Internet-telephone service Skype has boosted its subscribers and cut costs, substantially shrinking its 2010 loss from a year earlier, the company reported in a Securities and Exchange Commission filing Friday.
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Yes, the unemployment rate sank below 9% in February, but the investors didn’t seem to be impressed by that report. They’re expected to focus this week on government data regarding consumer credit, some retail earnings and who…
Retailers forecast that 2011 will be a year spent dealing with inflation, expanding stores and trying to wean shoppers off their markdown habit. Faced with rising costs that are pushing their prices higher, merchants say they …
Activision Blizzard’s shares fell after the video-game maker forecast that 2011 sales would fall short of analysts’ estimates and announced that it would cease creating Guitar Hero games because of lackluster sales.
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The S&P 500 is a bellwether for the American economy, and with quarterly reports for more than half of the index’s companies in this earnings season, S&P 500 firms are averaging a 4.5% positive earnings per share surprise, acco…