Brocade shares climb premarket following report company is up for saleOctober 5th, 2009 Ahead of the Bell: Brocade shares jumpNEW YORK — Shares of Brocade Communications Systems Inc. jumped in premarket trading Monday after a report the network gear and data storage company is up for sale.
Salesforce.com 2nd-quarter profit surges, tops Wall Street expectations; shares jumpAugust 21st, 2009 Salesforce.com 2Q profit soars, sales climbSAN FRANCISCO — Sales management software maker Salesforce.com Inc. said Thursday its fiscal second-quarter profit more than doubled as the company added thousands of new customers and grew its revenue.
CIT Group, Chevron, AIG, Shaw Group, Yahoo are among big market movers FridayJuly 10th, 2009 CIT Group, Chevron, AIG are big moversNEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
CIT Group Inc., down 33 cents at $1.53
Analysts said the commercial lender is facing a liquidity crisis if the government chooses not to give federal backing for its bonds. Chevron Corp., down $1.68 at $61.40
The oil company said its second quarter results will likely be much lower than last year as refining margins tumbled in the U.S.
Analog Devices shares advance after analyst upgrades on cost cutsJune 25th, 2009 Analog Devices shares climb after upgradeNEW YORK — Shares of Analog Devices Inc. climbed Thursday after a Raymond James analyst upgraded the chip maker, saying it is "getting into fighting shape" by cutting expenses, which could boost its margins.
Yahoo CEO Carol Bartz predicts increased spending in 3Q will yield long-term dividendsJuly 22nd, 2009 On The Call: Yahoo CEO Carol BartzYahoo sometimes confuses analysts by lowering its expenses only to wipe out some of the savings by increasing spending later. It looks like that is about to happen again.
Yahoo shares rise on report of renewed talks with Microsoft about search advertising dealJuly 17th, 2009 Yahoo rallies on renewed hopes for Microsoft dealYahoo Inc. shares rose 4 percent Friday amid speculation it will team up with Microsoft Corp.
On The Call: Michael Dell talks profit margins after better-than-expected quarterAugust 28th, 2009 On The Call: Dell talks profit marginsSAN FRANCISCO — A key surprise in Dell Inc.'s latest quarterly numbers was a better-than-expected gross profit margin, which refers to the amount of money Dell made on each dollar of revenue, before taxes and other expenses are stripped out. Gross margin is a closely watched figure that measures how well a company is controlling its costs.
IBM's 2nd-quarter sales expected to dip, but profit seen higher in Thursday's reportJuly 16th, 2009 Ahead of the Bell: IBM to post 2Q resultsSAN FRANCISCO — IBM Corp. will report second-quarter results Thursday amid an unsettled technology market that's been sending mixed signals.
EMC 1Q profit sinks 23 pct on charges, weak data-storage spending; sales miss expectationsApril 23rd, 2009 EMC 1Q profit drops 23 pct, sales miss viewSAN FRANCISCO — EMC Corp.'s first-quarter profit dropped 23 percent on weakness in data-storage spending, which until recently had been fairly resilient to the recession. CEO Joe Tucci predicted that slumping information technology spending "has reached or is very near the bottom" and should rebound in the second half of this year.
Microsoft shares surge up; investors welcome cost cutting measuresApril 25th, 2009 Cost-cutting saves Microsoft stock after rough 3Q
SEATTLE — Shares of Microsoft Corp. jumped more than 10 percent Friday, the first trading session since the software maker said sinking personal computer shipments pushed sales and earnings down significantly from a year ago.
Openwave falls 10 percent after analyst questions turnaround strategy, cuts to 'underperform'August 3rd, 2009 Openwave down 10 percent on analyst downgradeNEW YORK — Shares of mobile technology software maker Openwave Systems Inc. fell more than 10 percent Monday after an analyst downgraded the shares on disappointing earnings results and an unclear turnaround plan.
IBM forecasts $9.20 profit per share - Do you have your stocks ready?May 14th, 2009 IBM backs full-year profit forecast
NEW YORK — IBM Corp. is again backing its forecast for profit of $9.20 per share this year.
Red Hat posts higher 2nd-quarter profit, sales; shares jump after hoursSeptember 23rd, 2009 Red Hat posts higher 2Q profit, salesRALEIGH, N.C. — Red Hat Inc., the software distributor behind the Linux operating system, said Wednesday its fiscal second-quarter profit grew as companies opted for its source products amid the economic downturn.
The tale of the tape on Microsoft and YahooJuly 29th, 2009 Microsoft and Yahoo at a glanceSome facts about Microsoft Corp. and Yahoo Inc., which announced a 10-year search advertising partnership Wednesday:
Microsoft:
— Founded: 1975 by Bill Gates and Paul Allen to bring the Basic programming language to an early computer, the Altair 8800.
Alvarion shares jump after deal with Italian wireless Internet companyJune 23rd, 2009 Alvarion shares climb after Italy dealNEW YORK — Shares of Alvarion Ltd. jumped Tuesday after the Israeli provider of wireless broadband technology and services said it was chosen to deploy a nationwide mobile wireless data network in Italy.
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