Western Union Earnings Fall 7 Percent
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Western Union reported second-quarter net income of $204.5 million. It also announced plans to offer a cell phone capable of handling money transfers.
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Assets of the nation's retail money market mutual funds fell by $2.06 billion in the latest week to $923.17 billion, the Investment Company Institute said Thursday.
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Shares of Altiris Inc. (ATRS) fell 7 percent before the opening bell on Tuesday a day after it posted disappointing earnings. On the INET electronic brokerage system, its shares were down
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Global Crossing Ltd. shares plummeted Monday after the once bankrupt telecommunications company announced it will cut about 600 jobs and scale down operations to free enough cash to stay fiscally afloat.
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SHARES in TV station the Seven Network Ltd dived more than 8 per cent this morning after it downgraded its earnings forecasts for the half and full year because of disappointing ratings.
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DENVER -- Third-quarter revenue fell 7 percent at Janus Capital Group Inc. as assets under management and investment-management fees fell.
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Shares of Altiris Inc.  fell 7 percent before the opening bell on Tuesday a day after it posted disappointing earnings.
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Assets of the nation's retail money market mutual funds fell by $1.06 billion in the latest week to $917.70 billion, the Investment Company Institute said Thursday.
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Harley-Davidson Inc  said on Friday that 2007 earnings would come in 4 percent to 6 percent lower than last year because of a sharp slowdown in August retail sales, and the motorcycle company's shares fell as much as 9 percent.
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Shares of Albertsons fell more than 8 per cent to $23.65 after the number two US supermarket chain missed quarterly earnings expectations and warned full-year profit would be at the low end of estimates.
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Morgan Stanley reported a 7 percent drop in profit from continuing operations in the third quarter.
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Net profit dropped at the consumer products maker to 721 million euros ($1.04 billion) in the last three months of 2007, from 2.03 billion euros a year earlier.
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The sluggish bond market took a toll on another Wall Street behemoth, as JPMorgan Chase reported a 13per cent drop in third-quarter earnings, far worse than Wall Street analysts had expected.
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Washington Mutual said third-quarter profit fell 72 percent, hurt by mounting losses and write-downs related to mortgages.
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Toll Brothers said its first-quarter profit fell 67 percent as a result of lower sales, write-downs and other costs.
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Bank of America Corp , the second-largest U.S. bank, said on Tuesday fourth-quarter profit sank 95 percent, hurt by more than $7 billion of losses tied to poor trading decisions and mounting credit woes.
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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.