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Online retail giant posts decline in profit margins as the cost of discounting overshadowed a robust rise in earnings and a bullish 2008 sales view above the Street's expectations. Shares plummet 11 percent.
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Internet search company delivers 2008 revenue forecast that disappoints Street and profit more than 23 percent lower than in the same period a year ago. It also outlines the company's plan to cut about 1,000 jobs. See also: Yahoo: Bracing for Bad
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A report of 79 percent profit growth and an upbeat outlook soothe troubled market.
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AT&T reports fourth-quarter profit of $3.1 billion, or 51 cents per share, compared with $1.9 billion, or 50 cents a share, a year earlier, saying it ended 2007 with about 2 million subscribers on iPhones.
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New York-based Sirius, reporting a smaller loss in the quarter on better-than-expected subscriber growth, says it continues to benefit from its exclusive broadcast of shock jock Howard Stern.
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The software beast lifts its full-year guidance and posts a 23 percent rise in profit, topping investor expectations on strong demand for Windows Vista and "Halo 3." Shares rocket 11 percent.
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Demand for cheap handsets boosts the bottom line for the world's largest maker of mobile phones, pushing earnings above analyst forecasts. Shares are up 70 percent for the year.
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Search king reports net income of $1.07 billion on revenue of $4.23 billion, beating analyst expectations.
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With a stratospheric share price that's blown past the $600 mark, Google has analysts wondering just where the search king will go next as it prepares to report earnings.
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Games maker reports a third-quarter net loss smaller than previously forecast. Shares jump 4.6 percent to $16.47 in after-hours trading on the Nasdaq.
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