(Black Web 2.0) — Yesterday’s second quarter results for Radio One, Inc. (NASDAQ: ROIAK) offered interesting insights into the state of the company that owns several radio and online properties that cater to the needs of African Americans. Overall Revenue Growth–Net revenue was $75.2 million which represented a 7.6% increase from the $69.9 million reported for the same […]
(New York Times) — Research firm Canalys is today reporting a surge in the worldwide shipments of Android smartphones. Thanks to Android-based products from HTC, Motorola, Samsung, Sony Ericssion, LG and others, smartphones running the Android operating system grew886% worldwide in Q2 2010. Read More…
(Smart Money) — Investors may not reserve judgment. Bank of America and Citigroup are among the companies scheduled to release their quarterly results Friday. JPMorgan Chase was the first to release its earnings, beating Wall Street estimates as it wrote bad loans off its books. However, chief executive Jamie Dimon said returns in the firm’s […]
(CNN Money) — JPMorgan Chase said it earned $4.8 billion during the second quarter on Thursday, helped by strong performance across its different businesses and a decline in loan loss reserves. On a per share basis, the company said it earned $1.09 a share, excluding the impact of a benefit tied to a reduction in loan […]