NCR earnings down 12 percent in 2Q NCR Corp. on Tuesday reported a 12 percent decline in second quarter earnings, reflecting costs from a realignment of its business following the spinoff last fall of its Teradata Corp. data warehousing software business. 29 Jul 2008
562.
Talisman Energy 2Q profit down 23 percent Canadian oil and gas producer Talisman Energy Inc. on Tuesday reported a 23 percent drop in quarterly profit. Talisman reported net income of 426 million Canadian dollars ($415 million), or 42 Canadian cents (42 cents) per share, compared with 500 million Canadian dollars, or 53 Canadian cents per share, during the same period of 2007. 29 Jul 2008
563.
BP profit up, Valero down in 2Q The roiling global oil market continues to pick its winners and losers, as oil giant BP PLC reported a 28 percent rise in second-quarter profit while North America's largest refiner, Valero, said its earnings for the same period fell 67 percent. 29 Jul 2008
564.
Official downplays importance of housing plan A top Bush administration official on Tuesday downplayed the importance of a homeowner rescue plan passed by Congress over the weekend, arguing that efforts already in place will help more borrowers. 29 Jul 2008
565.
Report predicts rough outlook for packaging Higher raw material prices will likely hurt earnings and credit quality in the packing industry for the rest of 2008, especially companies without a large global presence, according to a report released Tuesday. 29 Jul 2008
566.
Santander says 2nd-quarter profit down Spain's Banco Santander said Tuesday net profit for the second quarter fell 5.3 percent on the year. Spain's largest bank by market value said it earned 2.52 billion euros ($3.97 billion), down from the 2.66 billion euros for the same period in 2007. The 2007 figure was boosted by 566 million euros from the sale of a stake in Italy's Intesa Sanpaolo. 29 Jul 2008
567.
US clamps down on firms linked to Myanmar The Bush administration is imposing financial sanctions on companies suspected of being owned or controlled by the military-run government of Myanmar. 29 Jul 2008
568.
US troop deaths down in July U.S. military has reported nine U.S. troop deaths so far in July, a reflection of overall drop in violence around Iraq. The lowest monthly death toll for American troops in Iraq was 19 in May. 29 Jul 2008
569.
Modine fiscal 1Q earnings down on restructuring Auto parts and cooling equipment maker Modine Manufacturing Co. said Tuesday its fiscal first-quarter earnings dipped as the company continued to work through a restructuring plan. 29 Jul 2008
570.
Iranian president: 'Big powers' going down Iran's president on Tuesday blamed the U.S. and other "big powers" for global ills such as nuclear proliferation and AIDS, and accused them of exploiting the U.N. for their own gain and the developing world's loss. 29 Jul 2008