Topic: Richard Chang
(Reuters) - Technology giant Oracle Corp's profit and sales missed Wall Street forecasts, sending its shares plunging 9 percent and raising concerns that a global economic slowdown will hurt tech spending.The company also posted an unexpected sequential decline in the revenue ...
WASHINGTON (Reuters) - The Justice Department and AT&T asked the judge hearing a lawsuit aimed at stopping the telecommunications giant from buying T-Mobile USA to stay the court fight on Monday, another blow to an already troubled deal.The two companies gave ...
(Reuters) - Teen apparel retailer American Eagle Outfitters Inc on Tuesday named Levi Strauss executive Robert Hanson as chief executive, replacing Jim O'Donnell, who is retiring.Hanson, 48, had been global president of the Levi's brand.O'Donnell announced his decision ...
(Reuters) - Apple Inc named long-serving director Arthur Levinson chairman of its board, filling a seat vacated by co-founder Steve Jobs, who died in October after a years-long struggle with cancer.Walt Disney Co CEO Bob Iger, who had a strong relationship with ...
(Reuters) - Dell Inc reported revenue that was slightly lower than Wall Street expectations, hurt by lower sales to consumers.The world's No. 3 maker of personal computers said revenue in its fiscal third quarter was essentially flat at $15.36 billion ...
(Reuters) - Online coupon company WhaleShark Media has raised $150 million in financing from JP Morgan and Institutional Venture Partners.The new shot of cash brings the company's total funding to almost $300 million and values it at roughly $750 million, according ...
(Reuters) - Cisco Systems Inc, the world's biggest networking equipment maker, reported quarterly earnings per share that beat estimates, signaling that efforts to revive growth are beginning to pay off.The company on Wednesday reported adjusted earnings of 43 cents per share ...
(Reuters) - Las Vegas Sands Corp , the world's largest casino operator, posted a better-than-expected 26 percent rise in revenue, driven by its Macau and Singapore operations.The company run by billionaire Sheldon Adelson, which derives the bulk of its income from Asia ...
KFC parent Yum Brands Inc reported a quarterly profit that met Wall Street's expectations, helped by another quarter of strong sales in China.....
LinkedIn booked a surprise profit after quarterly revenue more than doubled, as the professional networking site sets off to prove it can fulfill...