Skip to: Content
Skip to: Site Navigation
Skip to: Search

THURSDAY, NOVEMBER 26, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: earnings reports

earnings reports stories: 115 news summaries

101 - 115 of 115 Stories | << Prev 1 2 3 4 5 6

CS3 Takes Adobe to Record Revenue

Software maker tops expectations with 21% net income bump

(Newser) - Graphic-software manufacturer Adobe Systems topped analysts’ expectations, yesterday announcing record quarterly revenue on the strength of its Acrobat and Creative Suite 3 sales. Adobe said fourth-quarter net income was up 21% on record revenue of $911.2 million, a 34% increase from a year ago, reports the Wall Street Journal.... More »

MORE ABOUT:
earnings reports Adobe

Housing Crash Pushes Home Builder Into Red

Toll Brothers has its
first losing quarter
in 21 years

(Newser) - Toll Brothers, the country's largest luxury homebuilder, today reported its first quarterly loss in 21 years, Bloomberg reports, as the housing slump drove away buyers and forced the company to write down land. “Demand has just fallen off the table,” one analyst explains. Toll lost $81.8 million,... More »

MORE ABOUT:
housing market earnings reports Toll Brothers housing crisis

Investors Worry Dell's Road to Recovery is Too Rocky

Quarterly earnings announcement prompts big Wall Street selloff

(Newser) - Computer-maker Dell’s rollercoaster ride isn’t over and it’s left investors woozy. Despite increasing net income 27% in third quarter earnings released yesterday, Dell shares slipped nearly 10% in after hours trading, giving back nearly everything the stock gained leading up to the report and underlining CEO Michael... More »

MORE ABOUT:
earnings reports Michael Dell corporate earnings laptop Dell Inc PC makers computer

Street Foresees Very Good Year  

Amid chaos, $28B in earnings marks the second best in history

(Newser) - Despite $45 billion in subprime writedowns, rolling CEO heads, and an $84 billion drop in market value, Wall Street will somehow post its second-most-profitable year ever, reports Bloomberg. “As the bombs are dropping and the mines are exploding, it's a bit of a surprise,'' said an investment banker.... More »

MORE ABOUT:
investing Wall Street Citigroup Goldman Sachs UBS earnings reports Merrill Lynch Lehman Brothers

Dow Sheds 223, Flirts With 13K

Retail hit hard as well

(Newser) - The Dow dove 223.55 today to 13,042.74, its lowest close in 2 months, as investors reacted to rough news about tech and retail stocks. The S&P 500 wrapped up its its worst 3-day fall since January 2003, losing 21.07 to close at 1,453.70,... More »

MORE ABOUT:
Google Dow Jones Apple earnings reports Macy's Nasdaq Target tech sector Qualcomm S&P 500

Sprint Profits Dive 77%
As Subscribers Defect

Network loses most customers since Nextel merger

(Newser) - Sprint Nextel subscribers jumped ship this quarter, taking the stumbling wireless giant’s profits with them. Profit fell 77% this quarter, Bloomberg reports, as 337,000 contract customers departed, the biggest exodus since the Nextel merger. The company said it would miss its 10% growth goal next year. “Their... More »

MORE ABOUT:
earnings reports Sprint Nextel cell phone industry Sprint Gary Forsee Paul Saleh

Vista, Office Spur Microsoft to Huge Growth

23% gains in first quarter; new PC
sales drive gains

(Newser) - Microsoft yesterday reported a 23% leap in net income and its best revenue growth since the dot-com boom, making it an isolated winner in a tumbling market. The announcement drove up the company's shares 10% in after-hours trading. The sales of new PCs with Windows installed helped drive the gains,... More »

Apple Fourth Quarter Swamps Wall Street Estimates

New Mac sales records lead earnings success

(Newser) - Apple reported yesterday that it dramatically outstripped estimates for fourth-quarter profits, news that bumped the company's stock up 6% in after-hours trading. Apple saw $6.22 billion in sales this quarter for earnings of $904 million ($1.01 per share), a 67% improvement over the same time last year. Analysts... More »

MORE ABOUT:
iPhone Apple iPod earnings reports Macintosh laptop profit growth computer

eBay Posts Big Growth but Net Loss Thanks to Skype

Skype write-down takes byte out of auction company

(Newser) - EBay reported strong growth in some sectors despite posting a $936 million net loss for the third quarter, reports the Wall Street Journal. Most of the loss is due to the company writing down internet calling company Skype by $1.39 billion after eBay found it difficult to make money... More »

MORE ABOUT:
eBay earnings reports Skype third quarter earnings PayPal StubHub

(Newser) - The Dow had its biggest fall in a month today, as investors showed anxiety over third-quarter earnings. The key index dropped 85.84 points from yesterday's record high to 14,078.69, after aluminum maker Alcoa announced a sales slippage of 3.2%. Boeing contributed to the bearish day with... More »

MORE ABOUT:
energy Boeing Dow Jones Alcoa earnings reports Nasdaq S&P 500

Fed News Boosts Dow to Record

S&P 500 also closes at all-time high

(Newser) - The markets spiked to record highs today after the Fed released minutes from its critical September meeting that revealed unanimous consent for the large interest rate cuts. The Dow climbed 120.80 points to close at an all-time high of 14,164.53. One economist told the Journal, “... More »

MORE ABOUT:
Federal Reserve Dow Jones Alcoa earnings reports Nasdaq US dollar S&P 500

Citigroup Earnings Plunge 60% on Subprime Woes

Company will be latest victim of market turmoil when it reports

(Newser) - Citigroup is the latest big-name victim of the subprime crash, the company announced today, warning of a 60% third-quarter earnings drop. Full earnings will be out Oct. 15, but it appears net income will drop to $2.2 billion from the $5.51 billion reported last year. “Our expected... More »

MORE ABOUT:
Citigroup subprime mortgages stocks earnings reports banking

Toyota Banks Best-Ever Quarter

Good yen rate bolsters $4B quarter

(Newser) - Toyota reported its highest quarterly earnings ever today after profits surged 32% to $4.1 billion due to booming sales and favorable exchange rates for the yen. Revenue rose $54 billion, up 16% compared to the same quarter last year, and the Japanese giant sold 2.16 million cars, an... More »

MORE ABOUT:
Japan Toyota General Motors Detroit earnings reports yen auto industry quarterly profits cars

5 Reasons to Think Bearish

Despite record growth, Wall Street has plenty of cause for concern, Business Week says

(Newser) - Wall Street is giddy with low unemployment, optimistic earnings predictions, and a resilient economy, but BusinessWeek lists five things for investors to worry about.
  1. Volatility in earnings, especially tech companies
  2. Consumer spending, as gas prices take their toll
  3. Inflation, which could prompt the fed to raise interest rates
... More »

Mortgage Trouble Rattles Wall Street

Bear Stearns, Goldman earnings reflect subprime bloodbath

(Newser) - Bear Stearns posted a 10% drop in quarterly earnings today, the latest victim of the subprime collapse. The country's second-largest mortgage-bond underwriter posted profits well below expectations, down nearly 33% from last year to $362 million. Goldman Sachs escaped bruised but more-or-less unscathed, with profits up 1% on the strength... More »

MORE ABOUT:
Goldman Sachs subprime mortgages business Bear Stearns earnings reports finance equity trading US economy investment banks

101 - 115 of 115 Stories | << Prev 1 2 3 4 5 6