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Sprint loss widens, shares fall almost 12 percent

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Sprint Nextel Corp posted a wider quarterly loss and revenue fell 10 percent as the No. 3 U.S. mobile service continued to lose valuable post-paid monthly bill-paying customers, sending its shares down almost 12 percent.
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ConocoPhillips profit drops 76 percent, shares fall

ConocoPhillips reported a 76 percent drop in quarterly profits on Wednesday, as oil prices fell sharply from a year ago and the U.S. oil major's refining business posted a loss as heavy fuel supplies and weak demand hurt margins.
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RadioShack shares fall on dim sales prospects

Cost-cuts helped RadioShack Corp beat estimates in the second quarter, but its shares fell 8 percent on fears the electronics retailer might not be able to sustain profits by merely controlling expenses.
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Aetna cuts forecast on medical costs, shares fall

Aetna Inc slashed its full-year earnings forecast on Monday because of higher-than- projected medical costs, sending its shares down more than 5 percent as the health insurer also posted a 28 percent drop in second-quarter net income.
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Amazon disappoints with ho-hum quarter, shares fall

Amazon.com Inc posted a 10 percent decline in second-quarter earnings and gave a modest third-quarter outlook on Thursday, taking the shine off the world's largest online retailer and sending its shares down nearly 7 percent.
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American Express second quarter earnings fall, shares down

American Express Co , the largest credit card company by sales, reported quarterly earnings that fell in line with expectations on Thursday, hurt by weakness in cardmember spending, record credit losses, restructuring charges and the repayment of government funds.
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Amazon's lower margins spook Street, shares fall

Amazon.com Inc on Thursday posted a lower quarterly net profit and thin operating margins that took some of the shine off the world's largest online retailer, sending its shares down 6 percent in after-hours trade.
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McDonald's June sales disappoint; shares fall

McDonald's Corp reported lower-than-expected June same-store sales on Thursday and its shares fell 4.9 percent after the top-performing restaurant chain only matched Wall Street's profit view.
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McDonald's shares fall on light June sales

McDonald's Corp reported light June same-store sales on Thursday and shares fell 3.8 percent after the top-performing restaurant chain only matched Wall Street's profit view.
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China-Brazil ore trade surges as Australia sales fall

Spot iron ore vessel bookings from Brazil to China jumped to a record in July as Australia suspended spot sales following detentions of Rio Tinto's top sales officials in China and as falling freight costs made longer haul trade attractive.
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GM global sales fall 22 pct in first half of 2009

General Motors [GM.UL] on Wednesday posted a 22 percent global sales drop from a year earlier for the first six months of 2009 amid the economic slowdown and the automaker's slide into bankruptcy.
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BlackRock profit, assets under management fall

Asset manager BlackRock Inc said second-quarter profit fell from a year earlier as assets under management declined, but results rebounded from the first quarter as markets recovered.
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Johnson Controls earnings fall but beat estimates

Johnson Controls Inc posted a 63 percent plunge in quarterly earnings as the weak economy pressured the diversified manufacturer's auto parts and building controls businesses, but its shares rose 7 percent as the results beat Wall Street forecasts.
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Stock futures fall as mixed earnings provoke caution

Stock index futures fell on Friday as caution took root following four days of gains, after General Electric Co's quarterly earnings sank and Google Inc pointed to weaker advertising and revenue growth, despite beating expectations.
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CIT talks fall apart, bankruptcy looms

CIT Group Inc , a lender to hundreds of thousands of small and mid-sized U.S. businesses, said bailout talks with the government had ended, a development that could ultimately drive the company into bankruptcy.
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Microsoft stores to open near Apple stores in fall

Microsoft Corp will open stores close to those of Apple Inc this fall, according to its chief operating officer, as it looks to win back the initiative in the battle for Main Street PC and gadget buyers.
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CIT talks fall apart, bankruptcy may loom

CIT Group Inc , a major lender to small- and mid-sized U.S. businesses, said on Wednesday that talks with the government to bail out the company had ended, a development that could make bankruptcy likely.
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KFC parent Yum lowers sales view, shares fall

Yum Brands Inc , parent of the Taco Bell, Pizza Hut and KFC chains, cut its full-year forecast for sales on weakness in its two biggest markets, the United States and China, and its shares fell 3.9 percent.
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CIT seeks to boost liquidity; stocks, bonds fall

CIT Group Inc stock and bond prices tumbled Monday as the company sought to bolster liquidity and U.S. Treasury Secretary Tim Geithner said he was keeping close watch on the lender to small and mid-sized businesses.

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