Charles River profit off 30%
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YESTERDAY Close $45.95 Change -$0.51 52-WEEK High $51.50 Low $33.73 The medical research and services company Charles River Laboratories International Inc. of Wilmington said fourth-quarter profit dropped 30 percent due in large part to a year-ago provision for income taxes.
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TORONTO (CP) - CIBC reported Thursday its quarterly profit fell by 14 per cent due to a $300-million charge related to litigation over loans to American energy trading firm Enron.
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Investor's Business Daily - The average 30-year fixed rate fell to 6.31% vs. 6.46% the week prior, while average 15-year rates dipped to 5.97% from 6.31%. One-year ARMs fell to 5.66% from 5.74%, Freddie Mac said. The government-sponsored lender said the dip could &quot;give some relief&quot; to borrowers looking to refinance loans or buy a home.
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Fourth-quarter profit fell 8 percent on declining advertising sales at the companyâs newspapers and television stations.
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Rates on 30-year and 15-year mortgages dipped this week, good news for prospective home buyers. Freddie Mac&#39;s weekly survey released Thursday showed that rates on 30-year, fixed-rate mortgages declined to
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The clothing retailer's profits take a hit on weather woes and bigger-than-expected markdowns
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Compass Group saw its share price slump by almost 25 percent after the British catering group warned future annual profits would be reduced by 30 million pounds (43.9 million euros, 53.5 million dollars).
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Boston Scientific Corp.  posted lower-than-expected quarterly profit on Friday as sales of its flagship drug-eluting heart stents fell by 32 percent.
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Second-quarter profit fell by two-thirds at plane and train maker Bombardier Inc. (BBDb.TO: Quote, Profile, Research) as its regional aircraft business lagged a rebound
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The InterContinental Hotels Group on Tuesday said that net profit almost halved last year to 231 million pounds.
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Pension costs have caused the country&#39;s second-biggest water utility Severn Trent to post a 6.5-percent fall in first-half profit, though the earnings have been overshadowed
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Â· Northern Rock shares drop 30% after rescueÂ· Bank websites down as customers panic
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The newspaper publisher reported profit of $365.7 million on the sale of several newspapers. Excluding the gain, earnings fell on weaker advertising.
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The Charles Schwab Corporation, the retail brokerage firm, said Wednesday that fourth-quarter profit fell 34 percent from the period a year ago, which included a tax gain and earnings from its U.S. Trust wealth management unit, which has since been sold.
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Bank of America Corp , the No. 2 U.S. bank, posted a much-larger-than-expected 32 percent drop in quarterly profit on Thursday, hurt by mounting credit losses and dismal investment banking results.
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Bank of America Corp. , the nation's largest retail bank, reported yesterday that third-quarter earnings plummeted 32 percent because of problems in mortgage and credit markets. But analysts said the bank's woes are unlikely to have an effect on consumers or businesses in Massachusetts, a market the bank dominates.
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Freddie Mac yesterday reported that its second-quarter profit fell by nearly half, in part because it set aside more money to cover expected losses from defaults on mortgages.