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Hewlett-Packard's slump continues as revenue drops 10%
Hewlett-Packard Co.'s slump continues. Its quarterly earnings marked the seventh consecutive decline in revenue compared with the same period the previous year. And HP's 10% decrease in revenue during the three months that ended in April was the largest...
Tags: Computer Hardware, Quarterly or Semiannual Financial Statements, Apple Inc., Economy, Business and Finance, Meg Whitman
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Target earnings disappoint, retailer cuts full-year forecast
Target Corp., like many other retail rivals, was laid low in its first fiscal quarter by cold spring temperatures that discouraged seasonal shopping and caused the chain to underperform by even its own metrics. The Minneapolis company said sales at...
Tags: Quarterly or Semiannual Financial Statements, Target Brands, Inc., Walmart, The Home Depot, Gregg Steinhafel
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Report: Apple avoided billions in U.S. taxes on foreign income
This post has been corrected. See the note at the bottom for details WASHINGTON -- Apple Inc. has used an elaborate web of offshore subsidiaries to avoid paying billions of dollars in U.S. taxes on $44 billion in foreign income over the past four years,...
Tags: Barack Obama, Apple Inc., Personal Income, Republic of Ireland, Economy, Business and Finance
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Apple tries not to stand out in the tax-avoidance crowd
Apple found itself in the uncomfortable position Monday of being labeled a corporate bad guy, drawing fire from senior senators in both parties for using subsidiaries in Ireland to reduce its tax bill. But if Apple has its way, its bitter rival Google...
Tags: Crime, Law and Justice, Republic of Ireland, Companies and Corporations, Economy, Business and Finance, Patents, Copyrights and Trademarks
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Apple skirts U.S. taxes, panel finds
WASHINGTON — Apple Inc., one of the most successful and valuable companies on the planet, will be tested Tuesday when Chief Executive Tim Cook testifies about the company's controversial tax practices before a hostile Senate subcommittee. Should...
Tags: Barack Obama, Apple Inc., Personal Income, Republic of Ireland, John McCain
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MGM posts strong first quarter results on "Skyfall," "Hobbit"
Buoyed by the billion-dollar box-office blockbusters “Skyfall” and “The Hobbit: An Unexpected Journey,” MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., posted first-quarter net income of $57.4 million. That was more...
Tags: Quarterly or Semiannual Financial Statements, Economy, Business and Finance, Corporate Officers, Entertainment, MGM Inc.
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Macy's profit rises on solid sales
Macy's Inc. reported a 20% increase in first-quarter profit even though cool temperatures and economic worries damped some shoppers' spending on spring clothes. The company, which also operates the upscale Bloomingdale's chain, is also raising its...Tags: Labor Markets, Ron Johnson, JC Penney Company Inc., Mike Ullman, Macy's, Inc.
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Stock indexes shake off early slide, close higher
Investors nudged the stock market to all-time highs Wednesday despite a handful of disappointing economic reports. Google's stock topped $900 for the first time after the company announced several upgrades to its Android software for smartphones, and...Tags: Money and Monetary Policy, Stock Market, Quarterly or Semiannual Financial Statements, NASDAQ, Financial Markets
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Toyota profit booms
Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback. Toyota Motor Corp., which last year reclaimed the title of world's...
Tags: Money and Monetary Policy, Shinzo Abe, China Earthquake (2010), Hyundai, Honda
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Disney's profit and revenue soar on "Oz," parks, ESPN
Walt Disney Co. reported a massive jump in net income for its fiscal second quarter, lifted by the performance of its media networks, movie studio and theme parks. The Burbank company posted net income of $1.51 billion for the quarter that ended March...
Tags: Gaming, Oz the Great and Powerful (movie), Quarterly or Semiannual Financial Statements, The Avengers (movie, 2012), Television Industry
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DreamWorks Animation posts profit with assist from 'Croods'
DreamWorks Animation has a bunch of cavemen to thank for getting some fresh Wall Street love. Analysts responded positively to news that the Glendale studio had scored with its prehistoric feature "The Croods," which helped drive first-quarter profit to...
Tags: Twentieth Century Fox Film Corp., Quarterly or Semiannual Financial Statements, Kung Fu Panda (movie), Los Angeles Hotels, China
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Dow continues to sizzle, topping 15,000 for the first time
NEW YORK — Another day, another milestone on Wall Street. The red-hot Dow Jones industrial average barreled past 15,000 to close Tuesday at its highest point in history. It marked the 16th record close for the blue-chip index this year and...
Tags: Money and Monetary Policy, Stock Market, Apple Inc., Credit Ratings, Federal Reserve
May 23, 2013
|Story| AP Member Choice Complete
May 22, 2013
|Story| Los Angeles Times
May 20, 2013
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May 20, 2013
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May 20, 2013
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May 16, 2013
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May 15, 2013
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May 15, 2013
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May 8, 2013
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May 7, 2013
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May 1, 2013
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May 7, 2013
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