IBM posts higher 4Q net income (Update)

IBM's fourth-quarter net income grew 6 percent, surpassing Wall Street's expectations even though revenue fell. Its shares fell in extended trading after the results came out—and CEO Ginni Rometty said she's recommending ...

Intel 4Q net income rises 6 pct (Update)

Intel's fourth-quarter net income rose 6 percent, as the company offset flat demand for its personal computer chips with higher sales of other products.

Cisco's 1Q revenue falls below estimates

Cisco's fiscal first-quarter revenue grew slower than expected and net income declined, which sent the technology company's stock lower in extended trading.

Facebook 3Q results fly past expectations

Concerns about Facebook's ability to keep young teens coming back every day spooked some investors, even though the company's latest quarterly results showed continued strength in mobile advertising and beat Wall Street's ...

India's Wipro shares tumble as revenue lags

Shares in India's third largest IT outsourcer Wipro slumped more than eight percent on Wednesday, a day after it announced modest revenue growth that lagged rivals, analysts said.

Texas Instruments 3Q profit drops, outlook weak

Chipmaker Texas Instruments Inc. said Monday that its net income fell 20 percent in the third quarter. Its outlook for the current period was worse than analysts expected, and shares slipped.

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 ...

Facebook's 'mobile first' strategy pays off on Wall Street

Just one year ago, the world's largest social network was in Wall Street's doghouse. Facebook Inc.'s highly touted stock market debut had fizzled, and the company's share price was spiraling lower and lower, as critics charged ...

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