Colgate Sees Profit Well Short of Targets
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Colgate-Palmolive Co. (CL.N: Quote, Profile, Research) on Monday warned that second-half earnings will fall well short of Wall Street forecasts due to higher marketing spending.
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Colgate-Palmolive Co., the world&#39;s largest toothpaste maker, said second-half profit will fall because of higher marketing costs to fend off Procter &amp; Gamble Co.
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The New York Times Company said yesterday that its profit for the year would fall short of what it had initially forecast, a casualty of higher costs and of advertising revenue that has
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Allergan Inc. AGN.N on Monday posted  a quarterly profit on growing sales of eye medicines and its  Botox anti-wrinkle product, but warned that 2005 earnings will  fall short of Wall Street expectations.
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Pepsi Bottling Group Inc  on Thursday gave a 2008 earnings forecast that fell short of most Wall Street estimates.
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AMD appears to be headed in the right direction with improvements in both revenue and gross margin during the fourth quarter, but that still wasn't enough to generate a profit, even excluding the effects of a hefty one-time charge.
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Despite lower quarterly profits, financial services company's prospects look good.
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General Motors Corp.  swung to a profit with its delayed fourth-quarter results on Wednesday but fell short of Wall Street expectations as losses from its former finance unit partly offset gains from improved auto operations and cost cutting.
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The world's largest chipmaker posted a whopping profit but investors concerns centered around lower-than-expected sales.
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Publisher and broadcaster Tribune Co.  on Wednesday said third-quarter earnings would lag Wall Street estimates because of lower-than-expected publishing and broadcasting revenue.
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Colgate-Palmolive Co. plans to cut about 4,440 jobs or 12 percent of its workforce in four years as competition from Procter &amp; Gamble Co.
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Publisher and broadcaster Tribune Co.  TRB.N on Wednesday said third-quarter earnings would lag Wall  Street estimates, hurt by lower-than-expected political  advertising at its television stations.
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Annual results show a drop in profits despite better efficiency.
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Procter & Gamble Co.  and its  smaller rival Colgate-Palmolive Co.  posted slightly  better-than-expected quarterly profits on Tuesday and signaled  that their businesses look good for the rest of 2007, but the  results failed to excite Wall Street, and their shares slipped  in morning trading.
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Profit in the fourth quarter rose less than 1 percent, hurt by soaring grain costs, despite a 7 percent increase in sales.
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Colgate-Palmolive Co. CL.N on  Wednesday said profit fell in the third quarter because of  increased marketing spending and higher costs for raw  materials.
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NYSE Group Inc.  posted a fourth-quarter profit on Friday, reversing a year-earlier loss, but results were not as strong as some investors had hoped, and its shares fell.