Warner Music quarterly profit drops
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Warner Music Group Corp.  on Thursday posted a 74 percent drop in its quarterly profit and fell short of Wall Street expectations on a weaker album release schedule than a year before.
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Interpublic posted slightly lower quarterly revenue but swung to a profit as expenses fell and public relations clients increased spending.
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Blockbuster Inc. BBI.N on Wednesday  posted a quarterly profit well below analysts' estimates even  before $1.5 billion in one-time charges, as it faced falling  movie rental demand and higher costs to counter competition.
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Motorola Inc  on Thursday posted a quarterly profit from continuing operations in the third quarter but revenue fell.
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Campbell Soup Co  posted lower quarterly profit on Friday, hurt by higher commodity costs and promotional spending.
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Warner Music Group said Thursday that it had dropped its lawsuit against video sharing site imeem, as the two sides agreed on a revenue sharing deal.
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Chevron Corp. , the No. 2 U.S. oil company, said on Friday its fourth-quarter profit fell, pulled down by weaker natural gas prices and refining margins.
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Sony Corp. posted a 13 percent drop in quarterly profit on Thursday due to sliding prices of TVs, DVD recorders and video cameras and its failure to overtake Apple Computer's iPod in the portable audio market.
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Warner Music Group Corp. reported on  Thursday a worse-than-expected 74 percent drop in quarterly  profit as its artists had fewer big hits, sending shares more  than 5 percent.
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Media giant Time Warner Inc. said Wednesday that third-quarter earnings declined year-over-year, and said it established $500 million in legal reserves related to pending government investigations and intends
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Lehman Brothers Holdings Inc   said on Thursday that quarterly earnings fell, hurt by  declining fixed-income revenues.
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Sony Corp. posted a 13 percent drop in  quarterly profit on Thursday due to sliding prices of TVs, DVD  recorders and video cameras and its failure to overtake Apple  Computer's iPod in the portable audio market.
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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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Lowe's Cos.  reported lower  quarterly profit on Friday as the battered U.S. housing market  hurt sales.
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A continuing decline in advertising revenue pushed second quarter profits lower at two major publishers.
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McGraw-Hill Cos , the book and  magazine publisher and owner of Standard & Poor's, on Thursday  said fourth-quarter profit fell 31 percent, as disruptions in  global capital markets dampened demand for credit ratings.
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Countrywide Financial Corp , the largest U.S. mortgage lender, on Tuesday said quarterly profit slid 33 percent and slashed its full-year earnings outlook, hurt by rising defaults as the housing market slumps.