Bloomberg says that global corporate profits are being hit by the Euro crisis. Maybe so, but second quarter corporate taxes in the US hit a 4 year record. Europe’s debt crisis is putting pressure on corporate earnings globally with companies from Procter & Gamble Co. (PG) to Danone (BN) cutting forecasts and signaling profits will…
Tag Archive for Second Quarter Earnings
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For Dimon ‘there is a woe that is madness’ – MarketWatch
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NEW YORK (MarketWatch) — The London Whale we’ve come to know refers to the trade and the trader behind a massive loss at J.P. Morgan Chase & Co. Losses attributed to the whale now are believed to exceed $4.2 billion, according to an estimate made Tuesday by Ed Najarian, an analyst with International Strategy &…
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Deere Raises Full-Year Forecast as Net Tops Analysts’ Estimates – Bloomberg
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Deere Raises Full-Year Forecast as Net Tops Analysts' EstimatesBloombergDeere & Co. (DE), the world's largest maker of agricultural equipment, raised its full-year earnings forecast and posted fiscal second-quarter profit that topped analys…
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Infineon ups full-year outlook after earnings beat – MarketWatch
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BloombergInfineon ups full-year outlook after earnings beatMarketWatchBy Frankfurt Bureau FRANKFURT (MarketWatch) — German chipmaker Infineon Technologies AG Thursday raised its full-year outlook after fiscal second-quarter earnings came in better tha…
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Whole Foods second-quarter net income up 31% – MarketWatch
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Dividend.comWhole Foods second-quarter net income up 31%MarketWatchBy Nathalie Tadena Whole Foods Markets Inc.'s (NASDAQ:WFM) fiscal second-quarter earnings rose 31% as the natural-foods supermarket recorded stronger revenue and margins. Shares jum…
