American Airlines Parent Company AMR Loses $238 Million in 3Q
American Airlines parent company AMR lost $238 million in the third quarter on employee severance payouts and other costs related to its bankruptcy.
quarterly results
Wall Street Watch Friday: AMD Doesn't Chip In
The chip maker that was a thorn in Intel's side during the PC glory years announced preliminary quarterly results after Thursday's market close, and it wasn't pretty.
Wall Street Watch Thursday: Goodbye Ruby Tuesday
Ruby Tuesday posted distinctly uninspiring quarterly results after Wednesday's market close. So is it time for investors to leave behind this stagnant casual dining concept?
Wall Street Watch Wednesday: Yum Brands Is Delicious
Things are getting tastier at Yum! Brands. The company behind Taco Bell, Pizza Hut, and KFC posted strong quarterly results after Tuesday's market close.
A Look Ahead: This Week's Earnings Reports
Earnings season has officially kicked into high gear: 39 companies have reported so far, with the S&P reporting an earnings per share surprise of 6.8%. The best results include increases in financials, consumer discretionary, and materials. Here are some highlights.
Ernst & Young May Face Fraud Charges in the Lehman Debacle
Accounting giant Ernst & Young is expected to face civil fraud charges by New York prosecutors over its alleged role in the spectacular collapse of Lehman Brothers. The lawsuit would mark the first time a Big Four accountant has been charged in regard to the financial crisis.
Fraud Files: When 'Immaterial' Errors Hide Real Problems
When companies use the word "immaterial" to describe errors or irregularities in their previously reported numbers, what they're trying to say is that their mistakes involved such small amounts that they don't really matter. Too often, though, that's not really the case.