Black & Decker shares drop after cutting quarterly outlook
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Tool maker Black & Decker Corp  slashed its fourth-quarter profit outlook on Friday, citing worse-than-expected conditions in North America and a one-time charge, and its shares fell as much as 10 percent.
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Stocks fell on Tuesday after profit warnings from Home Depot Inc.  and Sears Holdings Corp. , while trouble in the subprime mortgage market fueled a sell-off among shares of financial companies.
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MILAN, Italy  - Merloni shares fell more than 10  percent on Friday after the Italian home appliance maker cut  its 2004 profit forecast, blaming weak demand and high prices  for steel and oil.
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Illinois Tool Works Inc.  cut its quarterly profit outlook on Friday, becoming the latest manufacturer to warn of the effects of a slowing U.S. economy.
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Stocks dropped sharply on Thursday as data showing a plunge in regional factory activity and news of a hefty loss by brokerage Merrill Lynch fanned worries about the economy.
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Specialty-electronics retailer Sharper Image Corp. cut its fourth- quarter earnings forecast Monday, citing disappointing holiday sales caused in part by inventory shortages.
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Shares of Lowe's Cos  fell more than 5 percent on Tuesday after the home improvement retailer cut its profit forecast for this year amid the slumping U.S. housing market.
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Tool maker Black & Decker Corp  reported better-than-expected third-quarter earnings on Thursday as sales growth helped offset higher commodity prices, sending its shares up 8 percent.
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Electrolux AB, the world's biggest maker of home appliances, reduced its profit forecast for the rest of the year on Thursday, citing rising steel prices.
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The worse-than-expected results, combined with the companyâs forecast of a weak fourth quarter, sent the steelmakerâs shares down 6 percent.
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Shares of Krispy Kreme Doughnuts Inc. fell sharply Monday after it reported a 79 percent plunge in third-quarter earnings. The company also withdrew its sales forecast and said it would
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STOCKS in the United States fell - led by technology shares - after the world&#39;s biggest semiconductor maker Intel cut its revenue forecast because of slowing demand for personal computers and mobile phones.
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Home goods retailer Williams-Sonoma Inc  reported a decline in its holiday same-store sales on Tuesday and gave a weak outlook for the current quarter and upcoming fiscal year, sending its shares down 15 percent in premarket trade.
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Shares in JetBlue Airways Corp.   JBLU.O fell on Friday after the discount carrier lowered its   earnings forecast amid weaker demand.
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Whirlpool Corp.  reported a 13 percent drop in quarterly earnings on Wednesday, hurt by soft U.S. demand for appliances amid a weak housing market, and it cut its profit forecast for the year, sending its shares down 3 percent.
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Pentair Inc. PNR.N on Tuesday cut its   earnings outlook for the third and fourth quarters, sending its   shares down as much as 10 percent, as weakness in the housing   market took a toll on its swimming pool equipment business.
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The Dow and S&P stock gauges fell on Tuesday after disappointing quarterly results from Procter & Gamble and U.S. Steel hurt confidence about the outlook for earnings, while a Wall Street Journal article raised doubt the Federal Reserve would cut interest rates this week.