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MetLife said that first-quarter net income fell 37 percent, hurt by investment losses.
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Promotional offers and higher cable television spending fueled the first-quarter profit of Comcast, which showed limited effects from an economic slowdown.
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A satirical product from a dark comedy crosses over to reality.
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Exxon’s shares fell after the company reported that first-quarter net income rose 17 percent, slightly below expectations.
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Consumer spending barely budged in March as Americans tried to deal with higher food and energy prices.
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The company said it had invested in Mascoma, a company that has proprietary technologies for making ethanol from sources like papermill waste, corn stalks, wood chips and switchgrass.
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NEW YORK (AP) -- Drug store and pharmacy operator CVS Caremark said Thursday its second-quarter profit grew 7 percent as sales at its retail drug stores rose.
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The home improvement chain announced that it was dropping plans to open 50 stores and would close 15 poorly performing locations.
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The fast-food chain posted quarterly net income of $41 million, helped by strong same-store sales in each of its segments and new restaurant growth.
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Second-quarter earnings rose to $301 million as gains in the company’s global industrial and infrastructure businesses offset slower growth in its consumer markets.
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The parent of the New York Mercantile Exchange said profit rose to $71.2 milion in the first quarter as average trading volume hit record levels.
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The cosmetics company lowered its loss to $2.5 million, as expenses declined from a year ago when the company introduced a new line of hair color.
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The natural gas producer said first-quarter profit nearly quadrupled to $500 million as higher production and prices and the sale of international assets lifted results.
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The largest U.S. cable operator reported a 12.5 percent decline in first-quarter profit from a year ago, when earnings were inflated by a one-time gain.
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The company said first-quarter earnings rose 2 percent to $731 million as profits from record oil prices outweighed weak margins at its refining business.
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Eastman Kodak said its first-quarter loss narrowed to $115 million as it battles for a bigger slice of digital photography. Its stock fell more than 5 percent.
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Families that once enjoyed Europe’s vaunted quality of life are pinching pennies to buy necessities, and cutting back on extras like movies and vacations abroad.
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The Thai government announced it would try to create a cartel of rice-producing countries in partnership with Vietnam, Cambodia, Myanmar and Laos.
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The automaker boosted its sales, but lost $3.25 billion from a bankrupt former parts division, a strike at a major supplier and bad home loans made by its finance arm.
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Following new indications that the economy remained fragile at best, the Federal Reserve cut key short-term rates another quarter point.
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Microsoft’s chief executive, Steven A. Ballmer, is said to be considering boosting his company’s bid to $32 a share, but some at Yahoo want more.
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James J. Treacy, the former chief operating officer at Monster Worldwide, was indicted on charges that he conspired to backdate millions of dollars in employee stock option grants.
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Officials said a large oil-sands operator, Syncrude, had failed to operate noisemakers to frighten away migrating ducks, 500 of which were found dead in a company tailings pond.
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A look back at some of the highlights, lowlights and sidelights of the 2008 Four A’s leadership conference.
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International Paper posted lower first-quarter earnings Wednesday that fell short of Wall Street expectations as price increases failed to offset higher raw material costs.
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The Jones Apparel Group posted lower quarterly profit on Wednesday and cut its 2008 outlook as American retailers marked down goods and reduced their orders.
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Cablevision is preparing a $650 million offer for Newsday, while the owners of The New York Observer have dropped out of the bidding.
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Defiant and colorful to the end, the accused Hollywood wiretapper Anthony Pellicano told jurors in his racketeering trial that he was simply a diligent private eye.
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The S.E.C. accused Birmingham Mayor Larry P. Langford of fraud in the underwriting of bond offerings and interest rate swaps.
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Kohlberg Kravis Roberts & Company, the giant buyout firm, plans to announce a new partnership with the Environmental Defense Fund.
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The telecommunication equipment firm said it lost 181 million euros ($282 million) compared with a loss of 8 million euros a year earlier.
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What has an 11-inch screen, offers breathtaking pictures and costs $2,500? It’s the new TV from Sony.
