SAN DIEGO _ Qualcomm Inc. on Wednesday reported fiscal first-quarter earnings of $1.97 billion. Analysts expected $6.92 billion, according to Zacks. For the current quarter ending in March, Qualcomm expects its per-share earnings to range from $1.28 to $1.40.» Read More
LITTLE PROGRESS: Europe made little progress Tuesday in its efforts to secure the region's stricken financial system when finance ministers from the European Union failed to agree on how a single banking supervisor should be set up.
NEW YORK-- Increased competition on several key routes led Hawaiian Airlines Inc. to cut its third-quarter revenue expectations on Tuesday. The stock of its parent company, Hawaiian Holdings Inc., lost as much as 6 percent. Hawaiian started flying nonstop between New York and Honolulu in June.
NEW YORK-- A Raymond James analyst upgraded shares of industrial manufacturer Trinity Industries Inc. on Tuesday, saying he expects better results for its inland barge and railcar businesses.
LOS ANGELES-- NBC slashes Jay Leno's "Tonight" pay in half, but forks out more than $8 billion to renew its broadcast rights to Sunday Night Football. Yes, according to observers, who say NBC is making the right moves by saving where it can and spending where it should under new owner Comcast Corp..
RICHMOND, Va.-- The U.S. government is asking a federal appeals court to rehear a challenge to a Food and Drug Administration requirement that tobacco companies to put large graphic health warnings on cigarette packages to show that smoking can disfigure and even kill people.
PROVIDENCE, R.I.-- A federal judge who appointed a special master to help mediate hundreds of foreclosure disputes in Rhode Island's courts said Tuesday he's "incredibly pleased" with the process so far, but is looking for ways to improve it.
KANSAS CITY, Mo.-- A Kansas City biodiesel plant plans to expand, allowing it to increase production by 40 percent. The facility is a joint venture of Paseo and Cargill and is near the Paseo Bridge in Kansas City. Jay Nixon traveled to Kansas City for the announcement.
WASHINGTON-- Federal investigators have charged 530 people for allegedly defrauding more than 73,000 desperate homeowners around the country who fell behind on mortgage payments, leaving them vulnerable to con artists offering to help them avoid foreclosure.
AMSTERDAM-- World stock markets fell Tuesday on a gloomy forecast from the IMF and worries over Europe's debt crisis ahead of the start of earnings season.
JACKSON, Miss.-- Trustmark Corp. says it will delay its takeover of BancTrust Financial Group because regulators haven't approved the deal yet. Jackson- based Trustmark had been scheduled to close its $55 million purchase of BancTrust by Dec. 31.
PROVIDENCE, R.I.-- Gasoline prices are holding steady in Rhode Island. AAA Southern New England said Tuesday that the average price for a gallon of regular unleaded gas is $3.96, unchanged from last week. Drivers in Rhode Island paid an average of $3.54 a gallon at this time last year.
JEFFERSON CITY, Mo.-- Businesses affiliated with the husband of Missouri Sen. Claire McCaskill have received almost $40 million in federal subsidies for low-income housing developments during her first five years in office, though it appears only fraction of that has made it to the family's bank accounts, according to an Associated Press analysis.
NEW YORK-- The former teen whom Roman Polanski was convicted of having sex with _ leading to one of Hollywood's most notorious scandals and the director's flight from the U.S. _ is writing a memoir. Samantha Geimer, now 47, has a deal with Atria Books for "The Girl: Emerging from the Shadow of Roman Polanski."
Drake, Justin Bieber, Maroon 5, One Direction and Usher earned three bids apiece. Carrie Underwood, Chris Brown, fun., Gotye, J. Cole, Katy Perry, Kelly Clarkson, Luke Bryan, and Pitbull are each double nominees. Drake, Bieber, Maroon 5, Katy Perry and Rihanna are also in the running for artist of the year.
DALLAS-- Luxury retailer Neiman Marcus rolled out its annual holiday catalog Tuesday, and the priciest gift this year is a pair of "his and hers" timepieces for just over $1 million from Van Cleef& Arpels.
NEW YORK-- The tickers of coal companies occupied the top of the Standard and Poor's 500 index Tuesday, with investors seeing a potential for miners to capitalize on cooler temperatures and higher natural gas prices.
CHILLICOTHE, Ohio-- Josh Mandel, the Republican nominee for the U.S. Senate, declines to take a stand on the 2009 bailout of the auto industry and reserves judgment on vice presidential candidate Paul Ryan's plans for Medicare.