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(Reuters) - Online streaming music service Pandora Media Inc reported better-than-expected revenue and raised its full-year guidance as more people tuned in. The stock climbed 17 percent in extended trading after closing at $10.33 on Wednesday. "We are making excellent progress on all fronts - consumer adoption continues at an extraordinary pace," Pandora Chief Executive Joe Kennedy sai
(Reuters) - LinkedIn Corp raised its outlook after smashing first- quarter revenue and profit expectations, racking up strong growth from services that help companies find and hire employees. "The guidance was surprisingly high," said Ken Sena, an analyst with Evercore Partners. "I think it's a matter of them being able to use the data they have more efficiently to drive better results for their
Standard & Poor’s now says the country has at least a 1-in-3 chance of seeing its debt downgraded to junk status.
SAN FRANCISCO (Reuters) - Dell Inc forecast fiscal first-quarter revenue below Wall Street's expectations, stoking fears the PC industry has not fully emerged from its downturn and sending the company's shares more than 4 percent lower. The world's No. 3 personal computer maker projected sales would be down 7 percent this quarter from the previous quarter, when it posted revenue of $16 billion. T
TOKYO (Reuters) - Toshiba Corp, Japan's biggest chip maker, booked a 72 percent fall in quarterly operating profit and cut its annual profit forecast as a strong yen and a weak global economy hit profits at the industrial electronics conglomerate.
The recent downgrade of French debt, though not unexpected, adds to the challenges facing the incumbent, Nicolas Sarkozy, as he seeks re-election.
(Reuters) - Credit rating agency Standard & Poor's could change the outlook for France's triple-A rating to negative within the next 10 days, a French newspaper reported on Monday, citing several sources. Such a move would signal a possible downgrade.
CHENGDU, China (Reuters) - Chinese Vice-Premier Wang Qishan warned on Monday the global economy is in a grim state and that an "unbalanced recovery" might be the best option, at talks where senior U.S. officials said the mood at home toward China was souring.
(Reuters) - Shares of WebMD Health Corp crashed to their lowest in more than two years on Thursday, a day after the healthcare information provider lowered its revenue outlook.
(Reuters) - Online travel agency Orbitz Worldwide Inc reported better-than-expected quarterly results, helped by growth in its non-air revenue, and raised its full-year revenue outlook, sending its shares up as much as 36 percent.
WASHINGTON (Reuters) - The Federal Reserve on Wednesday looks set to launch a fresh effort to invigorate the faltering U.S. recovery, embarking on what could be the first in a series of incremental steps to foster stronger growth.
The fund said it expected the American economy to increase 1.5 percent this year and 1.8 percent next year; for the 17 countries that use the euro, it predicted growth of 1.6 percent and 1.1 percent.
(Reuters) - Research In Motion reported a steep drop in quarterly profit on limp sales of its smartphones and tablets, and offered investors little hope of a turnaround anytime soon, sending its shares tumbling.
Major greenhouse gas-emitting nations ruled out reaching a global deal to limit such gases at a meeting this year in South Africa.
The ratings agency cited the damage from the devastating earthquake and tsunami in March, estimating that reconstruction costs were likely to reach as high as 50 trillion yen, or $612.6 billion.
This post is made possible by Microsoft BizSpark as a new part of the Spark of Genius series that focuses on a new and innovative startup each d…
April 19, 2011 1:27:39 AM By Kaori Kaneko and Tetsushi Kajimoto TOKYO (Reuters) - Japanese cabinet ministers on Tuesday moved to shore up confidence...
In an assessment noticeably bleaker than one soon after the March 11 earthquake, the cabinet office said exports, private consumption, corporate profits and the job market all remain under pressure.

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