AP
PORTLAND, Ore. - J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins. Full Story »
Dell's earnings are up and expectations are solid, but the company's stock still took a hit Friday afternoon after analysts signaled the company isn't playing a key role in the PC market recovery. Dell's shipments were flat in the third quarter and down five percent from the year-ago period despite improvements in the large-enterprise and small-and-midsize business segments and increased demand and revenue from business customers. Full Story »
AP
Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday. Full Story »
CUPERTINO, Calif. - Shares of Verigy Ltd. rose Friday after the maker of chip testing equipment turned in a stronger-than-expected performance in the fourth quarter. Full Story »
MILWAUKEE - Hormel Foods Corp. reports results for its fiscal fourth quarter on Tuesday before the market opens. The following is a summary of key developments and analyst opinion related to the period. Full Story »
MILWAUKEE - Tyson Foods Inc., the world's largest meat producer, is scheduled to report results for its fiscal fourth quarter on Monday before the market opens. The following is a summary of key developments and analyst opinion related to the period. Full Story »
JERICHO, N.Y. - Griffon Corp., a communications and electronic information, building products and specialty plastics business, said it posted a fiscal fourth-quarter profit of $12.4 million, compared to a year-ago loss, even as sales fell 7 percent. Full Story »
HARLEYSVILLE, Pa. - Met-Pro Corp., which makes pollution control technologies, said Friday its third-quarter profit plunged two-thirds on weak markets, surprising Wall Street. Full Story »
AP
SAN FRANCISCO - Some of the computer industry's biggest players — such as IBM Corp., Intel Corp. and Hewlett-Packard Co. — have wowed Wall Street this fall with stronger-than-expected profits. Full Story »
BENTONVILLE, Ark. - Auto retailer America's Car-Mart Inc. reported on Friday a 61 percent higher fiscal second-quarter profit, as consumers turned to the used car market amid tighter credit restrictions. Full Story »
AP
CHICAGO - Shoppers spent more money at low-price Old Navy stores in the third quarter, helping Gap Inc.'s profit climb 25 percent compared with last year, the retailer said Thursday. Full Story »
Reuters
SINGAPORE (Reuters) - Dell , the world's No.3 PC brand, said on Friday that its core business of selling computers to companies was returning, after a sharp drop-off during the global downturn led to disappointing quarterly results. Full Story »
NASHUA, N.H. - Education software company SkillSoft PLC said Thursday its third-quarter net income rose 63 percent as lower costs offset a decrease in revenue, and it raised its outlook for the rest of the year. Full Story »
BIRMINGHAM, Ala. - Sporting goods retailer Hibbett Sports Inc. said Thursday its profit rose 15 percent in the third quarter as sales rose and it took better control of inventory and expenses. Full Story »
WESTLAKE VILLAGE, Calif. - Dole Food Co. said Thursday its third-quarter loss widened as the loss of two businesses cut into the fruit and vegetable producer's revenue compared with a year ago. Full Story »
NEW YORK - Athletic shoes seller Foot Locker Inc. on Thursday reported a loss for the third quarter as consumers spent less at its stores and it wrote down the value of its assets by $22 million. Full Story »
SAN FRANCISCO (Reuters) - Gap Inc posted a 25 percent rise in quarterly profit as sales rebounded at its Old Navy chain and the company recorded its highest margins in a decade. Full Story »
SUNNYVALE, Calif. - Aruba Networks Inc. posted a wider quarterly loss Thursday as one-time legal costs outweighed sales growth. Full Story »
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