Earnings Drop 85% After Write-Down at IAC/InterActiveCorp
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The company also said that its Home Shopping Network and lending profits fell short of internal targets.
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The ATM maker said earnings fell to $79 million in the fourth quarter, reflecting the spinoff of its Teradata software unit.
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No. 1 chipmaker Intel (INTC) on Thursday dramatically lowered its revenue estimates for the current quarter, a sign that the tech industry&#39;s rebound may be slowing.
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3M Co  said on Tuesday fourth-quarter earnings fell as last year's results included a gain for selling a business.
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Stocks fell on Tuesday after disappointing earnings from Procter & Gamble and U.S. Steel and a Wall Street Journal article that cast doubt on the chances for a Federal Reserve interest rate cut on Wednesday.
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Credit Suisse  said it marked down the value of asset-backed investments by $2.85 billion, wiping $1 billion from its net income and sending its shares plummeting.
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Accredo Health lowers earnings guidance for 2005.
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The Coca-Cola Company said yesterday that profit fell 22 percent after its largest bottler wrote down the value of its North American unit on reduced soda sales and higher raw material costs.
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Morgan Stanley and Bear Stearns Cos. said fiscal third-quarter earnings fell, their first declines in more than a year. The results sparked concern that Wall Street profits are slowing, and shares of many securities firms dropped.
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American International Group Inc.  , said on Wednesday its earnings fell 29 percent as  revenues declined, realized losses on investments widened, and  business in Asia trailed off.
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American International Group Inc.,  said on Wednesday earnings fell 29 percent as revenues  declined, realized losses on investments widened, and business  in Asia trailed off.
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Kforce narrows earning guidance and bounces back from some bad times.
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The media company said it lost $333.4 million in the fourth quarter on write-downs, the cost of newspaper spinoffs and weak ad sales.
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The bigger-than-expected write-down of its mortgage portfolio led to a quarterly loss of $859 million, the bank said.
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Investment bank analyst downgrades tire maker, and shares drop. Should investors really listen to analysts?
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Quarterly profit fell a much larger-than-expected 32 percent, hurt by mounting credit losses and poor trading results in the bankâs investment banking unit.
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Royal Bank of Canada reported a 5-per-cent drop in third-quarter profit yesterday mainly because of continued weakness in its US operations.