Cisco, the world’s largest maker of computer networking equipment, says its net income jumped 44 percent in the latest quarter as it continues to put last year’s slump behind it.
Clorox Co.’s net income plummeted nearly 40 percent in the fiscal first quarter, largely because last year’s period included the benefit of selling a unit.
Discount broker Charles Schwab Corp. said Monday its third-quarter net income rose 77 percent as more investors turned to the company’s advisory services amid increased market volatility and stock trading increased.
SAN JOSE (CBS/AP) – Cisco Systems may have provided the battered stock market with some balm. The world’s largest maker of computer-networking equipment fared better than analysts anticipated in its latest quarter. The technology bellwether’s […]
Charles Schwab Co. says its second-quarter income rose 16 percent as a gain in asset management fees helped offset a decline in trading revenue…
This week’s passage of the state budget dealt another $150 million blow to the University of California system, which will likely be made up via higher students’ fees. However, that’s not the only looming problem that may require students to dig deeper into their wallets.
Hewlett-Packard Co. cut its full-year outlook Tuesday, citing a trifecta of woes that include the earthquake in Japan, soft PC sales and weakening performance in its crucial tech services business.
Chevron reported first-quarter earnings rose 36 percent. The company received higher prices for the oil it produced, and also made more money from refining oil.
Safeway reported a tax charge related to a plan to pay down its U.S. debt drove down its first-quarter net income by 74 percent.
Advanced Micro Devices Inc. said its net income nearly doubled in the first quarter as the computer industry benefits from strong corporate demand.