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The Kmart Corporation said yesterday that it planned to invest about $2 billion in technology and infrastructure improvements in the next two years, as part of an effort to improve earnings and store operations.
Lilly is cutting jobs and spending to fix production flaws to improve earnings.
The company said it planned to improve earnings by cutting jobs and reducing employee benefits.
Other analysts were pessimistic about the deal, which Albertsons executives said would improve earnings beginning this year.
Foster's, which makes Australia's top-selling Victoria Bitter, is buying wine businesses to improve earnings as beer sales slow.
Over the short term, however, in order for Asian markets to improve, earnings upgrades in Asia are needed.
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About 67 percent of banks reported improved earnings.
As a shareholder, it profits from the banks' improved earnings.
The unit that caters to corporations showed improved earnings.
It reported its first profit in 1996 and has improved earnings every year since.
In other corporate news Thursday, Corning and General Mills both provided improved earnings outlooks.
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