The biggest U.S. defense contractors will report third-quarter results next week amid the possibility that the Defense Department’s rising weapons spending could become a casualty of the current economic crisis.
When Apple reports quarterly results Tuesday, investors will be looking for new clues about the health of consumer spending.
Google’s third-quarter net of $1.35 billion was fueled by strong demand for online search advertising despite the turbulent U.S. economy.
As it moves ahead with its $52 billion acquisition of Anheuser-Busch, beer titan InBev said it expects profit margins to shrink slightly.
Hartford shares declined after a rating-service warning stirred concerns the company would raise capital and dilute shareholders.
Lowe’s expects to more than double per-share earnings in five years despite the weakness in the home-improvement business.
Nike’s first-quarter profit fell 10% despite strong overseas growth, as the company struggled against higher costs and the lack of a year-ago tax benefit.
Rite Aid shook up its management team and increased the estimate of its fiscal-year loss, citing the weak economy and slowing prescription sales.
McCormick & Co. posted a 21% increase in fiscal-third-quarter net income as the company increased prices and benefited from recent acquisitions.
GE cut its forecast and said it will shrink its finance unit amid tough conditions in the financial-services markets.