Intuitive Surgical stock fell 11.5% in value on Wednesday after a disappointing quarterly earnings report and the FDA raising cancer concerns over how robotic hysterectomies are performed. The Sunnyvale, CA–based maker of da Vinci ...
Yahoo has posted a first quarter earnings decline of 20% to $311.6 million. In a trading update yesterday, the company added that revenue from display advertising increased by 2% to $409 million. Additionally, first quarter group revenue ...
Tags: Yahoo, Computer Products
The Cato Corporation reported sales for the five weeks ended April 5, 2014 of $102.0 million, a 3% decrease from sales of $105.6 million for the five week period ended April 6, 2013. Same-store sales for the month decreased 5%. Sales ...
Steel Dynamics Inc. announced Tuesday weak guidance for the first quarter of 2014, citing harsh winter weather that resulted in higher energy costs, transportation difficulties, and decreased production and shipments. The company expects ...
Tags: Steel Dynamics, metal
VF Corp reported revenues rose 8 percent in its fourth quarter to $3.3 billion, compared with the same period of 2012, driven by double-digit growth in its Outdoor & Action Sports, Sportswear, international and direct-to-consumer ...
Tags: Sporting Goods, Recreation
Clarke Inc. said it has closed the sale of its truckload and less-than-truckload businesses to TransForce Inc. for C$100.5 million. The holding company expects a gain of $63 million to $68 million from the sale, it said in a Jan. 6 ...
Microsoft announced that the first fiscal quarter report in 2013. In the first quarter, Microsoft's revenue reached $18.53 billion, compared with last year's $16 billion the increase is 16%; net profit is $5.24 billion, compared with $4.47 ...
Carpenter Technology Corporation reported Tuesday net income of $34.6 million for the fiscal first quarter ended September 30, 2013 compared to $39.2 million in the prior year first quarter. "Our first quarter earnings were in-line with ...
Tags: Metallurgy, Mineral, Energy
Cintas Corporation reported revenue for its first quarter ended August 31, 2013, of $1.12 billion, a 6.6% increase compared to last year's first quarter. Adjusting for one less workday in this year's first quarter compared to last year's ...
Tags: Apparel, Accessories
Yahoo's profits rose by 46 percent in the second quarter, aided by nearly a dozen product launches, though sales at the company were still down. Net earnings for the quarter ended June 30 were $331 million, up from $227 million for the ...
The Chinese government has been cutting back on subsidies to manufacturers of LED chips, a reason some companies are blaming for their poor first quarter results. This points to a change in approach to policies over the once-hyped sector ...
Tags: LED industry, LED Sector, LED
Reporting its first-quarter earnings Thursday, Dorel Industries singled out the delayed arrival of spring and its effect on bicycle sales as a key factor holding down sales and profit for the start of 2013. "As stated in our year-end ...
Tags: Dorel Bike, Bike
As part of an ongoing restructuring, EMC reported today that it will lay off more than 1,000 employees worldwide. The company reported in its latest 10-Q filing with the U.S. Securities and Exchange Commission that in the first quarter of ...
Tags: Computer Products, software
Yahoo's Flickr mobile app may be getting a completely new look in the months to come, as the company seeks to hire multiple iOS engineers to "radically improve" the photo-sharing site's app and attract new users, the company said in a ...
Tags: Yahoo's Flickr, mobile app
Kim Jae-Yeol, the Senior Vice President of the Korean steel giant Posco planned to raise its auto-sheet sales this year by increasing exports to customers in emerging countries such as India and China, aiming to offset the forecasted drop ...
Tags: Posco Targets, Auto Sheet Sales