Fourth Quarter Earnings | featured news

Yahoo Inc's quarterly net revenue slid 4 percent and it forecast a further slide this quarter as it struggles to revive growth in the face of intense competition from Google and Facebook.

Verizon Wireless increased subscribers to 94.1 million in the fourth quarter, up from 93.2 million in the third quarter, a small increase that shows how saturated the US wireless market has become even for the top ...

Bank of America reported Friday that it had a $1.2 billion loss in the fourth quarter of last year, including a previously announced charge of $2 billion reflecting a decline in the value of its home loans and insurance business.

Discount carrier posts 12.9% gain in fourth-quarter earnings. The discount carrier said net income totaled $131 million, or 18 cents per share, compared to $116 million, or16 cents per share, in the same quarter last year. Operating revenue rose 14.8%, to $3.1 billion.

China's gross domestic product in the fourth quarter grew 9.8% from a year earlier, faster than the third quarter's 9.6% rise, which may increase market expectations for further tightening on monetary policy.

Apple receives vote of confidence as analysts raise their price target for the company's shares a day after it unveils record profits and revenues.

Wells Fargo & Co. says its fourth-quarter profit shot up, as it was able to lower the amount of reserves set aside to cover souring loans.

The burst of energy the economy showed at the end of last year isn't likely to be repeated anytime soon.

Dell reported a 5% drop in fourth-quarter earnings Thursday, but the computer maker beat Wall Street's expectations on solid sales across all its segments as businesses started spending on IT again.

Hewlett-Packard raises its outlook for its financial year after strong sales over the Christmas period lifted its profits by 25%.