Clear Channel profit surges, income flat from continuing ops (AP) Company Earnings News - Yahoo! News - Fri, 09 May 2008 12:44:45 GMT AP - Clear Channel Communications Inc. reported Friday its first-quarter profit soared due to asset sales, an investment gain and higher revenue, but earnings from continuing operations were flat.

German insurer Allianz 1Q net profit falls 65 percent (AP) Company Earnings News - Yahoo! News - Fri, 09 May 2008 11:34:46 GMT AP - German insurer Allianz SE said Friday first-quarter net profit fell 65 percent due to difficult market conditions as it wrote down $1.3 billion tied to the U.S. subprime crisis.

Japan Airlines reduces losses in latest quarter (AP) Company Earnings News - Yahoo! News - Fri, 09 May 2008 09:17:59 GMT Employee of Japan Airlines Corp. attend a passenger at a check in counter at Haneda Airport in Tokyo Friday, May 9, 2008. JAL raised its profit forecast for core operations in fiscal 2010 and released a business plan Friday that emphasized job cuts, cost reductions and route changes. (AP Photo/Koji Sasahara)

AIG posts 1Q loss of $7.8B, plans to raise $12.5B (AP) Company Earnings News - Yahoo! News - Fri, 09 May 2008 06:47:56 GMT In this Feb. 27, 2008 file photo, two women pass the entrance to the American International Building in New York's Financial District. American International Group Inc. is slated to report results for the first quarter after the closing bell rings Thursday, May 8, 2008. (AP Photo/Richard Drew, file)

"Guitar Hero" helps Activision rock Wall Street (Reuters) Company Earnings News - Yahoo! News - Fri, 09 May 2008 00:04:35 GMT Guitarist Slash walks off stage at the end of the presentation of the new Activision game Guitar Hero III during the E3 Media and Business Summit in Santa Monica, California July 11, 2007. (Mario Anzuoni/Reuters)

Activision 4Q profit soars past expectations (AP) Company Earnings News - Yahoo! News - Thu, 08 May 2008 21:48:34 GMT AP - Video game publisher Activision Inc.'s fiscal fourth quarter was exceptional, with sales of "Guitar Hero III" and "Call of Duty 4" pushing profit and revenue well above guidance and analyst estimates.

Wall Street Beat: Mixed Earnings, M&A News Hit IT (PC World) Company Earnings News - Yahoo! News - Thu, 08 May 2008 21:30:13 GMT PC World - After a slow climb during the height of a generally positive earnings season, the IT-heavy Nasdaq hit turbulence this week...

Warner Music Group 2Q loss widens on increased expenses (AP) Company Earnings News - Yahoo! News - Thu, 08 May 2008 20:47:00 GMT AP - Warner Music Group Corp., whose artists include R.E.M., Madonna and Green Day, said Thursday that higher costs and a shift to digital music resulted in a wider second-quarter loss and it suspended dividends.

Fortress posts loss, stock price falls (Reuters) Company Earnings News - Yahoo! News - Thu, 08 May 2008 16:27:13 GMT Reuters - Fortress Investment Group LLC reported a quarterly loss on Thursday and its share price fell sharply after its hedge fund business suffered in turbulent market conditions.

Nasdaq first-quarter profit surges on boost from OMX buyout (AP) Company Earnings News - Yahoo! News - Thu, 08 May 2008 15:51:03 GMT AP - Nasdaq OMX Group said Thursday that its quarterly profit surged in its first combined reporting period that included Sweden's OMX stock exchange.