Quarterly report
Facebook Earnings, Revenue Grow 38 Percent In 1st Quarter
Facebook says its net income and revenue grew in the first quarter of the year, helped by an increase in mobile ad revenue.
Safeway Misses Revenue Mark; Shares Plunge
Lower than expected revenue growth disappointed investor and shares fell sharply Thursday.
Oracle Stock Plunges After Earnings Miss
Shares of Oracle plummeted in Thursday trading a day after the enterprise software giant reported earnings that missed analysts’ expectations by a wide margin.
Lower Production, Prices Hurt Chevron 3Q Profit
Chevron says its third-quarter net income fell 33 percent as production declined and it sold oil and gas at lower prices.
Intel Cuts 3rd Quarter Revenue Outlook
Intel is cutting its third-quarter revenue forecast due to softer-than-expected demand amid difficult economic conditions.
Hewlett-Packard Reports $8.9 Billion Loss; Biggest In Company History
Hewlett-Packard says it suffered an $8.9 billion loss during its most recent quarter as the technology company accounted for an acquisition that hasn’t panned out the way management envisioned.
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.
Increased Credit Card Use Spurs Higher Visa Quarterly Profit
Visa Inc. said Wednesday that its fiscal first-quarter profit rose 16 percent, as card use rose both in the U.S. and overseas.
Apple Income Soars; Yahoo Disappoints
Apple came back with a vengeance in last three months of 2011, vastly exceeding analyst estimates and setting new records. While, Yahoo’s latest financial results show the Internet company is still losing ground.
Google Quarterly Earnings Miss Expectations; Shares Tumble
Google’s moneymaking machine misfired badly in the fourth quarter as its advertising prices fell during the holiday marketing season.


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