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Profit

Bryman College (CBS)

Bay Area Bryman For-Profit Colleges Close With Little Notice To Students

Bryman College Monday closed BioHealth College in San Jose and its other for-profit colleges in Hayward, Los Angeles, San Francisco and San Jose, according to the California Bureau of Private Postsecondary Education.

2 hours ago

Sovaldi

Gilead Profit Soars Into The Billions, Fueled By Hepatitis C Drug That Costs $1,000 Per Pill

The maker of a hepatitis C drug that costs about $1,000 per pill on Wednesday delivered a quarterly earnings report that shattered expectations, showing the company tripled its profit which is now in the billions.

07/23/2014

A Chevron sign at a Bay Area gas station. (CBS)

San Ramon-Based Chevron Sees Income Slip After Production Decrease

Chevron Corp. says its net income fell 27 percent in the first quarter because of lower global oil prices and decreased production of oil as a result of bad weather.

05/02/2014

A sign outside LinkedIn headquarters in Mountain View. (Justin Sullivan/Getty Images)

LinkedIn Posts 1st Quarter Loss As Investment Expenses Rise

LinkedIn (LNKD) suffered a first-quarter loss as the online professional networking service ramped up its investments in projects aimed at attracting more users on the lookout for better jobs and career advice.

05/01/2014

A view of and Apple iPhone displaying the Facebook app's splash screen May 10, 2012 in Washington, DC. Social-networking giant Facebook will go public on the NASDAQ May 18 with its initial public offering, trading under the symbol FB, in an effort to raise $10.6 billion. (Brenden Smialowski/AFP/GettyImages)

Big Jump In Ad Revenue Powers Strong Earnings Report From Facebook

Facebook’s first-quarter earnings and revenue grew sharply, surpassing Wall Street’s expectations thanks to an 82 percent increase in advertising revenue.

04/23/2014

A Safeway supermarket in San Francisco, California. (Justin Sullivan/Getty Images)

Pleasanton-Based Safeway In Talks Over Possible Sale Of Company

The Pleasanton-based supermarket operator says that discussions are ongoing but that it hasn’t yet reached an agreement. It added that it isn’t certain that the talks will end in a deal.

02/19/2014

Twitter users, including actor Patrick Stewart (R), rings the opening bell at the New York Stock Exchange (NYSE) while also celebrating Twitter's IPO on November 7, 2013 in New York City. Twitter went public November 7, on the NYSE selling at a market price of $45.10, with the initial price being set at $26 on November 6. (Photo by Andrew Burton/Getty Images)

Twitter Stock Slides Despite Beating Wall Street Guidance

Twitter beat Wall Street’s earnings and revenue expectations in its first quarter as a public company. But investors were looking for even more and the company’s stock dipped as much as 12 percent in after-hours trading Wednesday.

02/05/2014

A view of and Apple iPhone displaying the Facebook app's splash screen May 10, 2012 in Washington, DC. Social-networking giant Facebook will go public on the NASDAQ May 18 with its initial public offering, trading under the symbol FB, in an effort to raise $10.6 billion. (Brenden Smialowski/AFP/GettyImages)

Facebook Earnings Jump; Mobile Ad Revenue Eclipses Desktop

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.

01/29/2014

A man uses his phone as he walks past an Apple store in Hong Kong on December 25, 2013. (credit: ANTHONY WALLACE/AFP/Getty Images)

Apple 1st Quarter Results Fall Short Of Expectations; Stock Drops

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.

01/27/2014

Traders on the floor of the New York Stock Exchange walk wear an insignia for Pandora Media Inc., the online-radio company, on its first day of trading as a public company on June 15, 2011 in New York City. (Spencer Platt/Getty Images)

Pandora Posts 3Q Loss, Revenue Up 50 Percent

Shares of Pandora Media Inc. are dropping after the Internet radio leader’s outlook for the three months through January was mostly short of Wall Street’s forecast.

11/21/2013

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