News tagged with financial performance

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Groupon names Eric Lefkofsky as CEO

Groupon named co-founder Eric Lefkofsky as CEO, replacing Andrew Mason, who was fired from the online deals site in February amid growing concerns about its financial performance.

dateAug 07, 2013 in Business
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India's Wipro shares dive after business split

Shares in India's third-biggest software firm Wipro tumbled more than 11 percent on Tuesday, its first day of trading as a standalone IT company since it hived off other businesses into a separate unit.

dateApr 09, 2013 in Business
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LG Display posts profit but iPhone dims outlook

LG Display reported a $299 million profit for the fourth quarter Thursday thanks to mobile product launches by key customers including Apple Inc. but warned that earnings will decrease in the current quarter as demand for ...

dateJan 24, 2013 in Business
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