Diversified U.S. manufacturer Honeywell International Inc reported a 38 percent drop in profit and cut its full-year earnings forecast to more closely match analysts' expectations, citing the weak economy.
Diversified U.S. manufacturer Honeywell International Inc reported a 38 percent drop in profit and cut its full-year earnings forecast, citing the slumping economy.
Stock index futures pointed to a higher open on Friday after Ford Motor Co reported better-than-expected results as investors awaited data on manufacturing and housing.
Samsung Electronics held off calling a recovery in its memory chip and flat panel businesses, though its mobile phone margins have overtaken those of market leader Nokia.
Samsung Electronics, the world's top maker of memory chips and LCD screens, reported a 72 percent drop in quarterly profit and said it was too early to call a recovery in demand or prices.
Samsung Electronics , the world's top maker of memory chips and LCD screens, reported on Friday a 72 percent drop in quarterly net profit on weak chip prices, but the result vastly exceeded forecasts thanks to strong handsets.
Samsung Electronics , the world's top maker of memory chips and LCD screens, reported on Friday a much better-than-expected profit as strong sales of its mobile phones offset another weak quarter for chips and LCD screens.
U.S. stocks declined on Thursday as bleak reports on housing and the labor market dented hopes the economic slump was abating and outlooks from bellwethers like UPS heightened worries about corporate profits.
U.S. stocks declined on Thursday as bleak reports on housing and the labor market dented hopes the economic slump was abating and outlooks from bellwethers like UPS heightened worries about corporate profits.
Nokia, the world's biggest maker of cell phones, said on Thursday it was too early to say whether demand for handsets has bottomed out.
Wall Street was set for a higher open on Thursday after positive results from companies like Apple Inc and Hershey Co suggested some businesses weathered the deep recession in the first quarter.
Electronics retailer RadioShack Corp reported a higher-than-expected quarterly profit, bolstered by strong sales of its digital converter boxes, postpaid wireless and flat-panel televisions.
Electronics retailer RadioShack Corp reported a higher-than-expected quarterly profit on Thursday, bolstered by strong sales of its digital converter boxes, postpaid wireless and flat-panel televisions.
Stock index futures pointed to a higher open on Thursday after earnings from companies like Apple Inc and Hershey Co suggested some businesses weathered the recession in the first quarter.
Electronics retailer RadioShack Corp reported a higher-than-expected quarterly profit, bolstered by strong sales of its digital converter boxes, postpaid wireless and flat-panel televisions.
Amazon has always been very secretive on anything related to cost and sales figures surrounding its Kindle 2 e-reader, however, a new report by market research firm iSuppli may answer speculation.
Japan's Canon Inc is expected to report an operating profit for the January-March quarter on brisk sales of single-lens reflex cameras and a weak yen, the Nikkei business daily reported without citing sources.
Apple Inc posted stronger-than-expected quarterly results on strong iPhone sales, and gave a typically conservative outlook for the current quarter, which failed to dampen enthusiasm from investors.
Apple Inc posted stronger-than-expected quarterly results on strong iPhone sales, and gave a typically conservative outlook for the current quarter, which failed to dampen enthusiasm from investors.
Operator T-Mobile UK is to offer a BlackBerry phone with a year's unlimited email and Internet access and pay-as-you-go calls in exchange for a one-off fee in its bid to lure more small business and young customers.
AT&T Inc posted a smaller-than-expected drop in quarterly profit on improved margins for its wireless service, helped by the iPhone, and strong growth for its video and high-speed Internet service.
AT&T Inc posted a smaller-than-expected drop in quarterly profit on strong subscriber growth for its video and high-speed Internet service, as well as improved margins for its wireless service.
