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
(Reuters) – Exxon Mobil Corp’s fourth-quarter profit narrowly beat Wall Street’s expectations as rising crude oil prices offset falling margins for chemicals, engine lubricants and fuel.
Posted by Reuters: Business News on January 27, 2012
(Reuters) – Ford Motor Co reported a lower-than-expected fourth-quarter profit on Friday as commodity costs shot up and results from operations outside North America fell short of expectations.
Posted by Reuters: Business News on
Jan 27 (Reuters) – Ford Motor Co reported a lower-than-expected fourth-quarter profit on Friday as commodity costs shot up and results from operations outside North America fell short of expectations.
Posted by Reuters: Business News on January 25, 2012
STOCKHOLM (Reuters) – World No.1 mobile network gear maker Ericsson missed fourth-quarter profit forecasts, hit by lower demand from the United States and Russia, and said weak margins and cautiousness from its operator clients would continue in the short term.
Posted by Reuters: Business News on January 19, 2012
(Reuters) – Bank of America Corp reported a fourth-quarter profit, reversing a year-earlier loss, boosted by one-time items and lower expenses for bad loans.
Posted by Reuters: Business News on January 18, 2012
SAN FRANCISCO (Reuters) – EBay Inc’s fourth-quarter profit jumped as the e-commerce company saw solid growth in its online marketplaces and an increase in transactions processed through its PayPal electronic payments business.
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(Reuters) – Goldman Sachs Group Inc’s fourth-quarter profit fell 56 percent as trading and investment banking revenue plunged, but the bank managed to beat analysts’ expectations through cost cutting and lower taxes.
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(Reuters) – Goldman Sachs Group Inc’s profit fell 56 percent in the fourth quarter but easily beat analysts’ estimates during a weak period for investment banking revenue.
Posted by Reuters: Business News on January 17, 2012
(Reuters) – Citigroup Inc fourth-quarter profit fell 11 percent and missed Wall Street estimates as the European debt crisis battered capital markets, hurting trading revenue and discouraging clients from doing deals.
