International Business News - profit http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Upscale department store operator Saks Inc reported a quarterly profit on Tuesday, beating Wall Street expectations for a loss, and its shares rose 5.5 percent. http://www.ibtimes.com/data/articleimgs/224216-the-outside-of-the-saks-fifth-avenue.jpg http://www.ibtimes.com/articles/20091117/saks-posts-q3-profit-shares-up.htm http://www.ibtimes.com/articles/20091117/saks-posts-q3-profit-shares-up.htm Tue, 17 Nov 2009 09:48:02 EST Top home improvement chain Home Depot Inc reported a higher-than-expected quarterly profit on Tuesday as cost cuts offset weak sales. http://www.ibtimes.com/data/articleimgs/224210-a-home-depot-inc-retail-store-is.jpg http://www.ibtimes.com/articles/20091117/home-depot-quarterly-profit-tops-estimates.htm http://www.ibtimes.com/articles/20091117/home-depot-quarterly-profit-tops-estimates.htm Tue, 17 Nov 2009 06:24:02 EST Lowe's Cos Inc , the second-largest U.S. home improvement chain, posted a 30 percent decline in quarterly profit as consumers put off big renovations and a U.S. housing market recovery takes longer to materialize. http://www.ibtimes.com/data/articleimgs/224142-a-sign-is-seen-outside-the-lowes.jpg http://www.ibtimes.com/articles/20091116/lowes-quarterly-profit-falls.htm http://www.ibtimes.com/articles/20091116/lowes-quarterly-profit-falls.htm Mon, 16 Nov 2009 07:32:01 EST Abercrombie & Fitch posted a lower quarterly profit on Friday, as a prolonged sales slump at the company's stores could not offset cost cuts. http://www.ibtimes.com/data/articleimgs/224029-a-man-holds-shopping-bags-while-waiting.jpg http://www.ibtimes.com/articles/20091113/abercrombie-fitch-profit-sales-fall.htm http://www.ibtimes.com/articles/20091113/abercrombie-fitch-profit-sales-fall.htm Fri, 13 Nov 2009 07:48:01 EST Wal-Mart Stores Inc reported a higher quarterly profit as the world's biggest retailer clamped down on inventory and controlled expenses, but forecast earnings for the current period that could miss current Wall Street estimates. http://www.ibtimes.com/data/articleimgs/223967-a-walmart-store-is-seen-in-rogers.jpg http://www.ibtimes.com/articles/20091112/wal-mart-q3-profit-rises-but-q4-view-light.htm http://www.ibtimes.com/articles/20091112/wal-mart-q3-profit-rises-but-q4-view-light.htm Thu, 12 Nov 2009 07:32:02 EST Time Warner Inc posted higher-than-expected quarterly profit, and the media powerhouse raised its full-year earnings forecast in a sign that advertising sales at networks like CNN and TBS are showing life. http://www.ibtimes.com/data/articleimgs/223429-jeff-bewkes-chairman-and-ceo-of-time.jpg http://www.ibtimes.com/articles/20091104/time-warner-profit-beats-estimates-but-raises-outlook.htm http://www.ibtimes.com/articles/20091104/time-warner-profit-beats-estimates-but-raises-outlook.htm Wed, 04 Nov 2009 06:56:01 EST Polo Ralph Lauren Corp posted a quarterly profit far above Wall Street estimates and strengthened its full-year revenue outlook, as demand for its fashions picked up as the quarter progressed. http://www.ibtimes.com/data/articleimgs/223401-the-polo-ralph-lauren-logo-is-seen.jpg http://www.ibtimes.com/articles/20091103/polo-profit-tops-view-as-demand-picks-up.htm http://www.ibtimes.com/articles/20091103/polo-profit-tops-view-as-demand-picks-up.htm Tue, 03 Nov 2009 13:08:01 EST Viacom Inc. quarterly profit breezed past expectations as consumers set aside money worries to scoop up the new Beatles video game and buy tickets for box-office hits like "Transformers" and "G.I. Joe." http://www.ibtimes.com/data/articleimgs/223376-beatles-fan-grabs-the-beatles-rock-band.jpg http://www.ibtimes.com/articles/20091103/viacom-profit-up-with-box-office-and-the-beatles.htm http://www.ibtimes.com/articles/20091103/viacom-profit-up-with-box-office-and-the-beatles.htm Tue, 03 Nov 2009 07:56:01 EST Ford Motor Co surprised Wall Street with a quarterly profit on Monday supported by cost cuts, improved credit results, and increased market share. http://www.ibtimes.com/data/articleimgs/223320-fords-figo-car.jpg http://www.ibtimes.com/articles/20091102/ford-posts-profit-sees-solid-profit-in-11.htm http://www.ibtimes.com/articles/20091102/ford-posts-profit-sees-solid-profit-in-11.htm Mon, 02 Nov 2009 07:32:02 EST Chevron Corp posted a 51 percent drop in quarterly profit on Friday, the latest oil giant to be hit by the steep decline in oil and natural gas prices and the anemic margins for refineries. http://www.ibtimes.com/data/articleimgs/223264-motorists-are-shown-at-gas-pumps-atchevron.jpg http://www.ibtimes.com/articles/20091030/chevron-q3-profit-hit-by-oil-refinery-weakness.htm