INVESTMENT banks, suffering the softest period for takeover completions in almost a decade, are facing the prospect of another weak year of deal-making as companies remain cautious and shy away from big mergers and acquisitions. In ...
Tags: M&A, Downward Spiral, economy
A former Tribune Company employee could face as much as 25 years of jail time over federal charges accusing him of conspiring with members of the hacker group Anonymous to hack into a Tribune website. Matthew Keys, who according to his ...
Tags: Tribune, Anonymous Hack, company news
Even though PC giants Hewlett-Packard and Dell reported significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, started to rise again Friday after slumping for most of the week. Vendors ...
Tags: Hewlett-Packard, Dell, IT industry
Despite PC giants HP and Dell reporting significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, began to rise again Friday after slumping for most of the week. Vendors in diverse ...
Tags: PC, HP, Dell, tech stocks
Heinz has reported underlying third-quarter earnings that beat Wall Street forecasts, although its sales came in under analyst estimates. The US food giant yesterday (21 February) booked earnings per share for continuing operations and ...
Tags: Heinz, food giant, food
Hewlett-Packard reported a drop in profit for the last quarter as printer and PC sales both declined, but said cost-cutting measures the company announced last year are starting to pay off. HP reported earnings for the first quarter of ...
Tags: Hewlett-Packard, profit, PC sales
Dell has reported another quarter of declining revenue and profit as the company's CEO continues his battle to take the PC maker private. It was the fifth consecutive quarter in which Dell's profits shrank, and the fourth in which it ...
Tags: Dell, desktop, laptop PCs
Apple's revenue grew but profit was flat in its first fiscal quarter of 2013, during which sales of iPhones and iPads rose, but Mac and iPod shipments dropped. Apple reported a net profit of $13.1 billion for the quarter ended Dec. 29, ...
Advanced Micro Devices' financial struggles continued in the fourth quarter, with revenue sinking 32 percent due to slow chip sales and charges tied to restructuring and inventory adjustments. AMD reported revenue of US$1.16 billion for ...
Tags: Advanced Micro Devices, revenue, chip sales
The so called ‘unfavorable policies’ of the Indian government and persistent ‘ill-health’ of the US economy have started showing the signs which may not be welcomed by Indian jewellery industry. Thomson Reuters GFMS ...
Tags: Tough Time, India, Jewellery Traders
IDG News Service-Facing a sluggish PC market and deferring revenue from sales of its upcoming Windows 8 OS,Microsoft reported$4.47 billion in net income for its first fiscal quarter of 2013,a 22%decline from the same period a year earlier. ...
Tags: Microsoft, Windows 8 Launch, hit
The top IT leaders in the UK talked to Computer Weekly throughout 2012 to share their opinions and experiences of modern technology leadership and transforming business and government through IT innovation. Their views are valuable not only ...
Tags: Interviews, CIO, IT leaders
Simon Moorhead began his career as the Bank of England’s CIO with a baptism of fire, having started in November 2008 – just two months after Lehman Brothers collapsed and a year after Northern Rock was rescued by the government. ...
Tags: CIO, Computer Products, Simon Moorhead
China's role in the global silver market has dramatically changed over the past decade. Once a small player in the global market, China today is the world's leading market for both physical investment and paper trading of silver futures and ...
Tags: China, silver market, global market, silver fabricator
Shares in Diamond Foods rose today (18 December) after the Kettle Chips owner reported underlying first-quarter earnings that were ahead of Wall Street forecasts. The US snack group reported adjusted earnings per share of US$0.24 for ...