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Stories related to: corporate earnings

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Stories 41 - 51 of 51

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  • December 2007

    • UnitedHealth's Ex-CEO Will Pay Back $620M

      newser  |  Wall Street Journal  |  Dec 6, 07 9:59 PM CST

      UnitedHealth's Ex-CEO Will Pay Back $620M

      UnitedHealth's ex-CEO will surrender another $420 million in stock options and retirement pay to settle claims in a scandal over stock-option backdating. William McGuire already had forfeited $200 million to UnitedHealth when he was ousted last year, the Wall Street Journal reports, making his giveback one of the largest in history. More »

      Tags

      corporate earnings  • health insurance  • CEOs  • health care industry  • stock options  • corporate responsibility

  • November 2007

    • Investors Worry Dell's Road to Recovery is Too Rocky

      newser  |  Austin American-Statesman  |  Nov 30, 07 11:50 AM CST

      Investors Worry Dell's Road to Recovery is Too Rocky

      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 Dell’s statement: “There’s more work to be done,” reports the Austin American-Statesman. More »

      Tags

      computer  • corporate earnings  • earnings reports  • laptop  • Dell Inc  • Michael Dell  • PC makers

    • HP Earnings Spike 28%

      newser  |  CNN  |  Nov 19, 07 6:37 PM CST

      HP Earnings Spike 28%

      Computer and printer giant Hewlett-Packard rode strong server, software, and PC sales to a 28% boost in fourth quarter earnings from a year ago, CNN Money reports. The company posted a net profit of $2.2 billion, with a share price of 81 cents, up from 60 cents a year ago. The profits defied low industry expectations set by tech companies like Cisco Systems and Qualcomm, the Wall Street Journal reports. More »

      Tags

      computer  • corporate earnings  • Dell  • Cisco Systems  • Sun Microsystems  • Qualcomm  • servers

    • Dreary Housing Market Nails Home Depot

      newser  |  Wall Street Journal  |  Nov 13, 07 7:31 AM CST

      Dreary Housing Market Nails Home Depot

      A weak housing market hammered Home Depot’s third quarter, sending revenues down 4% and cutting net income 27%, reports the Wall Street Journal. The Atlanta-based retailer today said net income fell to $1.09 billion compared to $1.49 billion a year ago. “We are facing a tough environment as housing indicators continue to deteriorate,” said CEO Frank Black. More »

      Tags

      housing market  • corporate earnings  • Home Depot  • third quarter earnings

    • $39B Charge Puts Brakes on GM's Earnings

      newser  |  Detroit Free Press  |  Nov 7, 07 7:23 AM CST

      $39B Charge Puts Brakes on GM's Earnings

      In what’s likely to be the largest net loss in its history, GM today will announce earnings that include a $39 billion tax charge costing it nearly $70 per share. The charge rear-ends the automaker after a quarter that saw strong US sales and a positive labor pact with the UAW. GM traded at $35 after hours. More »

      Tags

      auto industry  • General Motors  • corporate earnings

    • Sun Misses Revenue Mark, Falls in Late Trading

      newser  |  Associated Press  |  Nov 5, 07 9:37 PM CST

      Sun Misses Revenue Mark, Falls in Late Trading

      Despite recording its fourth straight profitable quarter for the first time since the dot-com crash, Sun Microsystems fell in evening trading after missing 1Q sales projections by $50 million, reports the Associated Press. Analysts projected the company would bring in $3.27 billion in sales in the quarter; the final number was $3.22 billion. Sun shares were down 2.8% in evening trades. It was the late session's most active Nasdaq issue. More »

      Tags

      corporate earnings  • tech stocks  • Sun Microsystems

  • October 2007

    • UBS Reports $712M Q3 Loss, $4.4B in Writedowns

      newser  |  Bloomberg  |  Oct 30, 07 8:36 AM CDT

      UBS Reports $712M Q3 Loss, $4.4B in Writedowns

      The subprime mortgage mess claimed another casualty today: Zurich-based UBS reported its first quarterly loss in nearly five years, a $712 million hit that drove down share prices as much as 1.9%, reports Bloomberg. UBS reported $4.4 billion in losses and writedowns on mortgage securities. And more writedowns may be to come in the fourth quarter, the bank warned. More »

      Tags

      US economy  • subprime mortgages  • corporate earnings  • banking  • UBS

    • On the Rebound, Sony Profits Soar

      newser  |  New York Times  |  Oct 25, 07 2:12 PM CDT

      On the Rebound, Sony Profits Soar

      Despite big losses in Playstation 3 sales, Sony reported a slight quarterly profit jump, a signal that cost-cutting and downsizing have been effective economic spurs for the Japanese technology giant. Electronics profits increased 12-fold to $939 million, with sales, especially of digital cameras, up more than 20%, the New York Times reports, suggesting that the company is back on track. More »

      Tags

      corporate earnings  • Sony  • electronics  • quarterly profits

  • July 2007

    • Netflix Finds Itself in House of Business Horrors

      newser  |  Associated Press  |  Jul 24, 07 4:44 PM CDT

      Netflix Finds Itself in House of Business Horrors

      Netflix faced a second wave of bad news today as its stock price plummeted and its website remained inaccessible to visitors. The company announced price cuts Sunday and yesterday absorbed a triple blow: lowered sales expectations, a subscriber decline, and a Wall Street downgrade. The website crash then left the company's signature interface offline for nearly 24 hours. More »

      Tags

      Hollywood  • corporate earnings  • DVD  • Netflix  • Blockbuster  • subscribers

    • McDonald's Takes Good News to Go

      newser  |  CNN  |  Jul 24, 07 2:12 PM CDT

      McDonald's Takes Good News to Go

      Despite strong global sales, McDonald’s reported a second-quarter loss today, which it attributed to its sale of Latin American franchises. The company lost $711.7 million, or 60 cents a share, but said its new offerings and value menu drew consumers, CNNMoney reports. Excluding the Latin American charge, earnings were 71 cents per share, beating expectations. More »

      Tags

      US economy  • SEC  • corporate earnings  • McDonald's  • fast food industry  • second quarter earnings

    • 5 Reasons to Think Bearish

      newser  |  BusinessWeek  |  Jul 22, 07 8:29 AM CDT

      5 Reasons to Think Bearish

      Wall Street is giddy with low unemployment, optimistic earnings predictions, and a resilient economy, but BusinessWeek lists five things for investors to worry about. Volatility in earnings, especially tech companies Consumer spending, as gas prices take their toll Inflation, which could prompt the fed to raise interest rates Subprime aftereffects, as the panic spreads to other forms of debt Too much optimism, as it starts to look like irrational exhuberance More »

      Tags

      subprime mortgages  • Federal Reserve  • Wall Street  • Ben Bernanke  • inflation  • corporate earnings  • consumer spending  • core inflation  • earnings

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