Forecast
Winter Storm Brought Rain, Snow To Northern California
A winter storm hit Northern California on Tuesday, bringing with it chilly temperatures, rain and snow as low as 1,500 feet.
Small Tablet Sales Forecasted To Double As New iPad Expected To Be Unveiled
A research group is forecasting that sales of smaller tablets will double this year with the expected announcement of a mini iPad on Tuesday.
Zynga Stock Sinks After Lowered 2012 Outlook
Troubled Zynga’s stock is trading near its lowest level ever Friday after the online game maker behind “FarmVille” forecast a third quarter loss amid weak demand for its Web-based games. It’s also taking a hefty charge related to its March acquisition of mobile game company OMGPop.
Hewlett-Packard Stock Dives After CEO Warns Of Earnings Slump
Hewlett-Packard CEO Meg Whitman expects the technology company’s earnings to fall during the next year as she struggles to fix a wide range of problems in a weakening economy.
Oracle 1st Quarter Earnings Rise; Revenue Disappoints
Oracle’s earnings matched analyst estimates in the latest quarter, but a revenue decline signaled the business software maker is having a tougher time closing deals.
Intel Cuts 3rd Quarter Revenue Outlook
Intel is cutting its third-quarter revenue forecast due to softer-than-expected demand amid difficult economic conditions.
As Heat Wave Lingers, Friday Declared Spare-The-Air Day
The Bay Area Air Quality Management District has issued another Spare the Air alert for the region for Friday.
Intel 2Q Earnings Fall Amid Economic Headwinds
Intel, the world’s largest chipmaker, says the weak global economy is slowing its growth, and revenue for the current quarter is likely to come in below Wall Street expectations.
California Teacher Retirement Fund Lowers Investment Projections
The board overseeing California’s teacher pension system has lowered the fund’s investment forecast for the second time in 14 months.
Apple’s 4th Quarter Earnings Disappoint
Apple Inc. failed to set a new sales record in the last three months of founder and CEO Steve Jobs’ life. Its financial results came in below expectations on Tuesday – a rare miss for the company.
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