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International Business Machines Corp. (NYSE:IBM) on Tuesday announced a Q1 profit that increased over 7% from a year earlier, as the technology giant saw gains in its major services and software businesses. Though, IBM shares dropped by as much as …

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Citigroup Posts $2.9 billion Profit in First Quarter – NYSE:C

Citigroup Inc. (NYSE:C) announce earnings of $2.9 billion in the first quarter of the year, assisted by record revenue from processing deals for its international clients and more clients paying back loans on time. The bank made 95 cents per … Continue reading

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An increase in mortgage banking income assisted lift Wells Fargo & Company‘s (NYSE:WFC) Q1 profit by 13%, but its shares dropped on concerns that the bank is falling behind on its drive to lower costs. Wells Fargo, the fourth biggest …

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Strong Sales Boost Google Earnings; Net Up 61% – NASDAQ:GOOG

Google Inc. (NASDAQ:GOOG) on Thursday announced a 61% increase in Q1 profit on a little higher-than-projected sales, and declared a surprise special dividend that would act as a stock split for firm shareholders. Google shares were marginally higher in late … Continue reading

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Saba Says It Will Not Meet Quarterly Report Deadline – NASDAQ:SABA

Saba Software, Inc. (NASDAQ:SABA) announced it won’t meet Monday’s deadline for filing its quarterly report as it performs an accounting assessment of past results. Saba’s audit committee has involved counsel to help in an independent accounting evaluation of previous period … Continue reading

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