strong demand in overseas markets.
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Department store operator J.C. Penney  Co. Inc. JCP.N on Tuesday posted a second-quarter operating  profit, reversing a year-earlier loss, helped by inventory  controls and strong department store sales.
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The retailer's earnings improve a lot despite soft sales.
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The outlook for the holiday season grew more positive Tuesday after major retailers, including Wal-Mart Stores Inc. and J.C. Penney Co. Inc., offered bullish comments about consumer spending as they reported solid earnings increases for the third quarter.