3M shares fall on investor worries
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3M Co , whose products range from Scotch tape to optical films for liquid crystal displays, on Friday posted a stronger-than-expected quarterly profit, but shares fell almost 7 percent as investors worried about falling profits in the LCD television market.
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Stock markets fell for a third consecutive day as investors confronted new chapters of a well-worn story: the economy is in trouble.
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Shares of the worldâs biggest maker of mobile networks fell 24% after announcing a drop in third-quarter profit amid weaker demand for equipment in Europe and the U.S.
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Stock indexes dropped for a third straight session on Wednesday after Federal Reserve officials cast doubt on the outlook for more interest rate cuts, driving the Nasdaq into bear market territory.
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Stocks fell for a third straight session on Friday as concern over rising defaults in the subprime mortgage industry sent financial shares to their worst decline in a month.
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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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London equities were losing ground by midday Friday, as financial stocks sagged with investor concern over banks&#39; and asset managers&#39; exposure to sub-prime mortgage assets in the United States.
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London equity markets fell on Tuesday as mining and oil groups retreated.
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Stocks fell on Wednesday as concerns  about financing for takeovers hit financial shares, stalling an  earlier rebound.
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The FTSE fell on Wednesday as a disappointing trading update from Northern Rock added to concern about rising interest rates.
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MBIA Inc. (MBI.N: Quote, Profile, Research) , a leading US bond insurer, on Tuesday reported a 2.3 percent drop in third-quarter earnings as investor demand
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Shares in Asia fell on Monday, with Japan down around 2.5 percent and Hong Kong down more than 3 percent, as concerns over the health of the U.S. economy returned.
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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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The investment bank reported 3rd-quarter profit fell 3% to $887 million, on fallout from the subprime-mortgage crisis.
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European insurance stocks fall on the back of subprime bond claim worries.
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Morgan Stanley and Bear Stearns Cos. said fiscal third-quarter earnings fell, their first declines in more than a year. The results sparked concern that Wall Street profits are slowing, and shares of many securities firms dropped.
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NEW YORK -- Wall Street fell sharply for a third straight session Thursday after rising bond yields stoked concerns that an interest rate cut later in the year is less likely. The Dow Jones industrials fell more than 100 points and the S&P 500 index hovered near the 1,500 mark.