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Quarterly Losses

Banks of America

Michael Pento | Posted 02.20.2009 | Business

Read More: Bank of America, Banks, Finance, Money, Quarterly Losses, US Economy, U.S. Economy, Economy, Economic Crisis, Money Saving, Business News
Michael Pento

Investors must realize that before these financial companies can begin to return profits to their investors, the government must get paid back first.

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Yahoo Profits Sink; 1,000 To Be Laid Off

Los Angeles Times | Jessica Guynn | Posted 03.28.2008 | Business

Read More: Job Layoffs, Yahoo Ink, Quarterly Earnings, Yahoo, Job Cuts, Yahoo Layoffs, Jerry Yang, Quarterly Losses, Business News

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

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Countrywide Posts $422 Million Loss

AP | ALEX VEIGA | Posted 03.28.2008 | Business

Read More: Countrywide, Countrywide Financial, Quarterly Earnings, Quarterly Losses, Business News

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

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Wells Fargo Posts Lowest Quarterly Profit In Six Years

AP | Michael Liedtke | Posted 03.28.2008 | Business

Read More: San Francisco, Quarterly Earnings, Quarterly Losses, Wells Fargo, Well Fargo Losses, Business News

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...

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Bear Stearns Sinks, Posts Huge Quarterly Loss

AP | Posted 03.28.2008 | Business

Read More: Investment Banks, Quarterly Earnings, Bear Stearns, Quarterly Losses, Thomson Financial, Business News

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...

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