Facebook's shares reached record highs due to mobile ad revenue. Shares of the social networking giant skyrocketed back to their pre-listing level for the first time since its initial public offering.
Tags: Revenue
JPMorgan posts profit as trading picks up and legal costs ease
JPMorgan Chase & Co (JPM.N) reported a third-quarter profit as the biggest U.S. bank boosted revenue from trading and investment banking, and moved past the huge legal claims that pushed it into a rare loss in the same quarter last year.
Air France strike crisis deepens as both sides dig in
A bitter Air France labor dispute deepened on Monday as management pledged to press ahead with its low-cost airline ambitions and pilots said that an eight day-old strike over the proposals would continue indefinitely as a result.
HP revenues to stabilize according to CEO
In a meeting with analysts, HP CEO Meg Whitman said she is confident of the firm's direction with an expectation that revenues would stabilize in the long run.
Blackberry shares tumble as net loss report to be made public
With a net operating loss between USD950 million and USD995 million, BlackBerry is feared to be nearing its closure.
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IBM cooperated on the SEC probe of its cloud revenue. IBM Corp. stated Wednesday that it was cooperating with US regulators on a probe of its cloud revenue.
BlackBerry could turn things around if the company's restructuring, product improvement and marketing strategy would succeed.
Analysts stated that when it comes to handling mobile revenue, Facebook would face an opportunity while Google would need to deal with a challenge.
Google is expecting a revenue growth decline in the future as it shifts to a mobile operating environment.
Huawei announced that its revenue growth increased for this year. Chinese information and communications technology solutions provider Huawei Technologies Co.
Von Miller would be suspended for four games if it was proven that he violated NFL's policy regarding substance abuse.
ESPY recognized Robin Roberts' efforts by giving her the Arthur Ashe Courage Award. Tonight, Robin Roberts received the Arthur Ashe Courage Award at the ESPYs.
Steve Cohen was named by BenefitMall as its new vice president. (Photo : Reuters)This is the logo of BenefitMall. Steve Cohen, former vice president of sales at White Glove Health, was announced as BenefitMall's new vice president.
Despite Nikkei highs, two major companies report losses for the period. The Nikkei index of Japan is now nearing a five year high as the share average jumped higher in the day's trading.
