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Second-quarter earnings at a glance

Last update: August 19, 2008 - 9:08 PM

 

The numbers: Profit fell 7.58 percent from a year ago to $634 million.

Red card laggards: Credit card profits dropped 65 percent; write-offs more than doubled.

Fewer stores: Target will open 70 to 75 stores next year, down from a planned 90 to 100.

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Lights out at U energy conference. Irony police notified.

Just as Lawrence Kazmerski, a top official at the National Renewable Energy Laboratory, was about to give the keynote address at the University of Minnesota's annual E3 conference at the RiverCentre in St. Paul, the lights went out, bathing the audience in darkness and a deep sense of irony.

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