Sponsored by
Associated Press
  •  

Earnings roundup: Wal-Mart, Iamgold

By Associated Press May 13, 2008 Comments (0)

0 Recommendations

Among the earnings stories for Tuesday, May 13, from AP Financial News:

LITTLE ROCK, Ark. (AP) _ Wal-Mart Stores Inc. on Tuesday said first-quarter profits rose 6.9 percent, but issued a cautious outlook for the current quarter and warned that the economy will be a "critical factor" in 2008.

NEW YORK (AP) _ Gold-mining company Iamgold Corp. said Tuesday its first-quarter earnings soared on higher production and higher selling prices.

PHILADELPHIA (AP) _ Investors scouring for hints of a housing upturn won't find much evidence in the second-quarter preliminary sales results of luxury-home builder Toll Brothers Inc.

NEW YORK (AP) _ Shares of Consolidated Water Co. sank in Tuesday trading after the company said its first-quarter income dropped more than 50 percent due in part to a large loss from an investment in the British Virgin Islands.

KAPOLEI, Hawaii (AP) _ Shares of Hoku Scientific Inc. fell nearly 4 percent Tuesday after the solar products maker reported a fiscal fourth-quarter loss and the end of a financing deal with Merrill Lynch.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 644136, ~/articles/articlehandler.aspx, 7/5/2008 6:42:46 PM, No ticker

Related Tickers

Consolidated Water Co. Ltd.

CWCO Down! $16.00 -0.79 (-4.71%) 12:59 PM
CAPS Rating:
162 Outperforms
8 Underperforms
Rate This Stock

Major Indices

S&P 5001,262.90+0.11%
DJIA11,288.54+0.65%
RSL 2K665.78 -0.98%
NASD2,245.38 -0.27%
Updated: 1:04:33 PM
Sponsored by:

The Motley Poll

Will the U.S. economy fall into recession?

Sponsored by: