Quanta announces 7.2% drop in profit
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Quanta Computer Inc., the world&#39;s biggest notebook computer maker, reported an unexpected 7.2 percent decline in second-quarter profit.
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The Washington Post Co. said yesterday that its fourth-quarter profit was down 7 percent, to $95.5 million from $102.4 million in the fourth quarter of 2005, despite a 10 percent gain in revenue.
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Asset manager Federated Investors (FII.N: Quote, Profile, Research) on Thursday reported lower quarterly profits as the firm&#39;s assets declined in difficult market conditions.
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Blog: Slowing growth in display advertising led to a nearly 2 percent drop in net profit for Yahoo in the second quarter.
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The tech company's earnings soar 57%, but its shares fall on a weak second-quarter outlook.
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Dutch electronics giant Philips reported Monday that its 2007 net profit fell 22.6 percent to 4.168 billion euros (6.04 billion dollars) despite a doubling in net earnings in the fourth quarter.
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Symbol Technologies&#39; (SBL:NYSE - news - research) shares tumbled 7% Monday after accounting missteps tripped up the company once again.
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Phone company Qwest Communications International Inc  on Tuesday cut its earnings outlook for the year, sending its shares down 4 percent, though its quarterly profit rose with the help of a tax benefit and cost cuts.
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The company has signalled profits of between Â£285 million and Â£295 million, down on Â£311 million a year ago, following a poor run of sales.
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Bank of America Corp , the second-largest U.S. bank, said on Tuesday fourth-quarter profit sank 95 percent, hurt by more than $7 billion of losses tied to poor trading decisions and mounting credit woes.
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Boston Scientific Corp.  posted a lower-than-expected quarterly profit on Friday as sales of its flagship drug-eluting heart stents fell by 32 percent.
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European equities fell sharply on Tuesday as profits were taken following seven sessions of gains on the FTSE Eurofirst 300.
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Albertsons Inc., the No. 2 US supermarket chain, said second-quarter profit dropped 36 percent after the Boise, Idaho-based company slashed prices to attract shoppers lost during a strike in Southern California.
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Insurance and banking group Allianz on Monday reported a 7 percent drop in second-quarter net profit as lower interest earnings offset an improved performance by its Dresdner Bank subsidiary.
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LONDON : British mobile telephone giant Vodafone reported a two percent fall in half-year underlying profits as the group added 7.4 million new customers.
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Shares in Fremont General dropped 19 percent after a rescue plan was abandoned, while Luminent Mortgage Capital said second quarter profits were lower than initially reported.
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Income and revenue down, something about an ex-CEO and whores... Broadcom announced their Q2 profit took a 68 per cent plunge today, but scored a victory in a long-in-the-tooth patent dispute with Qualcomm.â¦