Apple earnings report surpasses estimates and expectations
July 21st, 2009

By Rex Crum, MarketWatch
SAN FRANCISCO (MarketWatch) — Apple Inc. on Tuesday reported a fiscal third-quarter profit that rose 15% from a year ago as the company sold 5.2 million iPhones and also recorded strong sales of its Macintosh computers and iPod media players.
Apple /quotes/comstock/15*!aapl/quotes/nls/aapl (AAPL 158.40, +6.89, +4.55%) said it earned $1.23 billion, [...]

more

CIT reaches $3 billion rescue deal with bondholders: WSJ
July 19th, 2009

By Robert Daniel, MarketWatch
SAN FRANCISCO (MarketWatch) — CIT Group Inc. has reached a $3 billion rescue-financing agreement with key bondholders that will allow the business lender to avoid bankruptcy, according to a media report Sunday.
The deal was expected to be announced on Monday, The Wall Street Journal reported in its online edition late Sunday.
The news [...]

more