Toll Brothers quarterly profit falls sharply
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Toll Brothers Inc., the largest U.S. builder of luxury homes, on Thursday said its quarterly net earnings fell sharply, after a goodwill impairment charge and a writedown for the lower value of land and as the housing market continued to flounder.
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Marsh &amp; McLennan  posted a bigger-than-expected drop in quarterly profit as it digested higher costs and hefty restructuring charges.
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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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Bradford & Bingley reports a sharp fall in profits after writing down the value of its sub-prime assets.
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Luxury home builder Toll Brothers  said quarterly profit fell 79 percent, hurt by the U.S. housing slump, but its shares rose on Thursday along with its sector after government data showed a better-than-expected rise in new home sales.
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Company reports a decline in its router business during its quarterly earnings, which barely met analyst expectations.
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Luxury home builder Toll Brothers Inc.   on Thursday said it expects to report a 19-percent drop  in home-building revenue.
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The soft drink maker said its fourth-quarter profit fell 31 percent from results a year ago that included a tax benefit from a settlement with the Internal Revenue Service.
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Building products maker  Louisiana-Pacific Corp. LPX.N on Monday posted a sharply  lower quarterly profit, hurt by pricing pressures and higher  costs for fiber, resin and energy, and an unexpectedly high tax  rate.
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The bank said its fourth-quarter earnings fell sharply,  to $268 million from $5.26 billion a year earlier, hurt by mounting credit losses and weak investment banking results.
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Toll Brothers Inc., the largest U.S.  builder of luxury homes, on Thursday said its quarterly net  earnings fell sharply, after a goodwill impairment charge and a  writedown for the lower value of land and as the housing market  continued to flounder.
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Hershey Co  on Thursday posted a sharp drop in quarterly profit, hurt by sluggish sales, restructuring charges and soaring costs for ingredients.
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The largest U.S. mortgage lender said quarterly profit slid 33 percent and slashed its full-year earnings outlook, citing rising defaults as the housing market slumps.
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Toll Brothers Inc. , which builds luxury homes, on Tuesday reported lower quarterly earnings amid continuing softness in some of the once-hottest U.S. housing markets.
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Cell phone maker Motorola Inc. on Wednesday said net profits fell sharply in the fourth quarter, and it warned that the recovery in its struggling handset unit will take longer than expected.
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Toll Brothers Inc.  on Thursday said the weak U.S. housing market drove down its quarterly profit by 67 percent after write-downs for lower land values, and the luxury home builder lowered its forecast.
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Soaring fuel bills and the aftermath of terror attacks push profits at transport group Go-Ahead lower.