30 2008

Time Warner keeps outlook despite slap to profit

Tag: Markets, General @ 2:48 pm

Time Warner’s first-quarter net income falls 36%, but the media giant affirms its full-year outlook, adding that a “complete structural separation” of Time Warner Cable would be in the best interests of both companies’ shareholders.


30 2008

First Solar net income rises sharply

Tag: Markets, General @ 11:45 am

NEW YORK (MarketWatch) — First Solar Inc. said Wednesday first-quarter net income rose sharply as the thin film solar module maker’s revenue approached $200 million.


30 2008

Hess Corp.’s quarterly net doubles as production rises

Tag: Markets, General @ 11:45 am

Hess Corp.’s first-quarter net income doubles as production is increased in tandem with oil prices accelerating to record highs.


30 2008

Market Snapshot: U.S. stocks rally as GDP and earnings beat expectations

Tag: Markets, General @ 11:45 am

U.S. stocks extend gains, powered by better-than-expected economic growth in the first quarter as well as a rally in General Motors tied to losses reported by blue-chip automaker that prove to be not as bad as analysts had feared.


30 2008

Small-Cap Focus: Hutchinson Tech shares slammed as loss widens

Tag: Markets, General @ 11:45 am

Hutchinson Technology shares fall to their lowest point in nearly six years as two analysts cut their rating on the maker of equipment for hard-disk drives, following a disappointing second-quarter earnings report.


30 2008

Microsoft’s next move on Yahoo: Fight or choose new path

Tag: Markets, General @ 11:45 am

Microsoft Corp. is set to announce it next move in its bid to gobble up Yahoo Inc. sometime on Wednesday, according to media reports.


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