Earnings | featured news

Aircraft maker Boeing blames a net loss of $1.6bn (£974m) on rising production costs and poor market conditions.

Stocks struggled after a quartet of blue-chip companies reported generally strong earnings but weak revenue, reinforcing investors' jitters about persistent weakness on the demand side of the global economy.

Bank of America Corp. says it lost more than $2 billion in the third quarter as its loan losses continued to rise.

Google's third-quarter earnings rose 27% as the company saw improvement in the online advertising market. Revenue rose 7.3%.

Goldman Sachs Group Inc.'s third-quarter earnings more than tripled from the depths of the financial crisis as income from the company's trading operations offset a drop in its investment banking business....

Southwest Airlines reported another quarter of red ink, $16 million, extending a trend that until a year ago was unseen at the discount carrier since the early 1990s. Hedging losses again weighed on results.

Despite increasing competition, Research In Motion is expected to report healthy second-quarter growth.

Dell Inc reported stronger-than-expected quarterly profit on Thursday, showing it was better able to cut costs and protect prices on its products than analysts, or its own executives, had predicted.

The Agriculture Department said it expects U.S. net farm income, a widely followed measure of farmer profitability, to fall 38% this year to $54 billion.

Sears posted a $94 million loss on compensation and restructuring charges, widely missing expectations, as revenue fell.