Nov 4th, 2009 - Forbes
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Whole Foods Market Inc. appears to be adjusting to its new economic reality.
The natural and organic grocer, known for its high-end products and similarly high prices, says lower prices are bringing shoppers back in its doors, driving a surge in fourth-quarter profit.
Whole Foods said Wednesday that shoppers bought more items in its stores, but continued pressure to compete on price and uncertain economy made some investors nervous about its outlook for the year.
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Starbucks raises outlook as turnaround signs mount
Nov 5th, 2009 - Reuters
LOS ANGELES (Reuters) - Starbucks Corp (SBUX.O) raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth...Whole Foods Market profit and sales grow in fourth quarter; weak outlook sends shares down
Nov 4th, 2009 - ChicagoTribune
PORTLAND, Ore. (AP) - Whole Foods Market Inc. said Wednesday that its business has officially turned the corner as sales and profit grew in the fourth quarter, but a weak outlook for next year sent shares tumbling after-hours.
Genpact 3Q profit fell; shares rise on outlook
Nov 4th, 2009 - Houston Chronicle
NEW YORK — Business process services outsourcer Genpact Ltd. said on Wednesday that its third-quarter profit fell slightly from a year ago as competitive pricing continued...
Time Warner 3Q profit drops, boosts outlook
Nov 4th, 2009 - ABC 7 News
NEW YORK - Media conglomerate Time Warner Inc. reported a 38 percent drop in third-quarter profit, hurt by declines at its AOL and publishing segments.But the results beat expectations and the company is boosting its full-year earnings forecast.
Time Warner posts lower 3Q profit, but boosts earnings outlook for the year
Nov 4th, 2009 - ChicagoTribune
NEW YORK (AP) - Media conglomerate Time Warner Inc. reported a 38 percent drop in third-quarter profit, hurt by declines at its AOL and publishing segments. But the results...
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