quarter profit

G.E., a bellwether for the American economy, said Friday that its third-quarter profit fell 22 percent, hurt by its financing business.

General Electric Co’s third-quarter profit slide matched its recently lowered forecast, as the global credit crunch continued to hammer its hefty finance arm.

Bank of America Corp.'s third-quarter profit fell 68 percent and the bank says it's selling stock and halving its dividend to boost capital.

Bank of America Corp.'s third-quarter profit fell 68 percent and the bank says it's selling stock and halving its dividend to boost capital.

American Greetings Corp. said Friday that second-quarter profit dropped 73 percent on lower margins and higher costs as the greeting card company invested in products to drive sales growth.

WHAT'S DOWN: Best Buy Co. says its second-quarter profit slid 19 percent, falling to $202 million, or 48 cents per share, for the three months ending Aug. 30.

Kroger Co., the nation's largest traditional grocery chain, said Tuesday its second-quarter profit rose 3.4 percent as a slowing economy prompted people to eat at home.

Third-quarter profit fell 71 percent from a year ago at the investment bank, but still beat Wall Street expectations.

Staples says its second-quarter profit dropped 16 percent, hurt by slow sales in the U.S. at established stores.

Jewelry retailer Tiffany says second-quarter profit doubled, beating Wall Street expectations as sales rose by double-digit percentages in Asia and Europe.