Joe Bel Bruno April 14, 2008 - 6:44 p.m. NEW YORK (AP) - Bear Stearns Cos. said Monday its profit plunged 79 percent in the fiscal first quarter that ended just two weeks before speculation about…
Apr
14
Stocks were pushed down by financial shares on Wall Street Monday after Wachovia Corp reported unexpected losses and said it was seeking a $7-billion cash infusion from stock sales.
Apr
14
Investors braced for what will likely be a tough earnings season, sending stocks modestly lower Monday ahead of some key earnings reports. After disappointing results from AMD, GE, Wachovia and Phili…
Apr
14
, and announced plans to lay off 10 percent of its work force. On Tuesday, Intel executives will hold a conference call with financial analysts to discuss its quarter, and AMD will follow on Thursday…
Apr
14
Hong Kong stocks plunged 856.59 points Monday, or 3.47 percent, to close at 23,811.2 points, tracking regional markets’ fall. Turnover shrank to 74.85 billion HK dollars (9.61 billion U.S. dollars) fr…
Apr
14
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Apr
14
The New Zealand sharemarket opened lower today following a soft start to the week yesterday.By 10.10am the benchmark NZSX-50 index was down 5.07 points to 3465 after weak Australian and Asian stocks k…
Apr
14
Stocks finished a quiet session moderately lower today as investors grappled with concerns about the health of corporate profits after Wachovia posted disappointing quarterly results.Investors appeare…
Apr
14
WALL Street stocks ended lower today amid lingering concerns over US corporate earnings as Wachovia bank, one of America’s largest retail banks, announced a net loss of $US350 million ($378.5 million)…
Apr
14
Asian stocks tumbled yesterday followed by losses across European markets on concern over company earnings and increasing gloom about prospects for the global economy, analysts said. “Another nervous …