Skip to: Content
Skip to: Site Navigation
Skip to: Search
WEDNESDAY, NOVEMBER 25, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: earnings reports

earnings reports stories: 115 news summaries

21 - 40 of 115 Stories | << Prev 1 2 3 4 5 6 Next >>

Switch to grid view »

MARKETS

 Worries Prevail, Dow Falls 42 

Industrial, financial stocks pace declines

Apr 6, 09 3:27 PM CDT
(Newser) - Stocks fell today, ending a 4-day winning streak for the Dow as worries about grim first-quarter earnings reports spooked investors, the Wall Street Journal reports. Alcoa, which will give its report tomorrow, fell 4.3%, as did Caterpillar, off 3.5%. The Dow fell 41.74 to close at 7,... More »

MORE ABOUT:
Dow Jones • Alcoa • earnings reports • Nasdaq • Caterpillar • S&P 500

Earnings

 FedEx Earnings Dive 75% 


Mar 19, 09 7:52 AM CDT
(Newser) - FedEx net income plunged 75% in the third quarter, the company announced today, a bad sign for economists who consider the shipping giant a bellwether. FedEx also announced plans to cut $1 billion in costs, though it didn’t detail how many job cuts that might entail. The company has... More »

MORE ABOUT:
earnings reports • corporate earnings • FedEx • job cuts • financial crisis

 Markets Dive as HSBC Shuts 
 US Business, Axes 6,100 

Banking giant sells record $17.8B in new stock

Mar 2, 09 3:47 AM CST
(Newser) - European and Asian markets took a nosedive today, and HSBC announced it will sell $17.8 billion in new stock in the largest rights issue in British corporate history. Europe's largest bank ended last year in the black, posting a $9.3 billion profit. But HSBC wrote off $10.6... More »

MORE ABOUT:
earnings reports • bank • HSBC • bonuses • writedowns • subprime lender

(Newser) - Fannie Mae received $15 billion from Uncle Sam last night after reporting a $25.2 billion fourth-quarter loss, the Washington Post reports. The loss, caused mostly by sinking mortgage-related investments, brought the company’s 2008 losses to $59 billion. This marks the first time Fannie has dipped into its potential... More »

MORE ABOUT:
earnings reports • corporate earnings • Fannie Mae • GSE

 GM Loses $9.6B in Q4, 
 Guzzles $6.2B in Cash 

Misses estimates, stock tanks

Feb 26, 09 7:08 AM CST
(Newser) - General Motors burned through $6.2 billion in cash on its way to losing $9.6 billion in the fourth quarter, the company announced today, dragging its liquidity down to $14 billion. Analysts were expecting a loss, but not one this ghastly—the company’s stock is down nearly 24%... More »

MORE ABOUT:
General Motors • earnings reports • corporate earnings • auto industry • cash

 UBS Shocks With 
 Record $17B Loss 

Swiss banking giant posts worst loss in nation's history

Feb 10, 09 6:38 AM CST
(Newser) - UBS today announced an annual loss of $17 billion—the biggest ever by a Swiss company—despite a government bailout and a surprise tax benefit in the fourth quarter. The loss was higher than expected, but the once-mighty corporation reiterated that it would not sell off its investment banking arm,... More »

MORE ABOUT:
Switzerland • UBS • earnings reports • losses • investment banks • Swiss bank • financial crisis

 News Corp. Posts $6.4B Loss 


Feb 5, 09 5:23 PM CST
(AP) - News Corp., the global media giant controlled by Rupert Murdoch, said today it lost $6.4 billion in its most recent quarter because of a massive write-down in the value of its assets. The company, which owns the Wall Street Journal and Fox, also forecast a 30% drop in operating... More »

MORE ABOUT:
Rupert Murdoch • Wall Street Journal • earnings reports • recession • Fox News • News Corp • economic downturn

MARKET Open

 Stocks Up After Testing Lows 

Dow moves back toward 8,000 in early trading

Feb 3, 09 8:55 AM CST
(Newser) - Stocks took a modest bounce at the open, after a Monday session that left the Dow near its bear-market lows, the Wall Street Journal reports. The Dow climbed 20 points to 7,958, while the S&P and Nasdaq inched up fractionally. In individual stocks, Motorola plunged 8.6% after... More »

MORE ABOUT:
stock market • earnings reports • Nasdaq • Dow • S&P 500

MARKETS

 Dow Off 149, 
 Down 8.8% for Month 

GDP report ends month of layoffs, losses

Jan 30, 09 3:18 PM CST
(Newser) - Stocks extended losses today off the news of a 3.8% decline in US GDP for the fourth quarter, ending a turbulent month, MarketWatch reports. The report capped a week of widespread layoffs and poor earnings at major US firms. Amazon.com was a rare exception, up 18% on strong... More »

MORE ABOUT:
layoffs • Dow Jones • earnings reports • Nasdaq • GDP • S&P 500 • Amazon.com • Amazon


 Exxon Breaks Own 
 Profit Record 
 With $45B Haul 

The oil behemoth shattered the annual profit record despite slow fourth quarter

Jan 30, 09 8:13 AM CST
(AP) - Buoyed by last year's spike in crude prices, Exxon Mobil Corp. today reported a profit of $45.2 billion for 2008, breaking its own record for a US company, even as its fourth-quarter earnings fell 33%  from a year ago. The previous record for annual profit was $40.6 billion,... More »

MORE ABOUT:
United States • earnings reports • corporate earnings • Exxon Mobil • oil prices • oil demand

