Sara Lee posts slight profit
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Sara Lee Corp.  on Tuesday  posted a quarterly profit before one-time items that beat  analysts estimates, but warned that it would not meet long-term  sales and margin goals as soon it had promised.
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The DVR pioneer turns a profit for its latest quarter.
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Warner Music Group Corp on Friday  posted a fourth quarter profit helped by gains from litigation  against online music service Kazaa, but sales fell due to a  weak release schedule compared with a year ago.
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NEW YORK Chicago-based stock-exchange operator Archipelago Holdings Incorporated says earnings per share fell, though revenue rose slightly.
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Clothing retailer Talbots Inc. TLB.N  on Wednesday posted a slight increase in quarterly profit,  meeting its lowered forecast, as it sold more merchandise at  full price and recorded a tax benefit.
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A second-quarter profit doesn't erase concerns about this gambling company.
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The restaurant chain meets Q1 earnings, but lowers guidance for fiscal 2005.
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The electronics retailer said it swung to a third-quarter profit, overcoming lower revenue by cutting costs and selling more high-margin items.
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Yahoo Inc.  reported a dip in quarterly profit on Tuesday as corporate advertisers spent less on its online ads, and the company gave a weaker-than-expected forecast for the rest of 2007.
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Amazon.com Inc  on  Wednesday issued quarterly earnings and full-year sales  forecasts ahead of Wall Street targets, but profit margins  declined in what one analyst called a disappointment.
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Sun Microsystems Inc.  on Thursday reported a small quarterly net profit, reversing a year-earlier loss, as narrower costs offset a slight revenue decline.
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Sara Lee Coffee & Tea said Wednesday  it was raising its retail coffee prices to keep pace with 14  percent hikes by other major roasters as global bean supply  next year shifts from surplus to deficit.
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Greeting card maker American Greetings  Corp. AM.N on Wednesday posted a quarterly profit, reversing  a year-earlier loss, as licensing income and lower costs offset  flat sales.
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Jewelry retailer Zale Corp. on Wednesday said its second-quarter profit edged up, the gain limited by one-time charges and flat 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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(InfoWorld) - Samsung Electronics saw a sharp fall in operating profits during the three months from April to June due to theÂ weak marketÂ for computer memory chips. Prices of the chips, which are used for the main memory in personal computers, fell because supply exceeded demand. That hit Samsung because it's one of the world's largest makers of DRAM (dynamic RAM) chips. The company said operating profit was 910 billion won ($985 million) as of the last day of the period being reported), which is down from 1.4 trillion won ($1.5 billion) in the second quarter of 2006. Net profit, which is a wider measure of profitability and includes subsidiaries and non-core operations, was down slightly at 1.42 trillion won from 1.5 trillion won a year earlier. Net sales were up 4 percent to 14.6 trillion won. "Despite the dire business environment, such as the precipitous fall of DRAM (dynamic RAM) prices and seasonality, we have posted a decent result in Q2," said Chu Woosik, head of investor relations at Samsung, in a conference call with analysts. Profits at Samsung's semiconductor unit dropped by two-thirds as a result of the weak DRAM market. The good news, said Chu, is that the DRAM market is already starting to show signs of a turn-around, thanks to interest in Windows Vista PCs, which require more memory. During the remainder of the year the market for DRAM chips is expected to be strong, he said. Strong demand for Apple's iPhone and competing handsets are alsoÂ expected to keep up pricesÂ and profits for NAND flash memory, which is Samsung's other major memory chip product, strong. Chu said Samsung is in talks with several consumer electronics companies about supplying chips for as-yet-unannounced portable media players with video. Samsung's cellphone handset business was one of the brightest spots in the results. The company shipped a record 37.4 million phones in the quarter thanks to the popularity of its thin "Ultra" edition handsets. The second quarter was the fourth consecutive quarter in which Samsung reported record sales. As a result Samsung said it now expects to ship more than 150 million phones this year, up from its previous target of 133 million. The LCD (liquid crystal display) business enjoyed brisk business and Samsung shipped a record 2 million displays in the 40-inch and above class. Sales rose by 17 percent and operating profits surged 290 percent. Looking ahead, Chu said Samsung expects the remainder of the year to be strong for the company. "We are very optimistic about the second half," he said. "We are expecting all of our major business units to experience very high levels of demand and recovery starting from Q3. As a result of such an improvement coupled with our vigorous attempts to reduce cost, we are hoping to see significant improvements in the bottom line in Q3. We expect this nice recovery to last throughout the rest of the year." Â
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Interpublic posted slightly lower quarterly revenue but swung to a profit as expenses fell and public relations clients increased spending.