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Mattel Net Income Falls on Higher Spending

Posted on April 15th, 2011 in featured, India Shares

Filed under: Mattel, Inc (MAT)Sales of Barbie and other dolls helped Mattel Inc.’s revenue rise 8 percent during the first quarter. But higher spending on advertising and other expenses outpaced sales growth and the largest U.S. toy maker’s net income …

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Bank of America Earnings Fall 39%

Posted on April 15th, 2011 in featured, India Shares

Filed under: Bank of America (BAC)Bank of America Corp.’s first-quarter income fell 39 percent on higher costs related to its mortgage business and higher litigation expenses. The bank also settled a claim over faulty mortgage investments and set aside…

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Google’s Hiring Spree Weighs on Earnings; Shares Slide

Posted on April 14th, 2011 in featured, google earnings, google hiring, google profit, google revenu, google sales, India Shares

Filed under: Google (GOOG)Google’s first-quarter earnings came in below analyst projections as the Internet search leader sped up hiring, driving up its costs.

The results released Thursday may heighten investor fears that Google’s earnings might suff…

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Ford Expands Recall of F-150 Pickups to Nearly 1.2 Million

Posted on April 14th, 2011 in featured, ford recall, India Shares

Under pressure from government safety regulators, Ford Motor Co. is expanding a recall of the popular F-150 pickup truck to include nearly 1.2 million vehicles that may have defective air bags.

The additional recall, announced Thursday by the National…

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