TCF Financial Corp reported a 42 percent drop in quarterly profit that missed market expectations, hurt by a higher provision for credit losses.
Recent trading patterns broke at least temporarily on Wednesday with both the dollar and world stocks slipping, the latter weakened particularly by falling emerging markets.
Sherwin-Williams Covposted a quarterly profit that beat Wall Street estimates on lower interest expense and cost savings, but shares fell 6 percent on the paint maker's disappointing fourth-quarter earnings outlook.
European shares fell in afternoon trading on Tuesday after data showed new construction of U.S. homes rose by less than expected in September.
Qatar is selling 379.2 million shares in British bank Barclays , worth over 1.3 billion pounds ($2.1 billion), the second major Middle East investor set to make a big profit by selling down its stake this year.
Toymaker Mattel Inc reported a smaller-than-expected decline in quarterly revenue, helped by gains in its Hot Wheels and American Girl brands as it heads into the crucial holiday shopping season.
European shares turned negative on Friday after earnings results from Bank of America (BAC.N) disappointed investors.
U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed.
U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed.
Wall Street was set for a lower open on Thursday after quarterly results from Goldman Sachs Group and Citigroup Inc failed to live up to expectations some investors had for financial sector shares.
Russian oil output will stagnate in 2010 and begin to decline as mature fields lose production capacity and only one new project comes on line, oil analysts at Bernstein Research said on Wednesday.
U.S. consumer prices rose marginally in September and the number of workers filing new claims for jobless insurance hit a nine-month low last week, more proof the economy was healing after a protracted recession.
The number of U.S. workers filing new claims for jobless insurance unexpectedly fell last week to the lowest level since January, according to a government report on Thursday that hinted at stabilization in the labor market.
U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed.
Stock futures fell on Thursday after quarterly results from Goldman Sachs Group and Citigroup Inc failed to live up to expectations some investors had for financial sector shares.
U.S. mortgage foreclosure filings fell for a second straight month in September, but remained near a record high, amid ongoing and sweeping efforts to keep borrowers in their homes, a report released on Thursday showed.
Shares in LDK Solar Co Ltd, a Chinese manufacturer for the solar power industry, fell as much as 4 percent on Wednesday, dragged down by the abrupt resignation of its head of manufacturing.
Sales at U.S. retailers fell in September, but rose excluding motor vehicles for a second straight month in September, raising cautious optimism consumer spending could support the economic recovery.
Johnson & Johnson posted weaker-than-expected quarterly revenue on Tuesday as sales of prescription drugs and heart stents disappointed, sending its shares down 2.4 percent.
The Dow and S&P 500 fell on Tuesday after Johnson & Johnson reported disappointing third-quarter sales, while the Nasdaq edged up after Cisco Systems Inc announced a large acquisition.
Johnson & Johnson posted weaker-than-expected quarterly revenue on Tuesday as sales of prescription drugs and cardiac stents disappointed, sending its shares down more than 2 percent.
Johnson & Johnson posted weaker-than-expected quarterly revenue on Tuesday as sales of prescription drugs and cardiac stents disappointed, sending its shares down more than 2 percent.
