Related topics: wall street

Game maker Zynga stock tanks after weak 2Q report

(AP) — Zynga Inc. lost money and received less revenue than anticipated in the second quarter because "CityVille," ''FarmVille" and other games are not attracting as many paying players as they should.

Apple profit jumps to $8.8 bn, but below forecasts

Apple on Tuesday reported a rise in its quarterly profit to $8.8 billion on hot iPad sales but missed lofty Wall Street expectations due, in part, to iPhone lovers waiting for a rumored new model.

Dish profit down 34 pct, but adds subscribers

(AP) -- Satellite TV provider Dish Network Corp. said Monday that it added subscribers in the first quarter, but net income dropped 34 percent and revenue growth fell short of Wall Street expectations.

BlackBerry maker to focus on business customers (Update)

(AP) -- Struggling BlackBerry maker Research in Motion Ltd. said Thursday that it plans to return its focus to its corporate customers after failing to compete with flashier, consumer-oriented phones such as Apple's iPhone ...

Corning's 3Q profit rises 3 percent

(AP) -- Specialty glass maker Corning Inc. said Wednesday its profit rose 3 percent in the third quarter, lifted by surging sales of glass for flat-panel televisions and optical fiber.

News Corp. board backs Murdoch after hacking scandal

Rupert Murdoch claimed boardroom backing Wednesday to remain at the helm of News Corp. as he worked to shift attention from the phone-hacking scandal to his media behemoth's healthy bottom line.

HP cuts outlook on services revamp, slow PC sales

(AP) -- Hewlett-Packard Co. is bracing for weaker financial results this year as it overhauls its services business to undo what its CEO described as years of neglect under his predecessor.

Analysts see more growth ahead for Amazon

(AP) -- Low prices, solid customer service and an increasing willingness by consumers to spend on discretionary items contributed to Amazon.com Inc.'s solid third quarter, and the growth should continue despite weakness ...

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