Microsoft soared to record revenues in the last quarter the company said Thursday, confounding Wall Street forecasts on the back of strong demand for Xbox consoles, Surface tablets and Internet "cloud" services. The US-based technology ...
Tags: Consumer Electronics
Most of Taiwan's machine-tool makers made encouraging profits in the first third quarters of 2013 in spite of several disadvantageous developments, including the recent revaluation of the New Taiwan dollar against the U.S. dollar that has ...
Tags: Machine Tool, automated equipment
Union Pacific Corp. said it had the best fourth-quarter and full-year results in company history as volume grew for the first time in six quarters. The freight railroad reported a net income of $1.2 billion, or $2.55 per share in the ...
Tags: Transportation, Auto
Truckload carrier Marten Transport reported 2013 was the best financial year in its history, but fourth-quarter income declined. Fourth-quarter net income dropped to $7.3 million, or 22 cents per share, from $7.7 million, or 23 cents per ...
Tags: Transportation
Intel expects that its workforce will decline by 5 percent as it heads into a year in which revenue is likely to be flat. Intel announced its expectations for a decline in its workforce in the wake of its fourth quarter earnings report. ...
Knight Transportation Inc. has increased its profit forecasts for the fourth quarter of 2013 and the first quarter of 2014, citing better performance than it had previously expected. Knight's fourth-quarter net income will be between 24 ...
Tags: Transportation
Norfolk Southern Corp. said its fourth-quarter profit increased 24%, and income from railway operations rose 23% to $881 million. Net income rose to $513 million, or $1.64 per share, from $413 million, or $1.30, a year ago. ...
Tags: Transportation, Truck
US chip giant Intel said Friday it will trim its workforce by five percent this year as it shifts from personal computers to powering mobile gadgets. Word of the job cuts came a day after Intel reported that its net profit last year sank ...
Mounty Airy, North Carolina-based Insteel Industries reported Thursday net earnings of $2.7 million for the first quarter of fiscal 2014 (ended December 28, 2013), compared to $2.4 million in the same quarter of the previous year. Net sales ...
Tags: Insteel Industries, Mineral
Intel's fourth-quarter net income rose 6 percent, as the company offset flat demand for its personal computer chips with higher sales of other products. The world's largest chipmaker earned $2.63 billion, or 51 cents per share, up from ...
Tags: Consumer Electronics, Electronics
Dragged down by a weak performance of its wholesale business, Japan based Lapine Company Ltd, which is a designer, manufacturer, seller and retailer of women’s clothing and accessories, reported a slight dip in its sales revenue in ...
Tags: women's clothing, women's Apparel
Tilly's, Inc., the action sports chain, reported that based on the results for the holiday period, it now expects fourth quarter results to be in the mid range of its previously communicated outlook for both comparable store sales and ...
Tags: Tilly, holiday period, comparable store sales, comparable store earnings
Bauer Performance Sports Ltd. reported revenues in its second quarter ended Nov. 30 rose 7 percent to $117.1 million while advancing 9 percent in constant currencies. Adjusted n Net Income increased 3 percent to a record $7.5 million or 20 ...
Tags: Bauer Performance Sports, revenues, rise, Net Income, Financial Results
Covenant Transportation Group Inc. said it expects fourth-quarter 2013 net income of 18 cents to 22 cents a share, compared with 10 cents a share in the previous year's quarter. Covenant attributed the improved earnings forecast to higher ...
Tags: Transportation
Express, Inc, a specialty retail apparel chain operating more than 625 stores, revised its outlook for the fourth quarter and full year 2013, ending February 1, 2014, based on its performance during the holiday season and expectations for ...