| Principal losses dent shares, ISM data pushes down rest of sector LONDON (MarketWatch) -- Shares of U.S. financial stocks fell broadly Tuesday, led by a more than 10% drop in Principal Financial Group, which Monday said losses in its subprime mortgage investments slashed fourth quarter profit by 85%. feeds.marketwatch.com |
StanChart profit tops forecast and upbeat on 2008 LONDON (Reuters) - Standard Chartered beat forecasts with a 27 percent rise in 2007 profits and expects another strong year as Asian markets are well placed to continue to outperform western economies, sending its shares higher. feeds.reuters.com |
Teen Retailers Report Mixed Results Teen retailer Pacific Sunwear posted a 42% drop in fiscal fourth-quarter profit as rival Zumiez saw profit rise 10%. online.wsj.com |
Strong Sales Lift Monsanto's Profit Monsanto's profit soared on strong demand for its corn seed and herbicides. Quarterly revenue rose 45%. The seed producer also boosted its long-term profit guidance. online.wsj.com |
Wall Street rallies on Google's profit report Wall Street rallied Friday on Google's better-than-expected profit report. Shares of Google, the online search giant, surged Friday as its first-quarter earnings and revenue growth topped analysts' predictions. Citigroup, th ... english.people.com.cn |