Company Results

Shares of VeriFone Systems Drop after Company Misses Expectations in Q2 and Gives a Downbeat Outlook

Shares of VeriFone Systems Drop after Company Misses Expectations in Q2 and Gives a Downbeat Outlook

San Jose, California based VeriFone Systems saw its shares drop during the after hour trading to $21.98 or by 22.14percent on Tuesday following a weak guidance and a quarterly result that missed expectations.

Samsung’s Q4 Net Profit Drops as Demand is Sluggish for smartphones

Samsung’s Q4 Net Profit Drops as Demand is Sluggish for smartphonesAlthough Samsung's fourth quarter revenue moved up one percent but weak mobile phone and display panel demand did not give the

Q3 Profits Reported by Bank of America

Q3 Profits Reported by Bank of AmericaLower borrowing costs along with lesser legal expenses helped the Bank of America to earn profits in the third quarter.

American Airlines Post a Profit in the Fourth Quarter

American Airlines Post a Profit in the Fourth Quarter Though the American Airlines reported profit for the fourth-quarter but the carrier failed to impress the investors as the unit revenues of the carrier dropped.

On Tuesday the shares of American fell about five percent during the morning trading hours before gaining slightly.

Fourth Quarter Profits Decline for VMware But Results Beat Expectations

Fourth Quarter Profits Decline for VMware But Results Beat Expectations On Tuesday, VMware Inc.

Weak PC Market Hurt AMD’s Fourth Quarter Earnings

Weak PC Market Hurt AMD’s Fourth Quarter EarningsThe executives of Advanced Micro Devices (AMD) have been making an effort to expand the attain new growth areas for the new products that the company has to offer, for the last two years which will reduce the company's dependence on the global PC market. However, the effort is far from reaching its destination as the company still struggles after its sales experienced declines for three consecutive years.

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