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JP Morgan Chase & Company took a much smaller write-down, but saw its net income decline to $2.97 billion from $4.53 billion in the period a year earlier.
Yahoo! on Tuesday announced a quarterly net income decline of 38% to $158.5 million.
The company's 32% net income decline in 2006 was the first annual decline since the company was incorporated in 2002.
On Oct. 18, the company announced a net income decline of 12%, to $93.5 million, 18% below the consensus estimate for the fourth quarter.
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Net income declined 27percentto to 201 million euros.
The company's net income declined 37percentt last year.
Net income declined to $81 million, or 21 cents a share.
Net income declined to $1.11 million, or 1 cent a share, from $21.2 million, or 14 cents, a year earlier, the.
JDA announced on July 6 that second-quarter net income declined as much as 80percentt from a year earlier.
Nortel's net income declined to $133 million, from $528 million in the same quarter a year earlier.
Net income declined 64percentt at Mattel and tumbled 80percentt at Hasbro.
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