Washington Mutual Inc.'s stock momentarily shuddered Tuesday after a wire service reported as new an earnings warning that merely reiterated what the company had said a month before.

Reuters quoted Washington Mutual's chief financial officer, William A. Longbrake, as saying Tuesday, "We've encouraged analysts to be somewhat more conservative in their outlook for the rest of 1998."

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.