Facebook ( FB) named Sheryl Sandberg, the social-networking company's No. 2 executive, to its board. Sandberg, Facebook's chief operating officer, is the eighth member of the company's board and its first woman. Would Apple Acquire Tesla?
LDK Solar ( LDK) posted a loss in the first quarter Tuesday of $135.8 million, or 1.46 cents per American depository share, a reversal from year-earlier profit of $135.4 million, or 95 cents per ADS. Net sales fell 74% to $200 million from $766.3 million a year earlier. Analysts were expecting LDK Solar to post a loss of $1.14 per ADS on revenue of $225.5 million, according to Thomson Reuters. Arena Pharma and the Fat Lady's Song
Apollo Group ( APOL), the operator of the University of Phoenix, reported fiscal third-quarter adjusted earnings Monday of $1.20 a share on revenue of $1.13 billion, beating analysts' estimates of a profit of 97 cents a share on revenue of $1.12 billion. Apollo forecast revenue of $4.2 billion to $4.3 billion for fiscal 2012. Facebook: If I'm So Smart, Why Do I Feel So Stupid?
Coinstar ( CSTR) said Monday it would record a charge of 40 cents to 50 cents a share in fiscal 2012 on its deal to acquire NCR'ss ( NCR) DVD rental kiosk business.
H&R Block ( HRB) is seen posting fourth-quarter earnings Tuesday of $2.05 a share.
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