(AP) - Among the earnings stories for Thursday, Jan. 31, from AP Financial
News:
NEW YORK (AP) -- Shares of Amazon.com Inc. fell sharply in premarket trading
Thursday after the online retailer forecast slower operating margins growth in
2008 than Wall Street expects as the company invests in the quality of services.
NEW YORK (AP) -- Shares of Adobe Systems Inc. fell in premarket trading
Thursday after Jefferies & Co. downgraded the software maker to "Underperform"
from "Buy," citing a sales dip in January expected to continue through part of
the year.
WASHINGTON (AP) -- Government data due out Thursday is expected to show that
personal income for December equaled the prior month's increase, while the pace
of spending slowed considerably.
WASHINGTON (AP) -- Wall Street economists expect an index of Midwestern
regional business activity to drop significantly Thursday, reflecting a
nationwide economic slowdown.
WASHINGTON (AP) -- Government data due Thursday is forecast to show that
initial claims for unemployment benefits rose last week after four straight
unexpected drops.
NEW YORK (AP) -- Shares of Cadence Design Systems Inc. plunged in premarket
electronic trading Thursday after the semiconductor manufacturing equipment
maker sharply cut its outlook to below Wall Street expectations.
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