Allstate posts lower fourth-quarter earnings
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Allstate Corp, the largest publicly traded U.S. home insurer, said on Tuesday that net income fell 37.3 percent in the fourth quarter, hurt by higher catastrophe losses.
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General Motors Corp.  on Wednesday posted weaker fourth-quarter earnings due to growing U.S. health care costs and bigger losses from its European automotive operations.
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Wachovia Corp , the fourth-largest U.S. bank, on Tuesday said quarterly profit fell a larger-than-expected 98 percent, hurt by write-downs relating to turmoil in mortgage and credit markets.
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Allstate Corp. , the largest publicly traded home insurer in the United States, said on Tuesday that quarterly earnings rose 16.5 percent, helped by low catastrophe losses.
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California utility PG&E Corp.  posted lower fourth-quarter earnings on Thursday, hurt by severance costs from streamlining operations at its Pacific Gas & Electric utility.
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Wachovia Corp , the fourth-largest U.S. bank, on Friday said third-quarter profit fell, hurt by write-downs related to difficult credit market conditions.
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The hotel operator said its fourth quarter earnings fell 20 percent as it took a hit from the closure of its synthetic fuel business, offsetting overseas gains.
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The companyâs shares plunged 15.9 percent to a nearly four-year low of $10.36 in morning trading after its net profit fell 84 percent in the fourth quarter.
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MOUNTAIN VIEW, Calif. -- Google Inc.'s fourth-quarter profit fell below analyst expectations, signaling the crumbling U.S. economy has dented the Internet search leader's moneymaking machine.
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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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Car dealership group Lithia Motors Inc  on Thursday posted a 47-percent decline in fourth-quarter earnings as higher expenses more than offset a gain in new vehicle sales.
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Wells Fargo & Co  on Wednesday said fourth-quarter profit fell, the first decline in more than six years, hurt by rising losses from home equity loans.
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The company said quarterly profit rose to $494 million despite a slowing U.S. economy, but it lowered its full-year earnings outlook.
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Exxon Mobil Corp.  reported a slight decline in fourth-quarter earnings Thursday due to lower natural gas prices and shrinking profits from gasoline sales.
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The retailer posted a 36 percent fall in fourth-quarter profit, hurt by costs related to an inventory write-off, and said it would open only about half the number of stores it opened in 2007.
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Allstate Corp. ALL.N the second  largest home and auto insurer in the United States, on  Wednesday said profits fell largely because of hurricane  related damage claims.
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Allstate Corp. ALL.N, the No. 2 U.S.  home and auto insurer, warned on Wednesday its third-quarter  profits would fall well short of expectations due to more than  $1 billion in hurricane-related payouts.