Cisco CEO John Chambers has reiterated the company’s ambitions to become the biggest company in IT after the firm posted higher revenue and profit in its fiscal second quarter. For the quarter ended on January 26, Cisco posted ...
Tags: Cisco, John Chambers, revenue
Regional US retailer Harris Teeter has reported higher underlying sales for its fiscal first quarter in a set of mixed financial results. The company saw comparable-store sales increase 2.5% in the quarter ending 1 January. The higher ...
Tags: retailer, Food Stores, operating profit
Actian, formerly Ingres, is to acquire Pervasive Software, a vendor of cloud-based and on-premises software for data management and analysis. The deal is targeted at the growing big data market. Under the terms of a definitive agreement ...
Tags: Actian, Pervasive Software, software, data management
A cheaper iPhone ? A deal with China Mobile ? Despite having neither of the two, Apple reported strong earnings in the Chinese market in its fiscal first quarter, with revenue buoyed by triple digit growth in iPhone sales. The company's ...
Tags: iPhone, Apple, Chinese market
For its fiscal first-quarter 2013 (to end-November 2012), LED chip and component maker SemiLEDs Corp of Hsinchu Science Park, Taiwan has reported revenue of $6.2m, down 8% on $6.7m a year ago but up 12.7% on $5.5m last quarter (after a ...
For its fiscal first-quarter 2013(ended 23 September 2012),Cree Inc of Durham,NC,USA has reported record revenue of$315.8m,up 3%on$306.8m last quarter and 17%on$269m a year ago(and in the middle of the$305-325m targeted range,with ...
For its fiscal fourth-quarter 2012 (to end-June), optical communications and laser component, module and subsystem maker Oclaro Inc of San Jose, CA, USA has reported a second consecutive quarter of growth as it continues to recover from ...
PC maker Lenovo bucked the trend in the ailing desktop market, showing a 13% increase in profits for the second quarter of $162m (£101m). But the Q2 results represent a slow-down in the Chinese PC manufacturer's growth, having ...
Tags: Lenovo, profits, desktop market, mobile devices
Lenovo said its net profit for the fiscal second quarter increased by only 13 percent year-over-year, marking a shift from the high profit growth the company has previously seen. For the fiscal second quarter ending on Sept. 30, ...
Cree has reported revenue of $315.8 million for the first quarter of fiscal 2013, a 17% revenue increase, and a 26% net income increase, over the first quarter of fiscal 2012. Cree announced its revenue for the first quarter of fiscal ...
American food company HJ Heinz has reported that its net income for the fiscal first quarter ended 29 July 2012 increased 14% to $258.02m, up from $226.11m in 2011, driven by growth in the emerging markets, and strong results in the US and ...
Tags: growth in the emerging markets, Emerging Markets, Heinz
Optical components, modules and subsystems developer Oclaro of San Jose, CA, USA has reported financial results for its fiscal first-quarter 2013 (ended 29 September 2012), including about ten weeks of operating results of Opnext Inc of ...
Tags: Oclaro Opnext, Quarterly Earnings Slip, financial results
Oclaro of San Jose,CA,USA,which makes lasers and optical components,modules and subsystems for the optical communications,industrial and consumer laser markets,has agreed to sell the assets of its Santa Rosa thin-film filter business to ...
Tags: Oclaro, Thin-Film Filter
Hewlett-Packard is taking an $8.8 billion charge as a result of what it called serious accounting improprieties that occurred at U.K. software company Autonomy before it acquired the firm in 2011. Taking the charge into account, HP ...
Tags: HP, software, enterprise search engine, PC
Lenovo said Thursday its net profit for the fiscal second quarter increased by only 13% year-over-year, marking a shift from the high profit growth the company has previously seen. For the fiscal second quarter ending on Sept. 30, ...
Tags: Lenovo, PC, smartphones, laptops