Barrick Gold Earnings Fall on Lower Sales
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TORONTO - Barrick Gold Corp., the world&#39;s second-largest producer of gold, reported slightly lower third-quarter earnings due to lower sales and higher costs, partly offset by higher gold prices.
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Apparel retailer Liz Claiborne Inc.  posted lower quarterly profit on Wednesday after charges for restructuring.
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Tiffany & Company said yesterday that second-quarter profit fell 10 percent, hurt by a charge related to the sale of its Little Switzerland retail business, but sales beat expectations.
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Slashed earnings estimate pulls down shares.
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Jewelry retailer Tiffany &amp; Co., dragged down by weaker-than-expected sales in Japan and higher precious metal and diamond costs, recorded a 26 percent drop in third-quarter earnings.
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Gold prices plunged on Monday below $600   an ounce for the first time in more than two months as   investors weighed bullion's prospects in the face of lower oil   prices.
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Goldman Sachs Group Inc. , the  No. 3 U.S. investment bank, on Tuesday said its third-quarter  earnings fell as trading revenues dropped.
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U.S. stocks ended lower on Tuesday as  investors were spooked by weaker-than-expected earnings from  aluminum producer Alcoa Inc. AA.N and chip maker Advanced  Micro Devices Inc. AMD.N issued a sales warning.
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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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Gold traded in a tight range above the previous day's 15-week low and platinum touched its lowest in nearly six months on Thursday, as investors were hesitant to make big moves because of general nervousness in the market.
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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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Caterpillar Inc , a manufacturer  of heavy construction and mining equipment, said on Friday its  quarterly earnings fell more than expected due to lower sales  of diesel truck engines, weakness in North American  construction markets, and higher production costs.
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Palm Inc.  posted lower  quarterly earnings on Thursday as increasing sales of its Treo  smartphones were offset by a downturn in its more profitable  handheld computers.
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The women's fashion retailer warns of lower earnings and sales.
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Retailer JJB Sports warns that profits will be lower than it expected on falling sales of replica shirts.
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U.S. investment bank Morgan Stanley on  Wednesday said quarterly profit fell amid reduced trading  revenue, reflecting the impact of sluggish markets this summer.
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The Clorox Company, the consumer products maker, posted a lower quarterly profit on Monday, hurt by rising costs for raw materials but helped by a lower tax rate.