Novatel shares plunge after 4th-quarter outlook disappoints despite strong 3rd quarter

October 29th, 2009 Novatel Wireless posts 3Q profit on higher revenueSAN DIEGO — Novatel Wireless Inc. posted a third-quarter profit, reversing last year's loss, as strong sales of its MiFi personal Wi-Fi hotspot device took off.

October 30th, 2009 Las Vegas Sands, MetLife, Manitowoc are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange: NYSE: Alcatel-Lucent, down 48 cents at $3.69 The telecommunications equipment maker saw its net loss widen in the third quarter as European phone companies cut back on spending. Harman International Industries Inc., up $4.61 at $37.61 The company said its fiscal first-quarter sales rose from earlier this year and aggressive cost cuts continued.

October 28th, 2009 ValueClick shares drop on 4Q sales outlookSAN FRANCISCO — ValueClick Inc.'s shares fell Wednesday after the online advertising company issued lower-than-expected fourth-quarter revenue guidance. On Tuesday, the Westlake Village, Calif.-based company said its third-quarter profit jumped as it cut costs, helping it overcome a 12 percent drop in revenue.

January 20th, 2009 BANGALORE - Wipro Ltd Wednesday projected $1.05 billion (Rs.51.73 billion) revenue from its global IT services for the fourth quarter (January-March) of this fiscal (2008-09). In regulatory filing to the stock exchanges, the IT bellwether said the outlook for this quarter (Q4) was based on revenue from its IT services in the third quarter (October-December) of this fiscal at $1.13 billion under the American accounting system (US GAAP).

September 1st, 2009 Sina gives 3Q outlook below analyst estimatesSAN FRANCISCO — Sina Corp., operator of a leading Chinese Internet portal, on Monday predicted third-quarter revenue that is lower than what analysts expect. Sina is looking for $91 million to $94 million in third-quarter revenue.

August 21st, 2009 Mentor Graphics issues strong 3Q outlookWILSONVILLE, Ore. — Software company Mentor Graphics Corp.

July 7th, 2009 Websense posts 2Q outlook, shares fall after-hoursNEW YORK — Internet filtering and security software maker Websense Inc. said Tuesday it expects adjusted earnings of 30 cents to 32 cents per share for the second quarter.

July 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.

August 20th, 2009 DivX says it has settled lawsuit with YahooSAN DIEGO — Video technology company DivX Inc. said Wednesday it has settled a lawsuit over a license and distribution deal with Yahoo, and raised its financial outlook for the third quarter.

July 23rd, 2009 CA 2Q profit nearly flat, but outlook lifts sharesISLANDIA, N.Y. — Business management software company CA Inc.

July 30th, 2009 Digital River 2Q profit falls but beats estimatesMINNEAPOLIS — E-commerce software provider Digital River Inc. on Wednesday reported better-than-expected adjusted profit and sales for the second quarter, but forecast third-quarter profit below analyst estimates, sending shares tumbling in aftermarket trading.

December 27th, 2008 NEW DELHI - Financial services, information technology, consumer goods, retail and real estate sectors have witnessed the maximum decline in the creation of new jobs because of the economic slowdown, a leading business chamber has said. The Assocham Research Bureau, which tracked job vacancy data in 30 sectors to analyse the creation of new jobs in the economy, found that the 'employment outlook of India has come under severe strain'.

April 29th, 2009 Digital River forecasts 2Q earnings below views MINNEAPOLIS — E-commerce software service company Digital River Inc. said Wednesday it is "cautiously optimistic" about its outlook for 2009.

October 21st, 2009 Premarket roundup: Yahoo, Lockheed MartinAmong the premarket stories for Wednesday, Oct. 21, from AP Financial News: Yahoo Inc.

April 24th, 2009 CIT Group, Pfizer, Microsoft, Ford big movers NEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE CIT Group Inc., down 32 cents at $2.46 Shares tumbled after multiple analysts cut their ratings on the diversified lender a day after it reported a wider-than-expected first-quarter loss. Mohawk Industries Inc., up $11.18 at $49 The floor covering maker's stock soared after it reported strong first-quarter results and gave an earnings outlook above analysts' average forecast.