Electric car maker Tesla posts first profit

Tesla Motors said Wednesday it posted its first-ever quarterly profit as the electric carmaker beat its own forecasts and surprised market analysts.

SEC rule likely to trigger Facebook IPO in 2012

(AP) -- With so many investors becoming fans of the company, Facebook will be legally required to begin sharing more information about its finances and strategy by April 2012, according to documents distributed to prospective ...

China Mobile 1H profit rises to $9.6 billion

(AP) -- China Mobile Ltd., the world's biggest phone company by subscribers, said Thursday its first-half profit rose 6.3 percent as sales were boosted by greater usage of mobile Internet devices.

Taiwan's HTC expects 30 percent sales plunge in 1Q

Taiwan's leading smartphone maker HTC forecast Monday that its revenue in the three months to March may plunge 30 percent from a year ago, as competitors Apple and Samsung take their grip on the market.

Microalgae could be Texas' next big cash crop

Just as corn and peanuts stunned the world decades ago with their then-newly discovered multi-beneficial uses and applications, Texas AgriLife Research scientists in Corpus Christi think microalgae holds even more promise.

TSMC reports shrinking profit, revenue in 3Q

(AP) -- Taiwan Semiconductor Manufacturing Co., the world's largest contract chip maker, said Thursday its earnings dropped by more than a third in the latest quarter amid uncertainties about the global economy.

Electronic Arts lowers 2010 guidance as sales weak

(AP) -- Video game publisher Electronic Arts Inc. cut its full-year guidance on Monday, as ongoing weakness in its game disc sales didn't ease up over the holidays as the company had hoped.

IBM stumbles on 1Q sales dip; profit beats Street

(AP) -- IBM Corp.'s first-quarter results slipped as all its major business units suffered declines, but the company backed its bullish outlook for 2009 on Monday, reflecting its belief that a broad mix of services and software ...

Verizon posts 4Q loss on $3B in layoff costs

(AP) -- Verizon Communications Inc. on Tuesday posted an unusual loss for the fourth quarter, as a charge for layoffs in its shrinking landline business overshadowed the growing, and profitable, wireless business.

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