EBay CEO cites 'uncertainty' for weak 4Q outlook

EBay said the growth rate of e-commerce in the United States is slowing as it delivered a weaker than expected profit and revenue outlook for the current quarter through December. The company's third-quarter earnings edged ...

Taiwan's Hon Hai set to spin off units

Taiwan's Hon Hai Precision said Wednesday it plans to spin off some units as its founder unveiled measures to battle global sluggishness and falling share prices.

India's Wipro shares slump 11% on weak forecast

Shares of Wipro, India's third-largest software firm, slumped as much as 11 percent intraday Monday after it projected weak revenue growth last week owing to global uncertainty.

India's TCS reports 22% rise in quarterly profit

India's biggest IT outsourcing firm, Tata Consultancy Services, on Wednesday reported a 22 percent jump in quarterly net profit, in line with market forecasts, led by stronger outsourcing orders.

3Qs: Expert weighs in on how to play a bull market

The Dow Jones industrial average reached a record high on Tuesday and continued rising throughout the week, erasing all of the losses suffered in the Great Recession of 2008–2009. But many investors have ignored the stunning ...

Groupon hammered after fresh losses

Groupon shares took a nosedive Wednesday after the online deals giant surprised markets by reporting fresh losses in the past quarter and a weaker-than-expected outlook.

2013 economic outlook for global chemical industry

The 2013 outlook for the global chemical industry—a $3 trillion enterprise that impacts virtually every other sector of the economy—is the topic of the cover story in this week's edition of Chemical & Engineering News. ...

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