Starwood Hotels profit falls on charge
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Starwood Hotels & Resorts Worldwide Inc  said on Thursday that third-quarter earnings fell, burdened by a charge for asset impairments.
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WASHINGTON  â The hotel operator Marriott International said Thursday that its fourth-quarter earnings fell 20 percent, hurt by the closing of its synthetic fuel business.
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UTStarcom Inc. on Tuesday said its third-quarter profit plummeted, but beat Wall Street expectations. The networking products company reported earnings of $5 million, or 4 cents per share, down from $59.
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Marriott International Inc.  on  Thursday said its third-quarter net income fell 5 percent on  flat sales, but the top U.S. hotel operator's profit still beat  Wall Street expectations.
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HORSHAM, Pa. -- Luxury homebuilder Toll Brothers Inc. said Thursday its fiscal second-quarter profit fell sharply, as the company took hefty charges to write down property values amid continued weakness in the housing market.
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PARIS - French hotels group Accor SA on Wednesday reported a 24 percent drop in first-half net profit as its brands such as Sofitel and Motel 6 suffered from the uneven recovery in the global travel market.
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Time Warner Inc., the world&#39;s largest media company, said third-quarter profit fell 7.8 percent after it set aside $500 million to resolve government investigations into its accounting practices at America Online.
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Marriott International Inc  said on Thursday that quarterly net profit fell on a loss from discontinued operations, but robust demand at its overseas hotels supported earnings from continuing operations.
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Starwood Hotels & Resorts Worldwide  Inc.  on Thursday posted better-than-expected  second-quarter profit on gains from the sale of some hotels and  higher room rates, and raised its outlook for the year.
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Home-furnishings retailer Pier 1 Imports Inc.  on Tuesday said quarterly profit fell more than 40 percent as sluggish sales and heavy discounts to lure shoppers took their toll.
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The struggling home furnishings retailer posts a 37% drop in Q3 earnings and cuts guidance.
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Pharmaceutical wholesaler McKesson Corp  reported on Thursday that its quarterly profit fell 17 percent as results were hurt by lower profit margins on certain generic drugs and charges taken.
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Barnes & Noble Inc. , the top U.S. bookseller, on Monday said quarterly profit fell due to higher expenses and weaker demand for bestseller titles, sending its stock down more than 2 percent.
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The leader in online DVD rentals expects its profit to sag the rest of this year as it absorbs the cost of lowering its subscription plan to ward off a threat from Blockbuster.
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The newspaper publisher said earnings fell because of slumping real estate ads and a tough comparison with year-ago profits that were boosted by heavy political advertising.
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Williams-Sonoma Inc. , the  upscale home furnishings retailer, reported lower quarterly  profit Wednesday, citing challenging sales in its core brands.
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Upscale home-decor retailer  Williams-Sonoma Inc.  on Wednesday said quarterly profit  fell, after charges related to closing its Hold Everything  storage-goods stores and stock option expenses.