First Quarter Earnings | featured news

Times Company Profit Falls on Weak Ad Revenue

The New York Times Company reported that first-quarter net income dropped 57.6 percent, to $5.4 million, as print advertising remained depressed and About.com revenue fell.

 

Morgan Stanley profit drops nearly 50 percent

Morgan Stanley's first-quarter profit dropped nearly 50 percent, hurt by a steep decline in bond trading revenue.

 

Apple crushes Street forecasts, iPad backlogged

Apple Inc's quarterly results again smashed Wall Street's expectations, fueled by record iPhone and Mac sales, offsetting lower-than-expected sales of its iPad tablet computer.

 

DealBook: Wells Fargo Profit Jumps 48%

The nation's largest retail bank said first-quarter earnings rose to $3.8 billion from $2.6 billion in the period a year earlier.

 

Goldman Sachs’ income falls after paying $1.6B dividend to Buffett, still beats estimates

Goldman Sachs’ first-quarter income fell 72 percent after the bank paid out $1.64 billion in dividends to redeem preferred shares it issued to billionaire investor Warren Buffett during the financial crisis.

 

Video Games Have Mixed Month In March; Software Sales Fall

Overall, according to new data from NPD Group, U.S. video game sales at retail fell 4% from a year ago. But the middling result masked the bigger trends. While hardware sales rose 12% from a year ago, and accessory sales improved 13%, software sales slumped 16%.

 

Cost surge under new Google CEO unnerves Street

Google Inc's stunning 54 percent spending surge in the first quarter spooked investors already worried its new CEO may take his eye off the bottom line to chase revenue growth.

 

JPMorgan's net jumps 67 pct on investment banking

JPMorgan Chase & Co. reported a 67 percent jump in first-quarter earnings Wednesday on solid growth in investment banking fees and a drop in losses from credit cards. The bank's mortgage business continued to be weak....

 

KB Home 1Q loss widens on fewer home deliveries

KB Home said Tuesday that its fiscal first-quarter loss widened, as the homebuilder delivered fewer homes and net orders declined.

 

TiVo First-Quarter Loss Widens

TiVo posted a wider first-quarter loss on mounting research-and-development spending and patent-litigation costs related to its "time-warping" digital-video-recorder technology.

Senh: How is Tivo still around when pretty much every cable company has their own DVR's?

 

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