Writedowns hurt Bank of America

Write-downs hit JP Morgan profit
JP Morgan Chase sees profits in the second three months of 2008 fall, partly because of mortgage-related write-downs.

Profits at Bear Stearns down 79%
Beleaguered US bank Bear Stearns reveals that its net profit fell 79% in the three months until 29 February.

Total gains from oil price surge
Total sees its profits in the last three months of 2007 rise by 62% on record oil prices and new production plants.

HP's profits exceed expectations
The world's biggest PC maker, Hewlett-Packard, has revealed better-than-expected net profit in the fourth quarter.

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