Intel profits dive 90 per cent

Intel profits dive 90 per cent In its fourth quarter earnings report Intel has reported sharply reduced profits and has refused to issue a revenue ... their mobile handsets may soon have help in the form of legal shelter. ASA raps Contractor UK over web ... IT recruitment firm Contractor UK over claims that it is the “the UK’s most visited IT [more...]

Date: 2009-01-16 01:19:36

Blog posts (104) | Videos (1)
 

Curbed Interview: Jonathan Miller Breaks Down the Madness

On the eve of the release of the major brokerages' third-quarter Manhattan real estate market reports, ... report, Curbed graph guy, lowly blogger and overall swell dude (even if he lives in Connecticut ... , and the story with inventory. The focus, in my view, is where inventory is going. A lot of the data [more...]

Date: 2008-10-03 14:43:28

Do I need another credit report?

The following post in our Reader Question series is an actual user submitted question ... about him. A: We recommend checking your credit report and score at least once per quarter ... of the information in your credit report can literally save you hundreds or even thousands of dollars on a loan [more...]

Date: 2009-01-12 19:10:54

2008-09 Quarterly Report - Q1

Believe it or not, we’re already one-quarter of the way through the regular season ... First Quarter Report.  (all stats and records through Sun. Dec. 7th) Top Storyline. Nothing could ... . photo credit: Men’s Health The Impact of the Longer Three. To all those coaches who said they didn’ [more...]

Date: 2008-12-08 22:47:38

4th Quarter 2008 Market Report

4th Quarter 2008 Market Report January 15, 2009 at 3: ... and obtaining a loan is harder than ever, even for people with respectable incomes and credit scores [more...]

Date: 2009-01-15 20:02:00

Metrics: In Q4 2008, Online Ads Down But Not Out

The desperate bid to rack up sales over the holiday season helped turn out a decent enough fourth quarter of 2008 for online advertising ... quarter of 2008, reports PubMatic, a Palo Alto, Calif.-based startup that sells ad-optimization ... brought on by a widening credit crunch? Some analysts think that this might be a blip and that most [more...]

Date: 2009-01-14 16:51:40

JP Morgan Profit Down 76%

NEW YORK — JPMorgan Chase narrowly avoided a loss in the fourth quarter, ... on our market-related businesses, continued higher loan losses and increases to our credit reserves,” Dimon said ... to report results for the fourth quarter. The quarter was a particularly rough [more...]

Date: 2009-01-15 13:08:42

PC sales stank last quarter, but HP, Apple and a few others kept growing

No wonder there's been so much buzz about layoffs at Microsoft: PC sales just stank in the last quarter ... in the fourth quarter, according to a new report from research firm IDC. The holiday season drop pulled ... reduction in spending among both consumer and commercial segments amid tightening credit, eroding [more...]

Date: 2009-01-14 21:20:33

Barnes & Noble Reports Third Quarter Financial Results:

New York, NY (November 20, 2008)-Barnes & Noble, Inc. (NYSE: BKS), the world’s largest bookseller, today reported sales and earnings for the third quarter ended November 1, 2008. In addition, the company also announced that its Board of Directors declared a quarterly cash dividend of $0 [more...]

Date: 2008-11-20 05:30:46

Today marks the start of financial insitutions reporting their earnings for the fourth quarter - a quarter that pundits say may be the first is ... year due primarily to increased provision for credit losses. Charge volume was up only 1% year over [more...]

Date: 2009-01-16 12:45:44

Apple, Again Golden Delicious?

Buy this phone you hockey puck By all accounts, Apple Inc. is expected to report solid third-quarter earnings after Tuesday’s closing bell ... a rougher time ahead, and results from other companies suggest a similar path. Credit-card issuer ... of those users will be more hesitant to pay that premium in view of concerns over their wallet and housing [more...]

Date: 2008-10-21 16:45:25

Stocks higher despite jobs report

NEW YORK (AP) -- Buyers returned to Wall Street Friday after two days of heavy losses, ... report Analysts said the advance, which also came amid dour third-quarter reports from Ford ... and certainly bad economic data in terms of the labor report," said Peter Cardillo, chief market [more...]

Date: 2008-11-07 19:06:51

China Sunergy Announces Financial Results for the Third Quarter 2008

Reports Third Quarter Revenues of US$119.0 million, an Increase of 142.9% Year-Over-Year; Solar Cell Production and Gross Margin are both within Guidance at 35.7.MW and 9.3% respectively China Sunergy Co., Ltd. (Nasdaq: CSUN), ("China Sunergy" or the "Company") [more...]

