Earnings roundup: Goldman Sachs, La-Z-Boy
By
Associated Press
June 17, 2008
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Among the earnings stories for Tuesday, June 17, from AP Financial News:
Top stories:
NEW YORK (AP) _ Goldman Sachs Group Inc., the world's largest investment bank, on Tuesday said second-quarter earnings fell about 10 percent, but still easily beat lowered Wall Street expectations on higher fees from asset management and stock underwriting.
Other stories:
MONROE, Mich. (AP) _ Furniture maker La-Z-Boy Inc. said it swung to a loss during its fiscal fourth-quarter due to declines in casegoods and retail sales.
FAIRLAWN, Ohio (AP) _ Specialty chemicals maker Omnova Solutions Inc. said Tuesday its fiscal second-quarter loss narrowed on contributions from an Asian business plus stronger pricing.