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NEW YORK (AP) — VF Corp.’s earnings should get a considerable boost beginning next year from the acquisition of boot and clothing maker Timberland Co., a Credit Suisse analyst said Wednesday. Timberland, which made its name in the 1970s with its waterproof heavy duty boot and later boat shoes, agreed in June to be acquired by VF Corp. for more than $2.2 billion
Continue reading …NEW YORK (AP) — Moody’s Investors Service is raising its outlook for Reynolds American Inc., citing the probability that the cigarette maker will continue to see earnings growth and maintain strong financial and liquidity positions.
Continue reading …CAMDEN, N.J. (AP) — In a story July 12 about Campbell Soup Co. offering earnings guidance for fiscal 2011 and 2012, The Associated Press reported erroneously that the company lowered its fiscal 2012 outlook
Continue reading …Shares of Tenet Healthcare Corp. sank Monday after the hospital operator said it expects 2011 earnings to be at the low end of its previously announced guidance, due in part to growth in Medicaid admissions, which offer relatively low reimbursement
Continue reading …DALLAS (AP) — Tenet Healthcare expects 2011 earnings at the lower end of its previously announced guidance, the hospital operator said Monday, largely because of the growth in Medicaid admissions, which offer relatively low reimbursement. The Dallas company has said it expects adjusted earnings before interest, taxes, depreciation, and amortization to range between $1.17 billion and $1.27 billion. Tenet said Medicaid patient admissions made up 75 percent of its growth so far in the third quarter
Continue reading …WASHINGTON (AP) — Federal officials said Friday that CSK Auto Corp.
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