Wells Fargo reported net income rose 3% to a record $3.34 billion in the third quarter, thanks to its merger with Wachovia, the bank said. Also, improving credit conditions managed to offset a 7% fall in revenue.
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The renegade clothing maker and retailer led by the outrageous Dov Charney faces high-drama legal problems worthy of a daytime soap: sexual harassment suits, a wage-and-hour suit, immigration problems and shareholder suits. But…
The world’s biggest brokerage posted a third-quarter net loss, hurt by special charges and declines in sales and trading activity in a low-volume market. On an adjusted basis, Morgan missed Wall Street’s forecast.
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The airplane maker beat expectations thanks to strong commercial aircraft sales in the third quarter. Boeing also boosted its full-year outlook, sending its shares flying more than 2% higher.
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Apple (AAPL) will host a media event today, amid a frenzy of speculation about what new products the company will unveil.
Top of the list is a new version of Mac OS X, the computer operating system. The invitation send to reporter and bloggers last week included an Apple logo with the image of a lion, ABC News reported.
The current version of OS X is called “snow leopard” and…
Continue reading Apple to Hold Media Event; Speculation on New Products Builds
Apple to Hold Media Event; Speculation on New Products Builds originally appeared on DailyFinance on Wed, 20 Oct 2010 07:34:00.
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