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Updated: 24 weeks 4 days ago

Widening Quarterly Losses Pull Down Amazon Shares

Fri, 07/25/2014 - 12:16

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The shareholders who hoped that Amazon would earn larger profits were disappointed again as the company posted a loss for the second-quarter loss which was greater than the expectations of Wall Street. Not only that the company also projected continuing losses which are huge in the current quarter too.

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Facebook Perched to Reach a Record High After Heavy Quarterly Gains

Thu, 07/24/2014 - 12:56

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Yesterday Facebook posted its second-quarter earnings that increased by 61 percent to $2.91 billion. It surely surpassed the average that for forecasted by the analysts.

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Comcast’s Second Quarter Earnings Increase as a Result of Added Internet Customers

Wed, 07/23/2014 - 11:45

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The net income for the second-quarter grew to almost $2 billion or 15 percent for Comcast Corp. as it successfully added more customers for high-speed Internet speedily than the previous year. It also moderated the losses from the number of low video subscribers.

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Netflix Surpasses 50 Million Subscriptions as Its Second Quarter Earnings Get a Boost

Tue, 07/22/2014 - 09:14

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The earnings for the second-quarter more than doubled for Netflix due to new episodes being aired from one among its well liked series that helped the Internet video service for the first time to cross the mark of 50 million subscribers universally.

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Amazon shares falls 10% after profit concers

Sun, 04/27/2014 - 09:58

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The shares of US online retail giant, Amazon. com fell as much as 10 per cent on Friday after some analysts expressed concerns over its profits.

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Even Though Boeing Profit’s Fall by 12.7%

Thu, 04/24/2014 - 14:32

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On Wednesday, Boeing announced that its operating earnings in the first quarter got a boost of 12 percent. This is what the analysts had expected. The company is continuing to take advantage of rising demand for new commercial jetliners.

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Alibaba's sales rose 66% in sales to $3.06 billion

Wed, 04/16/2014 - 14:16

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Alibaba Group Holding has said that it has recorded an increase of 66 percent surge in sales to $3.06 billion during the previous quarter comapred to the same quarter of the previous year.

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Coca-Cola records higher than expected revenues

Wed, 04/16/2014 - 14:12

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US beverage giant, Coca-Cola Co has said that it has recorded a better than expected quarterly revenue mainly due to strong sales in in the Chinese market.

The company said that the strong sale in the Chinese market helped ofset a fall in the european market. The sale of the company remained unchanged in the American market.

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