UPDATE 1-Talbots cuts 3rd-qtr earnings view, shares tumble
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Talbots Inc. (TLB.N: Quote, Profile, Research) on Wednesday cut its estimates for its third-quarter earnings, saying recent hurricanes and more price-conscious customers were making its September sales unexpectedly weak.
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US investment bank Morgan Stanley on Wednesday said quarterly profit dropped by a third on lower bond trading revenue, weak equities results and higher expenses, falling
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Dow Jones &amp; Co., a financial news provider and publisher of the Wall Street Journal, lowered third-quarter guidance on Wednesday, due to declining Journal advertising bookings for September.
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Morgan Stanley  on Wednesday  said its third-quarter earnings fell, reflecting damage caused  by the broad sell-off in mortgage and corporate loan markets  this summer, though revenue rose on strong investment banking  and stock trading.
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Morgan Stanley  on Wednesday said its third-quarter earnings fell, reflecting damage caused by the broad sell-off in mortgage and corporate loan markets this summer, though revenue rose on strong investment banking and stock trading.
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Dow Jones & Co. Inc. DJ.N on Monday   lowered its third-quarter earnings forecast due to   weaker-than-expected advertising at the U.S. print edition of   The Wall Street Journal in September.
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Aeon Co., Japan's second-biggest retail group, on Tuesday said quarterly operating profit fell 16 percent due to poor sales at its U.S. apparel unit Talbots Inc. and some goodwill charges.
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Morgan Stanley, hurt by tight credit markets and adverse trading conditions, reported a 17 percent drop in its third-quarter profit today.
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Fashion retailer Limited Brands Inc.'s third-quarter earnings fell 40 percent because of fewer one-time gains, the company reported Thursday.
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London equities fell on Wednesday after Marks & Spencer reported its worst quarterly sales performance for two and a half years.
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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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Merrill Lynch & Company said today third-quarter profit fell 8 percent, hurt by reduced investment banking and trading.
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Slashed earnings estimate pulls down shares.
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Top shares have fallen to a three-week low after an early jump on the back of positive corporate news failed to gather momentum and stronger-than-expected retail sales data
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After a dismal second-quarter showing, the retailer projects a Q3 loss.
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May Department Stores (MAY:NYSE - news - research) reported dismal third-quarter results Tuesday, weighed down by its acquisition of Marshall Field&#39;s and negative sales trends.
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Dow Jones & Co. DJ.N on Wednesday  cut its earnings forecast for the current quarter, citing  weakness this month in key advertising categories at its  flagship newspaper The Wall Street Journal, sending shares down  3 percent.