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Citigroup Loses $2.5B, Beats Expectations Citigroup posts a loss as more consumers fail to make loan payments. Home > Rss Directory > Business > ABC News |
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3M Profit Beats Expectations The company said fourth-quarter earnings fell from year-ago results that included a one-time gain. But adjusted profit exceeded expectations on Wall Street, driven by higher sales. Home > Rss Directory > Business > NY Time |
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Tyco Quarterly Profit Beats Expectations The manufacturer said earnings fell 54 percent from a year-ago period which included its former health-care and electronics units. Adjusted profit topped Wall Street expectations by a wide margin. Home > Rss Directory > Business > NY Time |
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Best Buy Beats Expectations The electronics retailer said its first-quarter profit fell 7 percent, but it still beat Wall Street’s expectations because of a lower share count and a rise in revenue. Home > Rss Directory > Business > NY Time |
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Best Buy Beats Expectations The electronics retailer said its first-quarter profit fell 7 percent, but it still beat Wall Street’s expectations because of a lower share count and a rise in revenue. Home > Rss Directory > Technology > NY Time |
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Harley Profit Tumbles, but Beats Expectations A weak economy, record gas prices and lower consumer confidence continued to hobble the iconic motorcycle maker’s shipments and sales. But the earnings beat expectations. Home > Rss Directory > Business > NY Time |
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Mattel’s Profit Falls Sharply, but Beats Expectations The toy maker said second-quarter profit fell by nearly half, hurt by lower global demand for Barbie toys and higher costs, but results still beat Wall Street expectations. Home > Rss Directory > Business > NY Time |
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Lowe’s Profit Drops, but Beats Expectations The home improvement retailer reported a 7.9 percent decline in second-quarter profit, but topped Wall Street expectations as it benefited from expense controls and government stimulus checks. Home > Rss Directory > Business > NY Time |
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Lowe’s Profit Falls, but Beats Expectations The home improvement chain said its profit fell nearly 8 percent but managed to top Wall Street expectations, helped by expense controls and better-than-expected sales. Home > Rss Directory > Business > NY Time |
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Genentech Beats Forecast but Slips on a Core Drug’s Sales Genentech reported a 6 percent rise in fourth-quarter profit, but its stock slipped after news that its cancer drug, Avastin, failed to meet sales expectations. Home > Rss Directory > Business > NY Time |
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Genentech Beats Forecast but Slips on a Core Drug’s Sales Genentech reported a 6 percent rise in fourth-quarter profit, but its stock slipped after news that its cancer drug, Avastin, failed to meet sales expectations. Home > Rss Directory > Technology > NY Time |
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eBay beats Wall Street, CEO to retire eBay exceeded Wall Street's earnings and revenue expectations for its fourth quarter and, as expected, announced that Meg Whitman will step down as president and CEO at the end of March, ending a 10-year tenure at the helm of the e-commerce giant. Home > Rss Directory > Technology > InfoWorld |
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Update: Microsoft beats forecasts for Q2 Microsoft beat Wall Street expectations for both revenue and EPS (earnings per share) for its fiscal 2008 second quarter, attributing its strong quarter to sales of core client products, such as Windows Vista and Office 2007, as well as Exchange and SharePoint server Home > Rss Directory > Technology > InfoWorld |
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Bristol Profit Beats Forecasts, Helped by Plavix NEW YORK (Reuters) - Bristol-Myers Squibb Co on Thursday reported second-quarter earnings that beat expectations, fueled by higher sales of its prescription drugs, including blood-clot preventer Plavix. Home > Rss Directory > Business > NY Time |
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Verizon Q2 Beats; FIOS Starts to Edge Out DSL Verizon's Q2 earnings rise 12%, beating expectations, while revenue slightly lags. Other highlights: Customers are dropping landlines faster than ever before; DSL subscriptions decrease for the first time and FIOS increases; the company has started selling cable-TV service over FiOS in New York City Home > Rss Directory > Business > Wired News |
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Citigroup Posts Record Loss on $18 Billion Writedown (Update6) - Bloomberg Boston GlobeCitigroup Posts Record Loss on $18 Billion Writedown (Update6)Bloomberg - 5 hours agoBy Bradley Keoun Jan. 15 (Bloomberg) -- Citigroup Inc. posted the biggest loss in the bank's 196-year history as surging defaults on home loans forced it to write down the Home > Rss Directory > General > Google News |
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Citigroup: Microsoft likely to raise bid for Yahoo Microsoft will most likely increase its initial $44.6 billion bid for Yahoo, according to a Citigroup Investment Research analyst."We believe that a Yahoo sale to Microsoft -- at a price higher than the initial Home > Rss Directory > Technology > InfoWorld |
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Investors Flee Chief’s Fund at Citigroup The chief executive of Citigroup, Vikram S. Pandit, finds himself in the position of having to restructure or make changes at the hedge fund he co-founded and that Citigroup purchased. Home > Rss Directory > Business > NY Time |
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Citigroup to shed more than $400B - CNNMoney.com CNNMoney.comCitigroup to shed more than $400BCNNMoney.com - 1 hour agoThe banking icon expects to sell certain businesses over the next 2 to 3 years. CEO: 'It's all about getting fit.' By David Ellis, CNNMoney.Citigroup Plans to Shed About $400 Billion of Assets (Up Home > Rss Directory > General > Google News |
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Citigroup Closes Hedge Fund Started by Pandit Old Lane Partners, co-founded by Citigroup’s chief executive, Vikram Pandit, will be closed 11 months after it was acquired by Citigroup for more than $800 million. Home > Rss Directory > Business > NY Time |