Posted by Reuters: Business News on January 31, 2012
SAN FRANCISCO (Reuters) – Amazon.com Inc warned of a possible operating loss in the first quarter following a sharp drop in fourth-quarter profit, a sign that the online retailer will keep spending heavily on expansion at the expense of short-term returns.
Posted by Reuters: Business News on December 15, 2011
(Reuters) – Morgan Stanley will cut 1,600 employees in the first quarter, the bank said on Thursday, as it trims costs in a difficult period for trading and banking revenue.
Posted by Reuters: Business News on October 24, 2011
(Reuters) – Netflix Inc warned of continued steep declines in DVD subscribers this quarter and said a costly expansion into Britain and Ireland would push it into the red in the first quarter, walloping its shares.
Posted by Reuters: Business News on August 18, 2011
HONG KONG (Reuters) – China’s Lenovo Group Ltd, the world’s No.3 PC brand, joined rivals in flagging concerns about the weak global economy and euro zone debt crisis, overshadowing a near doubling in first quarter profits.
Posted by Reuters: Business News on August 2, 2011
TOKYO (Reuters) – Toyota Motor Corp slumped to its first quarterly loss in two years after the March 11 disaster virtually halted production, and the Japanese auto giant warned the stronger yen was hobbling it in the battle against South Korean rivals.
Posted by Reuters: Business News on July 29, 2011
WASHINGTON (Reuters) – The U.S. economy came perilously close to flat-lining in the first quarter and grew at a meager 1.3 percent annual rate in the April-June period, leading economists to warn of recession if a stand-off over U.S. debt does not end quickly.
Posted by Reuters: Business News on
WASHINGTON (Reuters) – The U.S. economy came perilously close to flat-lining in the first quarter and grew at a meager 1.3 percent annual rate in the April-June period as consumer spending barely rose.
Posted by Reuters: Business News on
TOKYO (Reuters) – Japan’s biggest banks reported lackluster quarterly lending activity in the earthquake-ravaged economy, raising pressure on them to take more risks and find revenue sources overseas.
Posted by Reuters: Business News on June 24, 2011
WASHINGTON (Reuters) – Economic growth was revised modestly higher in the first quarter to account for a slightly faster pace of restocking by businesses and a smaller increase in imports, government data showed on Friday, but remained anemic.
Posted by Reuters: Business News on June 14, 2011
NEW YORK (Reuters) – Best Buy Co Inc’s sales promotions helped it win smartphone shoppers from its online and discount rivals and beat Wall Street estimates in its first quarter, sending shares up over 4 percent.
