GO
Loading...

California

More

  • SAN FRANCISCO, Oct 25- Apple Inc delivered another quarter of lackluster results and iPad sales fell well short of Wall Street targets, pushing its stock down more than 1 percent. Apple sold fewer iPads than anticipated as the economy remained weak and consumers waited for the new iPad mini, which will hit store shelves next month.

  • SAN FRANCISCO, Oct 25- KLA-Tencor Corp posted fiscal first-quarter revenue below expectations as chipmakers, worried about the economy, held off on new orders of manufacturing equipment. KLA-Tencor said first-quarter revenue was $721 million, compared with $796 million in the year-ago period.

  • UPDATE 2-Apple fails to wow as iPad sales disappoint Thursday, 25 Oct 2012 | 9:06 PM ET

    SAN FRANCISCO, Oct 25- Apple Inc delivered lackluster quarterly results and iPad sales fell short of Wall Street targets, pushing its stock slightly lower.

  • UPDATE 2-Amazon reports weak results, shares slip Thursday, 25 Oct 2012 | 9:06 PM ET

    *Amazon spending heavily on warehouses, Kindle technology, cloud business. SAN FRANCISCO, Oct 25- Amazon.com Inc reported weak quarterly results on Thursday as the world's largest Internet retailer spent heavily and suffered from an economic slowdown in Europe.

  • Oct 25- McDonald's Corp will start selling bags of its ground coffee in major Canadian stores in November, its Canadian chief told Reuters on Thursday, in a likely challenge to rivals like Starbucks Corp and Dunkin' Donuts.

  • SAN FRANCISCO, Oct 25- Apple Inc reported quarterly revenue that met Wall Street expectations even as iPad sales disappointed. Apple said its fiscal fourth quarter revenue rose to $35.96 billion, roughly in line with the average analyst estimate of 35.8 billion, according to Thomson Reuters I/B/E/S.

  • SAN FRANCISCO, Oct 25- KLA-Tencor Corp posted fiscal first-quarter revenue below expectations as chipmakers, worried about the economy, held off on new orders of manufacturing equipment. KLA-Tencor said first-quarter revenue was $721 million, compared with $796 million in the year-ago period.

  • *Stronger than expected UK growth supports risk-on trade. *Treasury sells $29 billion in seven-year notes. ``Today's auction was pretty lackluster,'' said Kim Rupert, managing director of global fixed income analysis at Action Economics in San Francisco.

  • SAN FRANCISCO, Oct 25- Amazon.com Inc reported weak quarterly results on Thursday as the world's largest Internet retailer spent heavily and suffered from an economic slowdown in Europe. Amazon shares fell more than 5 percent to $211 in after-hours trading following the results.

  • *Stronger than expected UK growth supports risk-on trade. *Treasury sells $29 billion in seven-year notes. ``Today's auction was pretty lackluster,'' said Kim Rupert, managing director of global fixed income analysis at Action Economics in San Francisco.

  • Oct 25- The New York Times Co posted worse-than-expected results on Thursday as advertisers cut spending on both print and digital outlets, sending its shares down 22 percent.

  • San Francisco's Hot Property Sector     Thursday, 25 Oct 2012 | 7:40 PM ET

    Tim Murphy, MD, IP Global says that real estate stock levels in San Francisco is really low, making the city a great place to invest.

  • Yahoo CEO Mayer buys mobile start-up Thursday, 25 Oct 2012 | 6:55 PM ET

    SAN FRANCISCO, Oct 25- Yahoo Inc said on Thursday it bought a small, mobile start-up company in New York, marking one of new Chief Executive Marissa Mayer's first moves to revamp the struggling Web pioneer by acquiring outside products and technology.

  • *Stronger than expected UK growth supports risk-on trade. *Treasury sells $29 billion in seven-year notes. ``Today's auction was pretty lackluster,'' said Kim Rupert, managing director of global fixed income analysis at Action Economics in San Francisco.

  • KLA-Tencor 1st quarter net income declines Thursday, 25 Oct 2012 | 6:33 PM ET

    MILPITAS, Calif.-- KLA-Tencor, which makes equipment for manufacturing semiconductors, said Thursday that its fiscal first-quarter net income fell 30 percent, hurt by weak demand across its industry. Net income for the three months ended Sept. 30 fell 30 percent to $135.4 million, or 80 cents per share.

  • PC makers Hewlett-Packard and Dell, at a glance Thursday, 25 Oct 2012 | 6:25 PM ET

    Personal computer makers Hewlett-Packard and Dell are having a tough year. President and CEO: Meg Whitman. Source: Google Finance, Morningstar, company websites.

  • Boeing acquires software company Miro Technologies Thursday, 25 Oct 2012 | 6:19 PM ET

    NEW YORK-- Boeing said Thursday that it has acquired Miro Technologies, a privately held company that specializes in software to help manage logistical services. Miro will become part of the Global Services& Support business that falls under Boeing Defense, Space& Security, which is a unit of The Boeing Co. Financial terms of the acquisition were not disclosed.

  • Varian Medical shares rise on positive 3Q earnings Thursday, 25 Oct 2012 | 6:11 PM ET

    PALO ALTO, Calif.-- Shares of Varian Medical Systems Inc. jumped 13 percent in afterhours trading Thursday after the company reported a 20 percent rise in its fourth-quarter profit fueled by higher device sales. Varian reported net income of $120.2 million, or $1.08 per share, up from $101 million, or 87 cents per share, in the prior year period.

  • Chief Executive Officer Stephen Chazen set a target of lowering costs to 2011 levels by the end of next year, zeroing in on those in the company's home state of California. The stock is down 13 percent so far in 2012, while Exxon Mobil Corp and Chevron Corp are up for that period.

  • CORRECTED-UPDATE 3-NY Times misses revs view Thursday, 25 Oct 2012 | 5:58 PM ET

    Wall St view EPS 8 cents. Oct 25- The New York Times Co reported worse-than-expected results on Thursday as advertisers cut spending on both print and digital outlets, sending shares down 16 percent.