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Biz Break: Facebook spends millions for Yahoo patent fight while profit dips, Netflix plummets after earnings report

San Jose Mercury News
Monday, 23 April 2012

Biz Break: Facebook spends millions for Yahoo patent fight while profit dips, Netflix plummets after earnings reportToday: Facebook pays Microsoft more than half a billion dollars for AOL's patents while fighting Yahoo lawsuit, then reports a decline in first-quarter profits. Also: Netflix earnings beat projections, but talk of slowdown in subscription growth causes stock to slide; and Apple falls again as Wall Street dips.
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Source: IBTimes.com - on April 27, 2012

News video: Earnings Report: Stocks Edge Higher on Friday After Amazon Shares Surge, Samsung Posts a Record $5.2 billion Quarterly Profit

Earnings Report: Stocks Edge Higher on Friday After Amazon Shares Surge, Samsung Posts a Record $5.2 billion Quarterly Profit

Stocks edged higher on Friday, again driven by strong corporate earnings that partially offset a weaker-than-expected reading on economic growth, extending three days of gains. Amazon's first-quarter earnings surprise sent shares of the No. 1 e-retailer s

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