Voices

Intuit Profit Down 40 Percent as Tax Season Delayed

Intuit Inc.’s fiscal second-quarter profit fell 40 percent as the financial software provider grappled with a later-than-expected start to the 2013 tax filing season.

Voices

What the Facebook Skeptics Know

Never buy when insiders are selling.

Voices

Best Buy Cuts 2,400 More Jobs

Best Buy Co., the largest U.S. electronics retailer, is cutting 2,400 jobs, or 1.4 percent of its total, as the retailer seeks to cut costs amid increased competition from online retailers and lower sales of its bread-and-butter televisions and notebook computers.

Voices

Will HP Bottom Out Any Time Soon?

A lot of tech investors are watching Hewlett-Packard Co. closely, waiting for it to bottom out. The question is whether it ever recovers once it hits bottom.

Voices

Groupon Tumbles as Sell Restriction Expires

Shares of daily-deals Web site Groupon Inc. fell to a record low Friday as a restriction on insider selling expired.

Voices

Google’s Web Search Market Share Rises in April

Google Inc. slightly increased its leading market share among U.S. Internet-search engines last month, while Microsoft Corp.’s Bing search engine also gained market share, according to market researcher comScore Inc.

Voices

eBay Profit Declines, as Sales Rise 25 Percent

eBay Inc. posted lower earnings Wednesday, but the online retailer’s 25 percent revenue increase was offset by its recent acquisition of an e-commerce and marketing firm.

Voices

Qualcomm Earnings Jump, Beating Estimates

Qualcomm Inc. reported a 35 percent jump in earnings on Wednesday afternoon thanks to strong demand for wireless devices that utilize the company’s CDMA technology.

Online Purchases Helped Boost Strong Retail Sales in 2010

Don’t call it a boom yet, but retail sales in 2010 saw the biggest gains since 1999, with the help of online retailers like Amazon.

News Byte

Retailers Expected to Report Best December Since 2006

Confident consumers continued to spend up until the end of the year, putting some retailers on track to post their best same-store sales for the month of December in four years, MarketWatch reports. Retailers are expected to report final numbers on Thursday for the busiest month of the year, but already some retailers, like Barnes & Noble, have reported preliminary holiday results, revealing that spending was up 9.7 percent. Overall, research firm Retail Metrics is expecting December sales at stores open at least a year to jump 3.4 percent compared to last year.

Intel Outside