Archive for July, 2008

Monster second-quarter profit rises to 25 cents a share

Thursday, July 31st, 2008

SAN FRANCISCO (MarketWatch) — Monster Worldwide Inc. said late Thursday that its second-quarter profit rose to $30.8 million, or 25 cents a share, from $28.6 million, or 21 cents a share, in the year-ago period. Excluding one-time items, the company would have reported earnings of 40 cents a share in the latest quarter. Revenue […]

U.S. banks have record primary borrowings from Fed

Thursday, July 31st, 2008

WASHINGTON (MarketWatch) — U.S. banks’ direct primary credit borrowing from the Federal Reserve rose to a record high in the latest week. Banks primary credit borrowings averaged $17.45 billion per day in the latest week, up from the previous record set last week of $16.38 billion, the Fed said on Thursday. On the day of […]

Chesapeake Energy swings to loss

Thursday, July 31st, 2008

SAN FRANCSICO (MarketWatch) — Chesapeake Energy Corp. reported late Thursday a second-quarter loss of $1.65 billion, or $3.17 a share. The company posted a profit of $492 million, or $1.01 a share, a year ago. The latest results include a $2.06 billion mark-to-market loss on energy and interest rate hedges triggered by sharply higher […]

KLA-Tencor reports 48% drop in fourth-quarter profit

Thursday, July 31st, 2008

SAN FRANCISCO (MarketWatch) - KLA-Tencor Corp. on Thursday reported fiscal fourth-quarter net profit of $76 million, or 43 cents a share, compared with net profit of $147 million, or 75 cents a share, for the year-earlier period. Revenue was $591 million, down from $736 million a year ago. Adjusted income was 60 cents a […]

CA first-quarter profit rises to 37 cents a share

Thursday, July 31st, 2008

SAN FRANCISCO (MarketWatch) — CA Inc. said late Thursday that its fiscal first-quarter profit rose to $200 million, or 37 cents a share, from $129 million, or 24 cents a share, in the year-ago period. Excluding expenses, the company would have reported earnings of 40 cents a share for the latest quarter. Revenue rose […]

Aon quarterly net jumps on sale of insurance businesses

Thursday, July 31st, 2008

SAN FRANCISCO (MarketWatch) — Aon Corp. said late Thursday that second-quarter net income came in at $1.1 billion, or $3.71 a share, a big increase from a year earlier when the insurance broker made $240 million, or 75 cents a share. The latest results include a $1 billion after-tax gain on the sales of […]

McAfee second-quarter net income falls marginally

Thursday, July 31st, 2008

SAN FRANCISCO (MarketWatch) — McAfee Inc. late Thursday reported its second-quarter net income fell marginally to $47.8 million from $48 million a year earlier. On a per-share basis, the company’s earnings rose to 30 cents a share from 29 cents a share in the year-ago period. Adjusted earnings were 52 cents a share, up […]

Instant tickets, China growth boost Scientific Games

Thursday, July 31st, 2008

CHICAGO (MarketWatch) — Strong instant lottery ticket sales and growth in China helped Scientific Games push its second quarter profit sharply higher, the company said Thursday. Scientific Games earned $29 million, or 31 cents a share, in the period - up from $27.1 million, or 28 cents a share in the year-ago period. Revenue […]

Chiquita posts sharply higher profit

Thursday, July 31st, 2008

SAN FRANCISCO (MarketWatch) — Chiquita Brands. reported after the closing bell Thursday second-quarter earnings of $62.1 million, or $1.37 a share, up from $8.6 million, or 20 cents a share, in the year-ago quarter. Revenue for the three months ended June 30 rose 6.5% to $994.6 million from $934 million a year ago. Analysts […]

U.S. stocks fall sharply Thursday; July ends mixed

Thursday, July 31st, 2008

NEW YORK (MarketWatch) — U.S. stocks closed sharply lower on Thursday, leaving the market with a mixed performance for July, as economic concerns resurfaced following weak jobless claims data. The Dow Jones Industrial Average fell 205 points, or 1.8%, to end at 11,378 on Thursday, with 25 of its 30 components retreating. For the […]