SBC Fourth-Quarter Profit Drops 17 Pct
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SBC Communications Inc., SBC.N the  No. 2 U.S. telecommunications company, said on Wednesday its  fourth-quarter earnings fell 17 percent, hurt by merger-related  costs at its Cingular Wireless joint venture and one-time  charges for job cuts and pension changes.
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The software maker said its profit slipped in the fourth quarter even as sales edged higher, and forecast revenue from software sales and services of about 14 percent in 2008.
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Southwest Airlines Co. LUV.N, the  top U.S. carrier by market value, on Wednesday said  fourth-quarter earnings fell, depressed by record fuel prices.
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Station Casinos Inc. , which is in the process of a management-led buyout, on Wednesday said fourth-quarter profit fell as it took charges for a canceled residential project and some pre-opening costs for some planned expansions.
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3M Co  said on Tuesday  fourth-quarter earnings fell as last year's results included a  gain for selling a business.
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The countryâs largest newspaper publisher said Friday that its fourth-quarter profit dropped because of a decline in broadcasting revenue and weak newspaper ad sales.
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Internet icon discloses reduction after announcing a 23 percent decline in its fourth quarter profit.
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The company reported fourth-quarter profit of $85 million on weakness in its risk and insurance services business.
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ZURICH, Feb. 13  â The Swiss bank UBS said Tuesday that its fourth-quarter profit declined 47 percent, to 3.41 billion francs ($2.73 billion), from the year-earlier period, which benefited from the sale of assets.
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The bank said its fourth-quarter earnings fell sharply,  to $268 million from $5.26 billion a year earlier, hurt by mounting credit losses and weak investment banking results.
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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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BNP Paribas SA confirmed Wednesday that fourth-quarter net profit plunged 42 percent due to write-downs of securities affected by the financial markets crisis.
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The aluminum maker said second-quarter profit slipped nearly 4 percent as outage costs at two smelters weighed down results.
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The Campbell Soup Company said yesterday that fourth-quarter profit declined 20 percent, the biggest drop in more than two years, as costs for marketing and job cuts rose.
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PITTSBURGH  â United States Steel reported substantially lower fourth-quarter profits on Tuesday, as acquisition costs, European job cuts and lower prices weighed down results.
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The ATM maker said earnings fell to $79 million in the fourth quarter, reflecting the spinoff of its Teradata software unit.
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NEW YORK -- Retail brokerage firm Charles Schwab Corp. said Wednesday its fourth-quarter profit fell 34 percent from results a year ago that included a tax gain and earnings from its former U.S. Trust wealth management unit that has since been sold.