Sony's Profit
Off 95% in Q4

Company blames slow economy, strong yen for 25% sales slump across the board

Jan 29, 09 6:46 AM CST
(Newser) - Slumping demand, a strong yen, and increased competition knocked Sony’s third-quarter profits off 95% from a year ago, reports CNN. Sony reported profits of $110 million for the quarter ended Dec. 31, down from $2.2 billion a year ago. Sony’s gaming segment was hit especially hard, with... More »

MORE ABOUT:
earnings reports • Sony • corporate earnings • yen • consumer electronics • Sony Playstation • financial crisis

MARKETS

 Dow Up 58 On Mixed Data 

December existing-home sales rise 6.6%

Jan 27, 09 3:22 PM CST
(Newser) - Stocks ended higher for the third straight day today amid mixed financial news, the Finanical Times reports. Home prices sank, leading to a surge in sales, while consumer confidence remained low. A better-than-expected earnings report from AmEx led financials higher as the Dow closed up 58.70 points at 8,... More »

MORE ABOUT:
Dow Jones • earnings reports • American Express • Nasdaq • Case Shiller price index • existing home sales • S&P 500

MARKET open

 Stocks Shrug Off Job Losses 

Pfizer deal drives gains

Jan 26, 09 8:58 AM CST
(Newser) - Pfizer’s massive deal to buy Wyeth helped investors shrug off the bloodbath at Caterpillar, Home Depot and Sprint-Nextel this morning, sending indexes slightly higher at the open. The Dow rose 55 points, while the S&P and Nasdaq rose 11 and 18 points respectively. Caterpillar fell 10% pre-market after... More »

MORE ABOUT:
stock market • McDonald's • Pfizer • earnings reports • Nasdaq • Caterpillar • Dow • Wyeth • S&P 500

 Caterpillar to Slash 20K Jobs 

Don't they know Obama wants to heap money on infrastructure?

Jan 26, 09 7:50 AM CST
(Newser) - Caterpillar Inc will cut 20,000 jobs—or 18% of its workforce—after posting a 32% drop in fourth-quarter income, the Wall Street Journal reports. “We were whipsawed in the fourth quarter,” said CEO Jim Owens. “Key industries were hit by a rapidly deteriorating global economy.”... More »

MORE ABOUT:
layoffs • construction • earnings reports • unemployment • Caterpillar • corporate earnings • infrastructure • job cuts • financial crisis

Google's Profit Drops,
But Still Beats Forecasts

$382M is off 68% from Q4 of '07; search giants looks to have restrained spending

Jan 22, 09 3:49 PM CST
(AP) - Quarterly profit at Google fell for the first time, although the performance was better than analysts anticipated. Google made $382 million, or $1.21 per share, in the three months ending in December—a 68% drop from the same period in 2007. The results indicated the company was able to... More »

MORE ABOUT:
Google • Microsoft • earnings reports • financial crisis

 Microsoft to Ax 5K Jobs 


Jan 22, 09 9:20 AM CST
(Newser) - Microsoft surprised the street today by releasing its earnings early, and they weren’t pretty. The software giant’s revenues inched up only 2%, below earlier guidance, and its net income dropped 11%. More alarming, the company said it was slashing 5,000 jobs, starting with 1,400 today, which... More »

MORE ABOUT:
Microsoft • layoffs • earnings reports • corporate earnings • job cuts

 Citi Posts $8.3B Loss, 
 Prepares to Split in Two 

Still smarting from bad mortgage bets, the company will split to remain solvent

Jan 16, 09 7:52 AM CST
(Newser) - Citigroup lost $8.29 billion in the fourth quarter—twice as much as expected—as the credit crisis continues to batter big banks, Bloomberg reports. The bank suffered a net loss of $1.72 per share, falling far short of analysts’ estimates. Citigroup, which lost 77 percent of its trading... More »

MORE ABOUT:
Citigroup • Morgan Stanley • earnings reports • quarterly reports • stock price • bailout • Smith Barney

MARKET Open

 Stocks Drop on Citi,
 Retail Woes 


Nov 17, 08 8:49 AM CST
(Newser) - Stocks slid at the open, as Citigroup slashed jobs and retailers reported yet more disappointing results. The Dow lost 160 points, while the S&P and Nasdaq dropped 1.8% and 1.5% respectively. Among the big drops were Target and Lowe’s, which each took a 24% hit to... More »

MORE ABOUT:
stock market • NASDAQ • Citigroup • Dow Jones • earnings reports • Lowe's • third quarter earnings • Target • S&P 500

MARKET Open

 Stocks Drop 
 on Retail, Auto Woes 

Dow drops, Best Buy disappoints, Detroit begs

Nov 12, 08 8:49 AM CST
(Newser) - Stocks headed south at the open today, as traders worried over a weak holiday season and the crashing auto industry. The Dow fell 166 points, while the S&P and Nasdaq shed 1.9% and 1.5% respectively. The latest sign of a retail apocalypse came from Best Buy, which... More »

MORE ABOUT:
stock market • retail • Dow Jones • earnings reports • Best Buy • earnings forecast

 GM Loses $4.2B, Has Little Cash 

Talks with Chrysler dead

Nov 7, 08 11:30 AM CST
(Newser) - General Motors is almost out of money, the company said today, reporting a quarter far worse than Wall Street was prepared for. The nation’s largest automaker lost $4.2 billion, or $7.35 a share, excluding special items, nearly double the $3.70-per-share analysts expected. After burning through $6.... More »

MORE ABOUT:
General Motors • earnings reports • liquidity • auto industry • third quarter earnings • cash

21 - 40 of 115 Stories | << Prev 1 2 3 4 5 6 Next >>


from our news partners