Google net shy of Wall Street consensus forecast
International Herald Tribune - SAN FRANCISCO : Google , the world’s top World wide web company, on Thursday reported a weaker-than-expected 17 percent rise in quarterly profit, disappointing investors hungry for more and sending its shares down 9.5 percent. Net income for the fourth
Sealy 4Q revenue beats Wall Street view, sees ‘difficult’ consumer
Forbes - NEW YORK (Thomson Financial) - Sealy Corp. reported late Thursday fourth-quarter net income fell to $17.1 million, or 18 cents a share, from $21.5 million, or 22 cents a share, in the same period a year earlier. The latest results include an income
Google profit falls short of Wall Street view
International Herald Tribune - SAN FRANCISCO : Google reported a lower-than-expected quarterly profit on Thursday and predicted further spending to shore up its operations, sending its shares down as much as 9.5 percent. The world’s top Internet company said it expected to
Wall Street rallies after bond insurer worries ease
Xinhua News Agency - NEW YORK, Jan. 31 (Xinhua) — Wall Street rallied Thursday after investors set aside worries about bond insurers despite weak economic data. The major indexes fell in the morning with the Dow Jones average dropping more than 190 points on weak
Google’s $1.3b profit
News.com.au - GOOGLE has reported that its profits for the last three months of 2007 climbed to $US1.21 billion ($A1.37 billion), but its stock price sank as the figure fell short of Wall Street expectations. Google said its gross revenues for the quarter ending
Google misses estimates
CNN Money - Beyond pay and perks at the No. 1 firm on Fortune’s 100 Best Companies to Work For list, employees love the opportunity to try new things. NEW YORK (CNNMoney.com) — Google reported earnings and sales for the fourth quarter that missed Wall Street
Wall Street ended its worst January since 1990 with a huge advance
MSN UK News - Wall Street ended its worst January since 1990 with a massive advance Thursday after investors set aside worries about bond insurers and grew more optimistic that the Federal Reserve’s interest rate cuts will indeed help lift the economy. The Standard
MBIA lifts Wall Street
MSN MoneyCentral - NEW YORK (Reuters) - Stocks ended higher on Thursday after a major bond insurer reassured investors about its stability, fueling a rebound by financial shares hammered recently by the prospect of crumbling credit markets. Even with the day’s strong
Getty Images sees 1Q profit below Street
MSN MoneyCentral - SEATTLE (AP) - Getty Images Inc. predicted Thursday that its first-quarter profit will come in below Wall Street estimates, saying it anticipates to earn 45 cents per share in the period. The seller of stock photography and video footage also predicted
UPDATE 3-Google profit falls short of Wall Street view
Forbes - SAN FRANCISCO (Reuters) - Google Inc (nasdaq: GOOG - news - people ) Thursday reported a disappointing quarterly profit and aggressive spending plans to support a widening range of Web services, unnerving investors who sent its shares down 8 percent
HK shares recover as Wall Street, Esprit boost
Reuters UK - HONG KONG, Feb 1 (Reuters) - Hong Kong stocks rose on Friday after two straight days of sharp declines, as gains on Wall Street boosted investor confidence and apparel retailer Esprit Holdings (0330.HK: Quote , Profile , Research ) climbed further
Movers roundup: Invacare, Harris Stratex
CNBC - NEW YORK (AP) _ Shares of home medical equipment company Invacare Corp. jumped Thursday after the company topped Wall Street’s fourth-quarter expectations on a mix of lower costs and higher rehabilitation product sales. NEW YORK (AP) _ Shares of
Flowserve Sees 2008 Profit Above Street
Forbes - Flowserve Corp. , which provides fluid motion and control products, on Thursday guided for 2008 income above analyst estimates, and raised its 2007 revenue outlook above Wall Street projections. The company set a 2008 earnings target of $5.10 to $5
Wall Street Whiplash: Dow Closes Up 200
ABC News - NEW YORK (AP) — Stocks bounded higher Thursday after concerns eased about hefty losses at bond insurer MBIA Inc. as did fears of potentially ruinous downgrades in the bond insurance industry. The Dow Jones industrials jumped more than 250 points
Insurer’s losses spark Wall Street row
Guardian Unlimited - One of America’s top financial insurers, MBIA, has made a loss of $2.3bn (£1.2bn) - and its problems have barely begun, according to an extraordinary outburst from a hedge fund manager that sent shockwaves through Wall Street yesterday. MBIA and a
Google earnings fall short of Wall Street expectations
USA Today - SAN FRANCISCO (Reuters) — Google’s (GOOG) fourth-quarter profit missed analyst expectations, signaling the crumbling U.S. economy has dented the Internet search leader’s moneymaking machine. The Mountain View, Calif.-based company stated Thursday
Tokyo shares outlook - Higher on Wall Street’s rally after bond
Forbes - TOKYO (Thomson Financial) - Japanese shares are expected to open higher on Friday, tracking a rebound on Wall Street on Thursday after concerns eased about hefty losses at bond insurer MBIA Inc and the prospect of downgrades in the bond insurance
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