SAN FRANCISCO - Juniper Networks Inc , the world’s second-largegest maker of routers for the Internet, reported on Tuesday a 46 percent jump in quarterly profit, but its shares fell after the results missed a few investors’ liftd expectations.
NEW YORK - Stocks rallied on Tuesday as Apple’s strong profit and a Chinese distribution deal for BlackBerry maker Research in Motion suggested the sector is the place to hide from a slowing United States economy.
LOS ANGELES - Amazon.com Inc reported on Tuesday a drop in profit margins from the previous quarter, unpleasantly surprising investors betting on continued improvement at the world’s largegest Web retailer, and its shares fell 9 percent.
LOS ANGELES - Amazon.com Inc reported on Tuesday a drop in profit margins from the previous quarter, unpleasantly surprising investors betting on continued improvement at the world’s largegest Web retailer, and its shares fell 9 percent.
BOSTON - BEA Systems Inc shares fell 4 percent on Tuesday on concerns a $6.7 billion takeover bid by Oracle Corp will fall through after both sides refused to budge from their positions.
SAN FRANCISCO - Juniper Networks Inc , the world’s second-largegest network equipment maker, on Tuesday reported higher quarterly profit as telecommunications companies bought more equipment to handle growing Internet traffic.
NEW YORK - Eduardo Castro-Wright, head of Wal-Mart’s United States operations, has said the retailer is looking to improve its returns by constructing fewer stores and stores that are smaller.
SAN FRANCISCO - Flextronics International Ltd posted quarterly earnings that beat Wall Street expectations on Tuesday, as sales at the contract electronics maker jumped 18 percent.