SAN FRANCISCO (Reuters) - Groupon Inc posted its first quarterly profit by reining in marketing spending and signing up more customers and merchants, sending its stock about 18 percent higher. The fledgling company started by music graduate Andrew Mason, which had lost half its value this year on concern about waning demand for its daily deals and persistent accounting problems, on Monday surpass
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Search results for profit
Groupon makes first profit, shares surge
Posted by murat 12 days ago (http://news.yahoo.com)
LinkedIn raises outlook, beats on profit
Posted by murat 22 days ago (http://news.yahoo.com)
(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
Boeing profit up on stronger airliner sales
Posted by cagan 31 days ago (http://www.reuters.com)
(Reuters) - Boeing Co, the world's largest aerospace and defense company, posted a higher quarterly net profit on Wednesday, helped by an increase in commercial airplane deliveries, and raised its earnings forecast for the year.
Facebook reveals revenue, profit slide ahead of IPO
Posted by murat 32 days ago (http://news.yahoo.com)
SAN FRANCISCO (Reuters) - Facebook Inc reported its first quarter-to-quarter revenue slide in at least two years, a sign that the social network's sizzling growth may be cooling as it prepares to go public in the biggest ever Internet IPO. The company blamed the first-quarter decline, which surprised some on Wall Street, on seasonal advertising trends. "It was a faster slowdown than we would have
Goldman profit tops estimates; raises dividend
Posted by cagan 39 days ago (http://www.reuters.com)
(Reuters) - Goldman Sachs Group Inc reported higher-than-expected quarterly earnings thanks to aggressive cost-cutting and strong investment banking and trading revenues, and the Wall Street bank raised its dividend.
HP profit plummets, CEO urges patience
Posted by murat 93 days ago (http://news.yahoo.com)
SAN FRANCISCO (Reuters) - Hewlett-Packard Co's earnings fell nearly 44 percent and the world's No. 1 computer maker forecast a second-quarter profit below Wall Street estimates as it struggles with weak sales of PCs and printers. The storied Silicon Valley company, which has been trying to move past the internal upheaval that marked 2011, posted quarterly sales declines in three of its key units:
Amazon spending threatens 1st-quarter profit
Posted by cagan 115 days ago (http://www.reuters.com)
SAN FRANCISCO (Reuters) - Amazon.com Inc warned of a possible operating loss in the first quarter following a sharp drop in fourth-quarter profit, a sign that the online retailer will keep spending heavily on expansion at the expense of short-term returns.
DealBook: Santander's Profit Plunges on European Debt Crisis
Posted by kagan 115 days ago (http://dealbook.nytimes.com)
Banco Santander announced that quarterly earnings fell nearly 98 percent, to 47 million euros, as it dealt with the downturn in the Spanish real estate market and the European debt crisis.
Honda foresees big annual profit fall on disasters, yen
Posted by cagan 116 days ago (http://www.reuters.com)
TOKYO (Reuters) - Honda Motor Co posted a 65 percent slide in quarterly operating profit on Tuesday and forecast the same drop for the full year, when natural disasters in Japan and Thailand hit it harder than rivals.
Toshiba cuts outlook after Q3 profit tumbles
Posted by cagan 116 days ago (http://www.reuters.com)
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.
Nintendo Q3 profit slumps, guidance slashed
Posted by cagan 121 days ago (http://www.reuters.com)
(Reuters) - Nintendo Co Ltd posted a 61 percent drop in quarterly operating profit on Thursday and forecast a 45 billion yen ($580 million) operating loss for the year to March, far worse than market expectations, hit by weak sales and the strong yen.
Symantec profit, forecast in line with estimates
Posted by murat 121 days ago (http://news.yahoo.com)
(Reuters) - Symantec Corp, the top maker of computer security software, reported a higher quarterly profit and issued an outlook in line with Wall Street estimates. The company reported profit, excluding items, of 42 cents per share for its fiscal third quarter, ended Dec 30, beating the average analyst forecast of 41 cents, according to Thomson Reuters I/B/E/S. The Mountain View, California-base
Bharti confident of data, Africa as profit falls for 7th quarter
Posted by murat 202 days ago (http://news.yahoo.com)
NEW DELHI (Reuters) - Bharti Airtel is confident of growing its high-speed mobile data business and turning around its struggling African operations after the Indian mobile market leader reported a bigger-than-expected fall in fiscal second-quarter profit that was its seventh consecutive quarterly profit drop.
MEMC cuts profit view, shares slide 10 percent
Posted by murat 205 days ago (http://news.yahoo.com)
(Reuters) - Silicon wafer maker MEMC Electronic Materials Inc on Wednesday reported a quarterly net loss and lowered its earnings outlook for the year due to a dramatic drop in prices on solar products and soft semiconductor demand.
Fiserv Q3 profit beats estimates
Posted by murat 206 days ago (http://news.yahoo.com)
(Reuters) - Fiserv Inc, which provides IT services and systems to the financial sector, posted a quarterly profit that beat market expectations on higher processing and services revenue, and raised its 2011 earnings outlook.
Amazon profit forecast disappoints, stock slumps
Posted by cagan 214 days ago (http://www.reuters.com)
(Reuters) - Amazon.com Inc shocked investors with a far weaker-than-expected outlook for the crucial holiday season quarter as it spent heavily on its new Kindle Fire tablet computer.
UBS Q3 net profit solid despite trading scandal
Posted by cagan 215 days ago (http://www.reuters.com)
ZURICH (Reuters) - Swiss bank UBS AG reported better-than-expected third-quarter net profit on Tuesday although an accounting gain helped cancel out 1.849 billion Swiss francs billion loss on unauthorized trades it uncovered last month.
In Cairo Quarter, Islamists Try to Profit From Revolution
Posted by yuksel 222 days ago (http://www.nytimes.com)
Egypt’s parliamentary election may be nearly two months away, but the contest has already begun in the neighborhood of Imbaba, where the arc of the Egyptian revolution is on display.
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