News tagged with earnings growth

Oracle shares fall on weak 3rd-quarter report (Update)

Oracle Corp. on Wednesday reported flat earnings for its fiscal third quarter, hurt by a continued drop in sales of hardware systems and a surprise decline in sales of new software—which the company attributed to a lackluster ...

Mar 20, 2013
not rated yet 0

Struggling Groupon ousts CEO Andrew Mason (Update)

Struggling online deals pioneer Groupon has ousted its quirky founder and CEO Andrew Mason amid worries that people are tiring of the myriad of online restaurant, spa and Botox deals that Groupon built its ...

Feb 28, 2013
not rated yet 1

Wipro profits up 18 pct on strong demand

Wipro reported an 18 percent rise in December quarter profits Friday, beating expectations as global cost-cutting drives global businesses to Indian outsourcing companies.

Jan 18, 2013
not rated yet 0

Samsung sees record-high 4Q profit

Samsung Electronics Co., the world's largest technology company by revenue, expects record earnings for the fourth quarter of 2012 as shoppers continued to snap up its smartphones and tablets.

Jan 08, 2013
4.5 / 5 (2) 0

Why Facebook still doesn't look cheap

(AP) -- If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days.

May 22, 2012
5 / 5 (2) 0

Apple's pipeline: What's coming next

The most common refrain on Thursday among Apple Inc. investors and analysts was that the resignation of Chief Executive Steve Jobs should not affect the company's pipeline of products that are expected to drive strong earnings ...

Aug 26, 2011
not rated yet 0