quarterly loss

Dutch banking giant ING reports its first quarterly loss - 585m euros - for the three months to the end of September.

Japanese electronics firm Hitachi reports a quarterly loss, blaming sluggish demand, the strong yen and rising costs.

Stocks tumbled Wednesday morning as Wachovia's big quarterly loss and a host of other bleak earnings reports exacerbated recession fears.

In posting a surprising $24 billion quarterly loss, Wachovia reveals that its commercial customers were yanking deposits amid the panic that led to the bank's sale to Wells Fargo.

The future of one of Wall Street's top investment banks is in doubt. Lehman Brothers had been in talks with a Korean bank about purchasing a stake in Lehman, which desperately needs the funds.

But the talks ended with no deal, and on Wednesday, Lehman announced a quarterly loss of $4 billion.

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Stocks rose Wednesday as investors digested Lehman Brothers' bigger-than-expected quarterly loss and plans for shoring up its balance sheet.

Lehman Brothers booked a nearly $4 billion quarterly loss Wednesday and announced a series of drastic steps aimed at reviving the beleaguered firm.

Slumping oil prices and a rising dollar fired up a big stock market rally Friday morning, enabling investors to look beyond mortgage finance firm Fannie Mae's steep quarterly loss.

Insurer American International Group reports a quarterly loss of $5.36bn with profits wiped out by writedowns on assets.

Stocks weakened early Wednesday as investors considered Freddie Mac's steeper-than-expected quarterly loss and Cisco Systems' better-than-expected quarterly profit one day after a big market rally.