Yum Brands' 4th-qtr earnings top estimates
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Fast-food company Yum Brands Inc.  on Monday reported a 2.6 percent rise in quarterly earnings as a lower tax rate and strength in China and other international markets offset fallout from an E. Coli outbreak at some Taco Bell restaurants in the United States.
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Issaquah-based Costco Wholesale Corp. reported better-than-expected financial results on a number of fronts Thursday, and was rewarded by investors who bid up its shares by more than 4 percent.
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Kellogg Co. says it expects low single-digit growth and somewhat lower margins during the fourth quarter, but the cereal and snack maker still has increased its overall earnings
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Yum Brands Inc.  shares fell 2.4 percent on Friday after an analyst downgraded the stock due to concerns about slowing sales momentum in the United States and difficult upcoming sales comparisons at KFC and Taco Bell.
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The pharmaceutical firm releases fourth-quarter financials.
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The company, which makes products ranging from automotive coatings to genetically modified seeds, said it expected 2007 earnings to be at the upper end of its previously announced range of $3.15 to $3.20 a share.
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The company earned $1.21 billion in the fourth quarter as it benefited from sales growth in key soft-drink brands and in its water, sports drink and orange juice categories.
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Baxter International Inc. on Thursday reported earnings from continuing operations of 42 cents a share, in line with analysts&#39; expectations.
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The company posted first-quarter profit of $288.9 million as rising revenue offset higher ingredient costs and increased spending on marketing.
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Yum Brands Inc.  shares fell 3.5 percent on Friday after an analyst downgraded the stock due to concerns about slowing sales momentum in the United States and difficult upcoming sales comparisons at KFC and Taco Bell.
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U.S. meat company Tyson Foods Inc.,   said its cost-cutting efforts are on track as it works to   restore profits, but that it expects only break-even or a loss   of up to 10 cents per share for the fiscal fourth quarter,   which ends September 30.
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Whole Foods Markets Inc.&#39;s earnings surged in the latest quarter from a year earlier, due to new stores, higher margins and healthy sales growth.
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The cereal and packaged foods company earned $390.5 million as revenue growth offset rising ingredient costs, marketing spending and recall expenses.
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The company said it earned $52 million in the fourth quarter on strong U.S. and international sales. Its shares climbed more than 7 percent in morning trading.
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Capital One Financial Corp.  said on Thursday it expects to report fourth-quarter earnings of around 60 cents per share, and warned that its full-year results would fall below its previous outlook.
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The company posted fourth-quarter profit of $414.9 million, helped by growth in emerging markets and the weaker dollar.
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The hamburger chain Wendyâs International said that fourth-quarter earnings more than quadrupled from a year ago, but it fell short of Wall Street expectations.