Scarlet Pruitt

Articles by Scarlet Pruitt

Yahoo announces Q1 income decline, staff cutbacks

After twice lowering the bar on its first-quarter earnings and revenue targets, Yahoo Inc. finally hit its mark, posting slightly more than break-even results Wednesday for the quarter ending March 31, led by a growth in business services.

Lucent hit with bankruptcy rumors

Bankruptcy rumors salted Lucent Technologies Inc.'s open wounds Wednesday, sending its stock plummeting as much as 30 per cent in morning trading, and closing down 13.63 per cent at US$6.78 a share.

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