Amazon 2Q profit falls on rising expenses (AP)
AP – Amazon.com Inc.’s second-quarter revenue jumped 51 percent, helped by higher merchandise sales, while its profit fell as the online retailer’s operating expenses rose.
Amazon 2Q profit falls on rising expenses (AP)
AP – Amazon.com Inc.’s second-quarter revenue jumped 51 percent, helped by higher merchandise sales, while its profit fell as the online retailer’s operating expenses rose.
Reynolds American 2Q profit falls on charges (AP)
AP – Cigarette maker Reynolds American Inc. said Friday its second-quarter profit fell almost 11 percent, chiefly on charges related to a legal case.
J&J 2Q profit drops 20 percent, still beats views (AP)
AP – Health care giant Johnson & Johnson says its second-quarter profit fell nearly 20 percent due to restructuring, recall and litigation costs and higher spending on overhead and research.
H&R Block posts 5 percent drop in 4th-qtr profit (AP)
AP – H&R Block Inc. on Thursday said its fiscal fourth-quarter profit fell 5 percent, as revenue declined and a series of unusual charges weighed down results.
Summary Box: Lennar’s 2Q profit falls (AP)
AP – LOWER PROFIT: Lennar Corp.’s profit fell 65 percent in its fiscal second quarter versus a year earlier, when the homebuilder’s results included a big tax benefit.
Summary Box: Lennar’s 2Q profit falls (AP)
AP – LOWER PROFIT: Lennar Corp.’s profit fell 65 percent in its fiscal second quarter versus a year earlier, when the homebuilder’s results included a big tax benefit.
Smucker 4Q profit falls after Rowland Coffee deal (AP)
AP – J.M. Smucker Co.’s fourth-quarter profit fell 21 percent as it bought Rowland Coffee Roasters and took additional restructuring costs.
Smucker 4Q profit falls after Rowland Coffee deal (AP)
AP – J.M. Smucker Co.’s fourth-quarter profit fell 21 percent as it bought Rowland Coffee Roasters and took additional restructuring costs.
Summary Box: Medtronic 4Q results disappoint (AP)
AP – LAYOFFS LOWER PROFIT: Medical device maker Medtronic Inc. reported Tuesday that its profit fell 19 percent in the fourth quarter on costs from previously-announced layoffs of about 2,000 employees.