HTC Expects Brighter Second Quarter Taiwan's HTC expects its second-quarter revenue and operating margin to rise from the first quarter, as sales of the new HTC One smartphone pick up. More
Mobile Efforts Help Propel Facebook’s Earnings Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices. More
Sears Didn't Move Fast Enough, CEO Says Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
All Eyes On Facebook's Mobile Growth And Graph Search Progress Quick Take Facebook will release its Q1 2013 earnings on May 1. We expect healthy advertising revenue growth driven by improved mobile monetization and a growing user base. Margins will shrink due to higher headcount related costs and infrastructure investments. We’ll also look for any color on the success of Graph Search, which could be one of the key features of Facebook going forward. More
The New York Times Company Reports a Drop in Profit While advertising continued to fall, The New York Times Company, which is repositioning itself for a digital age, said circulation revenue rose 6.5 percent in the first quarter. More
Market movers: Stocks that saw action on Tuesday General Motors ( GM-N -0.16% ) on Tuesday posted quarterly results that topped Wall Street targets and raised its annual forecast, citing stable pricing and demand for its gas-engine vehicles, sending ... 04/23/2024 - 5:03 am | View Link
GE Aerospace’s shares rise on improved earnings guidance GE Aerospace (GE) reported better-than-expected earnings and raised its profit guidance, leading to a 4% rise in premarket trading. 04/22/2024 - 11:26 pm | View Link
FTSE 100 Live 22 April: Index closes at record high, Asda sales rise, Hipgnosis bid war Thames Water has updated business plan with extra £1.1bn spend on "projects benefiting the environment", which it says will not lead to higher bills. The utility said a “ rebalancing of operating and ... 04/22/2024 - 5:03 am | View Link
The meteoric rise — and spectacular fall — of the Queen of Airbnb The "Queen of Airbnb" label, which started off as Widell's Airbnb account name, helped create an aura of omnipotence. "Maybe she is the Airbnb queen," Burke remembered thinking. "It just seemed like ... 04/20/2024 - 10:31 pm | View Link
The stimulator As the actress said to the bishop, it’s all about stimulus. And Chrystia is one stimulative human. Just take a look at the raw numbers contained in Tuesday’s opus. 04/19/2024 - 5:23 am | View Link
The past year brought adverse economic and capital market impacts to the commercial real estate market. According to a year-end report from Deloitte Inc., CRE sector respondents point to the cost of capital and capital availability as the weakest among real estate fundamentals. About half of respondents expect the cost of capital (50%) and capital availability (49%) to worsen through 2024, up from 38% and 40%, respectively, last year.
However, Regency Centers, one of the largest retail real estate…
A string of high-profile crimes linked to short-term rentals attracted the attention of policymakers, WFAA reports. Once the ordinance takes effect in the coming days, new short-term rental properties won't be allowed to open in residential neighborhoods, although they'll still be permitted in commercial areas.