Update 2-Federated Investors report lower earnings
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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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Disappointing earnings from Morgan Stanley and a new spike in oil prices sent stocks lower in early trading Wednesday as investors&#39; worries over third-quarter earnings increased.
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The Dow was down more than 200 points at one point today as earnings reports from Wachovia and Caterpillar disappointed investors.
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After another sub-par quarter, should investors throw in the towel?
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The Dow was up slightly but broader indicators dropped as investors awaited results from the Fedâs credit auction and digested Morgan Stanleyâs earnings report.
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UK blue chips closed lower on Friday, reflecting a weak showing on Wall Street as disappointment over earnings reports prompted a pull-back after yesterday&#39;s historic close above the 14,000 level for the first time, but with Friends Provident a major gainer on bid speculation.
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Federated Departments Stores Inc. said Monday that Hurricane Jeanne will hurt third-quarter earnings by 1 cent to 2 cents per share, further lowering an outlook already cut because of lost sales from Hurricane Frances.
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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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U.S. stock futures pointed to a lower  open on Wall Street on Tuesday as investors take profits  following Monday's rally and before the Federal Reserve is  expected to raise interest rates.
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Have weak first-quarter earnings pulled the plug on this party?
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Investor's Business Daily - The Richmond Fed&#39;s service-sector revenues index fell to -4 in Aug. vs. 6 in July. The retail sales revenues index dived to -34 vs. 3 in July. But the manufacturing index for the Richmond Fed district ticked up to 7 this month from 4 in July.
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Credit Suisse  said it marked down the value of asset-backed investments by $2.85 billion, wiping $1 billion from its net income and sending its shares plummeting.
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Investors reacted to a disappointing fourth-quarter earnings report that raised worries about the software makerâs ability to cope with tougher competition and a slowing U.S. economy.
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Plus: Alcatel outlook weak...Cisco profit climbs...Time Warner lowers earnings target...Electronic Arts lowers outlook.
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Wall Street was lower at mid-morning on Monday, with Microsoft shares down after a European Union court ruling and investors on guard ahead of earnings from investment banks this week. Light trading activity is expected as investors await the outcome of the Federal Reserve&#39;s policy meeting on Tuesday.
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Record highs of the past week spill over into a patchy market, taking the S&amp;P 200 lower. Investors continued to take profits after last week&#39;s record highs, pushing the sharemarket slightly lower yesterday.
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U.S. stocks opened slightly lower  on  Monday, with investors awaiting a flow of corporate earnings  results to give the market direction after starting the new  year down.