Colgate Profit Falls on Charge, Spending
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Colgate-Palmolive Co. CL.N said on  Thursday its quarterly profit fell as the maker of toothpaste  and other consumer products took a charge for its restructuring  plan and spent more on advertising.
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Comcast Corp., the nation&#39;s biggest cable television company, reported a sharp decline in its profit for the third quarter from results a year ago that included a big gain on the sale of its interest in the home shopping network QVC Inc.
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Tribune Co. (TRB.N: Quote, Profile, Research) on Thursday said quarterly profit slumped 32 percent, hurt by costs to reimburse advertisers after a circulation scandal
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Costco Wholesale Corp.  on  Thursday said its quarterly profit fell, hurt by charges for  expensing stock options.
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US investment bank Morgan Stanley on Wednesday said quarterly profit dropped by a third on lower bond trading revenue, weak equities results and higher expenses, falling
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Fourth-quarter earnings dropped 30 percent to $128.9 million on restructuring and other charges, but the results still beat analystsâ estimates.
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Warehouse retailer Costco Wholesale Corp. said Thursday its fiscal third-quarter profit declined 4.9 percent due to a charge, but sales advanced at a double-digit pace.
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Tribune said its third-quarter earnings dropped 7 percent, beating expectations, adding that the housing slump and lower consumer spending worsened advertising revenue.
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Colgate-Palmolive Co. warned Monday that second-half earnings will fall well short of Wall Street forecasts due to higher marketing spending.
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Costco Wholesale Corp.  on Thursday said its quarterly profit fell, hurt by charges for expensing stock options.
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Colgate-Palmolive Co. CL.N on Monday  warned that second-half earnings will fall well short of Wall  Street forecasts due to higher marketing spending.
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CHICAGO - Tribune Co. said Thursday its third-quarter profits dropped 33 percent, pushed lower by investment losses and the cost of settling with advertisers following circulation scandals at two of its newspapers.
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Colgate-Palmolive Co. will cut about 4,440 jobs and close a third of its factories and put the savings into advertising and product development amid rising competition with Procter &amp; Gamble Co.
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Colgate-Palmolive Co. CL.N on Monday  issued its first formal profit warning in almost a decade,  citing higher marketing spending and raw-material costs,  sending its shares down 11 percent to a four-year low.
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The newspaper publisher and television station operator said  third-quarter profit fell to $2.5 million as ad revenue slumped.
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Household and personal care products leader Procter & Gamble Co  and smaller rival Colgate-Palmolive Co  both posted double-digit quarterly profit increases on Tuesday, but P&G's shares fell as its full-year outlook disappointed analysts.
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The company said on Friday that its profit fell on price declines for its mainstay computer memory chips, but expressed confidence a rebound in the market would bolster earnings.