News tagged with company profitability
Shareholders vote to take China's Alibaba unit private
Minority shareholders of Alibaba.com on Friday voted in favour of a proposal by its parent Alibaba Group Holding to take the Hong Kong-listed online trading unit private, the company said.
May 25, 2012 |
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Facebook IPO has privacy implications, advocates say
Facebook's IPO could be one of the most successful in history, but that very success could force the company to make a choice between protecting users' privacy and exploiting their personal data.
May 17, 2012 |
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Optimus LTE 2: LG unveils new smartphone to revive business
South Korea's LG Electronics on Thursday unveiled a new version of its Optimus smartphone with greater memory and a more powerful battery, in an attempt to catch up with its rivals.
Electronics / Consumer & Gadgets
May 17, 2012 |
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Japan's NEC sees $1.36 billion net loss
Japanese IT firm NEC said Friday it lost $1.36 billion in the year to March as asset write-downs and tax payments hit its bottom line, even as operating profit rose.
Apr 27, 2012 |
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Apple's squeeze hits phone companies, competitors
(AP) -- Apple is set to report another record quarterly profit on Tuesday, continuing the relentless string of results that's made it the world's most valuable company. Those profits don't come out of thin air: A range of ...
Apr 23, 2012 |
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China's Alibaba posts 16.6% rise in 2011 net profit
Chinese Internet company Alibaba on Tuesday posted a net profit of 1.71 billion yuan ($271.48 million) in 2011, up 16.6 percent over the previous year, but with weakness in the fourth quarter.
Feb 21, 2012 |
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Apple stock breaks $500 level, continuing rally
(AP) -- Apple's stock broke above $500 for the first time Monday. It was the latest step in a rally that began more than two weeks ago, when the company reported staggering sales and profits for the holiday quarter.
Feb 13, 2012 |
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Taiwan's Acer sues ex-CEO over Lenovo job
Taiwan's leading personal computer maker Acer said Wednesday it has filed a lawsuit against former chief executive Gianfranco Lanci after he joined Chinese rival Lenovo.
Feb 08, 2012 |
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Taiwan's HTC expects 30 percent sales plunge in 1Q
Taiwan's leading smartphone maker HTC forecast Monday that its revenue in the three months to March may plunge 30 percent from a year ago, as competitors Apple and Samsung take their grip on the market.
Feb 06, 2012 |
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Samsung 4Q profit rises 17 pct on smartphone sales
(AP) -- Samsung Electronics Co. reported a 17 percent jump in fourth quarter profit on the strength of smartphone sales even as the company battled claims it had copied Apple's iPhone.
Jan 27, 2012 |
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Apple shares soar, edges ExxonMobil in market cap
Apple shares soared on Wednesday following blockbuster quarterly earnings and the California gadget-maker leapfrogged over ExxonMobil to become the largest US company in terms of market value.
Jan 25, 2012 |
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Nokia Siemens to lay off 17,000 worldwide
(AP) -- Nokia Siemens Networks is slashing 17,000 jobs worldwide by 2013 - nearly 23 percent of its work force - as it strives to cut costs by euro1 billion ($1.35 billion).
Nov 23, 2011 |
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Comcast 3Q earnings up 5 percent
(AP) -- Comcast Corp., the nation's biggest cable television company, said Wednesday that its profit rose 5 percent in the third quarter as revenue climbed 51 percent.
Nov 02, 2011 |
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Kodak tries to quash bankruptcy fears; shares jump
(AP) -- Eastman Kodak Co. shares soared more than 57 percent Monday after the photo company tried to quash investor fears of a bankruptcy, which had caused shares to lose more than half their value on Friday.
Oct 03, 2011 |
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HP cuts outlook on services revamp, slow PC sales
(AP) -- Hewlett-Packard Co. is bracing for weaker financial results this year as it overhauls its services business to undo what its CEO described as years of neglect under his predecessor.
May 17, 2011 |
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