Capital One posts third quarter net loss
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Capital One Financial Corp,  a credit card issuer and banking company, posted a third quarter net loss, hurt by charges from shutting down its GreenPoint Mortgage business.
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The Capital One Financial Corporation, the credit card issuer, said Wednesday that fourth-quarter profit fell 42 percent as more borrowers failed to repay their debts.
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Bond insurer Ambac Financial Group Inc  on Tuesday reported a quarterly loss of $3.3 billion after credit derivative losses totaling $5.2 billion.
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DirecTV reported a net loss of just over $1 billion in the quarter ended September 30th, compared to a loss of $23 million in the same period last year.
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AT&amp;T Corp. (TN: Quote, Profile, Research) , the No. 3 US telephone company, on Thursday reported a $7.1 billion third-quarter loss due to $12.
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3Com Corp. COMS.O on Thursday   reported a net loss for its first quarter that was narrower   than a year ago, as sales increased mainly due its joint   venture with China's Huawei Technologies Co. Ltd.
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AT&T Corp. T.N, the No. 3 U.S.  telephone company, on Thursday reported a $7.1 billion  third-quarter loss due to $12.5 billion in charges for cutting  asset values and jobs after its retreat from consumer services.
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The company said its net loss in the fiscal third quarter ended Dec. 1 was $84.8 million, or 12 cents a share, compared with a net profit of $1.1 million.
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Countrywide Financial Corp , the largest U.S. mortgage lender, posted a $1.2 billion third-quarter loss on Friday, hurt by write-downs as the U.S. housing market deteriorated.
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J.P. Morgan Chase & Co. JPM.N said   on Wednesday profit fell in the third quarter, hurt by costs  related to its July merger with Bank One Corp.
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Bond insurer Ambac Financial Group Inc  on Tuesday reported a quarterly loss of $3.3 billion after recording massive credit derivative write-downs and setting aside more money for credit losses.
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Citigroup Inc on Tuesday posted its first quarterly loss since its creation in 1998, hurt by write-downs for exposure to subprime mortgages and other risky debt.
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TORONTO - Royal Bank of Canada has reported a drop in third-quarter profit --the first year-over-year decline in three years -- because of lower earnings at its US division, increased costs and a higher Canadian dollar.
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AT&amp;T on Thursday reported a $7.1bn third-quarter loss because of an $11.4bn writedown of its assets after its retreat from consumer services and other restructuring charges.
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United Airlines parent UAL Corp. suffered a loss of $274 million for the third quarter of this year, a smaller hit than it took in the same period of last year, when it lost $367 million.
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MCI Inc. yesterday reported a loss of $3.4 billion during its third quarter, reflecting its recent decision to write down the value of its telecommunications network.
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Capital One Financial Corp , a  credit card issuer and banking company, posted a third quarter  net loss after taking more than $800 million of charges from  shuttering its GreenPoint Mortgage business.