second quarter

Canada's economy limped ahead in the second quarter barely enough to avoid the first recession in 17 years, recording the thinnest of gains after a much worse winter quarter than previously believed.

A look at how retailer Sears Holdings Corp. performed during the second quarter.

Borders Group Inc. shares soared more than 25 percent Wednesday after it posted better-than-expected earnings for the second quarter.

But analysts remained leery, saying that tough competition and a weak economy continue to pose big challenges for the bookseller.

Federal regulators say U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans.

Global sales of mobile phones hit close to 305 million units in the second quarter of 2008, an 11.8 percent increase over the second quarter of 2007, according to Gartner.

Sales of mobile phones in the saturated markets of Western Europe and North America had a slight rebound after a shaky start.

Western Europe reached close to 42 million units and North America exceeded 44 million units in the second quarter of 2008.

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The number of troubled U.S. banks rose 30 percent to 117 in the second quarter, the highest level in five years, according to the Federal Deposit Insurance Corp.

Bookseller Borders Group Inc. has posted a smaller loss for its fiscal second quarter compared to a year earlier, but saw store sales slow.

U.S. home prices fell 4.8 percent in the second quarter compared with a year ago, a new record low, according to a government report.

NEW YORK : Standard & Poor's Index Services on Monday said preliminary figures show second-quarter operating earnings for the S&P 500 companies fell 29 percent, the fourth straight quarterly decline for the ...

Gap Inc. says cost-cutting and tight control on inventory boosted its fiscal second-quarter profit by half, even as sales fell.