Facebook Earnings, Revenue Grow 38 Percent In 1st QuarterFacebook 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 PlungeLower than expected revenue growth disappointed investor and shares fell sharply Thursday.
Oracle Stock Plunges After Earnings MissShares 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 ProfitChevron 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 OutlookIntel 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 HistoryHewlett-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 HeadwindsIntel, 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 ProfitVisa 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 DisappointsApple 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 TumbleGoogle's moneymaking machine misfired badly in the fourth quarter as its advertising prices fell during the holiday marketing season.
Clorox Quarterly Profit Sinks; Beats Earnings EstimatesClorox 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.
Oracle Quarterly Profit Jumps; Server Business DeclinesStronger 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.