Google warns of more cuts at Motorola, third-quarter cuts to cost $340 million
Google Inc said planned job cuts at its Motorola Mobility mobile phone unit will cost about $ 340 million in severance and other costs in the third quarter and it warned of further restructuring....
View ArticleGannett reports third-quarter increase in revenue, profit
Gannett Co Inc reported better than expected revenue and higher profit on television advertising related to the Olympics and the presidential election and on subscription revenue at its newspapers,...
View ArticleIBM third-quarter revenue hurt by strong dollar
IBM reported third-quarter revenue below analyst expectations and earnings per share that barely beat estimates as demand for its software services and tight cost management offset the effect of a...
View ArticleTextron third-quarter profit shy of Wall Street expectations
Diversified U.S. manufacturer Textron Inc reported a weaker-than-expected 6.3 percent rise in profit on weak demand for corporate jets and declines in sales to the military. The world's largest maker...
View ArticleChina third-quarter GDP growth set for fresh slide below target
BEIJING China's economy likely slowed for a seventh straight quarter in July-September, missing the government's target for the first time since the depths of the global financial crisis, and data on...
View ArticleAOL ad sales boost third-quarter profit
AOL Inc reported higher-than-expected revenue and profit on the strongest advertising growth the company has seen in seven years. AOL said on Tuesday that third-quarter revenue was flat at $ 531.7...
View ArticleU.S. Third-quarter Productivity Revised Up To 2.9%
The increase in U.S. productivity in the third quarter was revised up to 2.9% from an initial reading of 1.9%, as companies generated more goods and services than originally estimated. Economists...
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