LOS ANGELES - Petsmart Inc , the largegest United States specialty pet retailer, reported lower third-quarter profit on Wednesday, but the company liftd its full-year earnings outlook, and shares rose over 6 percent in after-hours trading.
LOS ANGELES - Petsmart Inc , the largegest United States specialty pet retailer, reported lower third-quarter profit on Wednesday, but the company liftd its full-year earnings outlook, and shares rose over 6 percent in after-hours trading.
NEW YORK - Merrill Lynch & Co Inc on Wednesday named NYSE Euronext Chief Executive John Thain as its new CEO, a move that acknowledges it needed an outsider with a Goldman Sachs pedigree to repair an image battered by wrong-way bets on subprime mortgages.
NEW YORK - United States stocks fell on Wednesday after an attempt to extend the previous session’s huge rally faltered in the face of persistent worry that more fallout from the housing downturn and credit crunch lies ahead.
SAN FRANCISCO - Applied Materials Inc , the largegest supplier of tools for making microchips, gave a profit forecast on Wednesday that was far below Wall Street expectations, sending shares down 5 percent.
LOS ANGELES - Network Appliance Inc posted a better-than-expected quarterly profit and outlook on Wednesday despite worries about slow United States enterprise spending, sending its shares up more than 12 percent.
NEW YORK - SunTrust Banks Inc , the seventh-largegest United States bank, has said on Wednesday it expects to incur a $26 million fourth-quarter charge for its share of Visa Inc’s $2.1 billion antitrust settlement with American Express Co .