Altria 2nd-quarter profit falls
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Altria Group Inc.  posted lower  quarterly profit on Wednesday, due in part to costs for closing  a U.S. cigarette plant as it moves some production to Europe in  a move to cut costs and reduce excess capacity.
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NVR, the Washington area's largest home builder, yesterday reported that second-quarter earnings plummeted 52 percent, a result of continued weak demand and excess inventory.
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DuPont Co. , the No. 2 U.S.  chemical company, on Tuesday reported lower-than-expected  second-quarter profit due to lower U.S. volumes coupled with  higher energy and raw material costs.
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The profit decline by Sears Holdings, the combination of Sears and Kmart, will be the second consecutive quarter of steeply falling profits for the retailer.
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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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Packaged foods giant ConAgra Foods Inc. reported a 10 percent drop in second-quarter profits on Wednesday, citing lost revenue from discontinued operations.
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Net profit dropped at the consumer products maker to 721 million euros ($1.04 billion) in the last three months of 2007, from 2.03 billion euros a year earlier.
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Altria Group Inc. MO.N, on Tuesday  posted higher quarterly profit, as higher income from its stake  in brewer SABMiller Plc SAB.L and the weak dollar offset  weakness in domestic tobacco and its Kraft food business.
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HORSHAM, Pa. -- Luxury homebuilder Toll Brothers Inc. said Thursday its fiscal second-quarter profit fell sharply, as the company took hefty charges to write down property values amid continued weakness in the housing market.
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Toyota Motor Corporation, the world&#39;s second-largest carmaker, had an unexpected drop in quarterly profit as investment earnings declined at a truckmaking unit and a stronger yen cut the value of overseas sales.
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Second-quarter profit fell by two-thirds at plane and train maker Bombardier Inc. (BBDb.TO) as its regional aircraft business lagged a rebound in the business jet market, the company said on Wednesday.
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Kicking off the new earnings season, aluminum company Alcoa Inc  reported on Monday that second-quarter profit slipped, but still matched Wall Street expectations, even though revenue fell short of forecasts.
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DuPont Co.'s  second-quarter  profit fell as price hikes for its products failed to offset  increases in energy costs, the No. 2 U.S. chemicals maker said  on Tuesday.
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The company said that one-time costs and a recall of Easy-Bake Ovens drove its second-quarter profit well below year-ago results.
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Shares in Fremont General dropped 19 percent after a rescue plan was abandoned, while Luminent Mortgage Capital said second quarter profits were lower than initially reported.
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ConAgra Foods Inc., the third-largest US food company, said earnings fell to $242.3 million, or 47 cents a share, in the second quarter ended Nov. 28.
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US packaged food manufacturer ConAgra Foods has reported a 10.3% fall in second-quarter earnings due to the divestment of its meat processing activities, but earnings from continuing operations rose.