Freddie Mac on Wednesday posted a second-quarter loss that was more than three times larger than Wall Street expected as a huge number of borrowers with good credit fell behind on their exotic and risky mortgages. ...more

August 7, 2008

Oil giants Chevron Corp. and Total SA wrapped up a string of gargantuan, record-breaking earnings reports Friday, a stretch in which six of the major international oil companies topped $50 billion in combined profit for the first time. ...more

August 2, 2008

General Motors Corp. posted a $15.5 billion second-quarter loss Friday, the third-worst quarterly performance in the company's nearly 100-year history. ...more

August 2, 2008

Cigna Corp. trumped Wall Street expectations with a 37 percent jump in second-quarter profit, but the health insurer's stock fell Friday after it lowered 2008 membership growth expectations and some income guidance. ...more

August 2, 2008

HOUSTON - Exxon Mobil reported second-quarter earnings of $11.68 billion Thursday, the biggest quarterly profit ever by any U.S. corporation, but the results fell well short of Wall Street expectations and shares fell in premarket trading. ...more

July 31, 2008

Coffee chain Starbucks Corp. said Wednesday that costs related to its closure of 600 underperforming stores led it to post a loss for its fiscal third quarter. ...more

July 31, 2008

Verizon Communications' second-quarter earnings rose 12 percent, the company said Monday, while revenue was slightly shy of expectations and customers disconnected their landlines faster than before. ...more

July 29, 2008

The battered home-building industry got another dose of bad news Friday as a key bellwether of the sector's health showed new home sales and prices dipped in June, dashing hopes for a summertime housing turnaround. ...more

July 26, 2008

Costco Wholesale Corp., which had been one of the few bright spots in retailing, said Wednesday that its earnings will miss Wall Street expectations, as it struggles with higher energy costs that are crimping its bottom line. ...more

July 24, 2008

Citigroup has become the latest big bank to assuage Wall Street's worries about the financial sector, posting a $2.5 billion second-quarter loss that was smaller than the market expected. ...more

July 19, 2008