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Sony reports record annual loss

(AP) -- Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround ...

Technology / Business

created May 10, 2012 | popularity 3.7 / 5 (3) | comments 2

India's Infosys profit up 27% but shares tumble

Indian software exporter Infosys on Friday said its quarterly profit rose 27 percent, but disappointed the markets with a lower-than-expected growth forecast that saw its shares plunge.

Technology / Business

created Apr 13, 2012 | popularity not rated yet | comments 0

India's Tech Mahindra announces Satyam merger

India's Tech Mahindra announced its long-awaited buyout of IT outsourcer Satyam Computer on Wednesday, creating a new force in the sector with annual revenue of $2.26 billion.

Technology / Business

created Mar 21, 2012 | popularity 5 / 5 (1) | comments 0

WTO action filed on China's rare earth controls

The United States, European Union and Japan teamed up Tuesday to lay assault to China's controls on exports of rare earth minerals, which are crucial in high-tech manufacturing.

Technology / Business

created Mar 13, 2012 | popularity 5 / 5 (1) | comments 4

West coast log, lumber exports increased over forty percent in 2011

Log and lumber exports from Washington, Oregon, northern California, and Alaska increased 42 percent in 2011 compared to 2010, totaling 1,992 and 1,015 million board feet according to the U.S. Forest Service's ...

Space & Earth / Environment

created Feb 21, 2012 | popularity not rated yet | comments 0

India's Wipro quarterly profits, revenue outlook up

Wipro, India's third-largest software exporter, reported Friday a 10.3 percent rise in quarterly profit but said the global outlook remained uncertain for the nation's flagship outsourcing sector.

Technology / Business

created Jan 20, 2012 | popularity not rated yet | comments 0

West coast log, lumber exports in first 9 months of 2011 surpass 2010 totals

Log and lumber exports from Washington, Oregon, northern California, and Alaska in the first three quarters of 2011 already surpass the total exports of 2010 according to the U.S. Forest Service's Pacific ...

Space & Earth / Environment

created Nov 21, 2011 | popularity not rated yet | comments 0

Dutch prosecutors want Trafigura fine doubled

Dutch prosecutors Thursday asked a court to slap a two-million-euro fine on multinational oil trader Trafigura for the illegal export of toxic waste later dumped in Ivory Coast.

Space & Earth / Environment

created Nov 17, 2011 | popularity not rated yet | comments 0

Terrorists no part of wireless company's growth plan

Digi International Inc. produces an array of wireless devices that allow businesses to do all sorts of things by remote - from monitoring the temperature of a brewer's beer tanks to connecting police and fire departments ...

Technology / Telecom

created Nov 14, 2011 | popularity not rated yet | comments 0

Panasonic posts loss, forecasts full year red ink

(AP) -- Panasonic Corp. stayed in the red in the latest quarter and projected a huge annual loss due to slumping TV sales and a strong yen.

Technology / Business

created Oct 31, 2011 | popularity not rated yet | comments 0

Nintendo's loss swells to $925 mn for first half

Nintendo said Thursday its net loss swelled to 70.3 billion yen ($925 million) for the six months to September as it forecast a full-year loss, citing the strong yen and a lack of hit game titles.

Technology / Business

created Oct 27, 2011 | popularity not rated yet | comments 0

India's TCS slides near 8% as earnings disappoint

Shares in India's biggest software exporter TCS plunged nearly eight percent on Tuesday, a day after the firm posted earnings figures that fell short of market expectations.

Technology / Business

created Oct 18, 2011 | popularity not rated yet | comments 0

India's HCL profit soars 50 pct but shares dive

India's fourth-biggest software services firm HCL said Tuesday quarterly net profit leapt 50 percent but its shares slid on fears about the global downturn crimping the sector's future growth.

Technology / Business

created Oct 18, 2011 | popularity not rated yet | comments 0

India's TCS announces 14.7% Q2 profit jump

India's biggest software exporter, TCS, said Monday its quarterly net profit rose 14.7 percent, marginally below estimates, as concerns over global uncertainty offset improved outsourcing demand.

Technology / Business

created Oct 17, 2011 | popularity 5 / 5 (1) | comments 0

India's Infosys Q2 profit up near 10%, shares jump

Indian software giant Infosys on Wednesday said quarterly profit rose by nearly 10 percent, powering its shares upwards as investors ignored a warning about an uncertain global market.

Technology / Business

created Oct 12, 2011 | popularity not rated yet | comments 0