Here are a few more highlights of this past week's earnings coverage from BloggingStocks:
- Citigroup Inc. (NYSE: C) posted a bigger than expected loss, due to subprime-related write-downs.
- General Electric Co. (NYSE: GE) reported a solid fourth quarter, bringing a hint of optimism to Wall Street.
- JPMorgan Chase & Co. (NYSE: JPM) missed estimates due to consumer lending issues.
- Merrill Lynch & Co. (NYSE: MER) posted a bigger than expected loss due to large write-downs.
- Schlumberger Ltd. (NYSE: SLB) missed expectations due to market conditions and weather factors.
- Sears Holding (NASDAQ: SHLD) lowered its fourth quarter outlook on weak holiday sales.
- State Street Corp. (NYSE: STT) beat expectations, after a subprime-related charge is excluded.
- TD Ameritrade Corp. (NASDAQ: AMTD) net income rose sharply on increased trading activity.
- US Bancorp (NYSE: USB) missed earnings estimates, but is "well capitalized" according to the CEO.
- Washington Mutual Inc. (NYSE: WM) swung to a loss due to the credit crunch, as it had warned.
- Wells Fargo & Co. (NYSE: WFC) reported its lowest quarterly profit in years, as analysts had expected.
See additional earnings highlights. Also, Jim Cramer ponders the ennui of the new earnings season. Peter Cohan mulls whether this will be the worst earnings period for the lending industry since the Great Depression.
Upcoming results to watch for include Bank of America (NYSE: BAC), eBay Inc. (NASDAQ: EBAY), Johnson & Johnson (NYSE: JNJ), Pfizer Inc. (NYSE: PFE), Ford Motor Co. (NYSE: F), Southwest Airlines (NYSE: LUV), AT&T Inc. (NYSE: T), Caterpillar Inc. (NYSE: CAT), and Harley-Davidson Inc. (NYSE: HOG).
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