Technology, Third Quarter Earnings | featured news

Groupon’s quarterly loss narrowed as the online-coupon service cut marketing costs but revenue growth continued to slow. Its shares tumbled after hours.

Shares in AOL have jumped 14% after the US internet firm reported a sharp rise in advertising revenues. Advertising sales jumped 7% to $340m (£212m), boosting net profit for the third quarter to $20.8m, compared with a loss of $2.6m a year ago.

Shares of security software vendor AVG Technologies are trading sharply higher Thursday on better-than-expected Q3 financial results. For the quarter, AVG posted revenue of $95.3 million, up 34% from a year ago, and ahead of the Street at $85 million.

Investors are sending Apple's stock below $600 for the first time in three months, after the consumer electronics behemoth reported earnings for its latest quarter that missed expectations and warned that profits in the holiday quarter would fall from last year....

Facebook lost $59 million in the third quarter, but the newly publicly traded social networking site saw its shares soar on Wall Street early Wednesday. Facebook shares gained $4.35, or 22%, to $23.85 in early trading, after the company reported gains from mobile advertising.

Facebook reported better than expected third quarter earnings Tuesday, giving investors hope that the company might find positive momentum. In after hours trading, Facebook stock is up 67 cents, or 3.4%, to $20.16.

Google Inc said its financial printer RR Donnelley filed a draft of its third quarter earnings statement without authorization on Thursday morning.

Microsoft is on the verge of releasing Windows 8, its biggest software product in years — and the company's lackluster financial results on Thursday underscored how badly the company needs it to deliver.

Google Inc.’s stock plunged suddenly on Thursday afternoon after a contractor released the search company’s third-quarter earnings report early, by mistake. The stock fell $68.19, or 9 percent, to $687.30 before trading was halted to give investors a chance to digest the news. Google’s report had been slated for release after the close of regular trading Thursday.

In the third quarter of 2011, Samsung was the king of the smartphone world, with one report showing the domination of the manufacturer overtaking Apple's global reign.