Facebook boosted revenue by 32% in its first earnings report as a public company, bringing in $1.18 billion and topping analysts' expectations slightly. The company reported a loss of $157 million for the quarter ended June 30, noting ...
Tags: Facebook, revenue, earnings report, public company
The IT failure that struck Royal Bank of Scotland (RBS) will cost the bank more than expected as £50m is paid to customers in compensation. The IT problems that struck in June meant customers of the bank and subsidiary NatWest had ...
Tags: Royal Bank of Scotland, IT Failure, computer problems, online services
After a fiscal year in which it was hit by slumping metal prices and floods in Thailand, II-VI reports mixed demand trends. The diversified optics and materials company II-VI has reported sales of $534.6 million for its fiscal year ...
Facebook has paid far lower than the announced $1 billion in cash and stock for photo-sharing app Instagram, following a drop in its share price. The social networking company said in its Form 10-Q quarterly report to the U.S. Securities ...
Tags: Facebook, cash, stock, share price
Cloud acquisitions paying off for Ellison Software and cloud revenue gave Oracle's financial figures a boost, but hardware sales continued to decline. For the second quarter of fiscal 2013 Oracle recorded revenue of $9.1bn, an increase ...
Tags: Software and cloud revenue, Exadata system, integrated Sun products
COLUMBUS, Ohio – Nov. 15, 2012 - Safelite®Group, the nation’s leading vehicle glass company, has reached an agreement to acquire substantially all of the vehicle glass division assets of Southern Glass & Plastics. The deal ...
Tags: Southern Glass, Plastics, vehicle glass company, vehicle glass
Dell has announced an upgrade to its Dell Compellent Storage Center SAN operating system (OS) that nudges the array into enterprise SAN territory. The company also said changes to the Storage Center OS laid the ground for all-flash arrays ...
Tags: Dell, operating system, Dell Compellent Storage Center SAN
In a sign of just how bruising the longer-than-expected fallout from the global financial crisis has been,the nation's chief dealmakers are entering the new year with cautious cheer. While expecting a better year following the worst 12 ...
Tags: global financial crisis, cautious cheer, investment bankers
Global oil and gas transactions have suffered a modest decline in both deal count and total value in the H1 of 2012. According to Mergers and Acquisitions in the Oil and Gas Industry, however, increasing merger & acquisition interest by ...
Tags: Energy, oil, gas, Acquisitions, Mergers, based energy, petroleum
Wireless companies are constantly seeking new ways to make full use of available spectrum space; innovative company xG Technology has developed its xMax technology with this very purpose in mind. SARASOTA, FL, September 05, 2012 ...
Tags: xG Technology, Wireless companies, Spectrum, wireless providers
Informed sources say potential buyers for R&R Ice Cream put their first-round bids on the table this week – with the firm founded by US Republican presidential candidate Mitt Romney rumoured to be in the running. Bain capital ...
Tags: Private Equity Firms, Majority Stake, Ice Cream, Food
Business Line reported that stressed cash flow has forced Shipping Corporation of India to go slow on its vessel acquisition plan. Mr S Hajara CMD of SCI said that SCI was not aggressively perusing its proposed new acquisitions. The asset ...
The enterprise software market on Thursday suddenly got an intimate look inside Workday, a red-hot startup that makes cloud applications for human resources and financials, with the public release of its S-1 IPO filing. Workday, which was ...
Tags: enterprise software market, intimate look, Workday, IPO filing
Cameleon Software, announced today that Cable ONE, a major operator of cable systems, has implemented Cameleon CPQ configure, price, quote software for Salesforce CRM to streamline its sales processes. Cable ONE delivers cable television, ...
Tags: Cameleon Software, cable systems, software, Internet services
A report by Gartner analysts Robert P. DeSisto and Praveen Sengar titled 'Hype Cycle for CRM Sales, 2012'* (published: 18 July 2012) highlights the impact of iPad-based applications on sales force automation (SFA) and the role configure, ...
Tags: iPad apps, CRM system, Cameleon Software, sales force automation