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Bank of America moved up its fourth-quarter report to Friday morning, making it the latest big bank to move up its earnings release.
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A gain related to WaMu helped J.P. Morgan post a profit despite a surge in provisions for credit losses and markdowns on leveraged loans. (Conference call transcript)
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Genentech's fourth-quarter profit rose 47% as the biotechnology firm recorded strong sales for most of its U.S. products.
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Intel's profit sank 90% as sales dropped 23% amid a rapid deceleration in computer demand and pricing pressure during the key holiday season.
Sanyo Electric, saying it no longer expects to post a profit for the current fiscal year, announced plans to close factories and cut about 1,200 jobs.
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Broadcom's third-quarter profit soared almost sixfold amid continued demand for its communications chips.
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Chip-equipment supplier ASML swung to a fourth-quarter net loss as semiconductor makers struggle with slumping demand and tight credit.
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Marshall & Ilsley said it has essentially eliminated its dividend and enacted $100 million in cost cuts as Wisconsin's largest bank swung to a fourth-quarter loss on slumping credit quality.
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Autodesk reduced its earnings outlook again amid slumping demand, and the software maker said it will cut about 10% of its work force.
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Citigroup will release its fourth-quarter earnings six days earlier than scheduled, as the company's shares skidded on concerns about plans to downsize.
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