MetLife posts lower Q4 net income
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MetLife Inc , the largest U.S. life insurer, said on Wednesday that net income fell in the fourth quarter, based on a comparison with a $3 billion after-tax gain a year ago.
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Caterpillar Inc. CAT.N reported  lower-than-expected quarterly earnings on Thursday as higher  raw material prices and retirement benefits hurt profits,  sending its shares down more than 4 percent.
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Yahoo said that its fourth-quarter net income fell to $206 million, a 23-percent decline from $269 million in the same quarter a year ago.
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The bank said fourth-quarter net income fell to $11.1 million, hurt by a tripling of credit losses and a bailout of money market mutual funds.
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The Washington Post Co. said yesterday that its fourth-quarter profit was down 7 percent, to $95.5 million from $102.4 million in the fourth quarter of 2005, despite a 10 percent gain in revenue.
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Diversified manufacturer 3M Co.  posted a weaker-than-expected quarterly profit on Tuesday and said global economic growth was slowing, sending its shares down 4.7 percent and weighing heavily on blue chip stocks overall.
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Retailer Payless ShoeSource Inc.  on Friday posted a quarterly profit, as lower advertising and payroll expenses and other cost savings offset decreased sales.
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The company said third-quarter net income fell 5 percent on weakness in refining, but the decline was less than Wall Street had feared.
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Burlington Northern Santa Fe BNI.N,  the No. 2 U.S. rail group, on Tuesday reported a sharp drop in  net profit after taking a charge related to a change in the way  it estimates asbestos and environmental liabilities, but posted  record quarterly revenue.
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Infineon&#39;s net profit fell to $54.6 million in the fourth quarter from $63 million in the third quarter of last year. The net result came up short of analyst forecasts of $169 million.
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General Motors Corp., the world's biggest automaker, said Wednesday its net income fell 37 percent in the fourth quarter, led downward in part by continued struggles at its European operations.
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3M Co  said on Tuesday  fourth-quarter earnings fell as last year's results included a  gain for selling a business.
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The New York Times Co. NYT.N on  Wednesday reported lower quarterly net profit, weighed down by  an inconsistent ad sales environment.
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The New York Times Company reported a fourth-quarter profit of $53 million as revenue dropped, but it continued to fare better than most of its peers across the troubled newspaper industry.
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U.S. investment bank Morgan Stanley  MWD.N on Wednesday said quarterly profit dropped by a third  on lower bond trading revenue, weak equities results and higher  expenses, falling short of Wall Street's low expectations and  pushing its shares down as much as 8 percent.
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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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The New York Times Co. (NYT.N: Quote, Profile, Research) on Wednesday reported lower quarterly net profit, weighed down by an inconsistent ad sales environment.