Wall Street hit by write-downs, earnings
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Stocks fell on Thursday after disappointing results from Comcast  and engine maker Cummins  fed worries about corporate profits, while fears of more credit losses hit financial shares.
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Stocks fell on Thursday, on a handful of disappointing earnings reports, including results from cable TV operator Comcast Corp , and on uncertainty over how badly the financial sector will be affected by the credit crisis.
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Lehman Brothers Holdings Inc  said on Thursday that quarterly earnings fell 11 percent, hurt by writedowns in bond trading.
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Brokerage announces weaker-than-expected results dragged lower by a writedown in the value of some of its assets.
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Wall Street was set to open slightly lower on Wednesday as investors eye the damage to corporate earnings from stubbornly high oil prices with scorecards from key companies rolling in.
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Financial companies led Wall Street lower on Thursday after a sharp drop in Bank of America Corp's  earnings stoked worries about the extent the credit crunch has hurt the economy and profits.
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Wall Street stocks were lower on Thursday, after a 32 per cent fall in profits at Bank of America (NYSE:BAC) compounded woes in the banking sector and weighed heavily on market sentiment.
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NEW YORK - Stocks tumbled Wednesday as investors saw a surge in oil prices and disappointing earnings from Morgan Stanley as a reason to collect profits from gains of the last month.
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Wall Street stocks tumbled Fridayas crude oil futures topped 55 dollars per barrel and tepid earnings from Microsoft Corp. and the Coca-Cola Co.
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Stocks fell on Friday, halting a   four-day rally, as investors sold to lock in profits after the   Dow industrials touched a record high and Wall Street rounded   out its best third quarter in nine years.
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U.S. stocks fell on Friday, with the Dow knocked off its 14,000-point perch and the Nasdaq composite index down more than 1 percent after bellwether stocks Caterpillar Inc.  and Google Inc  posted disappointing earnings.
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NEW YORK - Stocks tumbled Wednesday as investors saw a surge in oil prices and disappointing earnings from Morgan Stanley as a reason to collect profits from gains of the last month. The Dow Jones industrial average dropped nearly 130 points, and all three major indexes saw their biggest losses since early August...
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Wall Street stocks were weaker at midmorning on Friday after disappointing earnings from Google (NASDAQ:GOOG) and Caterpillar (NYSE:CAT) and renewed jitters over US mortgage and credit markets.
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The Dow Jones industrials fell more than 360 points to cap a week of poor earnings reports, particularly from the large Wall Street banks.
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Stocks slid on Thursday afternoon, with financial shares hurt by rising bond yields.
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Wall Street stocks were mixed on Thursday, after a big fall in profits at Bank of America (NYSE:BAC) added to woes in the financial sector and weighed on investor confidence.
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Stocks fell on Friday, setting Wall Street on course for its worst week in more than four years, as the diminishing appetite for riskier assets fueled a further rout in global equity markets.