Author Archives: Thomas Vedder
Yahoo (NASDAQ:YHOO) Mulling Over to Acquire Tumblr – YHOO, NWSA, ZNGA, REDF
Yahoo! Inc (NASDAQ:YHOO) is in talks to acquire Tumblr Inc, according to a person with knowledge about the issue said, a agreement that could assist the major United States Web portal attract users and advertisers. Tumblr, a service that hosts …
Stage Stores (NYSE:SSI) Fiscal Q1 Loss Widens on Special Charges; Reaffirms Full Year Outlook – SSI, JWN, BONT, DDS
Stage Stores Inc (NYSE:SSI) on Friday declared a wider loss for fiscal Q1, showing mainly a charge linked with consolidation of its South Hill, Virginia operations.
Quarterly sales moved up 3.5% from previous year. The firm maintained its adjusted EPS …
J.C. Penney (NYSE:JCP) Post Wider First Quarter Loss – JCP, SHLD, SKS, M
J.C. Penney Company, Inc’s (NYSE:JCP) net loss widened in fiscal Q1 as the company works to rebound from former CEO Ron Johnson’s failed makeover.
The Plano, Texas-based department-store chain announced in a statement on Friday that the quarterly loss broadened …
Ericsson (NASDAQ:ERIC) Settles Intellectual-Property Dispute with Airvana
The Stockholm-based Ericsson (ADR) (NASDAQ:ERIC) decided to settle an intellectual-property quarrel with software producer Airvana Networks Solutions Inc, as shown in court filing on Friday. Ericsson is the world’s biggest manufacturer of wireless networks.
The Chelmsford, Massachusetts-based Airvana took legal …
Dell (NASDAQ:DELL) First Quarter Profit Trails Estimates; Stock Tumbles – DELL, AAPL, SMCI, SGI
Dell Inc (NASDAQ:DELL) announced on Friday that it fiscal Q1 profit failed to meet Wall Street forecasts, highlighting the worsening guidance that led the world’s third biggest computer maker’s founder to seek a buyout designed to reinvigorate expansion.
The Round …
Donaldson (NYSE:DCI) Third Quarter Profit Tumbles 1.6%
Donaldson Company, Inc (NYSE:DCI) reported fiscal Q3 profit tumbled 1.6 percent as the company declared significantly weaker-than-forecasted revenue because of softer engine-product and industrial-product sales.
The maker of filtration systems again shattered its full-year outlook, presently forecasting earnings of $1.57 …
