Prudential posts lower fourth quarter net
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Prudential Financial Inc , one of the largest U.S. life insurers, said on Wednesday that net income fell 11 percent in the fourth quarter.
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Stock futures fell on Wednesday,  pointing to a lower market open, as weaker-than-expected  earnings from J.P. Morgan Chase & Co. JPM.N, the second  largest U.S. bank, and an investigation into the insurance  industry soured Wall Street's mood.
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Fifth Third Bancorp, the ninth largest US bank, on Thursday said fourth-quarter profit will fall well short of analyst forecasts, as it takes $340 million of
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The investment bank said third-quarter profit fell less than expected, as strength in stock trading and investment banking offset losses from the mortgage market.
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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.
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California utility PG&E Corp.   posted lower fourth-quarter earnings on Thursday, hurt  by severance costs from streamlining operations at its Pacific  Gas & Electric utility.
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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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Fourth-quarter profit fell 8 percent on declining advertising sales at the companyâs newspapers and television stations.
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U.S. stocks opened lower on Wednesday,  with weaker-than-expected earnings from J.P. Morgan Chase & Co.  JPM.N, and an investigation into the insurance industry among  the factors weighing on Wall Street.
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Family Dollar Stores Inc. posted a nearly 10 percent drop in its fourth-quarter earnings Thursday, saying the &quot;difficult economic environment&quot; was hurting its performance.
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Fifth Third Bancorp predicted fourth-quarter results well below Wall Street expectations Thursday, citing a balance sheet restructuring aimed at reducing the risks associated with increasing interest rates.
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The companyâs shares plunged 15.9 percent to a nearly four-year low of $10.36 in morning trading after its net profit fell 84 percent in the fourth quarter.
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Wachovia Corp  on Friday posted  a 10 percent decline in quarterly profit, missing forecasts, as  the fourth-largest U.S. bank suffered $1.3 billion of  write-downs at its investment banking unit.
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California utility PG&E Corp.  posted lower fourth-quarter earnings on Thursday, hurt by severance costs from streamlining operations at its Pacific Gas & Electric utility.
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NEW YORK -- Lehman Brothers Holdings Inc., the No. 4 investment bank, on Tuesday said third-quarter profits fell less than expected, as strength in stock trading and investment banking offset losses from the struggling mortgage market.
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Dow Chemical Co  said on  Tuesday that fourth-quarter earnings fell, hurt by weak U.S.  housing and auto markets, spiraling energy and raw material  costs, and one-time restructuring charges.
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Wells Fargo & Co  on Wednesday said fourth-quarter profit fell, the first decline in more than six years, hurt by rising losses from home equity loans.