EMC posts lower second-quarter profit
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EMC Corp. , the world&#039;s largest  maker of corporate data-storage equipment, on Friday reported  lower quarterly profit after supplies of a key new product  failed to keep up with demand.
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AMR Corp , parent of the world's largest airline American Airlines, on Wednesday posted a second quarter profit that fell short of Wall Street expectations, weakened by severe weather disruptions.
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LONDON : British music group EMI reported a fall in interim profits as sales dropped by 11.4 percent, reflecting a release schedule skewed towards the second half and the strength of sterling.
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Euronext has announced weaker than expected second quarter operating profit and said its proposed tie-up with the New York Stock Exchange would be finalised early next year.
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VMWare sales up 89 percent Brisk corporate spending on storage devices lifted EMC's second-quarter profit by 20 percent and caused the company to boost - slightly - its estimate for the year. But investors drove down EMC shares, proving that sometimes good isn't good enough.â¦
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Ericsson, the world's biggest supplier of mobile telecommunication systems, has reported a slight drop in second-quarter net profit as the acquisition of British group Marconi in 2005 continued to weigh on earnings.
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The consumer electronics retailer said 2nd-quarter profit rose to $250 million on strong international results and tighter spending controls.
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Transportation giant Bombardier Inc. said Wednesday that its second-quarter profit slid to $23 million from $68 million a year ago, but showed a sharp improvement from the first quarter&#39;s $174 million loss.
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Profits plummet in the second quarter, but the retailer looks to a brighter tomorrow.
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EMI Group, the world's third-biggest music company, has issued its second profit warning in little over a month, blaming the move on an &quot;unprecedented&quot; decline in US sales of compact discs.
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The nationâs second-largest buyer of home mortgages said its second-quarter profit declined partly as a result of larger provisions for bad loans.
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Reversing a year-earlier loss, Sun Microsystems this afternoon reported second-quarter net profit of $28 million and revenue of $2.84 billion.
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HARTFORD, Conn. -- General Electric reported second-quarter profits of $5.4 billion Friday and said it was getting out of the U.S. mortgage business .
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Troubled retailer Toys "R" Us Inc. reported Monday that the company swung to a profit in the latest second quarter, compared with a loss in the year-ago period.
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US grocery retailer Kroger has reported lower second-quarter net earnings, hit by the early redemption of debt and the continuing after-effects of the labour dispute in Southern California.
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EMC Corp , the top maker of corporate data storage equipment, reported a 74 percent rise in quarterly profit and doubled its stock buyback program to $2 billion, sending shares up 4 percent on Thursday.
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Electrolux AB, the world&#39;s biggest maker of household appliances, said second-half profit will be less than forecast as costs for materials including steel surge.