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8% bounce in revenue cannot offset the massive cost cutting charges at Wendy's
Media Release
Jul. 27, 2006
8% bounce in revenue cannot offset the massive cost cutting charges at Wendy's. The Ohio-based fast food chain lost $29.1 million, or 25 cents a share on the period, vs. earnings of $70.8 million, or 61 cents a share.
SMART LIVING & INVST. ARTICLES
8% bounce in revenue cannot offset the massive cost cutting charges at Wendy's
Media Release
8% bounce in revenue cannot offset the massive cost cutting charges at Wendy's. The Ohio-based fast food chain lost $29.1 million, or 25 cents a share on the period, vs. earnings of $70.8 million, or 61 cents a share.
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Massive charges taken for its recent acquisition of rival Guidant Corp made Boston Scientific post a loss
Media Release
Massive charges taken for its recent acquisition of rival Guidant Corp made Boston Scientific post a loss of $4.26 billion, or $3.21 cents a share, compared with a profit of $205 million, or 24 cents a share.
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MBIA Inc.'s second-quarter net income rose 27%
Media Release
MBIA Inc.'s second-quarter net income rose 27%.
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Dow Chemical Co. collapsed 10% with bleak outlook and lower profit for higher raw material and energy costs
Media Release
Dow Chemical Co. collapsed 10% with bleak outlook and lower profit for higher raw material and energy costs.
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Bemis rises 6% as profit rises, meets targets
Media Release
Bemis rises 6% as profit rises, meets targets.
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American Electric Power second-quarter earnings fell 21% but the outlook is brighter
Media Release
American Electric Power second-quarter earnings fell 21% but the outlook is brighter.
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McKesson Corp. reported fiscal first-quarter net earnings 9% higher to $184 million, or 60 cents a share
Media Release
McKesson Corp. reported fiscal first-quarter net earnings 9% higher to $184 million, or 60 cents a share.
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Ball Corp. second-quarter earnings zooms 68% higher on insurance gain
Media Release
Ball Corp. second-quarter earnings zooms 68% higher on insurance gain.
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Top car dealer in the U.S. AutoNation posts steep 63% plunge in profit
Media Release
Top car dealer in the U.S. AutoNation posts steep 63% plunge in profit.Shares of AutoNationshed 3% to finish the session at $19.85.
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