Corporate Reporting

1-17 of 102 results

Barnes & Noble reports 2Q loss, cuts guidance

AP News 17 hours ago

Barnes & Noble takes 2nd-quarter loss, says Nook production will cost more than expected Barnes & Noble on Tuesday posted a larger second-quarter loss than last year and lowered its profit forecast for this quarter in anticipation of weak holiday sales and ...

Ahead of the Bell: Analog Devices

AP News 20 hours ago

Analog Devices shares up on upbeat 1Q forecast, improving profitability Shares of Analog Devices Inc. rose Tuesday after the chip maker forecast a 20 percent increase in revenue for the first quarter and higher-than-expected earnings as the economy gradually recovers. The company ...

Ahead of the Bell: Brocade dips on slower 1Q sales

AP News 20 hours ago

Brocade dips on 1Q outlook; strong rebound not expected until back end of fiscal year Shares of Brocade Communications Systems Inc. fell Tuesday after the company said revenue for the first quarter won't be as strong as past quarters and an overall ...

Earns Hormel

AP News 21 hours ago

A display of Hormel's Spam at a grocery store in Palo Alto, Calif., is shown Monday, Nov. 23, 2009. Hormel Foods said Tuesday, its fourth-quarter profit rose more than 50 percent, helped by lower ingredient costs even as sales slipped on lower ...

Earns Medtronic

AP News 21 hours ago

FILE - In this Aug. 16, 2005, the "Rising Man" symbol stands in front of the Fridley, Minn., based Medtronic. Medical device maker Medtronic said Tuesday, Nov, 24, 2009, its fiscal second-quarter profit rose 59 percent on higher sales of implantable heart ...

Warner Music 4Q results hurt by severance costs

AP News 21 hours ago

Warner Music posts 4Q loss on severance costs, offsetting strong releases from Jay-Z, Madonna Warner Music Group Corp., one of the nation's largest record companies, on Tuesday posted a loss in the fourth quarter as severance costs weighed on results despite a ...

Medtronic 2Q profit rises 59 percent on sales

AP Features 22 hours ago

Medical device maker Medtronic says its fiscal second-quarter profit rose 59 percent on higher sales of implantable heart devices and stents, while costs fell. Sales gains during the quarter are prompting a boost in full-year guidance, the company says. The company, headquartered ...

S.Africa reports recession over with 0.9% growth

AFP Global Edition 22 hours ago

The South African economy has escaped from recession with growth of 0.9 percent in the third quarter of 2009, official data for gross domestic product showed on Tuesday. "The seasonally adjusted real gross domestic product (GDP) at market prices for the third ...

Brocade 4Q profit drops on costs; backs guidance

AP News yesterday

Brocade 4th-quarter net income falls on costs; reiterates earnings guidance for fiscal 2010 Networking gear maker Brocade Communications Systems Inc. said Monday its fourth-quarter profit fell 6 percent as hefty costs offset a surge in revenue, but reiterated its guidance for fiscal ...

Analog Devices 4Q earnings fall; 1Q outlook upbeat

AP News yesterday

Analog Devices' fiscal 4th-quarter earnings fall 27 percent; revenue seen up in 1st-qtr Chipmaker Analog Devices Inc. said Monday its net income fell 27 percent in the fiscal fourth quarter, as demand declined for semiconductors in its industrial and communications business. But ...

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