Tractor Supply 3rd-Quarter Earnings Drop
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Farming supply retailer Tractor Supply Co.  on Monday reported that its earnings fell in the third quarter because of higher freight costs, higher costs for steel and other commodities and a shift in sales to lower margin hurricane-related items.
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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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Caterpillar Inc, the world's top maker of earth-moving equipment, diesel engines and gas turbines, posted disappointing quarterly earnings on Friday and cut its full-year forecast, sending its shares down 3.5 percent.
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Lowe&#39;s (LOW:NYSE - news - research) third-quarter earnings rose 15.5% from a year ago, but the home supply-chain disappointed investors by keeping its fourth-quarter guidance in place.
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U.S. investment bank Morgan Stanley  MWD.N on Wednesday said quarterly profit dropped by a third  on sharply lower bond trading revenue and higher expenses,  falling well short of Wall Street's low expectations and  pushing the company's shares down as much as 8 percent.
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Abercrombie &amp; Fitch Co. reported a 21 percent drop in third-quarter earnings Tuesday, citing a nearly &#36;33 million one-time charge to settle three class-action lawsuits related to work force diversity. The clothing retailer was also cautious about the current quarter, saying it expects earnings to be flat.
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Dean Foods Co. on Wednesday reported lower third-quarter earnings as higher costs and intense competition at the retails grocery level crimped results.
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Diversified manufacturer 3M Co.   posted a weaker-than-expected quarterly profit on Tuesday and  said global economic growth was slowing, sending its shares  down 4.7 percent and weighing heavily on blue chip stocks  overall.
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Home appliance maker Maytag Corp.  MYG.N on Thursday reported an 80 percent drop in  third-quarter profit, hurt by higher steel and energy costs and  lower sales of its Hoover vacuums.
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Lucent Technologies Inc.  said  on Monday it expects third-quarter earnings to fall due mainly  to slower sales of wireless network equipment in North America,  in news that pushed down its shares.
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Texas Instruments Inc.  posted a lower quarterly profit on weak demand for its calculators, and gave a disappointing revenue forecast for the third quarter, sending shares down 3 percent on Monday.
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BP reported a 45 percent fall in  third-quarter replacement-cost profit to $3.867 billion due to  lower oil and gas production, problems at its refining division  and fewer asset sales which had flattered the year-earlier  result.
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Merck & Co. MRK.N on Thursday said  its third-quarter profit fell, hurt by negative effects of the  recall last month of its Vioxx arthritis drug.
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Caterpillar Inc. , a manufacturer of heavy construction and mining equipment, on Friday said quarterly earnings fell more than expected due to lower sales of diesel truck engines, weakness in North American construction markets, and higher production costs.
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Caterpillar Inc , the world's top maker of earthmoving equipment, diesel engines and gas turbines, said on Friday quarterly earnings fell more than expected due to lower truck engine sales, weakness in North American construction markets and higher production costs.
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U.S. stocks fell for a third straight day on Tuesday after a report showing weaker-than-expected orders for manufactured durable goods spurred worries about the strength of corporate profits.
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Volkswagen AG reported a 65 percent drop in third-quarter net profit from the same period a year ago amid fiercely competitive markets and difficult economic conditions such as a strong euro and high oil prices.