Viacom 4Q earnings up 13 pct despite revenue drop
(AP)—Viacom says net income grew 13 percent in the most recent quarter even as revenue fell more than Wall Street expected with the lack of a strong theatrical release.
(AP)—Viacom says net income grew 13 percent in the most recent quarter even as revenue fell more than Wall Street expected with the lack of a strong theatrical release.
BlackBerry users will be able to make free voice calls over a Wi-Fi network using the popular BBM messaging service.
Cisco Systems Inc., the world's largest maker of computer networking gear, said Tuesday that U.S. companies are starting to spend again, helping Cisco find more solid footing after some shaky months early this year.
Struggling social games pioneer Zynga on Tuesday announced a shake-up of its management team as its chief financial officer left to take a job at Facebook.
Groupon shares plunged to their lowest level since the online deals giant went public a year ago, as analysts offered a harsh response to a disappointing earnings report.
Taiwan's Foxconn has admitted that it cannot meet strong demand for Apple's new iPhone 5 due to difficulties in building the gadget, as investors grow concerned about the US giant's future earnings.
Apple Inc. paid an income tax rate of only 1.9 percent on its earnings outside the U.S. in its latest fiscal year, a regulatory filing by the company shows.
LinkedIn Corp. outpaced Wall Street's expectations with its third-quarter results, solidifying its status as an investor favorite at a time when other Internet companies have fallen from grace.
(AP)—India's Wipro will separate its core information technology business from its consumer care and lighting, infrastructure engineering and medical diagnostics businesses, the company said Thursday.
(AP)—Amazon's stock is falling after the world's largest online retailer reported third-quarter results below Wall Street's expectations, including a large loss that was weighed by its stake in online deals service LivingSocial.
(AP)—A run of encouraging corporate earnings statements ahead of a report from Apple shored up sentiment in financial markets Thursday.
(AP)—Facebook finally has proof that it can make money from mobile advertising.
Just weeks after its momentous launch of the iPhone 5, Apple is back with what is expected to be another hot gadget— a "mini" version of its market-leading iPad tablet.
(AP)—Yahoo Inc. said it will close its South Korean web portal and an Internet advertising business, cutting its losses in a market where it has struggled for over a decade.
As far as unpleasant surprises go, Google hit Wall Street with a double whammy Thursday.