Investors focus on GM, cable stocks after hours (MENAFN)

May 30th, 2009

Investors focus on GM, cable stocks after hours

Dell profit falls, but beats estimate (National Post)

May 30th, 2009

Dell Inc, the world’s No. 2 PC maker, narrowly beat analysts’ expectations for sharply reduced profit on Thursday, even as the global downturn hit technology spending, helping its shares rise after hours

Portsmouth area community calendar (Portsmouth Herald)

May 30th, 2009

Portsmouth

IN BRIEF (Las Vegas Review-Journal)

May 30th, 2009

Reno company buys two LV radio stations

Cisco to record $130 million tax-related charge (San Diego Union-Tribune)

May 30th, 2009

Computer networking gear maker Cisco Systems Inc. on Friday said current fourth-quarter earnings per share will be 2 cents to 3 cents lower due to a tax-related charge.

Shares of G.M. Plumb New Lows (New York Times)

May 29th, 2009

The spiral for G.M. shares would surprise executives of past decades.

Cisco to record $130 million tax-related charge (AP via Yahoo! News)

May 29th, 2009

Computer networking gear maker Cisco Systems Inc. on Friday said current fourth-quarter earnings per share will be 2 cents to 3 cents lower due to a tax-related charge.

After 93 Years, G.M. Shares Go Out on a Low Note (New York Times)

May 29th, 2009

Anyone who grew up thinking of General Motors stock as a blue-chip investment probably wept a little on Friday. Or maybe buckets of tears.

After Hours: Investors focus on GM, cable stocks after hours (Market Watch)

May 29th, 2009

Investors are expected to key on trading in shares of General Motors Corp. and cable companies, including Comcast Corp., in the after-hours session.

Dell profit falls, but beats estimate (CIOL)

May 29th, 2009

SEATTLE, USA: Dell Inc , the world’s No. 2 PC maker, narrowly beat analysts’ expectations for sharply reduced profit on Thursday, even as the global downturn hit technology spending, helping its shares rise after hours.

Dell profit falls, but beats estimate (The Edge Daily)

May 28th, 2009

SEATTLE: Dell Inc, the world’s No. 2 PC maker, narrowly beat analysts’ expectations for sharply reduced profit on May 28, even as the global downturn hit technology spending, helping its shares rise after hours, according to Reuters.

Chip maker OmniVision books 4Q loss as sales drop (Boston Globe)

May 28th, 2009

OmniVision Technologies Inc. , which makes image-sensing chips, said Thursday it booked a loss for its fiscal fourth quarter as sales tumbled and margins were squeezed by lower prices. But results still topped Wall Street expectations, sending shares up 6 percent in after-hours trading.

Dell profit falls, but beats estimate (Reuters via Yahoo! News)

May 28th, 2009

Dell Inc, the world’s No. 2 PC maker, narrowly beat analysts’ expectations for sharply reduced profit on Thursday, even as the global downturn hit technology spending, helping its shares rise after hours.

After Hours: Dell rises, Marvel dips after reports (Market Watch)

May 28th, 2009

Dell posts a steep drop in profit, but the decline isn’t as bad as Wall Street expected, helping to minimize declines in the broader technology sector.

DSW posts lower 1Q profit, shares tumble (AP via Yahoo! Finance)

May 27th, 2009

Shoe retailer DSW Inc. posted a decline in its first-quarter profit Wednesday as same-store sales dropped amid the economic turmoil.

(AFX UK Focus) 2009-05-27 21:47 UPDATE 1-TiVo results top Street forecast (Interactive Investor)

May 27th, 2009

SAN FRANCISCO, May 27 (Reuters) - Digital video recorder maker TiVo Inc reported stronger-than-expected results as it managed to control costs, helping its shares rise 2 percent. The company said on Wednesday it swung to a net loss of $4.1 million, or 4 cents a share, in the fiscal first quarter ended April 30, from a profit of $3.6 million, or 4 cents a share, in the year-ago period. The …

Sigma Designs 1Q Net Down 58% On Lower Sales, Charge (Nasdaq)

May 27th, 2009

Sigma Designs Inc.’s (SIGM) fiscal first-quarter profit dropped 58% on lower sales and margins as well as a tax-related charge. Shares rose 2.8% to $17.10 in after-hours trading as the chip maker’s results topped Wall Street’s expectations.

