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DirecTV Q1 profit down, subs up

DirecTV reported a lower first-quarter profit as it added 460,000 net new subscribers -- its highest quarterly U.S. user gain in four years.

 

GM loses another $6 billion

GM loses another $6 billion

General Motors' financial woes continue as the automaker teetering on the edge of bankruptcy reported a $6 billion loss during the first three months of the year Thursday.

 

Nintendo Expects Sales to Level Off

Nintendo Expects Sales to Level Off

Nintendo expects sales and profit to level off this fiscal year as consumer demand for its Wii game machine and DS handheld starts to plateau and the company reported an 8.5% rise in annual profit.

 

Disney reports 46% drop in profit

Weak theme park and film studio results are blamed. Still, Disney shares rise 4% in after-hours trading as executives hint at happier days to come.

 

Marvel posts super earnings

Marvel posts super earnings

Movie division helps boost revenue -- Marvel Entertainment's movie division continues to pay off handsomely for the comicbook company.

 

US factory output continues fall

US manufacturing activity fell further in April - but at a slower pace than in March - figures suggest.

 

Exxon profits hit by weaker oil

Exxon Mobil, the world's largest oil company, has posted a sharp fall in quarterly profits as the price of oil dropped from its peak.

 

Upbeat Earnings Boost Stocks

Stocks climbed as companies continued to report stronger-than-forecast results, though new data offered mixed signals on an economic recovery.

 

Ford loses $1.4 billion but beats expectations

Ford loses $1.4 billion but beats expectations

Despite plummeting sales, its per-share loss is about half of what analysts had predicted. Also today, GM borrows more federal funds, and reports point to Chrysler bankruptcy.

 

Low chip and TV sales hit Samsung

Samsung Electronics reports a 72% drop in quarterly profits after losses at its microchip and LCD television divisions.

 

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