CarMax posts lower net profit
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CarMax Inc , the largest U.S.  retailer of used cars, on Wednesday posted a lower quarterly  profit and cut its outlook for the year, hurt by increased  funding costs related to its auto finance unit.
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General Motors Corp. GM.N on Thursday  posted disappointing quarterly earnings and cut its full-year  profit forecast amid slowing growth in China and European job  cuts, sending its shares down 4 percent.
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General Motors said Thursday that its earnings would fall this year because of rising health care costs and slowing profits at its financing division.
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Clorox Co  on Monday posted  lower quarterly profit, hurt by rising costs for raw materials  used in such products as its Glad plastic storage bags and  Hidden Valley salad dressings.
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General Motors Corp.  swung to a profit in the fourth quarter but fell short of Wall Street expectations on mounting mortgage losses from its former finance unit.
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Ford Motor Co. F.N on Tuesday said  its automotive business will improve this year, but overall  earnings will fall due to weaker profit at its financial  services unit.
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Ford Motor Co.  on Tuesday said earnings will fall this year due to a drop in profit from its finance unit, which it expects to be hit by rising interest rates.
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Luxury home builder Toll Brothers   on Thursday reported sharply lower quarterly net  income, hurt by a downturn in the U.S. housing market.
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Del Monte Foods Co. DLM.N on Thursday   posted lower quarterly profit, hit by costs related to recent   acquisitions and higher prices for fuel and the steel used in   its packages.
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Ford Motor Co. F.N on Tuesday said  earnings will fall this year due to a drop in profit from its  finance unit, which it expects to be hit by rising interest  rates.
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Fleetwood Enterprises , which  makes recreational vehicles and manufactured homes, on Thursday  posted a lower-than-expected quarterly profit and said rising  gas prices and interest rates were biting into demand.
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General Motors Corp. GM.N said on  Thursday that it expects earnings this year to fall, due in  part to weaker profits from its financial services arm.
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Volkswagen AG, Europe&#39;s largest carmaker, reported a seventh consecutive decline in quarterly profit as domestic demand weakened and sales growth in China slowed, making the full-year profit target harder to reach.
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(Corrects second paragraph to show earnings of $17,000, not $28,000)     NEW YORK  - Apparel retailer Talbots Inc.  said on Wednesday that quarterly net profit fell, hurt by heavy markdowns and declining sales at its flagship Talbots chain.
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CarMax Inc , the No. 1 used-car retailer in the United States, posted higher quarterly earnings and sales on Wednesday, but cut its full-year outlook due to the tough automotive retail market, sending its shares down more than 12 percent.
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Net profit dropped at the consumer products maker to 721 million euros ($1.04 billion) in the last three months of 2007, from 2.03 billion euros a year earlier.
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General Motors Corp.  said on Thursday that it expects earnings this year to fall, due in part to weaker profits from its financial services arm.