Posted by Reuters: Business News on January 19, 2012
SAN FRANCISCO (Reuters) – Google Inc’s quarterly results fell short of Wall Street’s heightened expectations for the holiday season as Europe’s economic malaise weighed, triggering a 9 percent slide in its shares.
Posted by Reuters: Business News on
(Reuters) – Eastman Kodak Co, which invented the hand-held camera and helped bring the world the first pictures from the moon, has filed for bankruptcy protection, capping a prolonged plunge for one of America’s best-known companies.
Posted by Reuters: Business News on January 9, 2012
(Reuters) – Alcoa Inc posted a fourth quarter loss due to a steep plunge in aluminum prices, but its revenue beat expectations and the company gave a positive outlook for global demand for the metal, especially in the aerospace and automotive markets.
Posted by Reuters: Business News on December 21, 2011
(Reuters) – Oracle Corp’s earnings fell short of Wall Street’s forecasts for the first time in a decade as software and hardware sales sputtered, sending its shares down more than 10 percent and stoking fears a global recession will hurt tech spending.
Posted by Reuters: Business News on November 16, 2011
SAN FRANCISCO (Reuters) – Rambus Inc was dealt a major defeat on Wednesday as a jury rejected its claims in a $4 billion antitrust lawsuit against Micron Technology Inc and Hynix Semiconductor Inc, a decision that wiped out almost two-thirds of its market value.
Posted by Reuters: Business News on November 9, 2011
(Reuters) – Keurig coffee machine maker Green Mountain Coffee Roasters , missed Wall Street’s quarterly revenue estimates, knocking 30 percent off the value of its stock at a time when an influential short seller is questioning the company’s business practices.
Posted by Reuters: Business News on October 3, 2011
NEW YORK (Reuters) – World stocks fell to a 15-month low and the euro tumbled to its weakest level against the yen in more than a decade on Monday as growing expectation of a Greek default increased fears of another global recession.
Posted by Reuters: Business News on September 22, 2011
NEW YORK (Reuters) – Stocks plunged on Thursday, extending a selloff to four days, as policymakers’ failure to arrest global economic stagnation sent markets spiraling downward.
Posted by Reuters: Business News on September 1, 2011
DETROIT (Reuters) – Major automakers posted double-digit U.S. sales gains for August, a steady result for a month that began with a plunge on Wall Street and ended with a hurricane shutting down the East Coast.
Posted by Reuters: Business News on
DETROIT (Reuters) – Major automakers posted double-digit U.S. sales gains for August from year-earlier levels, a steady result for a month that began with a plunge on Wall Street and ended with a hurricane shutting down the East Coast.
