Nokia sees drop in Q1 earnings, gives cautious outlook (Update)

Nokia reported Tuesday a first-quarter net loss of 513 million euros ($584 million) due to lower demand in mobile networks and a drop in overall revenue despite its acquisition of Alcatel-Lucent. It warned of a further decline ...

In first, streaming the top money maker in US

Streaming has become for the first time the top money-maker for the US recorded music business, but it has struggled to offset falling CD sales and downloads, industry data showed Tuesday.

BlackBerry misses Street 1Q Street forecasts

BlackBerry Ltd. reported worse-than-expected first-quarter financial results as phone sales continued their long slide, but software revenue increased as the company turns its focus away from hardware.

SK Hynix Q1 net profit up 61 percent on-year

South Korean chipmaker SK Hynix saw its net profit shoot up 61 percent on-year in the first quarter on strong demand for chips for new mobile devices, the company said Thursday.

Streaming revenue edges out CDs in US

Streaming has topped CD sales in revenue for the first time in the United States as music listeners flock to on-demand services and Internet radio, industry figures showed.

Johnson & Johnson tops 4Q earnings expectations

The strong dollar and stiff competition for some products squeezed Johnson & Johnson in the fourth quarter and it missed Wall Street expectations for revenue, triggering a rare sell-off of its shares.

News Corp fiscal 2Q earns top expectations

News Corp., the publishing company controlled by Rupert Murdoch, reported second-quarter earnings that exceeded Wall Street forecasts while revenue declined as expected, reflecting slower advertising sales.

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