Janus Capital earnings dip on lower revenue
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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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The company has signalled profits of between Â£285 million and Â£295 million, down on Â£311 million a year ago, following a poor run of sales.
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Applied Materials Inc  on Tuesday posted a lower quarterly profit as revenue declined 8 percent amid a slump in the semiconductor equipment manufacturing industry.
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Medical device maker Medtronic Inc  on Tuesday said quarterly earnings fell on charges related to the acquisition of Kyphon.
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U.S. investment bank Morgan Stanley  MWD.N on Wednesday said quarterly profit dropped 34 percent  amid reduced trading revenue, falling well short of Wall  Street's already-lowered expectations after a summer of  sluggish market activity.
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A continuing decline in advertising revenue pushed second quarter profits lower at two major publishers.
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Lehman Brothers Holdings Inc   said on Thursday that quarterly earnings fell, hurt by  declining fixed-income revenues.
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MINNEAPOLIS  â The 3M Company, which makes Scotch tape, Post-it notes and industrial adhesives, posted lower fourth-quarter earnings on Tuesday, compared with the quarter a year ago, which included a one-time gain.
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General Motors Corp.  said on Thursday that it expects earnings this year to fall, due in part to weaker profits from its financial services arm.
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Morgan Stanley and Bear Stearns Companies posted a drop in quarterly profits on Wednesday, surprising some investors one day after two
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Asset manager Federated Investors (FII.N: Quote, Profile, Research) on Thursday reported lower quarterly profits as the firm&#39;s assets declined in difficult market conditions.
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ING U.S. Financial Services said late  on Tuesday it will withdraw about $5 billion from Janus Capital  Group Inc. funds by year-end.
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U.S. stock index futures indicated a  lower opening on Wall Street on Thursday with the focus on  corporate results, while European shares slipped after a slew  of mixed earnings.
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Slashed earnings estimate pulls down shares.
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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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Goldman Sachs Group Inc. , the  No. 3 U.S. investment bank, on Tuesday said its third-quarter  earnings fell as trading revenues dropped.
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Boston Scientific Corp.  posted lower-than-expected quarterly profit on Friday as sales of its flagship drug-eluting heart stents fell by 32 percent.