Lithia posts lower 4th-qtr earnings
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Car dealership group Lithia Motors Inc.  posted a 47 percent decline in fourth- quarter earnings on Thursday, as higher expenses more than offset a gain in new vehicle sales.
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California utility PG&E Corp.  posted lower fourth-quarter earnings on Thursday, hurt by severance costs from streamlining operations at its Pacific Gas & Electric utility.
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The copper miner said its fourth-quarter earnings fell 3 percent from a slew of one-time charges and higher costs, despite surging revenue.
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The company has signalled profits of between Â£285 million and Â£295 million, down on Â£311 million a year ago, following a poor run of sales.
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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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The company lowers its fourth-quarter and full-year earnings guidance.
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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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Limited Brands Inc.   on Thursday posted lower third-quarter earnings, and left its outlook for the fourth quarter and full year unchanged.
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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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3M Co  said on Tuesday fourth-quarter earnings fell as last year's results included a gain for selling a business.
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Two of Japan's big four banks said they had got over the worst of the bad loan problems overhanging their business and the economy but they also posted lower first-half earnings as loan demand remained soft.
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Midwestern lender Fifth Third Bancorp (FITB:Nasdaq - news - research) warned late Thursday that fourth-quarter earnings will fall far short of analyst expectations because the bank&#39;s securities portfolio got whacked by rising interest rates.
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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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Shares in telecommunications equipment maker Alcatel-Lucent SA fell Thursday to their lowest level after the company slashed its forecast for full-year revenue growth in its third profit warning since the start of the year
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CKE Restaurants Inc. (CKR.N: Quote, Profile, Research) , a fast-food chain operator, on Monday posted a smaller-than-expected earnings before charges, hurt by weaker
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Sempra Energy  said on Thursday its earnings fell in the fourth quarter, hurt by a $221 million charge related to its Argentine utilities.
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Asset manager Federated Investors (FII.N: Quote, Profile, Research) on Thursday reported lower quarterly profits as the firm&#39;s assets declined in difficult market conditions.