Puma says 4Q profits down 26 percent
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Puma AG, the maker of athletic shoes, shirts and other sporting goods, said Monday its fourth-quarter profit fell 26 percent as it tries to broaden its product base and expand into new regions.
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Bank of New York Mellon Corp  said on Thursday fourth-quarter profit fell, reflecting a one-time gain a year earlier.
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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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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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British fashion house Burberry Group Plc   met forecasts with a 4 percent fall in annual  operating profit on Thursday and said it was confident about  the future.
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Clothing retailer Gap Inc.  on Thursday reported a 26 percent drop in quarterly profit due to sluggish sales at established stores and losses at its failed Forth & Towne business.
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UK sports retailer JJB says its profits are set to fall 20% below market forecasts as  bad weather and tough competition hit sales.
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General Motors said that soaring health care costs and problems with its European division caused its fourth-quarter profits to fall by more than a third.
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Citing its acquisition of MedImmune and falling demand for its ulcer treatment,  the drugmaker said earnings fell to $1.27 billion in the fourth quarter.
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The company reported fourth-quarter profit of $85 million on weakness in its risk and insurance services business.
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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 fell 52 percent due to restructuring and a $1.7 billion rise in spending on materials and energy, but the results topped analystsâ  estimates.
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The power company said fourth-quarter profit fell to $271 million, hurt by discontinued operations and higher plant maintenance costs.
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NUREMBERG, Germany  - Puma's  fourth-quarter earnings fell sharply despite a jump in sales, after costs at the German sports goods firm surged as it spent more to improve marketing and introduce new shoes and clothes.
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The Washington Post Co. said today its fourth-quarter profit was down 6.7 percent to $95.5 million, from $102.4 million in 2005, despite a 10 percent gain in revenue.
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The Campbell Soup Company said yesterday that fourth-quarter profit declined 20 percent, the biggest drop in more than two years, as costs for marketing and job cuts rose.
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JJB Sports has warned that full-year profits will come in around 20 percent lower as a dismal summer and tough competition hits sales of T-shirts and shorts, sending its shares 19 percent lower.