Manulife Financial posted a net loss attributed to shareholders of C$300m ($302.6m) for the second quarter of 2012, compared to a profit of C$490m ($493m) during the corresponding period earlier year. The second loss reflects volatile ...
ST. LOUIS --- Furniture Brands International reported today that it cut its third-quarter net loss to $18 million on a 0.9% drop in sales. The most recent quarterly loss, which equals 33 cents per share, compares with a net loss of $24.5 ...
Tags: Furniture
Software giant Microsoft has posted first quarter fiscal revenues down 7.9 per cent to$16bn(£10bn),from$17.372bn(£10.8bn)achieved in the same period a year earlier. The company claimed that the results partly reflected a ...
Tags: Microsoft, first quarter revenues, Windows and Office sales, PC sales
Microsoft CEO Steve Ballmer has announced intentions for a "fundamental shift" in Microsoft's technology business model, describing a future in which the company will start to "build specific devices for specific purposes". In his annual ...
Tags: Microsoft, Steve Ballmer, Office, Windows 8, SaaS
HP's shares have plummeted to a nine-year low after its CEO Meg Whitman stated that revenue for 2013 would decline and that it would take five years to revive the firm financially. Whitman – the third HP CEO in as many years – ...
Tags: Meg Whitman, HP, union Unite, IBM
BlackBerry maker Research in Motion(RIM)has posted another quarterly loss,but it was not as much as investors expected,with revenues coming in at 16%above analysts'forecasts. Despite reporting a net loss of$235m for the second ...
Tags: BlackBerry, RIM, smartphone, Apple, Samsung
Research In Motion (RIM), the company behind the BlackBerry smartphone, has posted another quarterly loss. While it represents another blow to the struggling mobile device producer, the net loss of $235m for the second quarter isn't as ...
Tags: BlackBerry, smartphone, RIM
But executive chairman Jerry Rawls thinks that communications firms will have to begin adding to their network capacities before long. Datacom versus telecom:Finisar's last eight quarters Finisar,the top-ranked supplier of optical ...
HP, the world's largest PC maker, has posted a record quarterly loss and reported slumping sales for personal computers, printers and associated business services. The third-quarter loss of US$8.86 billion includes a writedown for the ...
Tags: PC maker, HP, quarterly loss, Windows 8 software, durability features
HP warned investors of a colossal quarterly loss in its third fiscal quarter after writing down $8bn (£5.1bn) on its services arm, of which the majority lies with its $13.9bn (£8.8bn) purchase of IT equipment and services ...
Tags: HP, Meg Whitman, Nefkens, Mike Lynch
Bright Food, the Chinese food group, was full of confidence this week about the prospects for UK cereal firm Weetabix, its first investment in Europe after missing out on companies including United Biscuits and Yoplait. Elsewhere, Orkla ...
Tags: food, Bright Food, milk, dairy, investment, chilled soup