Earnings alert: IBM posts positive preliminary numbers

Read about the latest earnings reports from technology's leading players. This page is updated as new reports are filed.

Big Blue sees sunny forecast

IBM released preliminary earnings Wednesday, saying earnings per share and net income for the third quarter were up about 20 percent over the previous year.
(Posted in Business Tech by Jennifer Guevin)
October 8, 2008 7:38 PM PDT

SAP shares free-fall on third-quarter warning

Archrival Oracle also sees its stock sink, as investors worry that SAP's woes reflect industrywide issues and aren't just SAP-specific.
(Posted in Business Tech by Dawn Kawamoto)
October 6, 2008 9:46 AM PDT

Netflix shares plummet on lower quarterly outlook

Shares of movie rental service Netflix take a 13 percent hit in early-morning trading after the company lowers its outlook for fourth-quarter revenues and subscriber levels.
(Posted in Digital Media by Dawn Kawamoto)
October 6, 2008 8:29 AM PDT

Yahoo price target cut to $21 a share

Sanford Bernstein analyst takes a dim view of a deal between Yahoo and AOL, in light of antitrust concerns over a Yahoo-Google tie-up.
(Posted in Digital Media by Dawn Kawamoto)
October 6, 2008 6:38 AM PDT

eBay buys Bill Me Later, lays off 1,000

Online auctioneer, soon reporting third-quarter results, also announces plans to acquire Danish classifieds specialists Den Bla Avis and BilBasen for approximately $390 million in cash.
(Posted in Business Tech by Margaret Kane)
October 6, 2008 5:27 AM PDT