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Countrywide Financial Corp. lost $1.2 billion in the third quarter, but its shares soared Friday after the nation's largest mortgage lender said it expects to be profitable this quarter and next year. ...more
October 27, 2007
Apple's fiscal fourth-quarter profit jumped 67 percent and easily beat Wall Street expectations, capping a record-breaking year that saw unprecedented momentum in its Mac business, ceaseless consumer interest in its iPod players and a successful introduction of the iPhone. ...more
October 23, 2007
EBay on Wednesday reported a third-quarter net loss of more than $936 million - a rare plunge into the red for the e-commerce juggernaut caused by previously announced charges to its Skype telecommunications division. ...more
October 18, 2007
Wells Fargo & Co.'s profit grew at its slowest pace in more than six years during the third quarter, dragged down by deteriorating home loans likely to cause more trouble in the months ahead. ...more
October 17, 2007
Several of the nation's largest retailers cut their earnings forecasts Thursday after lingering summer weather and an uncertain economy kept consumers from shopping last month and left the big merchants with disappointing sales. ...more
October 12, 2007
Google Inc.'s stock price sailed past $600 for the first time Monday, extending a monthlong rally propelled by the lofty expectations surrounding the Internet search leader's upcoming third-quarter earnings report. ...more
October 9, 2007
Tough times in the national housing market led to a company record loss of $513.9 million for Lennar Corp. in the third quarter, with drops in sales prices and home deliveries compounded by heavy charges to write down land values. Its shares fell more than 4 percent in afternoon trading. ...more
September 26, 2007
Morgan Stanley on Wednesday said third-quarter profit sank 17 percent, as the No. 2 U.S. investment bank was forced to write down nearly $1 billion in loans amid the global credit crisis. ...more
September 20, 2007
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