Profit Drops at Dow Chemical
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GRAND RAPIDS, Mich.  â The nationâs largest chemical company, Dow Chemical, said on Tuesday that its fourth-quarter earnings fell 52 percent because of an overhaul effort and a $1.7 billion jump in spending on materials and energy.
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Dow Chemical Co  on Thursday reported lower-than-expected third-quarter profit, hurt by a change in German tax law and a charge for acquisition costs.
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Profit taking after Wall Street's nine-session rally pushed stocks slightly lower Monday even as oil prices continued their downward trend.
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U.S. stocks fell on Wednesday after a  profit warning from Coca-Cola Co. KO.N stoked fears about  corporate profits and a downgrade of the technology sector by  investment bank Goldman Sachs weighed on markets.
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Stocks trimmed gains on Tuesday, with the Dow industrials turning negative as energy companies' shares dropped with the price of oil and benchmark Treasury bond yields rose.
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Dow Chemical Co.'s DOW.N  third-quarter profit surged 86 percent on increased plastics  sales, but demand remains vulnerable to soaring energy costs,  the No. 1 U.S. chemicals maker said on Thursday.
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Dow Jones & Co. Inc. , which soon could be bought by News Corp.  for $5 billion, reported on Thursday that quarterly profit fell because of one-time charges, while revenue rose because of strength in its digital businesses.
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A profit warning from Coca-Cola took the fizz out of leading Wall St shares and sent the main indices sharply lower. At the closing bell, the Dow Jones was down 86.
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The Dow Jones Industrial Average dropped after Merck &amp; Co. withdrew the Vioxx painkiller and retracted its third-quarter profit forecast.
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Dow Jones & Co.  on Wednesday cut its earnings forecast for the current quarter, citing weakness this month in key advertising categories at its flagship newspaper The Wall Street Journal, sending shares down 3 percent.
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Chevron Corp. , the No. 2 U.S. oil company, said on Friday its fourth-quarter profit fell 9 percent, pulled down by weaker natural gas prices that have pared record earnings across the industry.
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Stocks dropped on Friday, with the Dow and S&P down 1 percent, as investors locked in profits after two days of sharp gains, with financial and defensive sectors among those leading declines.
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NEW YORK - Disappointing earnings from Morgan Stanley and oil prices topping $48 per barrel sent stocks sharply lower Wednesday as investors moved to protect their recent gains. The Dow Jones industrial average dropped 138 points...
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U.S. investment bank Morgan Stanley  MWD.N on Wednesday said quarterly profit dropped by a third  on lower bond trading revenue, weak equities results and higher  expenses, falling short of Wall Street's low expectations and  pushing its shares down as much as 8 percent.
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NEW YORK - Disappointing earnings from Morgan Stanley and a new spike in oil prices sent stocks lower in early trading Wednesday as investors' worries over third-quarter earnings increased.    In the first hour of trading, the Dow Jones industrial average fell 87.31, or 0.8 percent, to 10,157.62...
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Apparel retailer Talbots Inc.  said on Wednesday that quarterly net profit fell, hurt by heavy markdowns and declining sales at its flagship Talbots chain.
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Stock futures fell on Wednesday,  indicating a dip on Wall Street after Internet media company  Yahoo  reported a drop in quarterly profit and ahead of  the Federal Reserve's rate decision.