TAG RESULTS FOR: stocks

Sony Posts Financial Loss of $1.2 Billion Dollars This Year

Sony Posts Financial Loss of $1.2 Billion Dollars This Year

Sony has been hit pretty hard this past year, which is finally evident in their financial forecast. The company has modified its forecast for its financial losses for the fiscal year, raising it to $1.2 billion dollars. Continue reading

LG Posts Financial Losses for Q3 2011

LG Posts Financial Losses for Q3 2011

On par with the negative economic news being released by other tech companies, LG has posted a dismal earnings report for Q3 of 2011. Continue reading

Analysts Expect Nintendo to Announce Huge Loss in Profits

Analysts Expect Nintendo to Announce Huge Loss in Profits

After a dismal year of sales, analysts are expecting Nintendo to announce greater-than-expected losses tomorrow. Continue reading

Netflix Loses 800,000 Customers Over Price Hike, Stocks Drop 35%

Netflix Loses 800,000 Customers Over Price Hike, Stocks Drop 35%

Today, Netflix announced that they’ve lost over 800,000 subscribers in the past quarter, and that they expect to lose even more before the end of the year. Continue reading

XM-Sirius Will Most Likely File For Bankruptcy

The New York Times tends to be a pretty reputable news source. So when I read last night that XM-Sirius Satellite Radio is probably going to file for bankruptcy, I felt like absolute shit. Why? Because I recently bought some shares of the company hoping it’d recover by 2011. Apparently CEO Mel Karmazin just can’t get the company to turn a profit and the debt is piling up. Combined with pissed off shareholders like myself who are fuming over a... Continue reading