Some of the day’s top online stories for investors, including advice on how to heal the economy, a review of Angry Birds Halloween for the iPad and iPhone, and what happened to Chatroulette?
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Samsung Electronics (SSNHY), the world’s biggest maker of TVs, expects weaker fourth quarter earnings because of lower prices and a stronger South Korean won.
The fourth quarter will see “severe” competition in TV prices, Samsung said, according to B…
The pharmaceutical giant said its profit was impacted by a large charge related to its recent merger with Schering-Plough, but still managed to top analyst estimates. Looking forward, Merck lifted the lower end of its 2010 earn…
The Estee Lauder Companies (EL) reported earnings of 95 cents per share for the quarter ended Sept. 30, compared with 71 cents per share a year earlier.
Sales rose 14% to $2.09 billion, the company said in a statement.
The results included charges associated with restructuring activities, which amounted to 2 cents per share.
“We had an excellent quarter and made a strong entrance…
Continue reading Estee Lauder Reports Earnings of 95 Cents Per Share
Estee Lauder Reports Earnings of 95 Cents Per Share originally appeared on DailyFinance on Fri, 29 Oct 2010 07:48:00.
Filed Under: Company News, Earnings, Retail
Chad Hurley, co-founder and CEO of YouTube, will move to an advisory role at the company, TechCrunch said.
Hurley is working on other projects and will focus on them when he becomes an adviser at the Google (GOOG) subsidiary, TechCrunch reported. He declined to give details on the other projects.
Hurley founded YouTube in 2005 along with Steve Chen and Jawed Karim. All three of the…
Continue reading YouTube CEO Chad Hurley to Move to Advisory Role
YouTube CEO Chad Hurley to Move to Advisory Role originally appeared on DailyFinance on Fri, 29 Oct 2010 07:20:00.
Filed Under: Company News, Technology, People, Media, Google