earnings

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Intuit Q3 Earnings Rise 12 Percent

Kristin Jones, Reporter, MarketWatch in News on May 21 at 3:51 pm PT

Intuit Inc.’s fiscal third-quarter earnings rose 12 percent as the company attracted more online customers for its small business services.

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Best Buy Posts Loss on Lower Revenue

Drew FitzGerald, Reporter, The Wall Street Journal in Commerce on May 21 at 11:50 am PT

Best Buy Co. ramped up cost-cutting during its fiscal first quarter as its retail revenue continued to slide. Online sales improved, however.

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Dell to Miss Profit Estimates, Beat on Revenue

Shira Ovide, Reporter, The Wall Street Journal in News on May 14 at 12:26 pm PT

Dell Inc. plans to report quarterly financial results on Thursday that are significantly lower than Wall Street expectations of profit, but higher-than-expected in revenue, according to a person briefed on the results.

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Sharp Loss Widens to $5.36 Billion

Mayumi Negishi and Daisuke Wakabayashi, Reporters, The Wall Street Journal in News on May 14 at 6:30 am PT

After posting an annual net loss of ¥545 billion ($5.4 billion), the biggest in its 100-year history, Sharp Corp. said it plans to replace both its president and chairman after just one year in an unusually public rebuke of former management that underscores the depth of the struggling electronics maker’s problems.

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Cisco Tries Reinvention in Tough Time

Drew FitzGerald, Reporter, The Wall Street Journal in Enterprise on May 13 at 12:42 pm PT

Cisco Systems Inc. shares tumbled this time last year after executives warned their biggest corporate customers were ordering less equipment. If history repeats itself this week, the networking giant will join a dreary but growing club.

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Panasonic Posts Another Full-Year Loss

Daisuke Wakabayashi, Reporter, The Wall Street Journal in News on May 10 at 4:04 am PT

Panasonic Corp. Friday posted net losses exceeding ¥750 billion ($7.4 billion) for the second straight year, dragged down by hefty restructuring charges aimed at fixing its ailing electronics business.

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Nvidia Q1 Profit Rises 29 Percent as Revenue, Margins Strengthen

Tess Stynes, Reporter, The Wall Street Journal in News on May 9 at 3:12 pm PT

However, the company’s projected revenue for the current quarter was below expectations.

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Sony Swings to Profit

Daisuke Wakabayashi, Reporter; The Wall Street Journal in News on May 9 at 4:30 am PT

Sony Corp. said Thursday it swung back to a profit in its fiscal fourth quarter, lifted by one-time gains from the sale of office buildings and shareholdings.

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Activision Warns on World of Warcraft

Ian Sherr, Reporter, The Wall Street Journal in News on May 8 at 4:44 pm PT

Despite a strong first quarter, Activision Blizzard Inc. said its cash cow World of Warcraft fantasy game is losing subscribers, and new videogame consoles may not lead to the sales growth some investors expect.

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HTC: We’re Recovering

Eva Dou, Reporter, The Wall Street Journal in Mobile on May 2 at 5:22 am PT

The company forecast its revenue for the second quarter to return to around 70 billion New Taiwan dollars ($2.37 billion), from a low of NT$42.8 billion in the first quarter. That second-quarter figure would still be 23% lower than the NT$91.04 billion posted a year earlier.