Mentor Graphics posts better-than-expected adjusted 2Q profit, shares jump 11 percentAugust 21st, 2009 Mentor Graphics 2Q results top estimatesWILSONVILLE, Ore. — Mentor Graphics Corp., which makes electronics-testing software, on Thursday reported a wider second-quarter loss but adjusted results and sales topped Wall Street expectations by a wide margin.
General Electric, Sony, Hartford and Akamai among big movers on stock market ThursdayJuly 31st, 2009 General Electric, Sony, Akamai among big moversNEW YORK — Stocks that were moving substantially or trading heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market. NYSE
General Electric Co., up 85 cents at $13.11
Goldman Sachs upgraded the industrial conglomerate to "Buy," saying it won't have to split off its financing arm, GE Capital.
Tibco Software shares up after 3Q results top Wall Street forecastsSeptember 25th, 2009 Tibco Software shares up after 3Q resultsNEW YORK — Shares of Tibco Software Inc. rose Friday after the company's third-quarter earnings topped Wall Street expectations with the help of lower expenses.
Chip testing software maker Synopsys posts 3Q results that beat Street, but 4Q outlook is softAugust 20th, 2009 Synopsys posts better-than-expected 3Q resultsMOUNTAIN VIEW, Calif. — Synopsys Inc., which makes software to develop and test chips, said Wednesday its fiscal third-quarter profit declined 18 percent from a year-ago period helped by an income tax gain, but the results still beat Wall Street expectations.
Microsoft profits declineJuly 24th, 2009 NEW YORK - Software giant Microsoft Corp has reported sales of $13.1 billion for the latest quarter, well below Wall Street expectations of more than $14 billion. The PC market has dwindled for three straight quarters.
Microsoft, Hershey, Arch Coal, Eastman Chemical are among big market movers FridayJuly 24th, 2009 Microsoft, Hershey, Arch Coal are big moversNEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Hershey Co., down 83 cents at $40.97
An analyst upgraded the candy maker on renewed advertising and sales efforts, while another analyst downgraded it on its stock price. Arch Coal Inc., up $1.27 at $18.14
Arch Coal slumped to a second-quarter loss much larger than expected, citing a 20 percent drop in sales and production cutbacks.
Quest Software 2nd-quarter profit more than doubles to tops Wall Street estimatesAugust 11th, 2009 Quest Software's 2Q results beat expectationsALISO VIEJO, Calif. —Quest Software Inc.
Intel raises 3rd-quarter sales outlook, citing improved demand for its productsAugust 28th, 2009 Intel raises revenue forecast for current quarterNEW YORK — Intel Corp. raised its third-quarter revenue forecast above Wall Street's expectations Friday, citing strong demand for its chips and giving another signal that business is improving for one of the world's biggest technology companies.
Intuit forecasts wider 1st-quarter loss, fiscal-year profit below Wall Street viewAugust 20th, 2009 Intuit 1Q loss forecast wider than Street viewMOUNTAIN VIEW, Calif. — Personal finance and business software maker Intuit Inc.
DG FastChannel 2nd-quarter earnings decline as operating expenses riseAugust 6th, 2009 DG FastChannel 2Q profit declinesDALLAS — DG FastChannel Inc., a digital media advertising services company, said Thursday it earned a lower second-quarter profit, but matched Wall Street expectations. Profit declined to $3.6 million, or 16 cents per share, from $4.1 million, or 23 cents per share, a year ago.
Summary Box: Dell profit sinks 23 percent in slumping PC marketAugust 27th, 2009 Summary Box: Dell profit down 23 pctFINICKY BUYERS: Dell Inc.'s second-quarter profit fell 23 percent as demand for computers remains soft. Sales fell 22 percent.
Adobe buys Omniture for $1.8 bnSeptember 15th, 2009 SAN FRANCISCO - Adobe Systems is to buy internet services firm Omniture for $1.8 billion, the company said Tuesday. The deal will mark the biggest acquisition by Adobe since its $4.3-billion purchase of Macromedia in 2005.
Dell says fiscal 2nd quarter sales to top previous quarter, PC demand stablizingJuly 14th, 2009 Dell: PC demand stable stabilizingROUND ROCK, Texas — PC maker Dell Inc. said Monday it expects its fiscal second-quarter revenue to be slightly higher than in the first quarter, when sales plunged 23 percent to $12.3 billion.
Qualcomm posts slightly lower 3rd-quarter profit, revenueJuly 22nd, 2009 Qualcomm 3Q profit edges lowerNEW YORK — Qualcomm Inc. posted a slight decrease in its fiscal third-quarter profit Wednesday, though CEO Paul Jacobs said the chip maker had a strong quarter and healthy demand — a sign of recovery in the wireless market.
Sun Microsystems expects fiscal 4th-quarter results below Wall Street estimatesJuly 14th, 2009 Sun Micro expects 4Q results below estimatesSANTA CLARA, Calif. — Sun Microsystems Inc.