Quarterly Earnings

Wall Street's Gains Equal Main Street's Loss?

Michael J. Panzner | Posted 08.24.2009 | Business


Michael J. Panzner

Ordinarily, a bull run like this would be cause for optimism, on the belief that savvy investors see a light at the end of the tunnel. But could the good news that is powering share prices be bad news for the economy?

The Farce Behind Quarterly Earnings

Huffington Post | Ryan Grim and Julie Satow | Posted 05.14.2009 | Business


Wall Street has long viewed quarterly earnings skeptically, but this season may be one of the least realistic in recent memory. That's because banks a...

Comparing Recessions: Chart

Huffington Post | Posted 05.11.2009 | Business


Earning season is in high gear, so it is a good time to take a look at the earning performance of the S&P 500. This chart from Standard & Poors, poin...

News Corp. Suffers Staggering $6.4 Billion Loss

AP | RYAN NAKASHIMA | Posted 03.08.2009 | Business


LOS ANGELES — News Corp., the global media giant controlled by Rupert Murdoch, said Thursday it lost $6.4 billion in its most recent quarter bec...

Time Warner Takes $24.2 Billion Writedown

AP | RYAN NAKASHIMA | Posted 03.07.2009 | Business


LOS ANGELES — Media and entertainment giant Time Warner Inc. reported a fourth-quarter loss, hurt by a previously expected $24.2 billion writedo...

Yahoo Profits Sink; 1,000 To Be Laid Off

Los Angeles Times | Jessica Guynn | Posted 03.28.2008 | Business


Facing rising competition and shareholder unrest, Yahoo Inc. on Tuesday took steps to reverse its flagging fortunes, including its first layoffs since...

UBS To Post Record $11.45 Billion Loss

AP | ELIANE ENGELER | Posted 03.28.2008 | Business


GENEVA — Subprime mortgage woes deepened for Swiss banking giant UBS AG, which Wednesday said it expects a $11.45 billion hit in the fourth quar...

Countrywide Posts $422 Million Loss

AP | ALEX VEIGA | Posted 03.28.2008 | Business


LOS ANGELES — The $422 million loss Countrywide Financial Corp. reported Tuesday didn't appear to scare off Bank of America. "At this point, ev...

Wells Fargo Posts Lowest Quarterly Profit In Six Years

AP | Michael Liedtke | Posted 03.28.2008 | Business


Wells Fargo & Co. ended 2007 with its lowest quarterly profit in six years, dragged down by the declining home values and mortgage mess that's torment...

Does Goldman Deserve Its Golden Status?

Seeking Alpha | Posted 03.28.2008 | Business


Goldman Sachs (GS) continues to be the favorite investment bank for many, but market instability and its premium valuation has analysts debating its p...

Bear Stearns Sinks, Posts Huge Quarterly Loss

AP | Posted 03.28.2008 | Business


Bear Stearns Cos., the No. 5 U.S. investment bank, said Thursday a bigger-than-expected writedown of its mortgage portfolio caused a substantial quart...

FedEx Blames High Fuel Costs For Q2 Losses

Reuters | Posted 03.28.2008 | Business


Package delivery company FedEx Corp. said Thursday its fiscal second-quarter earnings fell 6 percent, as the impact of high fuel costs and a weakening...

Merrill Lynch To Add $2.5 Bil To Already Announced $5 Bil Write-Downs

New York Times | JENNY ANDERSON, LANDON THOMAS, Jr. | Posted 03.28.2008 | Business


Merrill Lynch is expected to report today that it will add about $2.5 billion more to the $5 billion worth of write-downs it has already announced, ac...