Apple plans to buy back an additional $30 billion of its stock, raise its quarterly dividend by 8 percent and split its stock for the first time in nine years.
LinkedIn finished last year with a solid financial performance, but the online professional networking service rattled already jittery investors with a forecast indicating that its growth is slowing more than investors envisioned.
Facebook’s quarterly earnings and revenue grew and surpassed expectations as the company expanded the number of users and the amount of money it makes on mobile ads.
Yahoo’s latest quarterly report shows CEO Marissa Mayer is still having trouble bringing in more revenue as online advertisers spend more money at Google, Facebook and other rivals.
Apple’s stock was tumbling in morning trading Tuesday, hurt by a lackluster first-quarter performance and a cautious second-quarter revenue outlook.
Apple’s holiday season proved to be a disappointment even though the company sold a record number of iPhones and iPads during its latest quarter.
EBay is reporting higher earnings and revenue for the last three months of 2013, driven by a strong holiday season for its e-commerce site and PayPal.
Apple’s latest quarterly earnings fell 9 percent as more people bought the company’s lower-priced iPhones and iPads.
EBay’s third-quarter earnings edged past analysts’ expectations, but revenue rose just short of estimates. The company’s profit and revenue outlook for the current quarter through December was also weaker than expected.
Intel said Tuesday that its third-quarter net income was unchanged, stymied by a continued slump in global PC demand.