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A fourth-quarter $422 million loss reported by Countrywide Financial Corp. on Tuesday did not appear to scare off Bank of America. ...more
January 30, 2008
Sears Holdings Corp. abruptly announced the departure of President and chief executive Aylwin B. Lewis on Monday, leaving a management void at the top of the department store chain controlled by chairman Edward S. Lampert as it tries a high-stakes restructuring to reconnect with customers and reinvigorate slumping sales. ...more
January 29, 2008
Shares in Jabil Circuit tumbled 21 percent Friday to their lowest point since 2002, after the company released profit forecasts well below Wall Street expectations. ...more
December 22, 2007
Toll Bros. Inc., the nation's largest builder of luxury homes, reported its first quarterly loss in 21 years Thursday as the housing downturn that the company called the worst in four decades deepened. ...more
December 7, 2007
Dell Inc. said earnings grew 27 percent in the third quarter, buoyed by growth in overseas markets such as Brazil and by prices falling for memory chips and other components. ...more
November 30, 2007
A year after its worst holiday sales season ever, Wal-Mart Stores may rebound to have a good season after finding the right mix of merchandise and marketing to complement its return to a focus on low prices. ...more
November 14, 2007
The outlook for the holiday shopping season grew bleaker Thursday after retailers announced disappointing October sales attributed to consumers' ongoing worries about housing and higher energy prices. ...more
November 9, 2007
Ford Motor Co. posted a third-quarter loss of $380 million Thursday, a vast improvement over its $5.2 billion loss a year earlier. ...more
November 9, 2007
Higher electricity sales and better-than-expected results from its Guatemala business fanned a 16 percent increase in third-quarter earnings at TECO Energy, the company said Friday. ...more
November 3, 2007
Verizon Communications on Monday reported third-quarter earnings that were largely in line with expectations, reflecting steady growth in its wireless operations and a slow decline in its wired telephone business. ...more
October 30, 2007
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