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'profit and loss account' News by Yahoo on 17-January-2008.

Yahoo news for "profit and loss account" is given below:

Wells Fargo 4Q profit drops 38 percent (El Paso Times)
Published on Fri, 18 Jan 2008 04:34:46 GMT
SAN FRANCISCOWells Fargo & Co. ended 2007 with its lowest quarterly profit in six years, dragged down by the declining home values and mortgage mess that's tormenting most of the banking industry.

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Merrill Posts Record Loss on $16.7 Billion Writedown (Update6) (Bloomberg.com)
Published on Fri, 18 Jan 2008 00:36:45 GMT
Jan. 17 (Bloomberg) -- Merrill Lynch & Co., the biggest U.S. brokerage, reported a record loss after $16.7 billion of writedowns on assets infected by subprime mortgages.

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Merrill Posts Record Loss on $16.7 Billion Writedown (Update4) (Bloomberg.com)
Published on Thu, 17 Jan 2008 17:23:14 GMT
Jan. 17 (Bloomberg) -- Merrill Lynch & Co., the biggest U.S. brokerage, reported a record loss after $16.7 billion of writedowns on assets infected by the subprime-mortgage crisis.

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Merrill Posts Record Loss on $16.7 Billion Writedown (Update3) (Bloomberg.com)
Published on Thu, 17 Jan 2008 15:38:21 GMT
Jan. 17 (Bloomberg) -- Merrill Lynch & Co. reported a record loss after writing down $16.7 billion of failed investments, ousting its chief executive officer and losing almost half of its market value in 2007.

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Merrill Posts Record Loss on $15 Billion Writedown (Update2) (Bloomberg.com)
Published on Thu, 17 Jan 2008 15:06:45 GMT
Jan. 17 (Bloomberg) -- Merrill Lynch & Co. reported a record loss after writing down at least $15 billion of failed investments, ousting its chief executive officer and losing almost half of its market value in 2007.

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Wells Fargo's profit slips to 6-year quarterly low / Mortgage crisis, declining home values weigh on bottom line (San Francisco Chronicle)
Published on Thu, 17 Jan 2008 08:31:36 GMT
Wells Fargo & Co. ended 2007 with its lowest quarterly profit in six years, dragged down by the declining home values and mortgage mess that's tormenting most of the banking industry. The San Francisco company said Wednesday that it earned $1.36 billion (41...

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WaMu Reports Fourth Quarter Net Loss Per Share of $2.19, Reflecting Previously Announced After-Tax Charge to Writedown ... (wallstreet:online AG)
Published on Thu, 17 Jan 2008 21:27:25 GMT
WaMu (NYSE:WM) today announced a fourth quarter 2007 net loss of $1.87 billion, or $2.19 per diluted

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HCL Tech Q2 net profit rises 16.3% (The Hindu)
Published on Thu, 17 Jan 2008 18:12:20 GMT
Rupee rise tackled: Mr Vineet Nayar, CEO, HCL Technologies, addressing a press conference in the Capital on Thursday. - New Delhi, Jan. 17 IT services company HCL Technologies Ltd on Thursday posted a 16.3 per cent year-on-year rise in consolidated net profit at Rs 332.9 crore for the second quarter ended December 2007, as the company logged volume growth and increase in billing rates.

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