April 17, 2008 - 08:55 a.m. NEW YORK (AP) - Shares of Merrill Lynch & Co. fell in premarket trading Thursday after the world's largest brokerage reported a first-quarter loss on more than $6 billion in additional write-downs and said it would cut 4,000 jobs. The results missed Wall Street projections. Merrill Lynch shares fell 52 cents to $44.37 in early trading. Epicor Software Corp. shares fell after it lowered its earnings and revenue ...
HNI 1st-qtr profit drops 81 percent on one-time costs, drop in sales amid weak construction
Apr 17 2008
April 17, 2008 - 08:54 a.m. MUSCATINE, Iowa (AP) - Furniture maker HNI Corp. said Thursday its first-quarter profit dropped 81 percent due to one-time costs and a significant drop in office furniture and bottom of fireplace products sales. For the quarter ended March 29, net income fell to $4 million, or 9 cents per share, from $20.7 million, or 43 cents per share in the prior-year quarter. The company said it earned 21 cents per ...
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Solar system maker SunPower says 1st-quarter profit jumps as sales increase for both units
Apr 17 2008
April 17, 2008 - 08:51 a.m. SAN JOSE, Calif. (AP) - Solar power products maker SunPower Corp. said Thursday its first-quarter profit rose sharply as sales in both its divisions increased and selling prices strengthened at its components one. Net income for the three months ended March 30 rose to $12.8 million, or 15 cents per share, compared with $1.2 million, or 2 cents per share, during the same period a year earlier. The most recent ...
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Landstar System 1Q profit rises 10 pct. on transportation logistics segment revenue
Apr 17 2008
April 17, 2008 - 08:50 a.m. JACKSONVILLE, Fla. (AP) - Landstar System Inc. said Thursday its first-quarter earnings rose 10 percent, as sales of its transportation logistics services offset the effects of a weak freight environment. The trucking and logistics company earned $23.7 million, or 45 cents per share, compared with $21.6 million, or 38 cents per share, in the year-ago quarter. Revenue rose 6 percent to $608.8 million, from $576.6 million a year earlier. ...
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Amphenol Corp.’s 1st-quarter earnings rise 25 percent, beat Wall Street’s expectations
Apr 17 2008
April 17, 2008 - 08:49 a.m. WALLINGFORD, Conn. (AP) - Amphenol Corp., which makes electronic and fiber optic connectors and cables, said Thursday its first-quarter profit jumped 25 percent, beating Wall Street's expectations. Earnings rose to $97.5 million, or 54 cents per share, from $77.7 million, or 43 cents per share, in the year-ago period. Analysts polled by Thomson Financial, on average, estimated earnings of 51 cents per share on sales of $748.1 million. ...
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