Unable to close a number of large mainframe and software deals by the end of the quarter, IBM has reported a 5 percent decline in revenue to US$23.4 billion for the first quarter of 2013. Net income for the quarter ending March 31 also ...
Tags: Computer Products, software, IBM
Yahoo wants to accelerate its development of mobile products geared toward delivery of personalized content, CEO Marissa Mayer said Tuesday, as the company works to stay relevant in a world where smartphones and tablets are becoming ...
Tags: Yahoo, Computer Products
Intel reported a drop in profits and revenue for the first quarter, as the biggest PC market slump in recent memory weighed on its business. Intel reported a profit of $2.05 billion for the quarter ended March 30, down 25 percent from a ...
Tags: PC, Computer Products, Intel
Yahoo's profits rose more than 30% in the first quarter, due to a variety of factors including lowered operating costs, though sales at the company declined. Net earnings for the quarter ended March 31 were $390 million, a 36% increase ...
Tags: Computer Productss, software
In spite of difficult market conditions in its core fiber business, the Lenzing Group succeeded in achieving the second-best business result in its history in the 2012 financial year. This can be attributed to new record fiber sales volumes ...
Tags: Textile, Textile Industry
Net income declined to $2.04bn for the quarter Intel has reported a slight decrease in its first quarter revenue to $12.6bn, compared to $12.9bn for the corresponding period in 2011, partly due to PC sales slide. Revenue declined 7%, ...
Tags: Consumer Electronics, Intel
The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile, Rieter Group
US stocks rallied broadly, notching a rebound from Monday's steep slide, as investor jitters were calmed by a bounce in gold prices, upbeat earnings reports and strong housing data. The Dow Jones Industrial Average gained 157.58 points, ...
Tags: Gold Price, economy
Intel, the world's largest chip manufacturer, has not adjusted its sales forecasts for 2013, despite a drop in first quarter revenue and a slump in PC sales. Revenue for Q1 2013 was $12.6bn (£8.2bn), down from $12.9bn (£8.4bn) ...
Tags: Computer Products, Intel
Yahoo's profits rose more than 30 percent in the first quarter, due to a variety of factors including lowered operating costs, though sales at the company declined. Net earnings for the quarter ended March 31 were US$390 million, a 36 ...
Tags: Yahoo
The looming retirement of Windows XP won't stem the dramatic drop in PC sales this year, but it may help bolster Microsoft's revenue, analysts said today. Although experts expect some business laggards to buy new hardware as they try to ...
Tags: Windows, Computer Products, PC Business
As mentioned in the interim report for H1 2012/13 IC Companys’ future quarterly reporting will be presented differently in order to reflect the new segmentation of the business. This will have effect as of Q3 2012/13. The new ...
Tags: business segments, Apparel
Wolverine Worldwide reported record financial results for the first quarter ended March 23, 2013. This marks the first reporting period for the Company that includes a full quarter of results from the Sperry Top-Sider, Saucony, Stride ...
Tags: Acquisition, Wolverine
Following the settlement of its debt tender offers, and in keeping with the company’s intention to provide an update as stated in its March 13, 2013 announcement regarding completion of its credit card portfolio sale, Target ...
Tags: Target Comparable Store, Apparel
Germany's Osram is launching a new LED light bulb that costs less than 10 euros ($13.10) to battle rivals, such as Cree and Samsung Electronics, for a share of the fast-growing market. LED - known for lighting flat ,screen televisions and ...
Tags: LED Bulb price, LED, LED Bulb