Related topics: net income · earnings

Amazon shifted strategy in pursuit of CIA contract

It was a contract that Amazon.com's business-technology group wasn't supposed to get. The CIA, an organization whose data is among the most protected in the world, asked for bids last year on a contract to provide the agency ...

Fully-owned NBCUniversal boosts Comcast 2Q results

The decision by Comcast Corp., the country's largest cable company, to buy out General Electric in NBCUniversal looks like a smart one, as the media conglomerate posted strong results for the second quarter.

Wall Street punishes BlackBerry, Facebook

Facebook and BlackBerry lost ground on Wall Street Thursday as investors gave a cool reception to earnings at social network Facebook and the Canadian firm's launch of a new smartphone platform.

IBM's 3Q earnings flat, revenue slides 5 percent (Update)

IBM's revenue slipped below Wall Street's expectations in the third quarter as the technology company dealt with jittery customers and a weakening euro that undercut its results. Despite the problems posed by the wobbly economy, ...

Oracle's 1Q earnings rise, but revenue disappoints

(AP)—Oracle's earnings matched analyst estimates in the latest quarter, but a revenue decline signaled the business software maker is having a tougher time closing deals.

Viacom 1Q earnings shredded by 'Rock Band'

(AP) -- Viacom Inc., the owner of Paramount Pictures, MTV and Comedy Central, on Thursday posted a 65 percent drop in net income for the latest quarter, as it took a charge related to the "Rock Band" series of video games.

Apple doubles iPhone sales in 1Q (Update)

The iPhone is taking over Apple. For the first time, the device that changed how people use mobile phones, accounts for more than half of the behemoth company's sales.

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