Taiwanese LED package manufacturer Edison Opto consolidated revenue for Dec. 2013 reached NT$ 209 million (US$ 6.95 million), a decrease of 2.09 percent compared to last month. However, the company's Dec. 2013 revenue has soared 50.1 ...
Canadian smartphone maker BlackBerry has agreed to a US$4.7bn takeover bid from a consortium led by its biggest shareholder, Fairfax Financial. In a statement released today, the company has signed a letter of intent agreement under which ...
Tags: Blackberry, Consumer Electronics, smartphone
HP's shares rose after the world's largest PC maker's quarterly results beat analysts' low expectations, as CEO Meg Whitman's restructuring programme begins to take shape. The Palo Alto, California-based firm's profits for the second ...
Tags: HP, Computer Products, Shares
Brazil-based miner Vale has announced its financial results for the fourth quarter and the full year 2012, reporting its first quarterly loss in 10 years. In the fourth quarter of 2012, Vale registered a net loss of $2.65 billion, ...
Tags: miner Vale, miner, Iron ore prices
Sprint Nextel posted another quarterly loss but reported progress toward becoming just plain Sprint, a company with more money and fewer networks, which it hopes to be by the end of this year. The company is on track to shut down its ...
Tags: Sprint Nextel, quarterly loss, networks
ST. LOUIS — Furniture Brands International said sales rose 3.3% in the fourth quarter, but the company's net loss widened to $22.9 million. The sales increase included a 5.6% jump in sales at its 48 company-owned Thomasville retail ...
STANLEYTOWN, Va. — Stanley Furniture reported a net loss of $3.01 million in the fourth quarter as sales slid 5%. The company blamed the sales decline on soft retail demand and a decline in sales of its Young America youth furniture ...
Tags: Stanley Furniture, Sales Decline, Furniture
On Tuesday, West Chester, Ohio-based flat rolled steelmaker AK Steel reported a net loss of $230.4 million for Q4, following a $60.9 million net loss in Q3 and a $193.9 million loss in Q4 2011. This was AK Steel's sixth consecutive ...
Tags: AK Steel, flat rolled steelmaker, steel
HP has received overtures for enterprise search firm Autonomy and IT and equipment provider Electronic Data Systems (EDS), sources familiar with the discussions have revealed. The Wall Street Journal reported that the expressions of ...
Tags: HP, Autonomy, IT, Electronic Data Systems
HP has confirmed that it will wield the axe on those of its businesses that don't meet targets, official documents have revealed. As first reported by Bloomberg, HP told the US Securities and Exchange Commission in a 27 December filing ...
Tags: HP, axe, businesses, targets
Research in Motion (RIM) has pinned all its hopes on its upcoming mobile operating system (OS) BlackBerry 10 (BB10). Despite promises to launch by the end of the year, the company's CEO, Thorsten Heins, told the world they would have to ...
Tags: mobile operating system, BlackBerry, system, distant memory
Taiwanese PC maker Acer, revising its estimates, does not expect "explosive growth" for Windows 8 devices when the Microsoft operating system launches in October, with its company CEO citing a lack of consumer interest as one of the ...
Tags: PC maker, Acer, explosive growth, Windows 8 devices
Unless Hewlett-Packard gets its act together quickly, Lenovo will soon become the world's number one PC maker. If that happens, it's going to create a moment of national angst. Headlines would declare: Chinese firm becomes world's top ...
Tags: HP, Bad Quarter, America, PCs
Shares of technology companies finished up for the third quarter Friday, but face economic uncertainty for the rest of the year. The Nasdaq Computer Index closed Friday at 1,675.51 compared to 1,580.13 at the end of June. However, they ...
Tags: Wall Street, Tech, Q3
Shares in Kettle Chips owner Diamond Foods tumbled today(10 December),the first day of trading after the US snack group reported a fourth-quarter loss. Diamond's stock was down almost 9%today after the company booked a loss of US$32.9m ...
Tags: Diamond Foods, stock, financial results, loss