All Posts Tagged With: "palm"

Global Investing Roundups

Palm Can’t Compete; Oracle Reports Profit Jump; Gustav Drives Unemployment; AIG Taps Edward Liddy; McCain Wants SEC Chief Canned; FedEx Felled by Fuel Costs

-Palm Inc. (PALM) yesterday (Thursday) reported its fifth consecutive quarterly loss, as that maker of the Treo smartphone continued to lose ground to the more popular Blackberry models from rival Research in Motion Ltd. (RIMM). “Revenues will still be under pressure and profits elusive” over the next few quarters, Chief Executive Officer Ed Colligan, said on a conference call with analysts, Bloomberg News reported.

-Oracle Corp. (ORCL) said yesterday (Thursday) that its fiscal first-quarter profit jumped 28% to…

19Sep2008 | Money Morning | Comments Off | Continued

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