Exxon Mobil doesn't say its earnings are the biggest every, but says rather in a more modest way. It's the calculators and the analysts are the once who said that Exxon made the biggest quarterly profit ever made by any U.S. company. I thought it was earlier said that the Oil companies do not benefit and don't like the rising oil prices...

Hitachi, Ltd. (NYSE:HIT / TSE:6501) today announced its
consolidated financial results for the first quarter of fiscal 2008, ended June 30, 2008.

We need to give Wachovia a bit of credit for warning investors that its earnings were going to be dismal. When you are a week away from posting a nearly $9 billion loss, and the boneheaded analyst community is still anticipating a profit, it's wise to issue a press release.

Lennar, the second-largest US homebuilder, posted a second-quarter loss of $121 million. Around 60 cents a share out of the 76 cents a share in losses was attributed to more write-downs, indicating that the company is still losing money selling houses.

Goldman posted net income of $2.09 billion, or $4.58 a share, on revenues of $9.42 billion for the second quarter. Although this was a decline from the previous year's quarter, it beat analysts' lowered expectations and it actually reported earnings instead of losses, in contrast with Lehman.

Northern Foods that had earlier announced three year strategic plan, reports "good progress" for the first year and reaching profitability.

Freddie Mac shares rose this morning as the company posted a narrower loss than estimated by analysts. Freddie lost $151 million in the first quarter.

In a brilliant PR move, XM Satellite Radio managed to report its earnings in the sixth paragraph of its actual earnings release.

MBIA posted a loss twice as large as anticipated by analysts, as the company was forced to write-down the value of its credit default swaps by $3.58 billion.

Hudson Highland Group, Inc. (Nasdaq: HHGP), one of the world's leading providers of permanent recruitment, contract professionals and talent management solutions, today announced financial results for the first quarter ended March 31, 2008.

Clarus Corporation (OTC Bulletin Board: CLRS.PK) today announced financial results for the quarter ended March 31, 2008. Clarus reported no revenues for the quarters ended March 31, 2008 and 2007, respectively. Net loss for the first quarter of 2008 increased $0.6 million, to $417,000 or $0.02 per diluted share compared to net income of $0.2 million or $0.01 per diluted share during the comparable period of 2007.

Parkway Properties, Inc. (NYSE: PKY) today announced results for its first quarter ended March 31, 2008.