Internet ad revenue falls 5 pct in first quarter, first year-over-year decline since 2002

October 6th, 2009 Medicines sets 3Q revenue outlook below forecastsPARSIPPANY, N.J. — Drugmaker Medicines Co.

October 5th, 2009 US online ads fell 5 pct to $5.43 billion in 2QNEW YORK — Newly released statistics show that Internet advertising in the U.S. fell 5 percent in the second quarter as the recession continued to crimp marketing budgets.

August 28th, 2009 Chipmaker Marvell's 2Q profit falls as sales dropSANTA CLARA, Calif. — Marvell Technology Group Ltd., which makes chips used in phone networks, said Thursday its second-quarter net income fell 18 percent to $58.5 million as revenue slumped.

August 27th, 2009 Newspaper slump deepens as 2Q ad sales fall 29 pctWASHINGTON — Newspaper advertising sales shrank by another $2.8 billion in the second quarter, a 29 percent decline from the same time last year. The numbers released Thursday by the Newspaper Association of America show the industry's financial woes deepened in the April-June period.

August 27th, 2009 Heico 3Q profit falls as air travel slumpsHOLLYWOOD, Fla. — Aerospace and defense company Heico Corp.

August 19th, 2009 JDS Uniphase 4Q loss widens as revenue dips 29 pctMILPITAS, Calif. — Communications equipment maker JDS Uniphase Corp.

August 6th, 2009 ON Semiconductor posts 2Q loss as revenue fallsPHOENIX — Chip maker ON Semiconductor Corp. reported a loss for the second quarter after booking restructuring and other charges as revenue fell.

July 29th, 2009 Akamai 2Q profit up, but is short of expectationsCAMBRIDGE, Mass. — Akamai Technologies Inc.

July 27th, 2009 Actuate 2Q profit clipped as revenue falls 15 pctSAN MATEO, Calif. — Actuate Corp.

June 25th, 2009 Acxiom sees sharp decline in fiscal 1Q revenueLITTLE ROCK, Ark. — Interactive marketing consultant Acxiom Corp.

May 29th, 2009 Time Warner CEO hints at online fees for magazinesNEW YORK — One of the world's largest magazine publishers appears to be having second thoughts about giving away most of its articles on the Internet. Time Warner CEO Jeffrey Bewkes told an investor conference Friday that he doesn't think it makes much sense for publishers to provide their content without a way to recover the production costs.

May 8th, 2009 Embarq's 1Q profit falls 18 percentKANSAS CITY, Mo. — Embarq Corp., the nation's fourth-largest traditional telephone company, said Wednesday its first-quarter profit fell 18 percent as business customers dropped service and the company lost money on the sale of its logistics unit.

April 29th, 2009 Waste Managment 1Q fallS 36 pct, hurt by recyclingHOUSTON — Waste Management Inc., the nation's largest garbage collector, says its first-quarter profit fell 36 as the recession hurt prices of recycled goods and lowered the amount of trash picked up. The Houston-based company says net income totaled $155, or 31 cents per share, down from $241 million, or 48 cents, in the first quarter of 2008.

April 17th, 2009 SAN FRANCISCO - Internet search powerhouse Google bucked the economic downturn in the first quarter, posting an 8.9-percent rise in profits as revenues climbed 6.2 percent. The Silicon Valley-based online advertising giant earned $1.42 billion in the quarter, up from $1.31 billion in the same quarter a year ago.

January 12th, 2009 NEW DELHI - The Indian telecom sector continued its robust growth with the wireless market growing at 9.91 percent and churning revenues worth Rs.371 billion (Rs.37,196 crore) for the second quarter ending September, an official agency said Tuesday. A total of 28.44 million subscribers was added in this quarter, the Telecom Regulatory Authority of India (TRAI) said in a statement.