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McDonald's 1Q Profit Climbs 22 Percent
Summary from United States, from articles in English
NEW YORK Pfizer Inc., the world's largest drug maker, said Friday its profit fell 17.5 percent in the first quarter, hurt by one-time charges and disappointing sales of diabetes drug Exubera. (article 2) Excluding one-time items, the company reported adjusted profit of $4.8 billion, or 68 cents per share, up from $4.35 billion, or 59 cents per share, last year. (article 2) HARTFORD, Conn. Xerox profits jumped nearly 17 percent in the first quarter of the year to $233 million, the company announced Friday, on the strength of solid revenue gains and cost-cutting measures. (article 7) CHICAGO Media companies announced lackluster earnings during their latest quarter as declining revenue, profit and circulation figures dealt the newspaper industry its latest financial blow. (article 5) Sun owner Tribune Co., Gannett Co., New York Times Co. and Media General Inc. all reported lower earnings yesterday, as classified advertising dwindled and overall online revenue growth began to slow, analysts said. (article 5) The company said net income was "significantly impacted" by expenses related to the previously disclosed merger agreement with Bradford Bancorp and a higher provision for loan losses. (article 3) As of the quarter's end, the company reported assets of $255 million and total stockholders' equity of $19.3 million. (article 3)

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    cents, quarter, revenue, share, percent

    Source articles
    1. Southwest's results may mean changes (dallasnews.com, 04/19/2007, 751 words)
    2. Pfizer 1Q Profit Falls 17.5 Percent (baltimoresun.com, 04/20/2007, 675 words)
    3. Business Digest (baltimoresun.com, 04/20/2007, 651 words)
    4. More Business Digest (baltimoresun.com, 04/20/2007, 634 words)
    5. Media companies continue struggling (baltimoresun.com, 04/20/2007, 549 words)
    6. Tech briefs :: CHICAGO SUN-TIMES :: Technology (suntimes.com, 04/18/2007, 315 words)
    7. Xerox Q1 Earnings Up Nearly 17 Percent (baltimoresun.com, 04/20/2007, 627 words)
    8. McDonald's 1Q Profit Climbs 22 Percent (Washington Post, 04/20/2007, 387 words)




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