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Applied Materia's quarterly revenue beats estimates
ReutersSAN FRANCISCO, May 16 (Reuters) - Applied Materials posted fiscal second-quarter revenue of $1.97 billion and a net loss of $129 million, or 11 cents a share, as concerns about the global economy weighed against fast-growing demand for chips used in...Tags: Applied Materials Incorporated
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Dell's profit slides 79 pct as it seeks to go private
ReutersSAN FRANCISCO, May 16 (Reuters) - Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continue to shrink. Revenue in its...Tags: Dell Inc., Michael S. Dell
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Nordstrom lowers sales forecast as 1st-quarter sales miss
Reuters* 1st quarter profit per share 73 cents vs estimates of 76 cents * Now sees full-year same-store sales up 3-5 pct * Shares down 3.9 percent after-hours May 16 (Reuters) - Nordstrom Inc on Thursday reported lower-than-expected sales and profit for the...Tags: Earnings Forecasts, Macy's, Inc., Nordstrom, Inc.
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Autodesk cuts full-year revenue forecast, shares fall
Reuters(Reuters) - Autodesk Inc's first-quarter results missed market expectations on sales declines in the Americas and emerging markets, prompting the maker of AutoCAD design software to cut its full-year revenue forecast. Shares of the company fell 5 percent...Tags: Computing and Information Technology Industry, Quarterly or Semiannual Financial Statements, Parametric Technology Corporation, Autodesk Incorporated, Earnings Forecasts
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Ventas trimestrales de Applied Material superan estimaciones
ReutersPor Noel Randewich SAN FRANCISCO, mayo 16 (Reuters) - Applied Materials reportó el jueves ingresos más altos a lo esperado en el segundo trimestre fiscal y dijo que las ventas del actual trimestre serán levemente más elevadas, ya que las...Tags: Applied Materials Incorporated
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New Jersey income tax collections up, jobless rate down in April
ReutersMay 16 (Reuters) - New Jersey's unemployment rate dropped to 8.7 percent in April and personal income tax collections rose 29.1 percent to $2.23 billion from the same month last April, state data show. The revenue increase, along with the third...Tags: Taxation, U.S. Department of the Treasury, Labor Markets, Unemployment, Personal Income
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U.S. municipal bond funds report spike in weekly inflows
ReutersWASHINGTON (Reuters) - U.S. municipal bond funds posted net inflows of $306.31 million in the week ended May 15, a near 14-fold increase from the $22.06 million inflow recorded in the previous week, according to data released by Lipper on Thursday. The...Tags: Finance, Mutual Funds, Bonds
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J.C. Penney sales, earnings plunge in 1Q
J.C. Penney Co. on Thursday said that total sales and same-store sales posted double-digit declines in the first quarter, as the struggling retailer forecast last week. Its operating margins plunged in the on the weak sales and heavy clearance deals, as...
Tags: Mother's Day, Corporate Officers, JC Penney Company Inc., Kohl's Illinois, Inc., Macy's, Inc.
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Aruba Networks sees weak fourth quarter as Cisco competition intensifies
Reuters(Reuters) - Network equipment maker Aruba Networks Inc forecast fourth-quarter results well below Wall Street expectations hurt by rising competition from Cisco Systems Inc , sending its shares down 17 percent after the bell. Aruba expects fourth-quarter...Tags: Cisco Systems Inc., Earnings Forecasts
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Ganancias de Dell caen, batalla por compra entre magnates recrudece
ReutersSAN FRANCISCO (Reuters) - El fabricante de computadores personales Dell Inc, blanco de una batalla de ofertas de compra entre el inversor activista Carl Icahn y el multimillonario fundador de la compañía, Michael Dell, reportó un descenso de un 79...Tags: Dell Inc., Carl Icahn, Michael S. Dell, Hewlett-Packard Co., IBM
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Kohl's expects sales to pick up
Reuters(Reuters) - Kohl's Corp said on Thursday it expects sales to rebound in the current quarter after bad weather in early spring hurt business at the department store chain. The retailer also reported a better-than-expected first-quarter profit, helped by...Tags: Inventories, Macy's, Inc., NYSE Euronext, Inc., Stock Market, Edward Jones
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U.S.-based stock funds reap $8.9 bln as stock markets climb -Lipper
ReutersBy Sam Forgione NEW YORK, May 16 (Reuters) - Investors in funds based in the United States poured $8.9 billion into stock funds in the latest week, the most in nine weeks as the S&P 500 continued to hit new record highs, data from Thomson Reuters'...Tags: Finance, Google Inc., Nikkei, Bonds, Citigroup Incorporated
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