Date: 2008-11-25 14:52:00

Playing Games

So, according to CNBC, the rally today is due to two things. First, the typical dead cat bounce ... attack,’’ JPMorgan Chase & Co. analyst Dane Mott wrote in a report today. ``Blaming fair-value ... that require them to review their assets each quarter and report losses if values have declined [more...]

Date: 2008-09-30 21:09:15

Web Hosting Provider, Cbeyond, Reports Second Quarter Revenue

Atlanta, Georgia - (The Hosting News) - November 6, 2008 - Web hosting and managed integrated VoIP, ... of Cbeyond noted, ''I am pleased to report that Cbeyond recorded another quarter of significant growth [more...]

Date: 2008-11-06 13:32:21

1-15-2009 (Thu Evening) Fin. & Econ. Activity

The U.S. Senate voted to allow the release of $350 billion in financial-rescue funds sought by President-elect Barack Obama ... investors with details on what kind of help the U.S. may give to the Charlotte, North Carolina-based bank ... ., the largest U.S. lender, moved up its fourth-quarter report to tomorrow at 7 a.m. New York time amid [more...]

Date: 2009-01-16 01:19:27

BofA: Mounting Costs Could Lead to Quarterly Loss

Bank of America is scheduled to report fourth quarter 2008 results before the market opens on Tuesday, January 20. Based on our analysis, we at EarningsPreview.com are expecting BAC to report disappointing ... to suffer in this recessionary environment. Consumers are in the midst of a severe credit crunch [more...]

Date: 2009-01-16 08:56:16

Financials, Cyclicals - Plus Retailers - Weigh On Equities

LOSSES STEEPEN AS EARNINGS REPORTS NEAR The same dragons that have ravaged the countryside and laid waste to the good citizens of Wall Street - ... of other financials lost ground, on a combination of worries about the fourth-quarter earnings reports that are due out shortly, and exposure to the consumer, amid clear signs that credit-card spending [more...]

Date: 2009-01-15 21:10:46

Cynosure Revenues Fall, as Expected

Cynosure released preliminary fourth quarter results this week: the company expects revenues of $25 million to $26 million; ... had been profitable for eight consecutive quarters, but will report a $2.2 - $2.7 million loss in Q4 ... affected by the economic downturn and tightening credit markets. It’s disappointing but not unexpected [more...]

Date: 2009-01-16 16:36:48

Bank of America Gets $138 Billion Lifeline for Merrill Losses

By Scott Lanman and Craig Torres Jan. 16 (Bloomberg) -- Bank of America Corp., the largest U.S ... in Washington. The bailout may increase pressure on Chief Executive Officer Kenneth D. Lewis ... moved up its fourth-quarter report to today at 7 a.m. New York time.‘Fire-Fighting Tactics’  “ [more...]

Date: 2009-01-16 08:25:00

Waiting For the Recession Call

The government’s report on third-quarter economic output should be enough to pinpoint the start of the current recession to sometime in the summer of 2008 at the latest. But the relatively small size of the reported decline — an annualized 0.3 ... Bureau of Economic Research’s Business Cycle Dating Committee, hasn’t weighed in formally yet [more...]

Date: 2008-10-30 14:56:58

It’s A Dead Market

The Journal News reports from New York. “Second-quarter housing trends continued to track a dismal path in Westchester and Putnam counties, a function of tougher credit requirements, unemployment and other factors, a regional real estate ... do not bode well for the market,’ the report said.” “Harding Mason, president of the Westchester County [more...]

Date: 2008-07-23 13:20:40

Fed Day: Expect A Cut, But I Say Save The Bullets!

A: No shock here folks, the markets are expecting between 50 & 75 bps of easing to the funds rate and likely discount rate as well ... leaving inflation risks aside. ben-bernanke-money-thumb.jpg The report and decision ... quarters. We have a 16 month credit crisis going on, and one could argue that the duration of very [more...]

Date: 2008-12-16 18:31:42

Federal Reserve, Treasury Announce $800 Billion Plan to Support Consumer Lending

Let's see, Bloomberg said yesterday that the Federal government had committed $7.4 trillion to lending facilities and guarantees ... points, due to a GDP report that revised third quarter growth from positive 0.3% to negative 0.5 ... (TALF), a facility that will help market participants meet the credit needs of households and small [more...]

Date: 2008-11-25 15:09:54

Sony Ericsson reports results for fourth quarter and full year 2008

.fullpost{display:inline;} Highlights:Global economic slowdown leads to contracting consumer demand Previously announced annual Euro 300 million cost ... to the global economic slowdown that resulted in contracting consumer demand and decreased availability of credit. Gross margin became 15% due to negative impact from exchange rate fluctuations [more...]

