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Business news with words drop+swung. 6 news.

by pages: 1

Recent news

Mon, 31 Dec 2007 (more news this day)
17:24 Profit projections slide for fourth quarter
Reuters: Business News
NEW YORK (Reuters) - Projections for S&P 500 companies' fourth-quarter earnings swung to a 6.1 percent drop on Monday from an 11.5 percent rise on October 1, in the biggest quarterly move since Reuters Estimates started compiling analysts' forecasts in 1999.
17:02 Profit projections slide for fourth quarter (Reuters)
Yahoo! News: Business
Reuters - Projections for S&P 500 companies' fourth-quarter earnings swung to a 6.1 percent drop on Monday from an 11.5 percent rise on October 1, in the biggest quarterly move since Reuters Estimates started compiling analysts' forecasts in 1999.
Thu, 01 Nov 2007 (more news this day)
21:42 Eastman Kodak Posts 3Q Profit, Sales Dip
USNews.com -- Headlines from the Associated Press
ROCHESTER, N.Y. (AP) -- Eastman Kodak Co., rounding the final bend in a four-year digital overhaul, swung to a $37 million profit in the third quarter Thursday as digital revenue almost tripled and wider profit margins overshadowed a slight drop in overall sales....
15:17 Eastman Kodak posts Q3 profit on higher digital sales
Tech News -- mercurynews.com
ROCHESTER, N.Y. - Eastman Kodak Co., rounding the final bend in a four-year digital overhaul, swung to a $37 million profit in the third quarter Thursday as digital revenue almost tripled and wider profit margins overshadowed a slight drop in overall sales.
13:53 Eastman Kodak swings to 3Q profit (AP)
Yahoo! News: Earnings News
AP - Eastman Kodak Co., rounding the final bend in a four-year digital overhaul, swung to a $37 million profit in the third quarter Thursday as digital revenue almost tripled and wider profit margins overshadowed a slight drop in overall sales.
Wed, 24 Oct 2007 (more news this day)
10:19 Ambac swings to loss on credit derivatives exposure
MarketWatch.com - MarketPulse
LONDON (MarketWatch) -- Ambac Financial Group Inc. said Wednesday that it swung to a third-quarter net loss of $360.6 million, or $3.51 a share, from a profit of $213.5 million, or $1.98 a share, a year earlier. Ambac said the loss was due to the previously-announced unrealized loss on credit derivatives exposure of $743.4 million, which stemmed from the drop in market prices of collateralized debt obligations. Excluding the impact of this loss, operating earnings slipped 2% to $1.88 a share, matching analyst expectations according to a survey by Thomson Financial. The group said it has seen improved overall market conditions in most asset classes of its core financial guarantee product, despite the turmoil in structured finance markets.
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