TiVo results top Street forecast (Reuters via Yahoo! News)

May 27th, 2009

Digital video recorder maker TiVo Inc reported stronger-than-expected results as it managed to control costs, helping its shares rise 2 percent.

After Hours: TiVo falters, DSW skids on quarterly results (Market Watch)

May 27th, 2009

Shares of the digital-video recording firm reverse lower in late trading after it said it lost less money than expected.

Highwoods Properties to sell 5.8M shares (The Business Journal of the Greater Triad Area)

May 27th, 2009

Raleigh-based Highwoods Properties has put together a syndicate of three investment banks, with Merrill Lynch in the lead, to sell 5.8 million shares of common stock. (HIW)

LED chip sales give Cree a boost (The News & Observer)

May 27th, 2009

Cree shares jumped above $30 in after-hours trading Tuesday, the highest level in more than a year, after the Durham company raised its revenue and profit targets for the current quarter.

Cree shares light up on higher guidance (BizJournals)

May 26th, 2009

Cree Inc., citing stronger-than-expected orders for its light-emitting diodes and LED lighting products, on Tuesday raised its revenue and profit targets for the fiscal fourth quarter. Investors responded by boosting the Durham company’s shares in after-hours trading.

Donaldson cuts outlook after earnings report (AP via Yahoo! Finance)

May 26th, 2009

Donaldson Co. Inc., which makes filtration systems, on Tuesday again lowered its full-year profit guidance and forecast sales below current Wall Street expectations, sending shares tumbling in after-hours trading.

Cree raises 4Q outlook on stronger booking trends (AP via Yahoo! Finance)

May 26th, 2009

LED lighting company Cree Inc. boosted its fourth-quarter revenue guidance late Tuesday on stronger-than-expected booking trends, sending shares higher in after-hours trading.

Cree shares surge on sales projection (The News & Observer)

May 26th, 2009

Cree shares jumped above $30 in after-hours trading this afternoon, the highest level in more than a year, after the Durham company raised its revenue and profit targets for the current quarter.

After Hours: Cree among biggest gainers in late-trading session (Market Watch)

May 26th, 2009

Cree rises 8% in late trading after the lighting company raises its outlook.

Hong Kong’s Stock Index Falls Below 17,000 After Missile Report (Bloomberg)

May 26th, 2009

May 26 (Bloomberg) — Hong Kong stocks fell as investors took profit amid political tensions after Yonhap News reported that North Korea test fired two short-range missiles.

Russian Stocks Fall as Ruble Drops Most in Month; VTB Slides (Bloomberg)

May 26th, 2009

May 26 (Bloomberg) — Russia’s Micex Index fell for a second day, led by banking shares as the ruble declined the most against the dollar in more than a month.

UAE shares retreat on profit taking (MENAFN)

May 26th, 2009

UAE shares retreat on profit taking

Shares Retreat on Profit Taking (Khaleej Times)

May 25th, 2009

DUBAI - UAE shares retreated on Monday, with the Dubai bourse weighed down by Emaar Properties, while energy stocks fell in Abu Dhabi.

Oil Falls on Speculation Rally May Be Unsustainable (Correct) (Bloomberg)

May 25th, 2009

(Corrects date in seventh paragraph.) May 25 (Bloomberg) — Crude oil futures fell below $61 a barrel, extending their decline amid speculation that this year’s 37 percent rally is unsustainable in light of poor economic data and a stronger dollar.

IMF’s Lipsky Says Rising Oil Reflects Confidence About Growth (Bloomberg)

May 25th, 2009

May 25 (Bloomberg) — International Monetary Fund First Deputy Managing Director John Lipsky said rising oil prices reflect expectations that the recession may be easing and that demand is poised to recover.

Canada’s Dollar Falls From Highest Since October as Crude Drops (Bloomberg)

May 25th, 2009

May 25 (Bloomberg) — Canada’s dollar weakened from the highest level in more than seven months as crude oil dropped and on speculation recent gains may be excessive.

Bovespa Index Futures Falls on Oil Decline; Petrobras May Drop (Bloomberg)

May 25th, 2009

May 25 (Bloomberg) — Brazil’s Bovespa index futures fell as oil prices slipped and investors speculated the highest valuations in at least five years may not be justified as global economic growth slows.

