Tesla CEO Elon Musk: Company Unlikely To Turn A Profit Until 2020Musk said he expects the company to turn a profit after it brings the lower-cost Model 3 to market.
Bay Area Bryman For-Profit Colleges Close With Little Notice To StudentsBryman 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.
Gilead Profit Soars Into The Billions, Fueled By Hepatitis C Drug That Costs $1,000 Per PillThe 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.
San Ramon-Based Chevron Sees Income Slip After Production DecreaseChevron 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.
LinkedIn Posts 1st Quarter Loss As Investment Expenses RiseLinkedIn (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.
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.
Pleasanton-Based Safeway In Talks Over Possible Sale Of CompanyThe 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.
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.
Facebook Earnings Jump; Mobile Ad Revenue Eclipses DesktopFacebook'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.
Apple 1st Quarter Results Fall Short Of Expectations; Stock DropsApple's holiday season proved to be a disappointment even though the company sold a record number of iPhones and iPads during its latest quarter.
Pandora Posts 3Q Loss, Revenue Up 50 PercentShares 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.
Gap Offers Upbeat 3rd Quarter Profit OutlookGap Inc. offered an upbeat profit outlook for its third quarter as the clothing chain announced a solid October increase for a key sales yardstick that surpassed analysts' expectations.