News tagged with financial performance

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India's largest IT firm TCS Q3 profit up 23%

India's biggest outsourcing company, Tata Consultancy Services, reported on Tuesday that net profit rose 23 percent in the third quarter, matching forecasts, thanks to a rise in orders.

Jan 17, 2012
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Alibaba chief 'interested' in buying Yahoo!

The head of Chinese Internet giant Alibaba is "interested" in buying Yahoo! and has been approached by private equity firms and other groups about doing a deal, The Wall Street Journal reported on Monday.

Oct 03, 2011
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Whitman faces big challenges at HP

No one's counting Hewlett-Packard Co. out. But by any measure, new CEO Meg Whitman faces a mountain of problems as she takes the reins of the world's biggest-selling tech company.

Sep 28, 2011
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China's Alibaba chief silent on Yahoo stake

The head of Chinese Internet giant Alibaba, Jack Ma, Saturday gave no hint of the future of Yahoo!'s stake in his firm but said he wasn't responsible for the recent ouster of its chief.

Sep 10, 2011
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Cisco's 4Q results, outlook top analyst views

(AP) -- Cisco Systems Inc. provided a small measure of comfort to the battered stock market late Wednesday with quarterly results that underscored the technology bellwether's resolve to improve its financial performance.

Aug 11, 2011
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Foxconn cut from Hong Kong's benchmark index

Foxconn International, the world's biggest contract electronics supplier, has lost its blue-chip status after being dropped from Hong Kong's Hang Seng Index (HSI), an HSI official said Wednesday.

Jun 08, 2011
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AOL steps up news, ad push with Huffington Post

(AP) -- AOL Inc.'s $315 million deal to buy news hub Huffington Post signals that it is serious about building its profile as a media company as its legacy dial-up Internet business dies away.

Feb 07, 2011
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Investors drawn to exploding social media

For every powerhouse like Google, there are dozens of Internet companies that flop. Still, a decade after the dot-com bubble that burst, there is no shortage of investors trying to get a piece of the next online blockbuster.

Jan 20, 2011
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Google to keep powering MySpace ads, search

MySpace on Thursday announced that Google will continue to power advertising and search at the flagging online social network under pressure to improve its financial performance.

Dec 16, 2010
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