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October 7, 2008 6:44:07 PM CDT

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Stories related to: third quarter earnings

Stories

5 Stories

  • September 2008

    • Eyes on DC, Stocks Lift at Bell

      Wall Street Journal  |  Sep 25, 08 8:55 AM CDT

      Eyes on DC, Stocks Lift at Bell

      (Newser) - An estimate cut from GE couldn’t keep the markets down this morning, as bailout optimism drove the Dow up 88 points, with the Nasdaq and S&P each raising 0.7%, the Wall Street Journal reports. GE slumped 4% premarket after cutting its third-quarter estimates, and predicted that “difficult conditions in the financial-services markets are not likely to improve in the near future.” More »

      Tags

      stock market  • bailout  • markets  • General Electric  • third quarter earnings

    • Morgan Stanley Profit Dips, But Easily Beats Forecasts

      Bloomberg  |  Sep 16, 08 5:40 PM CDT

      Morgan Stanley Profit Dips, But Easily Beats Forecasts

      (Newser) - Morgan Stanley reported a 3% percent drop in third-quarter earnings but easily beat Wall Street expectations, Bloomberg reports. The investment bank's profit fell to $1.43 billion, or $1.32 per share from $1.47 billion, or $1.38, a year ago. Analysts expected 78 cents a share. The relatively good news came at the end of another volatile day on Wall Street, and Morgan Stanley released the figures a day early to help calm investors. Rival Goldman Sachs reported a 70% drop in earnings this morning. More »

      Tags

      Wall Street  • earnings reports  • Morgan Stanley  • financial markets  • third quarter earnings  • meltdown

  • November 2007

    • Dreary Housing Market Nails Home Depot

      Wall Street Journal  |  Nov 13, 07 7:31 AM CST

      Dreary Housing Market Nails Home Depot

      (Newser) - A weak housing market hammered Home Depot’s third quarter, sending revenues down 4% and cutting net income 27%, reports the Wall Street Journal. The Atlanta-based retailer today said net income fell to $1.09 billion compared to $1.49 billion a year ago. “We are facing a tough environment as housing indicators continue to deteriorate,” said CEO Frank Black. More »

      Tags

      housing market  • corporate earnings  • Home Depot  • third quarter earnings

  • October 2007

    • eBay Posts Big Growth but Net Loss Thanks to Skype

      Wall Street Journal  |  Oct 18, 07 5:45 AM CDT

      eBay Posts Big Growth but Net Loss Thanks to Skype

      (Newser) - EBay reported strong growth in some sectors despite posting a $936 million net loss for the third quarter, reports the Wall Street Journal . Most of the loss is due to the company writing down internet calling company Skype by $1.39 billion after eBay found it difficult to make money off the operation since its acquisition two years ago. Excluding such one-time costs, eBay pulled in a $564 million profit. More »

      Tags

      eBay  • earnings reports  • Skype  • PayPal  • third quarter earnings  • StubHub

    • Yahoo's Earnings Top Expectations

      CNN  |  Oct 17, 07 6:01 AM CDT

      Yahoo's Earnings Top Expectations

      (Newser) - Yahoo reported better-than-expected sales and profits for the third quarter yesterday, pushing its stock up 10% in after-hours trading—despite having fallen 4% during regular market hours. The company pulled in a net income of $151 million, or 11 cents a share, slightly behind earnings for this time last year, but well ahead of the 8 cents a share predicted on the street. More »

      Tags

      stock market  • Yahoo  • search engine  • third quarter earnings

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