Investors hang on tight to market roller coaster
Wall Street appears nervous as high-tech giants Yahoo and Motorola report on-target earnings but leave questions unanswered and Lucent Technologies warns it won't meet estimates.
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latest developments |
Wall Street appears nervous as high-tech giants Yahoo and Motorola report on-target earnings but leave questions unanswered and Lucent Technologies warns it won't meet estimates.
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Another day of turmoil for tech shares
update Weary investors continue to slog through the storm of profit warnings, and a lackluster earnings report from Yahoo doesn't help.
Yahoo beats Street but concerns remain
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The Web portal reports third-quarter profit and revenue that slightly exceeds analyst expectations, sending the shares on a roller-coaster ride in after-hours trading as investor enthusiasm turns to concern.
Lucent warns earnings will miss estimates
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Lucent Technologies' financial woes continue as the telecommunications equipment maker says it expects next quarter's profits will be lower than expected.
Motorola lowers outlook for fourth quarter, 2001
The technology giant's stock drops after it blames its dimmer earnings guidance on lower-than-expected growth in mobile phone sales.
Motorola earnings meet expectations
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The company reports earnings that match Wall Street expectations, although sales are somewhat less than some analysts had predicted.