Archive for July 17th, 2008
« Previous EntriesMicrosoft hit after earnings and forecast miss
Thursday, July 17th, 2008Shares of Microsoft Corp. dropped more than 6% in after-hours trading after the software giant posted a fiscal fourth-quarter profit that fell short of Wall Street’s estimates as it forecast lower-than-expected revenue for the following quarter.
Merrill Lynch reports $4.9 billion loss
Thursday, July 17th, 2008Merrill Lynch booked its fourth-straight quarterly loss Thursday, this time losing nearly $5 billion, as the nation’s largest brokerage was forced to once again take massive writedowns.
Brazilian offshore oil workers end strike
Thursday, July 17th, 2008Read full story for latest details.
Jury sides with Mattel in copyright case
Thursday, July 17th, 2008Read full story for latest details.
Google profits slow more than expected
Thursday, July 17th, 2008Read full story for latest details.