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    Corporate Earnings Headlines
    German insurer Allianz 1Q net profit falls 65 percent (AP)
    AP - German insurer Allianz SE said Friday first-quarter net profit fell 65 percent due to difficult market conditions as it wrote down $1.3 billion tied to the U.S. subprime crisis. -- read full article
    Fri, 09 May 2008 11:34:46 GMT - Yahoo! News: Earnings News
    Clear Channel posts weaker-than-expected profit (Reuters)

    A view of the Clear Channel offices in Burbank, California March 24, 2008. (Fred Prouser/Reuters)Reuters - Clear Channel Communications Inc posted a weaker-than-expected quarterly profit on Friday and the U.S. radio station operator said it was unclear whether a proposed buyout would be completed.


    -- read full article
    Fri, 09 May 2008 14:06:56 GMT - Yahoo! News: Earnings News
    Clarification: Activision earnings story (AP)
    AP - In a May 8 story about Activision Inc.'s earnings, The Associated Press reported that the company expected earnings of $1.30 per share after excluding Vivendi Games. The story should have said the adjusted earnings excluded other items as well. -- read full article
    Fri, 09 May 2008 18:30:52 GMT - Yahoo! News: Earnings News
    Auto parts supplier Delphi reports wider loss (AP)
    AP - Auto parts maker Delphi Corp. reported on Friday that it lost more money in the first quarter than it did a year ago, but that an increased credit line will still allow it to emerge from bankruptcy protection intact. -- read full article
    Fri, 09 May 2008 19:31:12 GMT - Yahoo! News: Earnings News
    Asset sales boost Clear Channel profit; Deal still in limbo (AP)
    AP - Clear Channel Communications Inc., a major radio and outdoor advertising company, reported higher first-quarter earnings Friday on asset sales but operating results were flat, reflecting weak demand for radio advertising. -- read full article
    Sat, 10 May 2008 11:07:54 GMT - Yahoo! News: Earnings News
    InBev profit drops on rising costs (AP)
    AP - InBev SA, the brewer of Stella Artois and Beck's, posted an unexpected 11 percent drop in its first-quarter profit on Thursday, blaming rising costs for ingredients and shipping and weak sales in Brazil, where it does half its business. -- read full article
    Thu, 08 May 2008 11:23:36 GMT - Yahoo! News: Earnings News
    Dynegy swings to 1Q loss as energy prices surge (AP)
    AP - Dynegy Inc. said Thursday it swung to a loss in the first quarter as market prices for power surged, causing accounting losses on some forward sales. -- read full article
    Thu, 08 May 2008 12:04:21 GMT - Yahoo! News: Earnings News
    Toyota projects first full-year profit drop in 7 years (AP)

    Toyota Motor Corporation President Katsuaki Watanabe speaks during a press conference in Tokyo, Japan, Thursday, May 8, 2008. Toyota's profit for the fiscal fourth quarter dropped 28 percent from the previous year as a strengthening yen and lagging North American sales chipped away at the Japanese automaker's earnings. 'We are facing a severe business environment,' Watanabe said. 'Toyota considers this headwind as a valuable opportunity to turn it into a more flexible and stronger company.' (AP Photo/Shizuo Kambayashi)AP - Toyota said the strong yen and weaker U.S. sales took a bite out of January-March earnings and projected worse was to come — a 27 percent plunge in its full-year profit.


    -- read full article
    Thu, 08 May 2008 13:23:21 GMT - Yahoo! News: Earnings News
    Cablevision 1Q loss widens, but revenue rises 10 percent (AP)
    AP - Cablevision Systems Corp. reported a wider first-quarter deficit on Thursday as losses from derivative contracts outweighed a 10.1 percent gain in revenues. -- read full article
    Thu, 08 May 2008 13:50:56 GMT - Yahoo! News: Earnings News
    Nasdaq first-quarter profit surges on boost from OMX buyout (AP)
    AP - Nasdaq OMX Group said Thursday that its quarterly profit surged in its first combined reporting period that included Sweden's OMX stock exchange. -- read full article
    Thu, 08 May 2008 15:51:03 GMT - Yahoo! News: Earnings News
    Fortress posts loss, stock price falls (Reuters)
    Reuters - Fortress Investment Group LLC reported a quarterly loss on Thursday and its share price fell sharply after its hedge fund business suffered in turbulent market conditions. -- read full article
    Thu, 08 May 2008 16:27:13 GMT - Yahoo! News: Earnings News
    Warner Music Group 2Q loss widens on increased expenses (AP)
    AP - Warner Music Group Corp., whose artists include R.E.M., Madonna and Green Day, said Thursday that higher costs and a shift to digital music resulted in a wider second-quarter loss and it suspended dividends. -- read full article
    Thu, 08 May 2008 20:47:00 GMT - Yahoo! News: Earnings News
    Wall Street Beat: Mixed Earnings, M&A News Hit IT (PC World)
    PC World - After a slow climb during the height of a generally positive earnings season, the IT-heavy Nasdaq hit turbulence this week... -- read full article
    Thu, 08 May 2008 21:30:13 GMT - Yahoo! News: Earnings News
    Activision 4Q profit soars past expectations (AP)
    AP - Video game publisher Activision Inc.'s fiscal fourth quarter was exceptional, with sales of "Guitar Hero III" and "Call of Duty 4" pushing profit and revenue well above guidance and analyst estimates. -- read full article
    Thu, 08 May 2008 21:48:34 GMT - Yahoo! News: Earnings News
    "Guitar Hero" helps Activision rock Wall Street (Reuters)

    Guitarist Slash walks off stage at the end of the presentation of the new Activision game Guitar Hero III during the E3 Media and Business Summit in Santa Monica, California July 11, 2007. (Mario Anzuoni/Reuters)Reuters - Activision Inc posted a quarterly profit on Thursday that blew past expectations as demand for its "Guitar Hero 3" and "Call of Duty 4" video games made up for a complete lack of new releases.


    -- read full article
    Fri, 09 May 2008 00:04:35 GMT - Yahoo! News: Earnings News
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