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Zynga warning on player spending hits shares
- Zynga Inc's shares fell 16 percent on Wednesday, amid heavy volumes, after the social gaming company warned of a slowdown in bookings, indicating paying players may be spending less than expected.
Clearwire shares up 5 percent after LightSquared news
NEW YORK - Shares of wireless service provider Clearwire Corp rose 5 percent on Wednesday following a U.S. government decision to block start-up LightSquared from building a rival wireless network.
Airbus learns from A380 saga: CEO
SINGAPORE - The head of Airbus said he had ordered an internal investigation into how the company allowed wing cracks to develop on its flagship A380 passenger jet as the world's largest planemaker sought to draw a line under weeks of embarrassing publicity.
Shares of Quest Software fall on 4th-quarter profit miss
- Shares of Quest Software Inc fell 9 percent on Wednesday, after the enterprise systems management software maker posted quarterly profit that missed analysts' expectation.
Avon sales slide as door-to-door reps leave
- Avon Products Inc reported weaker-than-expected fourth-quarter results as sales slid in most markets, and executives raised the possibility of layoffs soon.
Top hedge funds made timely 4th quarter Apple buys
- Leading hedge fund managers including David Tepper, Andreas Halvorsen and David Einhorn smartly added to their holdings of Apple in the fourth quarter after the death of Steve Jobs.
Luxury demand fuels Michael Kors glitzy quarter
- Michael Kors Holdings Ltd reported robust quarterly results as its namesake luxury brand saw strong demand, and said it expects its accessories business to drive profits in the coming quarters.
Hedge fund managers looked to tech in 4th quarter
NEW YORK - Last year was a dismal one for many U.S. hedge fund managers, but based on their year-end stock holdings, some managers were well positioned to take advantage of this year's strong start in the equity markets.
Boeing signs record $22.4 billion order with Lion Air
- Boeing Co said on Tuesday it signed its largest ever commercial airplane order with Indonesia's Lion Air in a deal worth $22.4 billion.
Zipcar sees wider-than-expected loss, shares slide
- Zipcar Inc forecast disappointing first-quarter results, as its new European market faces slower growth, sending the U.S. car-sharing industry leader's shares down more than 16 percent.
No related earnings announcements are currently scheduled within the next 7 days.
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