Earnings
NEW YORK - Shares were pummeled in Chinese wireless network gear-maker Telestone Technologies Corp., which on Thursday reported lower second-quarter profits as rising costs for training its sales staff offset higher revenue.
NEW YORK - Stocks headed for a modestly lower opening Thursday after Cisco Systems added to investors' anxiety by reporting revenue figures that fell short of forecasts.
NEW YORK - Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Macy's Inc., up $1.14 at $20.52
Macy's net income surged in the second quarter as the department store chain saw a payoff from its focus on exclusive moderate-price fashions and tailoring merchandise to local markets.
BERLIN - Business software maker SAP AG said Tuesday that growth in the United States and emerging markets helped it to a 15 percent increase in second-quarter net earnings.
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