Earnings
Netflix Stock Jumps 37 Percent In 1 Day
Netflix stock is on its way to its biggest one-day gain since the video subscription service went public more than a decade ago.
Google Earnings Up In 4th Quarter Despite Motorola Drag
Google eked out slightly higher earnings in the fourth quarter, despite a financial drag caused by the Internet search leader’s expansion into device manufacturing and a decline in digital ad prices as more people gaze into the smaller screens of smartphones.
Wells Fargo Earnings Jump 25 Percent
Wells Fargo, the country’s biggest mortgage lender, said it earned a record $4.9 billion in the fourth quarter, up 25 percent from the same period a year before.
San Ramon-Based Chevron Expects 4Q Profit To Beat 3Q
Chevron Corp. expects fourth-quarter earnings to be “notably higher” than third-quarter profit. The company said Thursday that its fourth-quarter results will be helped by bigger gains on asset sales and more oil and gas production.
Oracle Quarterly Earnings Jump
Oracle says its latest quarterly earnings rose 18 percent as companies splurged on more software and other technology toward the end of the year.
SF-Based Gap Raises Outlook After Stronger 3Q
The San Francisco-based clothing retailer said stronger sales at its Banana Republic, Old Navy and namesake stores all contributed to the performance.
Netflix Gains 1.2M US Streamers In 3Q; Trims View
Netflix cut its prediction of how many video streaming subscribers it would add this year after its third-quarter additions of 1.2 million came in at the low end of the company’s forecasts.
Facebook Posts 3Q Loss, Revenue Jumps
Facebook is reporting a loss for its third quarter, though revenue rose by nearly a third. The results exceeded Wall Street’s expectations.
Yahoo’s 3Q Earnings, Revenue Top Street’s Forecast
Yahoo has ushered in Marissa Mayer as its new CEO with a third-quarter earnings report that topped analyst estimates.
Google Stock Plunges After Earnings Report Released Early By Mistake; Trading Halted
Trading was halted on Google stock after the price plunged Thursday, following the early release of Q3 earnings reports.


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