HOUSTON _ Pros Holdings Inc. on Tuesday reported a loss of $17.7 million in its fourth quarter. Five analysts surveyed by Zacks expected $41.8 million. For the current quarter ending in April, Pros Holdings expects its results to range from a loss of 36 cents per share to a loss of 34 cents per share.» Read More
The company's fourth quarter earnings report is particularly devastating since the company comes up way short as far as Wall Street expectations are concerned, even though analysts have been falling all over each other over the past week to lower estimates.
Dell will release its fourth quarter earnings after the bell tonight, and despite some draconian cost cuts and a rock-bottom share price, it is an unattractive investment. And will be for the foreseeable future.
Apple will not be streaming the event to its website, a restriction it has historically used. Nor, I'm told, will Apple allow any communication devices into the event so those of us trying to cover it can live blog. No Blackberrys. No iPhones. No laptops of any kind.
For the first time since returning to Apple's C-suite back in 1997, Steve Jobs will not preside over the company's annual shareholder meeting which begins later this morning at 10am PST.
I just got finished speaking with Paul Otellini, Intel's CEO, about his company's massive expansion plans, announced earlier today, and he tells me while his news wasn't enough to turn red ink into black on Wall Street, it did bring a smile to the face of at least one person.
Anyone who has covered Intel during its 41-year history knows the company's strategy during tough economic times: You gotta spend money to make money, with today's announcement, Paul Otellini set a new standard.
NetApp is seeing huge call volume Monday, ahead of its quarterly report Wednesday after the close. ... NTAP was above $26 in September, but bottomed at $10.39 in early November. Since then the data storage company has steadily climbed; at one point today the shares reached $16.74 after a Barron's article called the company recession-resistant.
There may be a method to Cisco's madness when it comes to earnings announcements, and not running with the pack. The company reports after the bell tonight, and comes two weeks after the flood of tech earnings began.
Challenger, Gray & Christmas reported today the pace of tech industry job cuts jumped 167 percent in the second half of 2008, with computer, electronics and telecom firms slashing 186,995 jobs in 2008. It's the highest total since the 228,325 job cuts in 2003. And January is shaping up to be equally brutal.
Infosys CEO Kris Gopalakrishnan is guest blogging for CNBC.com at WEF. Here are some of his thoughts he related to us as the event gets underway, including what he hopes to see from the sessions, what his company discloses on banks and what he hopes to see at the buffet table.
Alcatel-Lucent CEO Ben Verwaayen is guest blogging for CNBC.com. Here are some of his thoughts related to us on the first day at Davos, including the shift from chit-chat to note- taking, the presence of Russia and China and if executives really travel here touting cost cuts.
Yahoo investors are preparing for the worst and hoping for the best, but those hopes are dim for any good news after the bell tonight when the company reports its fourth quarter earnings.
This is a Live Blog of what some are calling the most anticipated earnings and conference call in Apple's history. Tim Cook - the acting CEO now that Steve Jobs has taken a medical leave will be front and center.
When it comes to Apple and Steve Jobs' health disclosures, indeed any perceived cover-up, it all comes down to what was known, and when. Easy questions to ask, but harder questions to answer.
IBM pleasantly surprised everyone and is up 4 percent after the bell on strong earnings, guidance.
No question these are tumultuous times for Apple Inc. , and while it's easy to be distracted by the management, or mis-management at its highest echelons —depending upon who and what you believe — let's not forget that there is a company operating beneath those headlines, and that it will report its first quarter earnings Wednesday.
Apple’s stock was hammered in after-hours trading on Thursday because, to be blunt, investors simply don’t believe Mr. Jobs' health issues are not serious.
When Intel pre-released its worse-than-expected earnings last Wednesday there had to be a collective sigh of relief for so many tech companies looking at the same kind of thing on their books, and who didn't want to be the first to deal with the wrath of the market.
Microsoft CEO Steve Ballmer took the stage in Las Vegas Wednesday night to kick off the annual Consumer Electronics Show, the first time he has delivered the prestigious opening keynote address, a role filled by his colleague Bill Gates for the last 14 years.
Here's the thing about technology and the technology industry: pioneers and visionaries like Microsoft, Intel, Sony and so many others didn't make their fortunes focused on today and tomorrow. They're all about the future, which is particularly important in today's current economic climate.
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Matt Hunter is the senior technology editor at CNBC.com.
Ari Levy is CNBC.com's senior technology reporter in San Francisco.
Harriet Taylor is a CNBC.com technology reporter based in San Francisco. She covers Apple, Uber and the sharing economy, cyber security and emerging Silicon Valley trends.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.