Untitled

Nippon Steel, JFE set for record profits: paper (Reuters)
Date: Sat, 21 Apr 2007 06:54:41 GMT

Reuters - Japan's top two steel makers, Nippon Steel Corp. (5401.T) and JFE Holdings Inc. (5411.T), are expected to report record group profits for the business year ending in March 2008, the Nikkei daily said on Saturday.

McDonald's 1Q profit climbs 22 percent (AP)
Date: Sat, 21 Apr 2007 05:44:23 GMT

AP - McDonald's Corp. extended its hot streak to four years with a 22 percent jump in first-quarter earnings, and also said Friday it will sell nearly 1,600 restaurants in Latin America and the Caribbean to a franchisee  a gain it pledged to return to shareholders.

Stocks surge, Dow closes near 13,000 (AP)
Date: Sat, 21 Apr 2007 05:41:49 GMT

AP - Wall Street bounded higher Friday, hurtling the Dow Jones industrial average to a record close approaching 13,000 as investors celebrated a week of surprisingly strong earnings reports. The major indexes all had their third straight winning week, their longest such streak since October.

Drug Giants Soaring On Strong Earnings Despite Challenges (Investor's Business Daily)
Date: Fri, 20 Apr 2007 23:00:00 GMT

Investor's Business Daily - The U.S. drug industry held a party last week, but someone forgot to invite the biggest kid on the block.

Xerox Q1 earnings up nearly 17 percent (AP)
Date: Fri, 20 Apr 2007 20:46:17 GMT

AP - Xerox profits jumped nearly 17 percent in the first quarter of the year to $233 million, the company announced Friday, on the strength of solid revenue gains and cost-cutting measures.

Schlumberger 1Q profit up 63 percent (AP)
Date: Fri, 20 Apr 2007 20:42:34 GMT

AP - Schlumberger Ltd. said Friday its first quarter profit spiked 63 percent, as the world's largest oilfield services provider continued to benefit at the start of 2007 from heavy activity by oil and natural gas companies worldwide.

U.S. sales a drag on Caterpillar 1Q (AP)
Date: Fri, 20 Apr 2007 20:33:36 GMT

AP - Caterpillar Inc. shares surged more than 4 percent Friday as the world's largest construction equipment maker posted better-than-expected profit despite a weak U.S. home building market and a sharp decline in engine sales.

Pfizer 1Q profit falls 17.5 percent (AP)
Date: Fri, 20 Apr 2007 20:32:52 GMT

AP - Pfizer Inc., the world's largest drug maker, said Friday its profit fell 17.5 percent in the first quarter, hurt by one-time charges and disappointing sales of diabetes drug Exubera. Adjusted results beat Wall Street expectations by a wide margin.

McDonald's plans Latin America sale, earnings up (Reuters)
Date: Fri, 20 Apr 2007 18:00:07 GMT

Reuters - McDonald's Corp. said on Friday it will sell about 1,600 restaurants in Latin America and the Caribbean for $700 million to a franchisee organization led by the man who brought the Golden Arches to Argentina 20 years ago.

Can Google Continue Its Earnings Streak? (NewsFactor)
Date: Fri, 20 Apr 2007 17:13:21 GMT

NewsFactor - Using the term "global" to describe Google's growth these days might be an understatement. Google posted its second consecutive $1 billion earnings quarter on Thursday, blowing away the yearly projections of several more-mature media companies.

Google 1Q profit rises 69 percent (AP)
Date: Fri, 20 Apr 2007 14:45:30 GMT

AP - Just like its Internet-leading search engine has a knack for finding the information people ask for, Google Inc. keeps giving Wall Street what it wants  scintillating earnings growth that eclipses analyst estimates quarter after quarter.

Honeywell 1st-quarter profit rises (AP)
Date: Fri, 20 Apr 2007 13:44:35 GMT

AP - Diversified industrial conglomerate Honeywell International Inc. said Friday first-quarter earnings jumped 21 percent as sales and profits rose across all of its segments.

SAP software group satisfied with first-quarter results (AFP)
Date: Fri, 20 Apr 2007 13:17:19 GMT

AFP - SAP, the world's leading maker of business software, said on Friday that earnings rose strongly in the first three months of the current year, even if the increase fell short of expectations.