ING takes Q4 impairment at low end of expectations
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Dutch financial services group ING  said on Wednesday it took an impairment charge of 194 million euros ($285.6 million) in the fourth quarter, but gains from an ABN stake sale helped offset the loss, pushing quarterly net profit up 7.6 percent.
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The Internet giant disappoints investors with the smallest gain in its history as a public company.
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Despite lower quarterly profits, financial services company's prospects look good.
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Leading shares closed lower on Thursday but recovered from their worst levels, in tandem with Wall Street, as an above-forecast US ISM index soothed early nerves in a jittery market, dealers said.
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DST Systems Inc. on Wednesday posted  lower fourth-quarter results compared with a year earlier when  it reported a net gain associated with an exchange transaction.
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Asset manager Federated Investors (FII.N: Quote, Profile, Research) on Thursday reported lower quarterly profits as the firm&#39;s assets declined in difficult market conditions.
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More bad news out of Asia weighed on investors Monday.
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US oil and gas stock mutual funds are set for their worst third-quarter performance in four years, but emerging markets and rate-sensitive sectors such as real estate and financials are likely to see strong gains.
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The market didn't react well to Cat's warnings about U.S. markets, but its overseas performance softens the blow.
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U.S. Treasury yields touched their lowest levels in over a month on Wednesday, driven by largely technical factors in an illiquid year-end market.
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Gold fell to a near four-month low on Monday as the market tried to guess what the IMF might say about using its huge gold reserves to help finance debt relief for poor countries.
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Shares in the telecommunications equipment maker fell today to their lowest level after the company slashed its forecast for full-year revenue growth.
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Some newer ETFs are facing low trading volume and wider spreads.
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Investors reacted to a disappointing fourth-quarter earnings report that raised worries about the software makerâs ability to cope with tougher competition and a slowing U.S. economy.
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Scores of investors have sought to profit by buying into troubled financial firms at low prices: so far their investments have failed to make much of a profit.
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Q3 inventory corrections put pressure on vendors to perform in Q4
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Pricey Product will offer low error rate, company says