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| Anglo-Irish Bank profits fall, shares drop
(AP)
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| AP - Anglo-Irish Bank Corp. said Wednesday its full-year profits fell 34 percent because of bad loans and investments, largely in the property market, and preparations for heavier losses to come. |
| RIM cuts outlook, held back by slower U.S. economy
(Reuters)
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Reuters - The weak U.S. economy has finally caught up with Research In Motion, forcing the maker of the BlackBerry smartphone to cut its quarterly profit estimate as sales slow, margins narrow and a stronger U.S. dollar compresses revenue.
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| Del Monte profit tops view
(Reuters)
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| Reuters - Del Monte Foods Co posted a better-than-expected quarterly profit on Wednesday and said full-year earnings could top its prior forecast, sending shares up more than 17 percent. |
| Infineon Technologies 4Q loss widens to $969M
(AP)
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| AP - German semiconductor maker Infineon Technologies AG said Wednesday that a write-down on its stake in Qimonda and lower chip prices on the global market combined to widen its fourth-quarter loss, the seventh in a row. |
| Beazer Homes 4Q loss balloons as revenue plunges
(AP)
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| AP - Homebuilder Beazer Homes USA Inc. gave Wall Street a double-shot of discouraging news Tuesday: Its fiscal fourth-quarter loss more than tripled from a year ago and it expects to lose money throughout 2009. |
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