http://www.ibtimes.com/articles/20091030/chevron-q3-profit-hit-by-oil-refinery-weakness.htm Fri, 30 Oct 2009 09:24:02 EDT Samsung Electronics, the world's top maker of memory chips and LCD screens, reported on Friday its best ever quarterly net profit on a resurgent memory sector and forecast a strong 2010. http://www.ibtimes.com/data/articleimgs/223248-a-visitor-walks-pastlogo-of-samsung-electronics.jpg http://www.ibtimes.com/articles/20091029/samsung-q3-profit-trebles-on-chips-lcds.htm http://www.ibtimes.com/articles/20091029/samsung-q3-profit-trebles-on-chips-lcds.htm Thu, 29 Oct 2009 22:56:02 EDT Corrects year-ago figuresExxon Mobil Corp on Thursday said its quarterly profit plunged, falling short of Wall Street estimates, as the global recession bit into fuel demand and crude oil prices fell from year-ago levels. http://www.ibtimes.com/data/articleimgs/223232-.jpg http://www.ibtimes.com/articles/20091029/corrected-exxon-quarterly-profit-plunges-misses-street.htm http://www.ibtimes.com/articles/20091029/corrected-exxon-quarterly-profit-plunges-misses-street.htm Thu, 29 Oct 2009 10:40:03 EDT Exxon Mobil Corp on Thursday said its quarterly profit plunged, falling short of Wall Street estimates, as the global recession bit into fuel demand and crude oil prices fell from year-ago levels. http://www.ibtimes.com/articles/20091029/exxon-quarterly-profit-plunges-misses-street.htm Thu, 29 Oct 2009 10:40:03 EDT Exxon Mobil Corp on Thursday said its quarterly profit fell 68 percent, missing Wall Street estimates, as the global recession bit into fuel demand and crude oil prices fell from year-ago levels. http://www.ibtimes.com/data/articleimgs/223225-view-of-the-exxon-mobil-refinery-in.jpg http://www.ibtimes.com/articles/20091029/exxon-quarterly-profit-down-68-percent-misses-street.htm http://www.ibtimes.com/articles/20091029/exxon-quarterly-profit-down-68-percent-misses-street.htm Thu, 29 Oct 2009 10:16:02 EDT Procter & Gamble Co posted a quarterly profit well ahead of analysts' forecasts and said it has modestly higher expectations for growth in the industry even as consumers continue to remain cautious. http://www.ibtimes.com/data/articleimgs/223214-gain-detergentprocter-gamble-product-is-displayed-onshelf.jpg http://www.ibtimes.com/articles/20091029/procter-gamble-profit-tops-expectations.htm http://www.ibtimes.com/articles/20091029/procter-gamble-profit-tops-expectations.htm Thu, 29 Oct 2009 07:32:01 EDT Europe's largest carmaker Volkswagen said business remained hard after third-quarter earnings plunged on Thursday while Japan's Mazda predicted a smaller full-year operating loss. http://www.ibtimes.com/data/articleimgs/223210-a-volkswagen-car.jpg http://www.ibtimes.com/articles/20091029/vw-profit-plunges-sees-tough-year-end.htm http://www.ibtimes.com/articles/20091029/vw-profit-plunges-sees-tough-year-end.htm Thu, 29 Oct 2009 06:56:01 EDT Royal Dutch Shell Plc said third quarter net profits fell 73 percent, hit by falling oil and gas prices and refining margins, and Chief Executive Peter Voser warned of a slow recovery. http://www.ibtimes.com/data/articleimgs/223219-.jpg http://www.ibtimes.com/articles/20091029/shell-profit-down-73-percent-hit-by-falling-oil-prices.htm http://www.ibtimes.com/articles/20091029/shell-profit-down-73-percent-hit-by-falling-oil-prices.htm Thu, 29 Oct 2009 03:48:01 EDT ConocoPhillips reported a 71 percent decline in third-quarter profit on Wednesday as weak demand for fuel hurt its refining business and oil prices fell from a year earlier, but the results exceeded Wall Street estimates. http://www.ibtimes.com/data/articleimgs/223183-.jpg http://www.ibtimes.com/articles/20091028/conoco-profit-falls-71-percent-but-tops-estimates.htm http://www.ibtimes.com/articles/20091028/conoco-profit-falls-71-percent-but-tops-estimates.htm Wed, 28 Oct 2009 12:24:01 EDT Corrects paragraph 3 to show output figures are year-to-date, not quarterly; deletes reference to prior quarter http://www.ibtimes.com/data/articleimgs/223185-.jpg http://www.ibtimes.com/articles/20091028/corrected-conocophillips-profit-down-71-percent.htm http://www.ibtimes.com/articles/20091028/corrected-conocophillips-profit-down-71-percent.htm Wed, 28 Oct 2009 11:16:02 EDT Oilfield services leader Schlumberger Ltd reported slightly better-than-expected quarterly earnings on Friday but warned North American natural gas activity would remain weak until late 2010. http://www.ibtimes.com/data/articleimgs/222905-.jpg http://www.ibtimes.com/articles/20091023/schlumberger-profit-tops-street-view-sees-weak-gas.htm http://www.ibtimes.com/articles/20091023/schlumberger-profit-tops-street-view-sees-weak-gas.htm Fri, 23 Oct 2009 10:24:02 EDT