Wall Street punishes BlackBerry, Facebook
Facebook and BlackBerry lost ground on Wall Street Thursday as investors gave a cool reception to earnings at social network Facebook and the Canadian firm's launch of a new smartphone platform.
Facebook and BlackBerry lost ground on Wall Street Thursday as investors gave a cool reception to earnings at social network Facebook and the Canadian firm's launch of a new smartphone platform.
Yahoo! shares bounced in after-hours trading Monday as the struggling Internet pioneer topped Wall Street expectations despite a slip in quarterly profit.
(AP)—Yahoo ushered in Marissa Mayer as its new CEO with a third-quarter earnings report that topped analyst estimates.
IBM's revenue slipped below Wall Street's expectations in the third quarter as the technology company dealt with jittery customers and a weakening euro that undercut its results. Despite the problems posed by the wobbly economy, ...
(AP)—Oracle's earnings matched analyst estimates in the latest quarter, but a revenue decline signaled the business software maker is having a tougher time closing deals.
Groupon became the latest company to report quarterly earnings, and its revenue growth fell short of analyst estimates.
(AP) -- Viacom Inc., the owner of Paramount Pictures, MTV and Comedy Central, on Thursday posted a 65 percent drop in net income for the latest quarter, as it took a charge related to the "Rock Band" series ...
The iPhone is taking over Apple. For the first time, the device that changed how people use mobile phones, accounts for more than half of the behemoth company's sales.
(AP) -- Texas Instruments plans to close computer-chip factories in Houston and Japan in a cost-cutting move that will lay off about 1,000 workers.
Oracle's quarterly earnings missed analyst estimates as the business software maker struggled to close deals, signaling possible trouble ahead for the technology sector.
(AP) -- Cisco Systems Inc., the world's largest maker of computer networking gear, is showing signs of pulling a turnaround, exceeding analyst sales expectations for the second quarter in a row.
(AP) -- Microsoft's Windows franchise regained some of its vigor during the company's latest quarter, but that might not be enough to overcome the perception that the world's largest software maker is being ...
(AP) -- Dell Inc. said Tuesday that its net income for the latest quarter nearly tripled as the personal computer maker benefited from lower computer component costs and growth in some of its more profitable product lines.
(AP) -- Qualcomm Inc. said Wednesday that earnings in the latest quarter surged 39 percent, driven by a growing worldwide embrace of smart phones and a shift to high-speed data networks.
(AP) -- Even in a tough economy, increasing profits can be easy: Just cut costs enough and the bottom line keeps improving. But companies can only do that for so long.