SAN FRANCISCO -- Tibco Software Inc. said late Thursday that its fiscal first-quarter profit rose slightly to $5.6 million, or 3 cents a share, from $5.5 million, or 3 cents a share, in the year-ago period. Excluding one-time items, the ...Read More
LOS ANGELES (Reuters) - MGM Mirage posted a quarterly profit only after a huge gain from selling a resort, but its shares rose 5 percent after the largest Las Vegas Strip casino operator said room cancellations were slowing. Excluding a gain ...Read More
LOS ANGELES (MarketWatch) -- MGM Mirage Inc. shares jumped more than 8% Monday evening after the casino operator posted an unexpected quarterly profit, while Chesapeake Energy Corp. shares slumped after the natural gas provider's adjusted earnings came in short of ...Read More
Exxon Mobil Corp.'s first-quarter profit plummeted to a five-year low because of shrunken oil prices and the global economic slowdown, but the company says it's on track to invest a record $29 billion in projects this year. The Irving-based oil giant's net ...Read More
* Q1 rev beat estimates by $10 mln * Raises share buyback program * Q1 adj shr beat estimates by 1 cent * Sees FY rev flat; Q2 rev flat to slightly down April 29 (Reuters) - Infrastructure software maker CitrixSystems Inc (CTXS.O) posted ...Read More
While Oraclespends big on Sun Microsystems, SAP is cutting back. The German business software maker displayed a stark difference in strategy to its American rival on Wednesday when it revealed the aggressive extent to which it had been cost cutting in ...Read More
* Q1 EPS excluding items $0.63, above Street's $0.59 view * Q1 rev $26.59 bln vs Reuters Estimates view $26.37 bln * Adds 1.3 mln wireless users vs 1.2 mln analyst view * Shares flat premarket NEW YORK, April 27 (Reuters) - Verizon Communications ...Read More
Industrial & Commercial Bank of China Ltd., the country's biggest commercial lender by assets, said Monday its quarterly profit rose 6 percent from a year earlier despite a double-digit fall in interest income. Profit for the three months ending March 31 ...Read More
There was little optimism in remarks by Microsoft (MSFT) executives when they reported fiscal third-quarter results on Apr. 23. Chipmaker Intel (INTC) had said the PC business had bottomed when it announced earnings on Apr. 14. A few days later, ...Read More
SAN FRANCISCO (Reuters) - Apple's (AAPL.O) quarterly profit soared past Wall Street expectations on strong sales of iPhones and iPods, underscoring the popularity of the company's relatively expensive products even in the midst of a weak economy. Known for giving conservative ...Read More
April 23 (Bloomberg) -- Hyundai Motor Co., South Korea’sbiggest automaker, posted its lowest quarterly profit in atleast seven years as the global recession discouraged peoplefrom buying vehicles. First-quarter net income fell 43 percent to 225 billion won($167 million) from 392.7 billion ...Read More
SEATTLE -- Strong sales of the iPhone helped Apple Inc. lift its quarterly profit 15 percent, well ahead of Wall Street's expectations Wednesday despite the global economic downturn. For the three months ended March 28, Apple's fiscal second-quarter earnings rose to ...Read More
Here is a roundup of news from Indian newspapers, news wires and Web sites on Tuesday, April 21. The Wall Street Journal has not verified these stories and does not vouch for their accuracy. Oracle-Sun deal to create a $1.5 bn ...Read More
The much-touted stock-market debut of Rosetta Stone Inc. is living up toits billing, with the language-software maker's initial public offering thefirst to price above its expected range in nearly a year and its shares onThursday rising more than 40% "Rosetta Stone ...Read More
NEW YORK (MarketWatch) -- The much-touted stock-market debut of Rosetta Stone Inc. is living up to its billing, with the language-software maker's initial public offering the first to price above its expected range in nearly a year and its shares ...Read More
CHICAGO, April 14 (Reuters) - Citigroup Inc (C.N) (C.N)option volume swelled on Tuesday as traders made bullish andbearish plays on the stock and adjusted positions ahead ofFriday's quarterly results and April options expiration. Citigroup was the top option name as about ...Read More
Of DOW JONES NEWSWIRES Bridgepoint Education Inc.'s initial public offering of 13.5 million shares priced at $10.50 a share Tuesday, well below the expected range of $14 to $16. Bridgepoint, which begins trading Wednesday on the New York Stock Exchange under the ...Read More
CHICAGO (Reuters) - Many investors on Wednesday appear eager to buy bullish call options in BlackBerry maker Research in Motion Ltd (RIM.TO) (RIMM.O), hoping its quarterly profit will be positive and send its shares above $50. RIM is set to report ...Read More