Date: 2009-01-16 07:56:00

Nightly (Value) Investment Links #57 Part 1

Here are todays links as well as some highlights since I last ran the nightly links. These Links will be two part as they are very extensive ... January Outlook: Pyramid Crumbling - Via Pimco 3. Apollo Asia Fund 4th Quarter 2008 Report - Via ... Paul Kedrosky 23. US Savings Tsunami And Its Implications - Via Paul Kedrosky 24. Credit Quality [more...]

Date: 2009-01-16 23:50:57

Smartlipo maker losing money, laying off workers

Cynosure Inc., the maker of Smartlipo laser liposuction devices and anti-cellulite equipment, ... -of-year total workers left at the company to about 285. Cynosure said it will report a loss for the quarter ended Dec. 31 because of “the global economic downturn and weakening credit environment.” [more...]

Date: 2009-01-16 15:26:32

Alcoa's Job Cuts

From the WSJ:Alcoa Inc. announced the elimination of about 15,000 jobs, more plant closures, ... in October when demand for commodities and the availability of credit began to fall.The combined ... a share. The company expects to report fourth-quarter earnings next week. Alcoa earned $632 million [more...]

Date: 2009-01-07 19:00:00

More Empty Space at the Mall; Life Gets Harder for Bored Teens

The bursting of the retail bubble that we discussed on Monday continues, and at a faster pace than expected. Mall vacancies reached a 10-year high in the fourth quarter of last year, Bloomberg reports ... protection in 2008 as the credit squeeze and recession drained sales. Vacancies will rise further until [more...]

Date: 2009-01-07 18:01:37

From Bay Street to Main Street

With the public’s attention focused on enjoying the last of the warm summer air, the Big Six Canadian banks reported their third-quarter earnings last week. Typically disregarded ... economy might be turning around. Bank of Montreal and Bank of Nova Scotia were first to report [more...]

Date: 2008-09-02 19:00:00

Economy Weakens PC, Chip Sales

Things are not looking good for PC and chip manufacturers as consumers held back on electronics purchases during the holidays ... for the first time in 6 years in the fourth quarter of 2008, according to a new report from IDG ... tightening credit, eroding confidence, and growing unemployment,” said Doug Bell, research analyst [more...]

Date: 2009-01-16 20:37:39

US Wind Power Growth to Slow in 2009, FPL Hints

It was just last week when I shared the great news of another record year for US wind power in 2008 ... on wind’s growth for 2009. In the company’s third quarter report, FPL announced a 25% cut in 2009 ... have been overheating these past few years on 27+% annual growth. With the current Production Tax Credit (PTC [more...]

Date: 2008-10-28 16:40:22

Adriano extends contract with Sevilla

Adriano extends contract with Sevilla Madrid - Spanish giants Sevilla announced on Tuesday evening the extension of the contract of Adriano until ... preparation, says Lee » DFB: Stuttgart's Babbel must obtain coaching licence » Real Madrid ... to Report Fiscal Second Quarter 2009 Financial Results [more...]

Date: 2008-12-16 19:32:41

Mortgage Rates January 13, 2009

Mortgage bonds continue to move sideways today with no significant news to drive it up or down ... that they had a $1 billion loss for the 4th quarter. Tomorrow will bring the retail sales report for December and the Crude Oil inventory report. This highly anticipated economic data will likely [more...]

Date: 2009-01-13 17:18:10

MyECheck, Inc. (MYEC.OB) Reports Astronomical Growth for 2008; Revenue Increases 1,096%

Yesterday after the closing bell, MyECheck announced that it has processed about 2 ... system. Unaudited 2008 financial results report that the company’s fourth quarter revenue ... future, particularly in this credit crisis. As credit is reduced, consumers need a fast and safe [more...]

Date: 2009-01-14 13:36:14

For the First Time, American Debt Shrinks

By: Roshawn WatsonAccording to third quarter Federal Reserve's flow of funds report, American debt has decreased for the first time ... , this change is not entirely voluntary. For example, we previously reported that credit cards were tightening credit worthiness criteria. Well, it is having a huge impact of the availability of credit. Auto [more...]

Date: 2008-12-15 15:34:00

Citi Breakup in Sight (Reuters)

This just in from Reuters; Robert Rubin's departure from Citigroup appears to have been a prelude to this ... its business model. The bank on Wednesday said it will report fourth-quarter results on January 16 [more...]

