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Profits were lower than expected by analysts.
Ford's fourth-quarter profits were flat, while Chrysler's profits were lower.
D. Mr. Kumar said he would return the shares and cash because he realized that the company's real profits were lower than it reported.
Word that Adecco's first-half profits were lower than expected chopped 14percentt off its share price; Serono shares fell 19percentt after the company lowered its forecast of earnings growth to 10percentt from the mid- to high teens.
Premier Foods has said sales and profits were lower than expected in the second quarter after the exceptionally hot weather in September dampened customers' appetite for gravy and desserts.
Shares in BP rose 5.3p, or 1.4%, to 392.65p following the announcement of its second-quarter results, despite the loss and the company reporting that underlying profits were lower than expected.
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"Our profits are lower than those of many other sectors, including pharmaceutical companies, device manufacturers and many hospitals".
The slowdown in Typhoon production and a writedown on the value of the Williamstown shipyard will means BAE's profits are lower than expected.
After two years of poor results, Reed Elsevier, the British-Dutch publisher that owns Lexis-Nexis and Variety, said it would meet its full-year earnings forecasts after a fall in first-half profits was lower than expected.
Here is an easy way to test whether something is core: If it were eradicated today, would profits be lower a year from now, despite efforts to work around what's missing?
The aggregate tax paid by non-financial firms under Mr Obama, at an annual average rate of 25% of pre-tax profits, is lower than the 32% paid under the Gipper.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com