Shares of Mentor Graphics Corp. (NASDAQ: MENT) slumped on Friday after the supplier of electronic design automation (EDA) tools announced fiscal fourth-quarter results which showed revenue falling short of analysts’ consensus estimate and provided...
NYSE: BKS) shocked the Street on Thursday after it reported to have swung into fiscal third-quarter loss as its bottom line was dented by an inventory charge, higher sales and marketing expenses at its...
NYSE: HTZ) swung into a loss in its fiscal fourth quarter as it took a big one-time charge linked to the $2.6 billion acquisition of Dollar Thrifty; however, shares rallied as the quarterly revenue...
NYSE: LOW) handed better than expected fiscal fourth-quarter results as revenue was partially aided by rebuilding efforts after the super storm Sandy; however, the Company’s outlook on the current fiscal year disappointed investors. Shares...
NYSE: WPO) reported on Friday that it swung into a loss in its fiscal fourth quarter as its bottom line was impacted by huge one-time charge related to a write-down at its Kaplan unit...
The White House Chief of Staff, Dennis McDonough believes that there is still room for further negotiations with the Republicans so that the sequestration or across-the-board spending cuts is prevented. While speaking to Bob...
According to the Wall Street Journal, sources familiar with the matter said that OfficeMax Inc. (NYSE: OMX) and Office Depot Inc. (NYSE: ODP) are closing in on a merger deal—a move which would allow...
NYSE: DUK), U.S’s biggest power company, reported on Wednesday fiscal fourth-quarter earnings that climbed 51% thanks to the acquisition of its rival Progress Energy last summer. For the quarter, Duke Energy reported a profit...
NYSE: DF) swung to a profit in its fiscal fourth quarter, thanks to its cost cutting measures, stabilizing price of milk, higher revenue and lower onetime charges. Company’s results were impacted by a huge...
Even as President Obama in his opening State of the Union remarks on Tuesday said that sequester is a “bad idea” for the U.S. economy ,reiterating his demand for combination of taxes and spending...