M&T Bank shares fall on Q4 results
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M&T Bank Corp , the first large U.S. bank to report fourth-quarter results, said on Monday that profit tumbled 70 percent, hurt by debt write-downs and turbulence in residential real estate markets.
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Micron Technology Inc  (MU) share prices fell early Sept. 19, after the financial services firm Citigroup downgraded its rating on the stock to hold from buy.
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MORGAN Stanley, the American investment bank, has seen its quarterly profits slide 34 per cent amid reduced trading revenues. The latest figure fell well short of Wall Streetâs already-lowered expectations after a summer of sluggish market activity.
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U.S. stocks fell on Wednesday as  weaker-than-expected earnings from J.P. Morgan Chase & Co.  JPM.N, the second largest U.S. bank, dampened Wall Street's  mood.
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Morgan Stanley  on Wednesday said third-quarter profit fell as the summertime freeze in mortgage and corporate loan markets forced the bank to mark loans down by $940 million, but shares held their own on optimism that financial markets may be starting to revive.
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Stocks fell on Thursday, led lower by tech shares as investors worried about the impact of a slowing economy on the outlook for profits.
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Bank of America reports a 95% fall in  fourth-quarter profits as a result of write downs and rising credit losses.
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Even with a mega-loss expected, the banking giant still fell short of estimates, dragging U.S. stocks lower.
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M&T Bank Corp  and Sovereign Bancorp Inc , two of the largest banks in the eastern United States, said on Monday turmoil in credit, mortgage and real estate markets hurt fourth-quarter results.
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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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Stocks fell on Thursday as shares of financial services companies slid on concerns about the lingering effects of the credit crunch following Bank of America Corp's disappointing quarterly results.
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Wall Street fell yesterday for the first time in four sessions as concerns about the technology and energy sectors overshadowed some $81 billion in takeover activity.
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Two large Wall Street firms - Morgan Stanley and Bear Stearns - reported a fall in quarterly profits yesterday in sharp contrast to rival players who presented an upbeat performance the day before.
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JPMorgan Chase & Co. JPM.N, the No.  2 U.S. bank, said on Wednesday its fourth-quarter earnings fell  11 percent, hurt by charges related to its merger with Bank One  last year.
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Research In Motion Ltd.  shares fell 4 percent on Wednesday after the BlackBerry wireless e-mail device maker reported strong third-quarter results but issued forecasts that disappointed some investors.
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Stocks fell on Thursday as a drop in Eli Lilly and Co  shares and caution before new home sales data offset optimism about earnings from tech companies Motorola Inc  and EMC Corp .
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Asian shares dipped on Thursday, as  tech shares followed U.S. counterparts lower after an  influential investment bank downgraded the sector.