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Latest earnings news
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October 26, 2000: 11:10 p.m. ET
Globe.com suffers; Inktomi plunges after reporting better-than-expected earnings
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NEW YORK (CNNfn) - The Globe.com cited weak online advertising for its wider third quarter losses.
Shares of Inktomi dropped sharply in after-hours trading Thursday after the company reported beating Street estimates. Conseco fell short of analysts' projections while NBCI announced a smaller- than-expected third quarter loss.
JDS Uniphase reported third-quarter profits that topped Wall Street forecasts, as did Amgen, Lockheed Martin Corp. and Dow Chemical. Earnings at DaimlerChrysler met estimates, while WorldCom profits rose 26 percent, meeting the Street.
Consumer electronics maker Sony's results fell due in part to the costs of marketing its new PlayStation 2 video game player. Cereal maker Kellogg Co. earnings were in line with estimates.
Click here to see how the 30 stocks in the Dow Jones industrial average have fared.
EDS edges estimates
Electronic Data Systems Corp., the world's No. 2 computer services provider, on Thursday posted a 16 percent gain in third-quarter earnings per share that beat analysts' estimates by a penny but reported total revenues that were nearly flat. [Click here for more]
Inktomi beats estimates; stock dips
The stock of Inktomi Corp (INKT: Research, Estimates), a maker of Internet search and traffic management technology, declined sharply in after-hours trading Thursday, even though the company posted a fourth-quarter pro forma profit that beat Wall Street expectations. [Click here for more]
Conseco reports 3Q loss
Conseco Inc., (CNC: Research, Estimates) the troubled U.S. life insurance and loan company, said on Thursday it had a loss for the third-quarter as it took a heavy charge as part of its attempt to shore up its finances.[Click here for more]
NBCI narrows loss
Online media company NBC Internet Inc., whose president resigned last week, said Thursday its third-quarter loss narrowed more than expected and that it expects its fourth-quarter loss to also be narrower than expected amid recent restructuring efforts. [Click here for more]
JDS tops estimates
JDS Uniphase (JDSU: Research, Estimates), the world's largest supplier of components for fiber-optic networking systems, reported a fiscal first-quarter profit that topped expectations on stronger-than-expected revenue. After the closing bell, JDS said it earned $177 million, or 18 cents per share, excluding special charges. [Click here for more]
Amgen beats estimate
Biotechnology bellwether Amgen Inc. (AMGN: Research, Estimates) posted a 16 percent increase in third-quarter earnings Thursday, slightly beating Wall Street's forecasts, but warned that sales growth for its two biggest-selling products likely will fall short of full-year estimates. [Click here for more]
HotJobs beats Street, raises target
Internet-based job recruiting company HotJobs.com Inc. (HOTJ: Research, Estimates) on Thursday reported a third-quarter loss, excluding non-cash charges and goodwill, of 21 cents a share that beat Wall Street estimates by a penny. The company also said its fourth quarter loss will also be one cent better than expectations for a loss of 21 cents a share. HotJobs expects fourth quarter revenues to rise 6 to 8 percent from third quarter revenues of $28.8 million.
Daimler 3Q meets estimates
German-U.S. automaker DaimlerChrysler AG (DCX: Research, Estimates) said third-quarter operating profit plunged 80 percent, matching analysts' forecasts, as sales by its U.S. Chrysler unit struggled amid efforts to promote new models. [Click here for more]
Lockheed beats Street
Defense and aerospace contractor Lockheed Martin Corp. (LMT: Research, Estimates) flew over third-quarter forecasts, although profits were well off year-earlier levels. [Click here for more]
WorldCom profits rise 26%
WorldCom Inc. reported a 26 percent increase in third-quarter profits and confirmed it would unveil its restructuring plan next week. Profits of 47 cents a share, excluding one-time items, for the telephone and data services company matched Wall Street forecasts. [Click here for more]
Dow Chemical beats Street
Dow Chemical Co.'s (DOW: Research, Estimates) third-quarter profits edged higher, beating Wall Street forecasts, as strong sales helped the No. 2 U.S. chemical company offset higher raw material costs. [Click here for more]
PlayStation 2 spanks Sony
Consumer electronics heavyweight Sony Corp. (SNE: Research, Estimates) reported net profit that sank 57 percent in the latest quarter due mainly to the strong yen and costs of rolling out its new PlayStation 2 video game player. [Click here for more]
Kellogg meets 3Q
Cereal maker Kellogg Co. Thursday met Wall Street's third-quarter earnings estimates of 45 cents a share. That's 7.1 percent more than the 42 cents a share it earned in the year-ago quarter. [Click here for more]
B.F. Goodrich in line
B.F. Goodrich (GR: Research, Estimates) reported third-quarter profits of 82 cent a share, excluding one-time items, matching Wall Street forecasts, up from 74 cents a share a year earlier. Sales edged up to $1.4 billion for the maker of aerospace and industrial products.
Phillips misses 3Q mark
Rising crude oil and gasoline prices helped Phillips Petroleum Corp. more than double its third-quarter profit, but the company still narrowly missed Wall Street's earnings expectations Thursday because of weaker results from its downstream refining business. [Click here for more]
AIG meets Street
American International Group Inc., the world's largest insurer by market value, posted a 15 percent rise in third-quarter profits on Thursday, while its chairman raised the possibility of insurance acquisitions across the world. [Click here for more]
UBS 3Q profit jumps 73%
UBS AG beat analysts' forecasts with a 73 percent surge in third-quarter profit as earnings at its investment bank UBS Warburg doubled, prior to the purchase of Paine Webber Group Inc. that will make the Swiss company the world's top private banking concern. [Click here for more]
Alberto-Culver beats Street
Personal care products maker Alberto-Culver Co. (ACV: Research, Estimates) announced on Thursday that its fiscal fourth-quarter earnings rose 12.7 percent, beating forecasts, as gains in the company's Alberto VO5 and St. Ives Swiss Formula brands in its North American units helped results. [Click here for more]
Stilwell tops Street
Stilwell Financial (SV: Research, Estimates), the majority owner of fund giant Janus, beat third-quarter earnings estimates on Thursday by 6 cents a share, thanks to better than 90 percent increases in revenue and average assets under management compared with the year-ago quarter. [Click here for more]
Globe.com mounts losses
TheGlobe.com, a firm which soared 606 percent on its first day as a public company but has since become a symbol of dot.com-era excess, Thursday reported wider third-quarter losses and blamed the weak online advertising market. [Click here for full story] 
--Compiled from staff and wire reports
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