Wendy's 4th-quarter net down 90 percent
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Wendy's International Inc.  reported a 90 percent drop in fourth-quarter net profit on Friday due to losses at the recently-sold Baja Fresh brand and costs for employee compensation and the burger chain's planned breakfast menu.
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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.
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The bank said fourth-quarter net income fell to $11.1 million, hurt by a tripling of credit losses and a bailout of money market mutual funds.
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Safeway Inc. said third quarter net income fell to 35 cents a share from 45 cents a year ago due to the continued impact of the Southern California strike that was settled in the first quarter of this year.
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Wachovia Corp , the fourth-largest U.S. bank, on Tuesday said quarterly profit fell a larger-than-expected 98 percent, hurt by write-downs relating to turmoil in mortgage and credit markets.
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SAN DIEGO San Diego-based Jack in the Box says profit for its latest quarter soared 32 percent. The fast-food chain says net income for the fourth quarter rose to 21-point-7 (m) million dollars from 16-point-4 (m) million a year ago.
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DUBLIN, Ohio - Wendy&#39;s International Inc. said Tuesday it expects a fourth-quarter loss because of a writedown of up to $195 million and a charge related to the closing of as many as 18 of its Baja Fresh Mexican Grill restaurants.
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California utility PG&E Corp.   posted lower fourth-quarter earnings on Thursday, hurt  by severance costs from streamlining operations at its Pacific  Gas & Electric utility.
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The company said fourth-quarter net profit fell 42 percent to 5.6 billion kronor ($880 billion) and announced it would cut 1,000 jobs as part of a cost-cutting strategy.
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Krispy Kreme Doughnuts Inc. (KKD.N: Quote, Profile, Research) on Thursday posted sharply lower quarterly earnings, signaled that the second half of the year would be weak and scaled back
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Fourth-quarter profit fell by 9 percent as energy prices declined, but the company still ended up with its third consecutive year of record earnings.
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BellSouth Corp. , the No. 3 U.S. telecommunications company, on Tuesday said its fourth-quarter operating earnings fell due to lower profits from its stake in Cingular Wireless and higher costs in its wireline telephone 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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California utility PG&E Corp.  posted lower fourth-quarter earnings on Thursday, hurt by severance costs from streamlining operations at its Pacific Gas & Electric utility.
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Wendy's International is exploring a possible sale of the company, the nation's third-largest hamburger chain said yesterday, as it warned that profit for the year would fall short of Wall Street expectations.
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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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Family Dollar Stores Inc. posted a nearly 10 percent drop in its fourth-quarter earnings Thursday, saying the &quot;difficult economic environment&quot; was hurting its performance.