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.
Google 2Q Earnings Soar Past Estimates On Ad StrengthGoogle Inc. ushered in new CEO Larry Page with second-quarter earnings that were far better than analysts expected.
Chevron Profit Rises In 1st Quarter On Higher Oil PricesChevron reported first-quarter earnings rose 36 percent. The company received higher prices for the oil it produced, and also made more money from refining oil.
Oracle Profit Soars Amid Hurd HubbubOracle Corp.'s net income swelled 20 percent in the latest quarter as the world's biggest maker of database software prospered from freer technology spending by corporations.