Shortfall sparks downgrades, overshadows Q4 results
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SAN FRANCISCO (CBS.MW) -- Agilent Technologies Inc. saw its shares fall more than 12 percent Friday after the testing and measurement equipment maker disclosed a first-quarter forecast that failed to meet analysts&#39; expectations.
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Wall Street pulled back sharply Tuesday as investors dealt with disappointing earnings reports and renewed concerns about the mortgage lending market.
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Recessionary economic reading and mixed earnings push stocks to heavy midday losses.
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Wall Street fell Monday as investors, showing their cautious side after the market's best week in four years, cashed in profits while they debated their next move.
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One less festive sign of the holiday season is the magnification of losses in some of the worst-performing stocks.
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Financial markets were hit hard by a disappointing jobs report.
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All three of its units slid lower in the quarter. McGraw-Hill's results were not a page-turner.
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The loss, which came to $3.41 a share, was in contrast to a profit of $45.4 million, or 97 cents a share, in the quarter a year earlier.
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A low P/S ratio can point to undervalued companies.
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The women's apparel retailer surprised investors with surprisingly bad Q4 guidance.
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US stocks fell sharply on Tuesday, hurt by retail and housing sector earnings warnings. Financials were roiled by more bad news from the subprime mortgage market.
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Japan's Nikkei index loses almost 4% and London's FTSE 100 opens 1.5% down amid recession warnings
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Shares of subprime lender tumble after margin calls.
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The Dow Jones industrial average is down four points at ten-thousand-94. Decliners on the New York Stock Exchange hold a narrow lead over advancers.
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Stocks fell on Friday, capping their worst week in more than four years, as a rapidly diminishing appetite for risk fueled the latest leg of a global equities sell-off.
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Stocks fell on Thursday, after disappointing quarterly results from companies such as Comcast Corp  and as investors worried financial services companies would report more big losses from the credit crisis.
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A good quarter is greeted with a lower share price.