Dare I say it? I might be on the lawyers' side for once...(I said MIGHT!) Shares of Northwest Pipe (NWPX) are down almost 17% today, on news that a previously announced investigation into revenue recognition practices has turned into a "formal investigation" by the Securities and Exchange Commission. ...
The "good" news: TheStreet.com, Inc. Reports Fourth Quarter and Full Year 2009 Results Premium Services Revenue Shows First Sequential Quarterly Growth in Seven Quarters on Strong Recent Growth in Bookings; Advertising Revenue Achieves First Year-Over-Year Growth in Six Quarters Adjusted EBITDA Highest ...
Guess 4th-quarter profit climbs 80 percent, sales improve to handily beat Street estimates Guess Inc. said on Wednesday that its fiscal fourth-quarter profit rose more than 80 percent on sales increases throughout the apparel maker's business segments. In the three months ending ...
Blockbuster shares plunged nearly 30 percent on Wednesday after the heavily indebted movie rental chain said it may be forced to declare bankruptcy. Shares in Blockbuster, which has been struggling to keep pace with rivals Netflix and Amazon, shed 29.18 percent on ...
KongZhong shares rise on quarterly profit jump and strong first-quarter revenue outlook Shares of KongZhong Corp. jumped on Wednesday after the Chinese wireless entertainment company reported sharply higher fourth-quarter profit and revenue. The company also gave a strong first-quarter revenue outlook. U.S.-listed ...
WellPoint says net income will fall in 2010 as economy pressures enrollment Health insurer WellPoint says it expects net income to fall as much as 11 percent this year as enrollment falls by about 400,000 patients. The Indianapolis-based company affirmed its previous ...
German retailer Metro net income down 7 percent in 2009 to $716 million German retailer Metro AG said Wednesday its 2009 net income fell 7 percent to euro519 million ($716 million) as the economic downturn cut into sales at most divisions, including ...
Focus Media posts narrower 4Q loss as one-time accounting charges fall China's Focus Media Holding Ltd. said Tuesday that a drop in one-time expenses helped narrow its fourth-quarter loss. The company, which runs advertising networks, posted a net loss of $52.5 million, ...
KeyCorp's CEO pay rises 15 percent on higher base salary The chief executive of KeyCorp bank holding company saw his compensation rise 15 percent last year as his base salary rose, according to an Associated Press calculation. Henry Meyer got a pay ...
Movado to post 4Q loss as jewelry industry continues to hurt Luxury watch maker Movado Group Inc. on Monday said it expects to report a fourth-quarter loss, hurt by several charges in the quarter related to the downturn in the jewelry industry. ...
