Yingli Green Energy reports 2nd-qtr loss on one-time charges, adjusted earnings beat streetAugust 19th, 2009 Yingli Green Energy posts 2Q loss on chargesNEW YORK — Solar cell maker Yingli Green Energy Holding Co. on Wednesday posted a second-quarter loss driven by one-time charges, sending shares tumbling in premarket trading.
Seagate sees signs of improvement in data storage but posts 4th-quarter loss of $81 millionJuly 21st, 2009 Seagate posts 4Q loss on lower sales, big chargesSCOTTS VALLEY, Calif. — Hard drive maker Seagate Technology on Tuesday reported a fiscal fourth-quarter loss, reversing a year-ago profit, but said it is seeing signs of improvement in the data storage market and lifted its revenue outlook for the first quarter.
Paes-Dlouhy crash out in second round againApril 1st, 2009 MIAMI - India's Leander Paes and Czech Lukas Dlouhy crashed out to Czech Frantisek Cermak and Michal Mertinak of Sovakia 3-6, 3-6, in the second round of the Sony Ericsson Open tennis doubles. The loss Tuesday was the second successive second-round exit for Paes and Dlouhy, seeded fourth here, having lost at the same stage at Indian Wells last week.
Toyota plans $1 billion US marketing effort in 4th quarter, betting on recovery in auto marketSeptember 17th, 2009 Eyeing recovery, Toyota plans $1B marketing pushNEW YORK — Toyota Motor Corp. will pour $1 billion into a major U.S.
Nokia reports pre-tax loss for first quarterApril 16th, 2009 HELSINKI - Citing an 'exceptionally tough environment', Nokia, the world's largest maker of mobile phones, Thursday reported lower sales and a sharp drop in operating profit for the first quarter of 2009. The Finland-based company posted a pre-tax loss of 12 million euros ($15.8 million), compared to a pre-tax profit of 1.6 billion euros for the corresponding business period in 2008.
Paes, Sania advance in MiamiMarch 28th, 2009 MIAMI - India's Leander Paes and Sania Mirza cleared the first round in the doubles and mixed doubles pre-quarters respectively with their partners in the $4,500,000 Sony Ericsson tennis event. Paes and Czech Republic's Lukas Dlouhy beat Chilean Fernando Gonzalez and Argentine Juan Monaco 6-2, 6-2 here Friday.
Bhupathi-Knowles ousted from Sony Ericsson Open doublesMarch 29th, 2009 MIAMI - India's Mahesh Bhupathi and his Bahamian partner Mark Knowles have been ousted from the $4,500,000 Sony Ericsson Open. The third-seeded Indo-Bahamian pair went down fighting to Frenchmen Julien Benneteau and Jo-Wilfried Tsonga 6-3, 5-7, 6-10 in the first round here Saturday.
GM investing more than $21M at Flint plant to build 2011 Chevrolet light-duty crew cab truckSeptember 21st, 2009 GM investing $21 million in Flint Assembly plantFLINT, Mich. — General Motors Co.
BlackBerry shares plunge 15 percent on lower revenue forecastFebruary 11th, 2009 TORONTO - Shares of BlackBerry maker Research In Motion (RIM) plunged by 15 percent on the Toronto Stock Exchange Wednesday after the global wireless communication giant forecast less-than-expected profits for the fourth quarter of 2008. In a statement, the Waterloo-based Canadian company said that it ``expects revenue for the fourth quarter to be at or near the mid-point of the previously guided range.
Samsung reports its first quarterly lossJanuary 22nd, 2009 SEOUL - Samsung Electronics Co, the leading South Korean electronics maker, posted its first quarterly loss, saying Friday that it was 20 billion won ($14.59 million) in the red in the final quarter of 2008. The world's largest maker of memory chips and liquid-crystal displays said the falling prices of memory chips and sinking demand for electronics during the global economic downturn was the cause for the loss after it had seen a profit of 2.21 trillion won in the same quarter a year earlier.
Google, Motorola announce job cuts - Microsoft next?January 14th, 2009 SAN FRANCISCO - Even mighty Google is feeling the effects of the global recession. The advertising and software giant is cutting 100 recruiting jobs and plans to shutter three engineering offices in Norway, Sweden and Texas, the company announced.
Seagate increases revenue guidance in fiscal 4th quarter helped by better demandJune 25th, 2009 Seagate raises 4th-quarter revenue guidanceSCOTTS VALLEY, Calif. — Hard drive maker Seagate Technology on Wednesday raised its fiscal fourth-quarter revenue guidance due to better-than-expected demand and favorable pricing for its products.
Report: Toyota, Mazda to form partnership on hybrid technologyJuly 16th, 2009 Report: Toyota, Mazda to form tie-up on hybridsTOKYO — Toyota is in talks with Mazda about providing its key hybrid technology in a tie-up, the nation's top business daily reported Thursday. Both automakers said no decision has been made.
Citigroup, Nokia, Hovnanian, Family Dollar, Costco are among big market movers ThursdaySeptember 3rd, 2009 Citigroup, Nokia, Hovnanian are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange:
NYSE:
Citigroup Inc., up 21 cents at $4.77
Shareholders approved a plan to increase the bank's outstanding stock, allowing it to complete a debt swap that will improve cash flow. Nokia Corp., up 61 cents at $13.91
The world's biggest maker of cell phones unveiled new models that boast more music features and mesh better with Facebook.
GameStop profit falls 32 percent on fewer hit video game titles; full-year outlook cutAugust 20th, 2009 GameStop posts disappointing profit, cuts outlookGRAPEVINE, Texas — GameStop Corp., the world's largest video game and entertainments software retailer, posted disappointing fiscal second-quarter results on Thursday and lowered its full-year earnings forecast, citing fewer hit video games and cautious consumers. Shares tumbled in morning trading.