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Dell installs new CEO; company raises earnings guidance

...formally handed over the chief executive job to president Kevin Rollins on Friday as the computer giant raised its earnings guidance for the second quarter. Dell, who started the company in 1984 while a student at the University of Texas, announced...
Dollar Drag: surging buck hits US corporate earnings

...for the rest of the year in half, largely because of the dollar."A lot of the companies I follow have cut their earnings guidance for the year, and it was all a result of FX," said Bill Stone, chief investment strategist at PNC Asset Management...
Commercial jets push Boeing profits up 52 percent

...provisioned tankers the first part of next year," CEO Jim McNerney said in a statement.Boeing also increased its earnings guidance for the year to $6.85 to $7.05 per share, up from a range of $6.10 to $6.30. Its annual revenue guidance...
Target data breach worse than reported

...program, which Target said it will provide more details next week.Target lowered its fourth-quarter adjusted earnings guidance to a range of $1.20 to $1.30 per share, down from $1.50 to $1.60 per share.Analysts surveyed by FactSet...
Krispy Kreme lowers earnings guidance

WINSTON-SALEM, N.C. -- Krispy Kreme Doughnuts Inc. lowered its forecast for earnings this fiscal year, saying it expects a 10 percent drop from earlier guidance because of increasing consumer interest in low-carbohydrate diets. Its shares tumbled 23 percent in early trading.
Tyson cites mad cow effects, plant closings in lowering earnings guidance

SPRINGDALE, Ark. -- Tyson Foods Inc., the world's largest meat company, tumbled more than 8 percent Monday after it lowered its earnings forecast for this fiscal year, citing expenses from plant closings and weaker demand for meat because of the discovery of a case of mad cow disease.
Ford profit more than doubles from year ago

...General Motors Corp., also raised its full-year earnings guidance. Earnings for the period amounted to 94 cents a...prior sale. Ford said it was raising its full-year earnings guidance from a range of $1.20 to $1.30 a share to a...
Club Car parent company posts $365 million profit

...conditioning systems for homes and businesses, security systems and locks and other products boosted its full-year earnings guidance but lowered the high end of its revenue outlook.Ingersoll-Rand, whose brands include Club Car, Thermo King...
Krispy Kreme to face formal inquiry

...was the subject of an "informal, nonpublic inquiry" by the SEC on its franchise reacquisitions and its future earnings guidance. Formal investigations require a vote by SEC commissioners, which allows the commission staff to require testimony...
Business briefs

...income rose by 23 percent as its key China market posted stronger growth.Yum Brands Inc. on Tuesday also raised its earnings guidance. Shares rose 4 percent in after-hours trading.Profit came to $471 million, or $1 per share, in the three...