Highlights
A collection of news and information related to Earnings Forecasts published by Tribune Company sources.
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GE profit falls 22%, meeting lowered forecast
From the Associated PressHARTFORD, Conn. -- General Electric Co. spared investors any nasty surprises as it reported a 22 percent drop in third-quarter earnings on Friday, meeting its own lowered forecast and blaming the decline on its struggling finance arm. The company's loan...Tags: Personal Investing, Citigroup Incorporated, Warren Buffett, NBC, Berkshire Hathaway Incorporated
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GE profit falls 22 pct, meets lowered expectations with finance unit hammered by credit crisis
AP Business WriterHARTFORD, Conn. (AP) _ General Electric Co. spared investors any nasty surprises as it reported a 22 percent drop in third-quarter earnings on Friday, meeting its own lowered forecast and blaming the decline on its struggling finance arm. The company's...Tags: Personal Investing, Citigroup Incorporated, Warren Buffett, NBC, Berkshire Hathaway Incorporated
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GE profit falls but spares investors any nasty surprise by meeting lowered expectations
AP Business WriterHARTFORD, Conn. (AP) _ General Electric Co. spared investors any nasty surprises as it reported a 22 percent drop in third-quarter earnings, meeting its own lowered forecast and blaming the decline on its struggling finance arm. The company's loan and...Tags: Personal Investing, Citigroup Incorporated, Warren Buffett, NBC, Automotive Equipment
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22% decline in earnings still in line with GE's forecast
Associated PressFAIRFIELD, Conn. -- General Electric Co.'s third-quarter profit fell 22 percent, hurt by lower earnings at its finance business, which has been battered by the worst financial crisis since the stock market crash of 1929. GE, a bellwether of the U.S....Tags: Citigroup Incorporated, Warren Buffett, NBC, Berkshire Hathaway Incorporated, Automotive Equipment
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Dow dips below 9,000 for first time since 2003
The Associated PressStocks plunged in the final hour of trading today, sending the Dow Jones industrial average down 679 points -- more than 7 percent -- to its lowest level in five years after a major credit ratings agency said it might cut its rating on General Motors...Tags: Financial Markets, International Business Machines Corporation, Money and Monetary Policy, Commodity Markets, American International Group
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IBM 3Q profit a bright spot but tech stocks choppy as more gloom likely ahead
AP Technology WriterSAN FRANCISCO (AP) _ Even after IBM Corp. surprised Wall Street with a healthy profit in the third quarter and a reaffirmation of its earnings outlook for the rest of the year, the broader technology sector dived again Thursday. There's just not enough of...Tags: International Business Machines Corporation, Sap AG, Business Enterprises, Sales, Stocks
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Wednesday's market movers
GEN. GROWTH PROP. $0.90 (20%) to $5.40 Shares of the Chicago-based real estate investment trust had the biggest percentage gain in the Standard & Poor's 500 index after it was named to help develop a project in New York. Shares fell nearly 42...Tags: Insurance, CNA Financial Corporation, Alcoa Incorporated, MetLife Incorporated, Northbrook
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Latest batch of September sales results from retailers offer fresh evidence of shoppers' angst
AP Business WriterNEW YORK (AP) _ Dismal September sales results from mall-based apparel chains, released Thursday, offered more fresh evidence that American consumers, spooked by the financial meltdown, shut their wallets tight last month. The reports fueled more worries...Tags: Abercrombie & Fitch Company, Target Corporation, Gap Inc., Hot Topic Incorporated, Consumers
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Market opens higher after tough stretch
Stocks opened higher Thursday after IBM Corp. affirmed its profit forecast and investors hoped the government might take ownership stakes in banks to help stabilize the financial industry. Investors also looked to recover from near-panic selling that...Tags: Financial Markets, International Business Machines Corporation, Money and Monetary Policy, Commodity Markets, American International Group
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IBM 3Q profit tops forecasts; surprise announcement helps shore up falling stock price
AP Technology WriterSAN FRANCISCO (AP) _ Shares of IBM Corp. jumped Thursday after the technology company's surprise announcement that it was still plenty prosperous in the third quarter despite the worsening economic climate. The Armonk, N.Y.-based company released its...Tags: Sales, Stocks, Sap AG, International Business Machines Corporation, Prices
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US retailers report weak September sales
Associated PressAmerican shoppers went into hiding in September, sticking to buying the bare-bone essentials and leading many retailers to report dismal sales for the month as skittish consumers grappled with the global financial meltdown. The weak reports _ an alarming...Tags: Target Corporation, Meteorological Disasters, Petroleum Industry, Federal Reserve, Fashion Trends
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Alcoa's 3rd-quarter profit dives 52 percent on lower prices, weaker demand and higher costs
AP Business WriterPITTSBURGH (AP) _ Alcoa Inc., the world's third-largest aluminum producer, on Tuesday reported a 52-percent drop in third quarter profit and said it would conserve cash by suspending its stock buyback program and all non-critical capital projects. Alcoa,...Tags: Alcoa Incorporated, Aluminum Corporation of China Limited, Metal and Mineral, Vehicles, Heavy Engineering
Oct 10, 2008
|Story| Los Angeles Times
Oct 10, 2008
|Story| Associated Press
Oct 10, 2008
|Story| Associated Press
Oct 10, 2008
|Story| Chicago Tribune
Oct 9, 2008
|Story| Associated Press
Oct 9, 2008
|Story| Associated Press
Oct 9, 2008
|Story| Chicago Tribune
Oct 9, 2008
|Story| Associated Press
Oct 9, 2008
|Story| Newsday
Oct 9, 2008
|Story| Associated Press
Oct 8, 2008
|Story| South Florida Sun-Sentinel
Oct 7, 2008
|Story| Associated Press

