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J.C. Penney Posts A Wider Loss, Expects Better Holiday Quarter

J.C. Penney Company, Inc. (JCP) posted a wider net loss for the fiscal third quarter owing reduced margin resulting from heavy promotions to attract more customers. The retailer reported a 25% fall in sales...

Sony Posts Loss, Lowers Outlook

Sony Corp posted a net loss for the September quarter and also lowered the yearly profit estimate as the company’s TV operation suffered a loss, signaling the problems in reviving its electronic hardware operation.  Currency...

LinkedIn Grim Outlook Slows The Stock Momentum

LinkedIn Corp gave a grim revenue forecast for the end of the year that slowed the impressive run of the stock price so far, despite the fact that the professional network posted attractive numbers...

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