By Forbes 05/18/12 – 09:21 AM EDT By Todd Woody Will the booming US. solar installation industry become collateral damage in the growing solar trade war with China? On Thursday, the U.S Commerce Department issued a preliminary decision levying steep.
DOW JONES NEWSWIRES Pacific Sunwear of California Inc.’s (PSUN) fiscal first-quarter loss narrowed on improved same-store sales and margins. Shares surged 23% to $1.45 after-hours as same-store sales came in at the high end of company projections and the loss.
7:35 (Dow Jones) Needham says Salesforce.com (CRM) did some “kicking skeptics’ overstated concerns to the curb” with the business-software maker’s F1Q report amid “yet another strong and impressive bookings quarter.” Susquehanna says the results weren’t a “blowout,” but they were.
8:35 AM ET 5/18/12 | Dow Jones –Twitter is adopting the “Do Not Track” feature of Mozilla’s Firefox; expected to expand the opt-out clause to other major Internet browsers –Not comprehensive: It won’t keep predators from finding other ways to.
DOW JONES NEWSWIRES Brown Shoe Co.’s (BWS) fiscal first-quarter profit slumped 54% as costs tied to the footwear company’s overhaul of its business tamped down results, masking a surprise increase in sales and better-than-expected core earnings. Pointing to those gains,.
DOW JONES NEWSWIRES Donaldson Co.’s (DCI) fiscal third-quarter earnings rose 15% on slightly better margins, though the filtration-systems maker’s sales grew slower than expected. The company also raised its full-year earnings estimate by 3 cents to between $1.66 and $1.76.
DOW JONES NEWSWIRES Kirkland’s Inc.’s (KIRK) fiscal first-quarter earnings fell 38% as the discount home-decor retailer saw the return of weak same-store sales. The company also slashed its full-year earnings estimate to between 87 cents and 97 cents a share.
DOW JONES NEWSWIRES Ann Inc.’s (ANN) fiscal first-quarter earnings rose 5.1% as the reduced use of promotions helped the seller of women’s apparel beat its downbeat sales estimate. The company also forecast current-quarter sales of $585 million while analysts surveyed.
NEW YORK (MarketWatch) — The Facebook initial public offering fireworks are being lit by one factor alone: greed. Believe me. I know. The other day, my broker, an amiable fellow, breathlessly called me to say I could get in.
By David De Jong and Devon Pendleton | Bloomberg – 8 hours ago Email Print Companies: eBay Inc. Facebook, Inc. Google Inc. RELATED QUOTES Symbol Price Change EBAY 39.03 0.00 FB 0.00 0.00 GOOG 623.05 0.00 ZNGA 8.27 0.00 Facebook Inc. (FB)’s.
(Reuters) – Investors are bracing for Facebook’s Wall Street debut on Friday after the world’s No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history. Valued at $104 billion, Facebook is.
LONDON/HELSINKI, May 18 (IFR/Reuters) – Nokia Oyj is tearing through its cash reserves at an unsustainable rate, raising what some analysts say are serious questions about the struggling Finnish phone maker’s ability to stabilize its finances in the months ahead..
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The U.S. Postal Service announced on Thursday it’s moving forward with a $2.1 billion cost-savings plan to consolidate postal plants over the next two years, with consolidations starting in July. The cuts will be limited in 2012, with 48 plants.
Thursday’s economic calendar: 8:30 Initial Jobless Claims 10:00 E-Commerce Retail Sales 10:00 Philly Fed Business Outlook 10:00 Leading Indicators 10:30 EIA Natural Gas Inventory 4:30 PM Money Supply 4:30 PM Fed Balance Sheet Earnings before Thursday’s open: AAP, CSC, CTC,.
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