First Niagara Slides as $800M Charge Leads to 3Q Loss; Dealing with Issue in Deposit Accounts
First Niagara Financial Group Inc.'s shares sank Friday after the bank took an $800 million charge that caused a quarterly loss and said it was dealing with a "process issue" with its deposit accounts.
Post-It Maker 3M's 3Q Net Income Up 6%
Diversified manufacturer 3M's third-quarter net income rose 6 percent on higher revenue across all divisions.
Weak Economic Data Slams Wall Street
Stocks pared significant losses Wednesday, but still closed deep in negative territory, as disappointing economic reports reignited growth worries.
Look to Earnings for Markets’ Direction
Stocks are up 30% over the past year, despite higher long term Treasury yields and earnings growth that averaged around 5% in the latest period.
Stronger Market Data Fees Lift ICE 3Q Profits 8%; NYSE Deal Nears Close
Helped by higher market data revenues, the IntercontinentalExchange posted an 8% increase in profit.
First Half of Earnings Season Leaves Investors Craving More
Results from the third-quarter earnings season highlight how the sluggish economy is making revenue growth difficult to sustain.
Buyouts Behind Nasdaq's 3Q Profit Growth of 27%
Nasdaq OMX Group reported a higher 3Q profit beating expectations, and helped by recent acquisitions and increased market data revenue.
Multinationals Set to Shine During 3Q Earnings Season
Thanks to Europe's economic comeback, multinationals are likely to be a bright spot this earnings season.
Having Indigestion? Don't Fret Over Fast Food's Mixed 2Q
McDonald's, the world's biggest burger chain, set off alarm bells among investors after posting a cautious outlook, but analysts say it’s not much to worry about.
Alcoa Starts Earnings Season With Red Ink, Slight Beat
Kicking 2Q earnings season off on a slightly positive note, Alcoa reported a deeper quarterly loss but an adjusted profit beat as the aluminum maker grapples with slumping prices.
Big Lots' Shares Dive on Sour Outlook
Hurt by weaknesses in its domestic market and legal costs, the closeout retailer revealed weaker-than-expected first-quarter sales and a disappointing outlook.
Coty to Raise Up to $1.06B in IPO
The fragrance maker expects its initial public offering of up to 65.7 million Class A shares to be priced at between $16.50 and $18.50 each, raising as much as $1.2 billion.
Disappointing 1Q Revenues Signal Trouble Under the Surface
With earnings season almost over, don’t be fooled by the record-breaking earnings per share -- revenues signal potential troubles for corporate America.
Stocks Waver Amid Mixed Data
Disappointing earnings from biotech behemoth Pfizer, coupled with yet another weak regional manufacturing reading, left Wall Street in search of direction Tuesday.
NYSE Euronext Logs 44% Jump in 1Q Net, Revenue Miss
The Big Board parent grew profits thanks to rising derivatives revenue and cost-cutting moves.
Futures Flat as Traders Digest Housing Data
U.S. stock-index futures were in search of direction Tuesday as traders mulled better-than-expected housing data and disappointing Pfizer earnings.
April Advance: Defensives Drive S&P to Record High
The broad S&P 500 tacked on 1.8% in April, with traditional defensive plays like telecommunications and utilities leading the run higher.
2013's Bullish Kickoff Could Scuttle 'Sell in May' Playbook
There's an old adage on Wall Street to 'sell in May and go away." But with markets hovering around record highs, will this year be different?
Target Cuts Full-Year Outlook, Shares Slide
The retailer posted mixed second-quarter earnings, but sent shares sliding after it lowered its full-year guidance well below Street views.
Strong Spring Sales Propel Home Depot to 2Q Beat
The world's largest home improvement chain posted better-than-expected same-store sales as customers spent more time on home repairs.












