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.
Tesla Shares Drop As 3rd Quarter Earnings Fall Short Tesla Motors' high-flying stock tumbled 12 percent in after-hours trading Tuesday after the electric car maker's third-quarter results fell short of expectations.
Facebook 3rd Quarter Results Fly Past ExpectationsFacebook's stock is soaring after the company reported a 60 percent revenue increase in the third quarter thanks to mobile advertising growth. The numbers beat Wall Street's expectations for the second quarter in a row.
LinkedIn Posts 3rd Quarter Net Loss But Revenue GrowsLinkedIn Corp. posted a loss for the third quarter on Tuesday, but the results were stronger than Wall Street expected as the professional networking service boosted its user base and increased revenue.
Carl Icahn Sells Huge Chunk Of Netflix StockHe says he and funds run by his son and a partner bought the shares for about $58 each, and sold them in several blocks this month for $304.23 and $341.44 apiece.
Netflix's 3Q Earnings Quadruple As Subscriber Rolls SwellNetflix's earnings quadrupled as its line-up of original programming helped the Internet video subscription service attract 1.3 million more U.S. subscribers during its latest quarter.
EBay 3rd Quarter Earnings Top Expectations; Revenue MissesEBay's third-quarter earnings edged past analysts' expectations, but revenue rose just short of estimates. The company's profit and revenue outlook for the current quarter through December was also weaker than expected.
Safeway 3Q Earnings Beat ExpectationsSafeway said Thursday its third-quarter net income fell 58 percent, hurt by a software impairment charge, higher theft and lower property gains. Results beat expectations however and shares rose 6 percent in aftermarket trading.
Oracle 1Q Profit Rises 8 Percent, Tops Wall Street ViewHigher software revenue helped lift Oracle Corp.'s fiscal first-quarter net income by 8 percent.
Cisco To Cut 4,000 Jobs Due To Slow GrowthCisco announced it would lay off some 4,000 workers beginning in the first quarter of 2014.
Tesla Shares Jump On Lower 2nd Quarter LossesExcluding one-time items and lease accounting, Tesla Motors Inc. said it had a profit of 20 cents per share. The one-time items included a $16 million charge associated with the payoff of a $465 million loan from the U.S. Department of Energy. Tesla paid off the loan in May, nine years earlier than it was due.
Virgin America Posts 2Q Profit As Traffic RisesVirgin America posted a rare quarterly profit Wednesday, reflecting more people flying and falling fuel prices...
LinkedIn's 2Q Earnings, Revenue Top Street ViewsLinkedIn’s second-quarter net income rose 33 percent as the online professional networking service’s membership growth accelerated.
Facebook 2nd Quarter Results Soar Past ExpectationsFacebook's stock is soaring after the world's biggest social network posted higher revenue from mobile ads and delivered a healthy second-quarter profit that reverses a loss a year ago.
Apple 3rd Quarter Earnings Fall 22%; Revenue FlatApple's latest quarterly report confirms the iPhone maker's growth has stalled along with its pace of innovation.