Earnings & Sales Reports | featured news

New York Times reported a lower fourth-quarter profit as an advertising slump continues to erode its capital base. The publisher's revenue fell 11%.

Nomura reports heavy losses for the final quarter of 2008 as it struggles to integrate parts of failed US bank Lehman Brothers.

Siemens posted an 81% drop in first-quarter net profit compared with a year earlier when results were boosted by a multibillion euro gain from an asset sale.

Sales of existing homes posted an unexpected increase last month, closing out the worst year for the U.S. real estate market in more than a decade on a surprising up note.

CHICAGO (Reuters) - Caterpillar Inc said on Monday that quarterly earnings fell more than 32 percent and warned of a tough year ahead as the downturn that began in the United States metastasized into a full-blown global recession that hit sales of its earth-moving equipment.

An anemic ad market is expected to depress the Web portal's Q4 earnings.

Investors this week will face a large batch of company report cards, in what is shaping up to be the worst quarter for corporate profits in a decade, CNNMoney reports. Investors will also digest reports on housing, consumer confidence and leading economic indicators.

Losses overseas and another round of weak earnings reports pushed U.S. stocks lower. Capital One and Harley Davidson sank.

The U.S. conglomerate and economic bellwether closes out one of the toughest years in its 117-year history.

Harley-Davidson said it will cut about 1,100 jobs over the next two years, as the motorcycle builder posted a 58% fall in net income following continued woes in its financial-services unit and slumping demand.