Tag Archives: revenue
France considering smartphone, tablet tax to fund cultural content
France is considering imposing a tax on smartphones, tablets and other devices that connect to the internet and using the revenue to fund the creation of French film, music and other cultural content. Continue reading
U.S. Bank Shares Rise on Bullish Signal From Trading Executive
J.P. Morgan Chase & Co.’s (JPM) revenue from trading stocks and bonds in the second quarter is on pace to rise 10% to 15% from a year ago, an early but bullish projection that helped lift several big U.S. bank stocks to 52-week highs on Tuesday. Continue reading
5 unanswered questions about the IRS’s targeting of conservative groups
Outrage intensified in Washington on Monday over the disclosure that the Internal Revenue Service targeted conservative groups for special scrutiny when they applied for tax-exempt status.President Barack Obama, at a White House appearance with the British prime minister, said that he wanted all the facts but used strong terms to condemn the reported conduct.“I’ve got no patience with it. I will n.. Continue reading
Groupon Surges on Revenue Beat
NEW YORK (TheStreet) — Groupon shares were surging more than 11.5% to $6.25 in extended-hours trading Wednesday after the company exceeded first-quarter revenue forecasts. “We are encouraged by our results, as our local revenues accelerated and our margins improved over the prior quarter,” said Eric Lefkofsky, Groupon’s co-CEO, in a statement Continue reading
News Corp results beat estimates, spin-off on track
By Lisa Richwine (Reuters) – Rupert Murdoch's News Corp reported quarterly earnings that beat Wall Street expectations, aided by growth at its cable networks, and said it is on track to split off its slow-growing publishing business by the end of June. Its revenue rose 14 percent from a year earlier to $9.5 billion in the quarter, ended March 31, News Corp said on Wednesday. Continue reading
WSJ: Yahoo Wants To Be Out Of Microsoft Partnership
SUNNYVALE (dpa-AFX) – Struggling internet company Yahoo! Inc. (YHOO) has been trying to get out of its web-search partnership with Microsoft Corp., as the company’s revenue per search has been wor… Continue reading
Zillow Falls Despite Earnings Beat, Guidance Raise (Update 1)
Updated from 5:02 P.M. to include comments from the conference call in the fifth and sixth paragraphs. NEW YORK (TheStreet) — Zillow shares fell 3.05% to $61.02 despite the online real estate company posting results that beat Wall Street expectations and raised its revenue guidance for the full year. Continue reading
Don’t write off Microsoft just yet, analysts say
Facebook and LinkedIn earnings had Wall Street buzzing about social media and mobile this week. But investors may not want to ignore less hip Microsoft, say analysts Continue reading
Cheap American flights threaten Canadian airport business
The promise of cheaper flights is driving many Canadians across the border to U.S. Continue reading
LinkedIn 1Q net, revenue soar; outlook falls short
MOUNTAIN VIEW, Calif. (AP) — LinkedIn Corp. continued its uninterrupted streak of beating analysts’ expectations with its quarterly results on Thursday as earnings and revenue soared, but its outlook for the rest of the year disappointed Wall Street and its stock plunged in extended trading. Continue reading
