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Microsoft profit up 2 percent, but outlook soft

Posted by sumib 1312 days ago (http://ap.google.com)
Category: Tech | Tags: microsoft profit up
Microsoft is still churning out big profits, but its decision to trim its sails shows that even the world's largest software maker is feeling the ef[...] read more »
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Samsung Net Falls 44% as Big Divisions Feel Pinch

Posted by sumib 1312 days ago (http://online.wsj.com)
Category: Stocks | Tags: samsung net profit falls
Samsung Electronics Co. said its third-quarter net profit fell 44% as its major divisions recorded smaller operating profits for the first time since[...] read more »
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BlackRock Profit Falls 15% as Investors Flee Selloff

Posted by sumib 1315 days ago (http://www.bloomberg.com)
Category: Economy | Tags: blackrock blackrock profit falls
BlackRock Inc., the biggest publicly traded U.S. asset manager, said third-quarter earnings fell 15 percent as investors unnerved by the financial cr[...] read more »
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Citic Pacific Shares Fall 55%;Chmn's Daughter Sanctioned

Posted by sumib 1315 days ago (http://money.cnn.com)
Category: Stocks | Tags: citic pacific shares
Citic Pacific Ltd. (0267.HK) lost 55% of its market value Tuesday after disclosing huge forex losses, then scrambled to repair the damage by punishin[...] read more »
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UAL posts smaller-than-expected loss

Posted by sumib 1315 days ago (http://www.reuters.com)
Category: Stocks | Tags: ual quarterly report
United Airlines parent UAL Corp (UAUA.O: Quote, Profile, Research, Stock Buzz) posted a quarterly loss due to July's record-high energy prices and a[...] read more »
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Material costs spark 6% drop in Caterpillar profit

Posted by sumib 1315 days ago (http://www.marketwatch.com)
Category: Commodities | Tags: caterpillar profit
Caterpillar Inc. said Tuesday that higher material costs led to a 6% drop in third-quarter profit despite record sales, but that didn't stop the hea[...] read more »
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Credit Suisse and UBS Get Funds

Posted by sumib 1320 days ago (http://www.nytimes.com)
Category: Economy | Tags: credit suisse ubs
As the financial crisis continued to roll through world markets despite massive bailouts, the two leading Swiss banks said Thursday that they had sec[...] read more »
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Merrill Lynch Won't Discuss Lehman Brothers Exposure

Posted by sumib 1320 days ago (http://money.cnn.com)
Category: Economy | Tags: lehmann brothers merrill lynch
Merrill Lynch & Co. (MER) dodged analyst questions regarding Lehman Brothers Holdings Inc.'s (LEHMQ) bankruptcy exposure.
On Thursday's third-qu[...] read more »
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Cuomo Seeks Recovery of Bonuses at A.I.G.

Posted by sumib 1320 days ago (http://www.nytimes.com)
Category: Economy | Tags: aig aig insurance
Recently bailed out by the federal government, A.I.G. is afloat only because of billions of dollars in government loans. With more and more taxpayer [...] read more »
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Panicky Sellers Darken Afternoon on Wall Street

Posted by sumib 1325 days ago (http://www.nytimes.com)
Category: Stocks | Tags: wall street
Until 3 p.m. on Thursday, it seemed as if the stock market might escape another dark day. Then the selling hit — and hit and hit again, mimicking tra[...] read more »
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Wobbly world markets plunge Dow below 10,000

Posted by sumib 1329 days ago (http://www.newsday.com)
Category: Stocks | Tags: dow plunges
As a crisis of confidence overtook stock markets around the world and credit markets remained frozen, the Dow Jones industrials dove below 10,000 for[...] read more »
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Wachovia: A Split May Boost the Banking Industry

Posted by sumib 1329 days ago (http://www.businessweek.com)
Category: Economy | Tags: wachovia
For Washington policymakers, the prospect of a grinding, slow-motion legal fight between Citigroup (C) and Wells Fargo (WFC) for the spoils of troubl[...] read more »
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Fuld Targeted by Lawmakers as Surrogate for Wall Street Excess

Posted by sumib 1329 days ago (http://www.bloomberg.com)
Category: Economy | Tags: us foreclosure wall street
Lawmakers lashed out at Lehman Brothers Holdings Inc. Chief Executive Officer Richard Fuld, peppering him for two hours with queries about excessive [...] read more »
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House approves historic bailout bill

Posted by sumib 1332 days ago (http://www.sfgate.com)
Category: Economy | Tags: bailout bill
In four long days, as credit markets froze, Democratic presidential nominee Barack Obama worked the phones with President Bush. California Gov. Arnol[...] read more »
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Explainer: How the Senate Rescue Bill Is Different

Posted by sumib 1334 days ago (http://voices.washingtonpost.com)
Category: Stocks | Tags: senate bailout bill
Two days after the House failed to pass a financial rescue bill, sending the stock market into free fall, the Senate will take its own shot tonight b[...] read more »
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