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Earnings Analysis: 
Helmerich & Payne Posts Higher Profit
Author: 123jump.com Staff
123jump.com
Last Update: 1:42 PM EST November 16 2006



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Helmerich & Payne quarterly earnings increased, including a gain from the sale of portfolio securities. Stein Mart third-quarter profit decreased 83%, hurt by higher expenses. Williams-Sonoma third-quarter net earnings declined 21% as the sales at Pottery Barn and other home furnishing brands were hurt by housing market slowdown. Sears Holdings reported quarterly profit more than tripled helped by gains from some risky investments, cost cutting and improved demand for clothing.

 

 

 

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