News tagged with company earnings
Groupon fails to turn profit as revenue grows
Daily deals site Groupon on Wednesday issued its first earnings report as a publicly traded company, saying it failed to turn a profit despite revenue nearly tripling from a year earlier.
Feb 08, 2012 |
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Sony's Hirai to replace Stringer as CEO in April
(AP) -- Sony Corp. announced Wednesday that Kazuo Hirai, who leads the company's core consumer products business, will replace Howard Stringer as CEO and president effective April 1, as the electronics and ...
Feb 01, 2012 |
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Apple shares soar, edges ExxonMobil in market cap
Apple shares soared on Wednesday following blockbuster quarterly earnings and the California gadget-maker leapfrogged over ExxonMobil to become the largest US company in terms of market value.
Jan 25, 2012 |
1 / 5 (4) |
2
IBM 4Q earnings beat estimates, revenue falls shy (Update)
IBM Corp.'s fourth-quarter earnings handily beat Wall Street's expectations on Thursday, helped by higher revenue and profit margins in the technology icon's lucrative software and services segments.
Jan 19, 2012 |
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US travel site TripAdvisor hits market with thud
Shares of popular travel ratings website TripAdvisor sank about five percent on their first day trading publicly Wednesday, as US investors remained skittish about new tech listings.
Dec 21, 2011 |
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Lam Research buying Novellus Systems in $3.3B deal
Semiconductor equipment maker Lam Research Corp. is buying rival Novellus Systems Inc. for $3.3 billion in stock, the companies announced Wednesday.
Dec 15, 2011 |
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Wind turbine maker's shares tumble on profit alert
Shares in Danish company Vestas, the world leader in the wind turbine industry, plunged by 20 percent on Monday after the company issued a full-year profit warning over delays on several projects.
Oct 31, 2011 |
5 / 5 (1) |
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In rare miss, Apple 4Q earnings disappoint (Update)
Apple, the juggernaut of consumer electronics, stumbled in its latest quarter, as the later-than-usual launch of the new iPhone held back sales.
Oct 18, 2011 |
5 / 5 (2) |
1
After Apple's fall, is it time to buy or sell?
(AP) -- Should you buy or sell Apple?
Aug 26, 2011 |
1 / 5 (2) |
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Pay TV industry loses record number of subscribers
(AP) -- The weak economy is hitting Americans where they spend a lot of their free time: at the TV set.
Aug 10, 2011 |
4.8 / 5 (5) |
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New York Times suffers quarterly loss
The New York Times Company said Thursday it lost $120 million in the second quarter, as income from digital subscriptions failed to make up for a steep write-down of its print newspaper assets.
Jul 21, 2011 |
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Dutch parliament approves mobile 'net neutrality'
(AP) -- The Dutch parliament approved a bill Wednesday forcing mobile Internet providers to let customers use Skype and other rival services on their networks without charging extra or giving preferential treatment to their ...
Jun 22, 2011 |
5 / 5 (1) |
1
HP cuts outlook on services revamp, slow PC sales
(AP) -- Hewlett-Packard Co. is bracing for weaker financial results this year as it overhauls its services business to undo what its CEO described as years of neglect under his predecessor.
May 17, 2011 |
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Deutsche Telekom profit down 37 pct to $696 mln
(AP) -- German telecommunications company Deutsche Telekom AG saw net profits fall 37 percent in the first quarter as it lost mobile phone customers in the U.S. and its business suffered in crisis-stricken Greece.
May 06, 2011 |
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Tech leaders optimistic for industry turnaround
Many technology companies made it through the recent recession by cutting costs as sales declined to keep their profits up. But a wave of upbeat earnings reports in recent weeks has made it clear that Big Tech is seeing a ...
May 21, 2010 |
4.5 / 5 (2) |
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