Loews profit falls 12.5 pct after CNA settlement
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Loews Corp  said on Monday third-quarter profit fell 12.5 percent, as the cost of a legal settlement at its CNA Financial Corp  offset improved results in tobacco and drilling operations.
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Loews Corp., the conglomerate controlled by the Tisch family, on Thursday said fourth-quarter profit rose 37 percent, helped by investment gains at insurer CNA Financial Corp., its largest business.
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(Corrects second paragraph to show earnings of $17,000, not $28,000)     NEW YORK  - 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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LCC International Inc., which offers wireless voice and data technical consulting, on Monday saw shares plummet as much as 12 percent in after-hours trade after the company swung to a third-quarter profit but predicted lower revenues are ahead.
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Kicking off the new earnings season,  aluminum company Alcoa Inc  reported on Monday that  second-quarter profit slipped, but still matched Wall Street  expectations, even though revenue fell short of forecasts.
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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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The Warner Music Group said first-quarter profit fell 74 percent on an 11 percent decline in sales.
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NEW YORK -- Sears Holdings Corp., the biggest US department store company, and Home Depot Inc. said profit will fall as the decline in housing prices hurts demand for goods to build and furnish homes.
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Dow Chemical Co  on Tuesday reported a drop in quarterly profit that was not as steep as analysts had expected as growth overseas helped offset weak U.S. housing and auto markets and spiraling energy and raw material costs.
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NEW YORK  - The world&#39;s leading alumium producer, Alcoa, said Thursday quarterly net profit slipped as operations took a double-hit from a labour strike and Hurricane Ivan.
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The home-furnishings retailer reports lower earnings but beats expectations.
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The Charles Schwab Corporation, the retail brokerage firm, said Wednesday that fourth-quarter profit fell 34 percent from the period a year ago, which included a tax gain and earnings from its U.S. Trust wealth management unit, which has since been sold.
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Bank of America Corp, the second-largest U.S. bank, posted a much larger-than-expected 32 percent drop in quarterly profit on Thursday, hurt by mounting credit losses and dismal investment banking results.
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Altria Group Inc.  posted lower quarterly profit on Wednesday, due in part to costs for closing a U.S. cigarette plant as it moves some production to Europe to cut costs and reduce excess capacity.
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Sears, Roebuck and Co. on Thursday said quarterly profit fell sharply compared with a year earlier, when the department store operator had a gain from the sale of its credit card business, but the profit topped forecasts as the retailer slashed costs.
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Cosmetics maker Estee Lauder Cos. Inc.   posted a lower quarterly profit on Wednesday, dragged  down by a restructuring charge and a settlement with the U.S.  Internal Revenue Service.
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Net income at US bank Lehman Brothers fell a smaller-than-expected 12% in the fourth quarter to $886m (Â£435m).