Shares in Lululemon Athletica rallied sharply Friday after the maker of yoga-inspired athletic apparel reported better-than-expected second-quarter earnings and raised its full-year outlook.
Continue reading Lu…
BP (BP) will delay the release of its third quarter earnings by one week to give the company more time to incorporate data and disclosures related to the oil spill in the Gulf of Mexico.
BP’s earnings will now be released on Nov. 2, Dow Jones Newswires said.
“When we reported second quarter it was a bit of a scramble,” a BP spokesman told Dow Jones Newswires. “We needed more time…
Continue reading BP to Delay Third Quarter Earnings Report by One Week
BP to Delay Third Quarter Earnings Report by One Week originally appeared on DailyFinance on Fri, 10 Sep 2010 08:59:00.
Filed Under: Energy, Company News, Technology, People, Earnings, Green, BP
Tyson Foods’s profit will continue to increase as the biggest U.S. meat processor will benefit further from little-changed overall protein supply as well as an expected reduction of its own debt.
Continue readi…
Shares of computer makers Intel Corp. and Hewlett-Packard Co. were downgraded by UBS amid concerns that weak demand will force the companies to dramatically cut prices.
Continue reading UBS Downgrades Intel and…
Smithfield Foods reported an upswing in profits for its fiscal first quarter Wednesday as costs fell and sales rose. The CEO touted strength in pork and hog production segments.
Continue reading Smithfield Food…