Financials

Internet giant Google loses a few inches

Internet giant Google loses a few inches

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A lot of people had a pretty bad day on October 18—we're looking at you RR Donnelley & Sons Co.—but Google is having a pretty bad year-over-year.

USPS to cut costs instead of closing offices

USPS to cut costs instead of closing offices

The U.S. Postal Service announced today an alternative plan aimed at cutting costs to keep small post offices open.

Office Depot's annual sales decline

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Office Depot's annual sales declined 1.3% to $11.38 billion compared with last year, the company reported on Feb. 28.The office supplies retailer reported a net earnings increase of 307.1% to $95.7 million compared with last year, when the company reported a loss of $46.2 million. Operating expenses for 2011 were flat at $3.39 billion compared to last year.

Harte-Hanks reports 8% Q1 revenue decrease

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Direct marketing agency Harte-Hanks reported an 8% year-over-year decrease in its first-quarter revenues. The company said it was the smallest quarterly revenue decline since Q3 2008. Total Q1 revenues were $200.2 million. Net income was up more than 50% year-over-year to $10.8 million in Q1 2009.

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