Topic: Corporate Reporting
Palm shares plunge on weak forecast
AFP Global Edition
Palm shares plunged Friday after the struggling US mobile device maker posted more disappointing results and speculation mounted that it could be an acquisition target. Shares in the Sunnyvale, California-based company were trading 18.94 percent lower at mid-day at 4.58 dollars. Bank of America analysts painted a gloomy ...
TriQuint Semiconductor hikes 1Q forecast
AP News
Chip maker TriQuint Semiconductor hikes forecast for 1st-quarter earningsTriQuint Semiconductor Inc., which provides chips for mobile gadgets such as Apple's iPhone, hiked its profit forecast for the quarter on Thursday, a sign that demand is improving. The news pushed TriQuint shares up ahead of the market open by 21 ...
Vimpel Communications posts 4Q profit
AP News
Vimpel Communications posts 4th-quarter profit, reversing lossRussian telecommunications company Vimpel Communications posted a fourth-quarter net profit Thursday, reversing a year-ago loss as it added new mobile and broadband subscribers. The company earned $283 million, or 27 cents per American Depositary share, up from a loss of $16.1 million, or ...
GameStop shares jump on 4Q profit and '10 forecast
AP News
GameStop's 4th-quarter results and 2010 forecast top expectations; shares riseGameStop's fourth-quarter results and 2010 forecast topped Wall Street expectations Thursday and company shares jumped more than 6 percent on its outlook for the year. Consumers still don't seem to be shopping like they used to. GameStop, the ...
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