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 is cutting its third-quarter revenue forecast due to softer-than-expected demand amid difficult economic conditions.
The Bay Area Air Quality Management District has issued another Spare the Air alert for the region for Friday.
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.
The board overseeing California’s teacher pension system has lowered the fund’s investment forecast for the second time in 14 months.
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.
Skies have turned gray over the Bay Area, and rainfall was expected for the next few days as a storm system from the Gulf of Alaska passes through the region.
Stronger spending on business software helped Oracle’s quarterly profit jump 36 percent, but the company’s server business continued to deteriorate, which the company said is happening because it is shedding lower-margin deals.
LOS GATOS (CBS/AP) — Netflix has lowered its U.S. subscriber expectations for the third quarter because of customer losses relating to a split of its DVD and streaming options. The company, which separated its streaming […]
Spansion Inc., the maker of memory chips, on Tuesday lowered its revenue forecast for the current quarter, saying demand from makers of cellphones and consumer electronics were weak.