Safeway Earnings Soar Past Expectations; Shares Jump Grocery store operator Safeway's net income jumped 13 percent in the fourth quarter helped by higher gift and prepaid card revenue and a legal settlement.
Cisco Earnings Report Beats Projections Cisco’s latest quarterly report is providing further evidence that spending on technology gear is picking up despite persisting concerns about a still-shaky economy.
Zynga Posts Smaller Net Loss; Revenue FlatOnline game maker Zynga is reporting a smaller net loss and nearly flat revenue for the fourth quarter of 2012, a year in which its stock price shrank 75 percent.
Yahoo 4Q Earnings Top Expectations; 1st Revenue Gain Since 2008Yahoo’s fourth-quarter earnings topped analyst estimates as an upturn in its international investments helped end a three-year slump in revenue.
Wall Street Hammers Apple Over Slowing Growth; Stock PlungesApple needs to come down off its perch and start making nice with Wall Street, analysts said Thursday as investors hammered the company's stock. The sell-off put Apple a hair's-breadth away from losing its status as the world's most valuable company.
Apple's Growth Slows Drastically; Shares Fall By 10%Apple's blockbuster revenue growth is slowing drastically, as iPhone sales plateau and the company finds itself lacking revolutionary new products.
Netflix Stock Soars On 4th Quarter Subscriber GainsNetflix’s Internet video service has added 2 million U.S. subscribers during the final three months of the year to produce an unexpected profit for the company.
Oracle Quarterly Earnings JumpOracle says its latest quarterly earnings rose 18 percent as companies splurged on more software and other technology toward the end of the year.
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.
Apple Misses Earnings Target For 2nd Straight Quarter On Slower iPad SalesApple missed Wall Street earnings expectations for the second straight quarter, as iPad sales fell short of analyst forecasts.
Google Stock Plunges After Earnings Report Released Early By Mistake; Trading HaltedTrading was halted on Google stock after the price plunged Thursday, following the early release of Q3 earnings reports.
Intel 3rd Quarter Earnings Drop; Slow 4Q ExpectedIntel, the world’s largest chipmaker, said its net income fell 14 percent from last year, and it’s looking at tough conditions in the new quarter.
Wells Fargo Posts Record 3Q Earnings, Revenue DisappointsWells Fargo posted record earnings in the third quarter as the bank increased mortgage lending and pocketed more fees.
Oracle 1st Quarter Earnings Rise; Revenue DisappointsOracle’s earnings matched analyst estimates in the latest quarter, but a revenue decline signaled the business software maker is having a tougher time closing deals.
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.