PROACTIVE US NEWS SUMMARY: Walt Disney, Rackspace Hosting, Ralph Lauren, McDonald’s and more
8th Aug 2012, 3:45 pm by Proactiveinvestors
Walt Disney Co. () said late Tuesday that fiscal third-quarter profits rose 31 per cent on improved earnings at its theme parks and the performance of superhero movie "The Avengers".
() said Wednesday second quarter earnings increased as sales and margins improved.
Ralph Lauren () said Wednesday first quarter of fiscal 2013 results grow, despite a challenging economy impacting spending.
McDonald’s () said Wednesday that global comparable sales were relatively flat in July, as performance in all markets slowed with declines across all three regions.
Hewlett-Packard Co. () expects to post higher per-share adjusted profit in third quarter, despite a massive restructuring and write-down charge.
Online travel company Priceline.com () late Tuesday reported a 37 per cent jump in second-quarter earnings, but its outlook, impacted by the financial situation in the eurozone, missed expectations.
Carlyle Group (NASDAQ:CG) announced Wednesday a loss in the second quarter, as revenues plunged 90 per cent due to the value of the private equity portfolio dropping 2 per cent.
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