Date: 2009-01-14 08:05:44

Manhattan Office Vacancy Rate Rises to 10.9%

The overall Manhattan vacancy rate rose to 10.9 percent in the fourth quarter, ... , according to the report released by FirstService Williams. Space available directly from a landlord ... Citigroup Inc., Credit Suisse Group AG, Credit Lyonnais, Alliance Bernstein, UBS AG, MetLife Inc [more...]

Date: 2008-12-24 05:57:02

Best Buy: Piper Upgrades; Sees Benefit From Rival’s Pain

Piper Jaffray retail analyst Mitchell Kaiser this morning raised his rating on Best Buy (BBY) ... s near-term prospects; credit research firm Gimme Credit on Friday cut its credit rating ... . Tomorrow morning, Best Buy will report results for its fiscal third quarter ended in November; today [more...]

Date: 2008-12-15 17:36:12

Short Term Positives, Long Term Questions

Good Evening: The forces of poor economic fundamentals clashed again today with government programs created to address them ... were sifting through a Q3 GDP report revealing that growth slipped to -0.5% last quarter, the Fed ... . Aside from still frigid conditions in the credit markets, perhaps the big reason why the Fed feels [more...]

Date: 2008-11-26 02:48:41

U.S. Mulls Another Multibillion-Dollar Aid Package For Bank of Ameirca

AP The federal government is considering a fresh multibillion-dollar aid package for Bank of America Corp. to help it absorb losses at Merrill Lynch ... reports its fourth-quarter and annual results next week, declined comment about a new aid package [more...]

Date: 2009-01-15 16:22:13

Bank of America posts 4Q loss; gets $20B from US

By IEVA M. AUGSTUMS AP Business Writer CHARLOTTE, North Carolina (AP) - Escalating credit losses drove Bank of America Corp. to report a fourth-quarter loss and slash its quarterly dividend to a penny on Friday, hours after ... [more...]

Date: 2009-01-16 20:05:24

U.S. Economy Contracts Most Since the 2001 Recession

From Bloomberg: Oct. 30 (Bloomberg) — The economy suffered its biggest decline since 2001 in the third quarter, ... at a 0.3 percent annual pace, less than forecast, a Commerce Department report showed today in Washington ... spending boom ended last quarter as the credit crunch deepened. “The crisis really kicked up in late [more...]

Date: 2008-10-30 14:29:04

Pfizer Cutting Up To 2,400 Sales Jobs: Report

NEW YORK — Drug giant Pfizer Inc. reportedly plans to lay off nearly a third of its 8,000 salespeople ... announcement about layoffs when it reports on its 2008 fourth-quarter and full-year financial results, on Jan [more...]

Date: 2009-01-16 22:11:25

Pandit Dismantles Weill Empire to Salvage Citigroup

By Bradley Keoun and Lisa KassenaarJan. 14 (Bloomberg) -- Vikram Pandit is unraveling his empire to save his bank.Citigroup Inc ... , scheduled to report fourth-quarter results next week, will probably say it lost $2.6 billion [more...]

Date: 2009-01-14 12:32:00

Citigroup Posts $8.3 Billion Loss, Splits Up Company

NEW YORK — Citigroup said Friday it is splitting up into two businesses as it reported a fourth-quarter net loss of $8 ... and banking revenue, and $5.3 billion on the value of credit derivatives. It also lost $2.5 billion [more...]

Date: 2009-01-16 13:14:43

Bank of America slides to 4Q loss; gets more aid

Escalating credit costs forced Bank of America Corp. to report a $2.39 billion fourth-quarter loss, hours after it convinced the federal government it needed a multibillion-dollar lifeline to survive the absorption of Merrill Lynch's hefty losses. Bank [more...]

Date: 2009-01-16 18:51:25

Third quarter results to dictate trend

The ongoing quarterly reporting season may dictate the market trend in the near term. Investors are bracing for poor quarterly earnings as high input costs, credit crunch, high interest rates, and the burden of piled-up inventories may hit bottom lines of companies. India's largest [more...]

Date: 2009-01-16 14:34:00

Third quarter results to dictate trend

The ongoing quarterly reporting season may dictate the market trend in the near term. Investors are bracing for poor quarterly earnings as high input costs, credit crunch, high interest rates, and the burden of piled-up inventories may hit bottom lines of companies. India's largest [more...]

Date: 2009-01-16 23:39:00

Bank of America loses $2.39 billion; gets more aid (AP)

Escalating credit costs forced Bank of America Corp. to report a $2.39 billion fourth-quarter loss, hours after it convinced the federal government it needed a multibillion-dollar lifeline to survive [more...]

Date: 2009-01-16 13:58:55

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