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
US food group Campbell Soup Co. has recorded a drop in first-half profits as costs related to its acquisition of Bolthouse Farms hit earnings. Earnings in the six months ended 27 January fell to US$430m, a 7.3% decline on last year, the ...
US food manufacturer Lancaster Colony has recorded an increase in first-half profits, boosted by sales growth in both of its divisions. Earnings in the six months to the end of December amounted to US$61.9m, a 20% increase on the ...
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
IDG News Service-Corporate boards are prioritizing IT spending as highly as investments in sales operations,according to research announced Monday by analyst firm Gartner. IT and sales were tied as the top two priorities among 175 board ...
Tags: IT spending, top board-level
Juniper Networks and Riverbed Technologies are partnering to utilise their network and application capabilities. The two firms announced the tie-up claiming the application and the network were converging. They said there was a need for ...
Tags: Juniper Networks, Riverbed Technologies, network, company news
Swiss bank UBS is planning to take legal action against Nasdaq OMX Group to recoup losses it made related to the Facebook IPO, the company said on Tuesday as it reported its second quarter results. As a result of "the gross mishandling of ...
Tags: UBS, legal action, Nasdaq OMX Group, Facebook IPO
NIKE, Inc. reported financial results for its fiscal 2013 second quarter ended November 30, 2012. For continuing operations, strong demand for NIKE, Inc. brands propelled double-digit revenue growth on a currency neutral basis, and diluted ...
Tags: Apparel Accessories, Nike, Digit Growth
Research In Motion (RIM) on Thursday posted a net loss of $235 million for the second quarter on revenues of $2.9 billion. The earnings report came two days after the company said its subscriber base had increased to 80 million. The loss ...
Tags: RIM, net loss, second quarter
While hardware and components makers face economic hurdles, the picture for software is getting brighter, according to earnings reports from major vendors and mid-year market research polls. Vendors and analysts lay much of the blame for ...
Tags: hardware, economic hurdles, software, Wall Street
Advanced Micro Devices expects its second-quarter revenue to drop by 11 percent from the first quarter due to slow sales in China and Europe,the company said Monday. AMD had said previously that its revenue for the quarter,ended June ...
Tags: China, Europe, AMD, Advanced Micro Devices, PC market
Research In Motion (RIM) on Thursday posted a net loss of $235 million for the second quarter on revenues of $2.9 billion. The earnings report came two days after the company said its subscriber base had increased to 80 million. The ...
Tags: Research In Motion, revenues, earnings report, second quarter, RIM
- Second Quarter EPS a Record $1.17, Up 22% - Total Revenue up 7.4%, Core Revenue up 5.5% Cooper Industries plc (NYSE: CBE) today reported record second quarter earnings per share of $1.17, an increase of 22% compared to earnings per ...
Tags: Cooper Industries plc, financial report, market commentary, electrical
US retailer Target Corp. lifted its full-year profit guidance today (15 August) on the back of strong second-quarter results. Target raised its earnings per share forecast by five cents a share to a guidance range of $4.65 to $4.85. GAAP ...
Tags: Target, full-year profit, second-quarter results, earnings