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Yahoo! Slips as Q1 Revenue, EPS Beat Awaiting Verizon Deal

Business & Finance / Investing : Tech Trader Daily

Yahoo! (YHOO), which is in the process of selling its “core” advertising business to Verizon Communications (VZ), this afternoon reported Q1 revenue and profit that topped analysts’ expectations, though its shares slipped in late tr...

Applied Opto Drops 16% as Forecast Misses by a Mile

Business & Finance / Investing : Tech Trader Daily

Fiber-optic component maker Applied Optoelectronics (AAOI) this afternoon reported Q4 revenue that missed analysts’ expectations, but beat on the bottom line, as it continued to struggle with lower sales into cloud computing operato...

Revenue jumps 40% at UKIP donor Arron Banks' insurance business Eldon

Business & Finance : Business Insider: Clusterstock

LONDON — Revenue at UKIP donor and Brexit campaigner Arron Banks' insurance business jumped 40% to £47.3 million last year, accounts show. Despite the rise in turnover, Bristol-based Eldon slipped from a profit of £284,000 in 2015 t...

IBM is slipping after whiffing on revenue (IBM)

Business & Finance : Business Insider: Clusterstock

IBM is slipping after the company posted disappointing revenue on Tuesday. The company declined in all five of its major businesses, and the stock is down 2.70% in pre-market trading on Wednesday. Revenues fell 4.7% versus a year ag...

Goldman Sachs just let slip how badly a key business is performing (GS)

Business & Finance : Business Insider: Money Game

Goldman Sachs reported third-quarter earnings on Tuesday, crushing Wall Street estimates. The FICC business, which has been struggling, jumped 25% from a terrible second quarter. Still, FICC revenues for the first nine months of the...

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