KPN posts fourth quarter loss; to issue new shares

Royal KPN NV, the largest telecommunications company in the Netherlands, said Tuesday it plans to issue €4 billion ($5.4 billion) in new shares to regain financial stability after a bad year that finished with the company ...

Verizon Communications 4Q loss widens

Verizon Communications' fourth-quarter loss widened, dragged down by restructuring, pension and Superstorm Sandy costs. The company activated a record number of new devices on its contract-based plans during the period.

US probes HP's Autonomy fraud allegations

US authorities are probing allegations by Hewlett-Packard that a British software firm it bought out had fraudulent accounts, the US tech giant said in its annual report released Thursday.

Zynga stock sinks after lowered 2012 outlook

(AP)—Troubled Zynga's stock is trading near its lowest level ever Friday after the online game maker behind "FarmVille" forecast a third quarter loss amid weak demand for its Web-based games. It's also taking a hefty charge ...

Microsoft reports first loss as public company

Microsoft posted its first quarterly loss in its 26 years as a public company on Thursday as it declared a struggling online ad business a bust and prepared for one of the biggest product updates in its history.

Eastman Kodak 1Q loss widens

(AP) -- Eastman Kodak Co. said Friday that its first-quarter loss widened on hefty charges related to its reorganization under bankruptcy protection and a drop in sales.

Netflix's 1Q tops forecasts, stock still plummets (Update)

(AP) -- Netflix's comeback from a customer backlash accelerated during the first quarter, but the recovery wasn't impressive enough to ease more pressing concerns about the Internet video subscription service's ability to ...

Taiwan's HTC says first quarter profit down 70%

Taiwan's top smartphone maker HTC said Friday net profit in the first three months of the year plummeted 70 percent, to the lowest since 2006, owing to falling demand.

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