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IBM Profit Falls as Revenue Declines
2015-07-20 22:47:21| Semiconductors - Topix.net
International Business Machines Corp. said its second-quarter earnings fell 17% as the technology giant posted its 13th straight quarter of year-over-year revenue declines.
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Halliburton 2Q profit falls on costs tied to oil slowdown
2015-07-20 18:40:51| Oil & Gas - Topix.net
Halliburton's second-quarter profit dropped as it dealt with some charges tied to the oil market slowdown. But the company's adjusted results easily topped analysts' estimates.
Schlumberger Profit Falls 30% on Weak Oil Prices
2015-07-17 05:01:02| Energy - Topix.net
Schlumberger Ltd.'s second-quarter earnings fell 30% on plunging revenue, as the oil-services sector continues to grapple with weak oil prices. Schlumberger reported a profit of $1.12 billion, or 88 cents a share, down from $1.6 billion, or $1.21 a share, a year earlier.
Schlumberger Profit Falls 30% on Weak Oil Prices
2015-07-17 02:21:18| Oil & Gas - Topix.net
Schlumberger Ltd.'s second-quarter earnings fell 30% on plunging revenue, as the oil-services sector continues to grapple with weak oil prices. Schlumberger reported a profit of $1.12 billion, or 88 cents a share, down from $1.6 billion, or $1.21 a share, a year earlier.
Fairchild Semiconductor (FCS) Stock Falls on Earnings Miss
2015-07-16 21:02:35| Semiconductors - Topix.net
Fairchild Semiconductor reported earnings of 12 cents a share for the second quarter, missing analysts' estimates of 20 cents a share. "Demand was weaker than expected during the second quarter from some mobile and appliance customers, the wireless telecom sector as well as general market distribution," chairman, president, and CEO Mark Thompson said.
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