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Corporate Earnings

Boeing plane orders at risk

Although The Boeing Co. has a record backlog of orders and has been raising production rates, the world financial crisis and credit crunch will result in many of those orders being canceled or deferred, a Wall Street analyst...

Google rewires Washington in challenge to Microsoft Office

WASHINGTON — Vivek Kundra, recruited by the city of Washington to overhaul computer networks plagued by cost overruns and viruses, treats his projects like stocks. The biggest "buy" on his trading floor is Google Inc. Kundra,...

Despite Healthy 3Q, Analysts Fear Trouble for IBM into '09 -- Tech Giant, Rest of Sector Take...

By Jordan Robertson SAN FRANCISCO - Even after IBM Corp. surprised Wall Street with a healthy profit in the third quarter and a reaffirmation of its earnings outlook for the rest of the year, the broader technology sector dived...

Deciphering the Dow

By Kim Souza THE MORNING NEWS SPRINGDALE -- Investors big and small have spent the past 10 days in wide-eyed disbelief as "the market" unraveled at the seams, with "the Dow" conceding roughly one-fourth of its total value. The...

Most East Texas sales tax revenues stay above state, national averages

By MIKE ELSWICK Saturday, October 11, 2008 East Texas might not be immune from national and world economic woes, but one of the area's basic economic indicators came in on a strong positive note Friday. Sales tax receipts...

Judge orders Entellium CEO kept in custody

A federal prosecutor suggested Friday that the CEO of a Seattle software company accused of inflating the company's revenue to raise money from venture funds had also used the company's coffers as his "personal piggy bank."

City Financial Outlook Grim In Midst of Economic Crisis

40M Revenue Shortfall, More Cuts Loom; Aguirre Demands Pension Fund Numbers After five years as an outcast on Wall Street, and even with recently upgraded credit ratings, the city of San Diego still finds itself behind a...

Commissioners: Home’s budget unrealistic

Commissioners: Home’s budget unrealistic BY SANDRA K. REABUCK The Tribune-Democrat EBENSBURG — Cambria County officials admitted Friday that Laurel Crest’s $32.9 million budget for 2008 was an unrealistic one with the number of...

Infosys sees over 50% erosion in market cap

Infosys Technologies has posted good set of numbers for the quarter ended September 2008 (Q2FY09) but the company has lowered its FY09 guidance. The stock closed down just by Rs 27.65, or 2.2% at Rs 1,226.70.

Financial headlines: Compuware warns of weak earnings

Compuware Corp.'s stock plunged 17.7% Friday on warnings that the economic crisis had a negative impact on its fiscal second quarter that ended Sept. 30. ALSO: Lear lowers expectations for the year; Delphi fraud trial can...