WSJ’s Jonathan Welsh reviews the Rocker, the latest motorcycle — or chopper — from Harley Davidson. (May 9)
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Brewer InBev reported a worse-than-expected 11% fall in first-quarter net profit, as lower beer sales in Brazil and higher raw-materials costs pinched the company’s margins.
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Deutsche Telekom said its first-quarter net income more than doubled as it reaped the benefit of selling its media and broadcast unit.
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Bond insurers Security Capital Assurance and Assured Guaranty both reported first-quarter losses amid the credit crunch, which has shrunk the value of many mortgage-backed securities they insured.
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Three Japanese consumer-loan firms swung back into the black for the 12 months ended March 2008 after racking up huge losses the previous financial year.
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Softbank’s net profit more than doubled in its fiscal fourth quarter as tax credits helped the Japanese company absorb the cost of luring subscribers to its mobile-phone business.
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El Paso recorded strong growth in its pipeline and exploration-and-production businesses, although its quarterly profit dropped 65% from a year-earlier result that was boosted by a divestiture gain..
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Dynegy swung to a first-quarter loss as it was hurt by losses on forward power contracts that were negotiated before power prices surged to recent highs.
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