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COMPANY EARNINGS NEWS LINES

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Earnings to set tone for stocks in week ahead (Reuters)

A trader works the floor of the New York Stock Exchange June 23, 2009. REUTERS/Eric ThayerReuters - With Wall Street stuck in a range since May, the start of second-quarter earnings season next week could prove to be a decisive factor for determining how much faith investors should have in an economic recovery.





DemandTec posts wider 1Q loss (AP) AP - Price-management software company DemandTec Inc. posted a wider net loss Wednesday for its fiscal first quarter, hurt by charges and higher costs even as revenue inched higher.


Constellation Brands 1Q profit drops 85 percent (AP)

FILE - In this June 5, 2009 file photo, auction goers make their way past lots on display in the barrel room at the Robert Mondavi Winery during the Napa Valley wine auction in Oakville, Calif. Constellation Brands, whose brands include Robert Mondavi, said Wednesday, July 1, 2009, its first-quarter profit slid 85 percent partly on increased restructuring charges. Still, the wine company's adjusted results managed to surpass Wall Street's expectations. (AP Photo/Eric Risberg, File)AP - Wine and spirits maker Constellation Brands Inc. said it is benefiting from consumers switching from higher-priced beverages to those that offer more buzz for the buck.





General Mills: 2010 profit to rise, costs to slow (AP)

Customers look at General Mills' Cheerios cereal varieties at a store in Palo Alto, Calif., Wednesday, July 1, 2009. General Mills Inc. said Wednesday that its fiscal fourth-quarter profit almost doubled as consumers stuck with its well-known brands such as Cheerios cereal and Yoplait yogurt. (AP Photo/Paul Sakuma)AP - General Mills Inc. reported Wednesday that its fiscal fourth-quarter profit beat estimates as sales of top brands like Cheerios rose while consumers continued eating at home.





Constellation Brands profit tops view (Reuters)

Constellation Brands CEO Robert Sands speaks during the Reuters Food and Agriculture Summit in Chicago March 18, 2009. REUTERS/John GressReuters - Constellation Brands Inc reported a better-than-expected quarterly profit on Wednesday as it sold off some alcohol brands and cut costs.





Strong quarter ends cautiously as earnings loom (AP)

Traders Ben Willis, center, and Peter Tuchman work on the floor of the New York Stock Exchange Tuesday, June 30, 2009. (AP Photo/Richard Drew)AP - Investors carried Wall Street to a remarkable second-quarter performance even though stocks' big spring rally stalled weeks ago.





H&R Block reports better-than-expected 4Q profit (AP) AP - H&R Block Inc., the nation's largest tax preparer, reported better-than-expected profit for its fiscal fourth quarter on Monday as higher fees and more consumer financial services income offset a decline in the number of tax returns it prepared.


Higher fuel prices to hurt Royal Caribbean earnings (Reuters) Reuters - Higher fuel prices and the H1N1 flu virus will hurt Royal Caribbean Cruises Ltd's full-year earnings, the world's second largest cruise operator said on Monday.


Investors await earnings as 2Q comes to a close (AP) AP - Markets have replaced big gains with little change.


KB Home new home orders up from 1Q (AP)

In this photo taken June 24, 2009, a KB Home sign stands in front of a sales office at a new KB Home development in Sylmar section of Los Angeles, Wednesday, June 24, 2009. KB Home is reporting Friday, June 26, a smaller loss for its second quarter than a year ago but the earnings results still missed Wall Street's estimates. (AP Photo/Jae C. Hong)AP - Going into its second quarter, KB Home had everyone wondering whether the homebuilder could duplicate the standout performance of its first quarter — posting a 26 percent year-over-year increase in new orders for the first time in more than three years.





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