Oil Falls on Speculation Rally Is Unsustainable, Rising Dollar (Bloomberg)

May 25th, 2009

May 25 (Bloomberg) — Crude oil futures fell below $61 a barrel, extending their decline amid speculation that this year’s 37 percent rally is unsustainable in light of poor economic data and a stronger dollar.

Why economists failed to predict the financial crisis (MENAFN)

May 24th, 2009

Why economists failed to predict the financial crisis

Obama hopes for leaner, meaner GM, Chrysler after complete restructuring (MENAFN)

May 24th, 2009

Obama hopes for leaner, meaner GM, Chrysler after complete restructuring

Park passes muster with Leverich family (The Columbian)

May 24th, 2009

It was a great day for a reunion, in a spruced-up park designed for family-friendly fun.Particularly for this family. A century ago, the place was theirs.The name on the signs…

US official urges OPEC to stabilize oil as IEA warns of higher prices (MENAFN)

May 24th, 2009

US official urges OPEC to stabilize oil as IEA warns of higher prices

B. of A. tops movers, GMAC needs to cut costs (MENAFN)

May 24th, 2009

B. of A. tops movers, GMAC needs to cut costs

Limited Brands 1Q profit is better than expected (The Washington DC Examiner)

May 23rd, 2009

NEW YORK – Clothing and personal care products retailer Limited Brands Inc . posted a surprise first-quarter profit on Wednesday, as its cost-cutting efforts offset lower sales.

Send us your feedback (Zawya)

May 23rd, 2009

Loading … NEW YORK (Dow Jones)–U.S. stock futures rose on Friday ahead of the Memorial Day break, as bears may take advantage of what could be light volumes to close out negative bets.

(AFX UK Focus) 2009-05-22 22:38 UPDATE 1-TXCO Resources to borrow $12.5 mln from DIP facility (Interactive Investor)

May 22nd, 2009

TO BORROW UP TO $12.5 MLN FROM $32 MLN DIP FACILITY * Court approves all first-day motions * Receives delisting notice from Nasdaq * Shares down 8 percent in after-hours trading May 22 (Reuters) - TXCO Resources Inc, which filed for Chapter 11 bankruptcy protection on Monday, said it received court approval to borrow up to $12.5 million under its proposed $32 million debtor-in-possession (DIP) …

After Hours: B. of A. tops movers, GMAC needs to cut costs (Market Watch)

May 22nd, 2009

Nasdaq shares tip lower in a quiet after-hours trading session, with Bank of America topping Big Board movers.

Autodesk beats Street, cuts jobs, shares rise (EETimes)

May 22nd, 2009

Engineering software maker Autodesk Inc. beat Wall Street’s quarterly earnings expectations and announced new job cuts to save money Thursday, sending its shares up 13 percent after hours. Related: Autodesk - Wall Street - Business and Economy - Business - Technology

Verigy posts smaller-than-expected fiscal 2Q loss (Boston Globe)

May 21st, 2009

Verigy Inc., which makes test equipment for semiconductor makers, on Thursday reported a fiscal second-quarter loss, reversing a year-ago profit, as demand dropped for its products and services. But the results were better than analysts expected, sending Verigy shares up $1.24, or 11 percent, in after-hours trading.

Asian Shares Fall On Fiscal And Econ Woes; Techs, Autos Drop (INO News)

May 21st, 2009

SINGAPORE (Dow Jones)–Asian share markets were falling Friday with fiscal and economic concerns dragging on sentiment. Stocks tied to a recovery in growth, including technology and automotive shares, were leading the way lower.

(AFX UK Focus) 2009-05-21 23:38 UPDATE 2-Autodesk beats Street, cuts jobs, shares rise (Interactive Investor)

May 21st, 2009

LOS ANGELES, May 21 (Reuters) - Engineering software maker Autodesk Inc beat Wall Street’s quarterly earnings expectations and announced new job cuts to save money on Thursday, sending its shares up 13 percent after hours. The company, which said in January it would cut 750 jobs, or about 10 percent of its workforce, is to cut a further 430 jobs and close some facilities, taking restructuring …

Sears Swings To First-quater Profit; Shares Rise (Fox News)

May 21st, 2009

Sears Swings To First-quater Profit; Shares Rise

After Hours: Gap advances; Autodesk surges (Market Watch)

May 21st, 2009

Shares of Gap Inc. advance after the retailer tops forecasts for lower quarterly profit, while Autodesk shares surge after the software maker says it will cut jobs.