Applied reports lower first quarter net profit
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Applied Materials Inc  on Tuesday posted a lower quarterly profit as revenue declined 8 percent amid a slump in the semiconductor equipment manufacturing industry.
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As expected, the athletic-shoe retailer posts a loss in the first quarter.
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Altria Group Inc.  on Wednesday said quarterly profit fell 6.9 percent, weighed down by one-time charges at its Kraft Foods business and increased exposure to airline industry losses at its financial services unit.
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Digital video recorder maker TiVo  Inc. on Wednesday reported a loss that was weighed down by an  inventory writeoff, swinging back from a small profit reported  in the first quarter of this year.
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Design software maker Adobe   Systems Inc. ADBE.O on Thursday posted a lower quarterly   profit as expenses rose, but results topped average Wall Street   forecasts and shares rose 8 percent.
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The Clorox Company, the consumer products maker, posted a lower quarterly profit on Monday, hurt by rising costs for raw materials but helped by a lower tax rate.
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The chemical maker reported a quarterly profit that was lower than expected, in part due to weak demand from the housing and auto markets.
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Altria Group Inc. MO.N on Wednesday  said quarterly profit fell 6.9 percent, weighed down by  one-time charges at its Kraft Foods business and increased  exposure to airline industry losses at its financial services  unit.
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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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Kraft Foods Inc. KFT.N on Tuesday  posted lower quarterly profit, weighed down by restructuring  charges.
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Credit Suisse says first-quarter profit will be $1bn less than forecast after a write-down.
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Flextronics International Ltd.,  the No. 1 contract electronics manufacturer, on Monday posted a  quarterly profit versus a year earlier loss but a weak forecast  due to weakening consumer and communications demand sent shares  down nearly 8 percent.
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Applied Materials Inc  on Tuesday posted a quarterly profit that beat analysts' expectations as revenue declined 8 percent amid a slump in the semiconductor equipment manufacturing industry.
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Worker productivity grew at a slower than first estimated 1.0 percent annualized pace during the first quarter as the economy just inched ahead, driving up labor costs by 1.8 percent and backing fears inflation remains a concern, a government report on Wednesday showed.
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Hain Celestial Group Inc. said Wednesday that fiscal first-quarter net income fell slightly as the company incurred higher costs for ingredients and freight.
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Stock prices are lower in some early-session profit-taking. The Dow Jones Industrial Average is down 13 points in today&#39;s early going.
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DST Systems Inc. on Wednesday posted  lower fourth-quarter results compared with a year earlier when  it reported a net gain associated with an exchange transaction.