Intuit Tax Software Sales Fall 5 Percent
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Intuit Inc. INTU.O said on Thursday  sales of its tax preparation software through the first week of  the year fell 5 percent from a year earlier, but the company  expects a greater shift of usage to its Web-based business  rather than desktop software.
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Chrysler LLC said on Tuesday its U.S.  sales fell 6 percent in August as the automaker cut back on  sales to daily rental companies.
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Symantec Corp. has lowered its reported revenue for the first quarter of fiscal 2005 by $20 million after discovering that it had incorrectly configured an internally developed accounting tool, the company announced Monday.
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Driving the companyâs loss, which amounts to $31.85 a share, was a $5.21 billion write-down on its portfolio of credit derivatives.
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Treasuries plunged on Thursday as fears of tighter monetary policy globally fueled a break in yields above 5 percent, unleashing another round of heavy selling.
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MAKUHARI, Japan  - Global sales of equipment used  to make and test semiconductors are expected to fall 5.15  percent from a year earlier to $33.49 billion in 2005, an  industry group said on Wednesday.
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The pace of existing home sales in the United States was off slightly in May to a 5.99 million-unit annual rate, the National Association of Realtors said in a report on Monday that showed continued weakness in the housing sector.
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People living in states without income taxes could see their federal income taxes fall by about &#36;500 if they itemize deductions under the corporate tax overhaul approved by Congress.
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Chrysler LLC said on Tuesday its U.S. sales fell 6 percent in August as the automaker cut back on sales to daily rental companies.
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Intuit Inc. posted a narrower net loss for its latest quarter as increased revenue from its QuickBooks accounting software helped boost results.
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The pace of existing home sales in the United States fell in April to a 5.99 million-unit annual rate while inventories swelled, the National Association of Realtors said in a report on Friday that showed more weakness than analysts had expected.
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Budget competition from other consumer electronics devices is among factors lowering sales estimates.
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Weak home and hardware sales drive lower fourth-quarter profits.
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WASHINGTON -- Sales of existing homes fell for the fifth consecutive month in August as the once-booming housing market slowed further.
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Turnover decreased by 5.2pc on the year in the six month period, primarily due to lower sales in the Agricultural and other trading sector.
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Intuit Inc., the maker of TurboTax tax-preparation software and QuickBooks accounting programs, posted a wider loss in its latest quarter on acquisition-related expenses.
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Wall Street bonuses fell nearly 5 percent in 2007 after a relentless subprime mortgage crisis battered the stock market, forcing the country's biggest investment banks to write down billions in bad loans.