News tagged with fiscal quarter

Viacom adjusted profit falls in 1Q, beats Street

Viacom says its net income rose sharply in its first fiscal quarter from results depressed by a large accounting charge in a year ago. But its revenue fell due to drop at its Paramount studio business and lower advertising ...

dateJan 31, 2013 in Business
shares0 comments 0

RIM shares pounded on subscriber worries

Shares of BlackBerry maker Research In Motion plummeted Friday on the Nasdaq exchange on investor fears that its new smartphone platform will thin the ranks paying for its service.

dateDec 21, 2012 in Business
shares0 comments 1

Infineon cuts costs as revenue falls

Semiconductor maker Infineon Technologies AG says it will cut back on investment plans and introduce short-time working as global economic uncertainty weighs on demand and revenue.

dateNov 14, 2012 in Business
shares0 comments 0

Wipro hives off non-IT businesses, stock gains

(AP)—India's Wipro will separate its core information technology business from its consumer care and lighting, infrastructure engineering and medical diagnostics businesses, the company said Thursday.

dateNov 01, 2012 in Business
shares0 comments 0

Panasonic's red ink grows, forecasts loss for year

(AP)—Panasonic Corp.'s losses ballooned to 698 billion yen ($8.7 billion) for the fiscal second quarter as sales plunged in flat-panel TVs, laptops and other gadgets, and restructuring costs to turn itself around were proving ...

dateOct 31, 2012 in Business
shares0 comments 1

Chief creative officer leaves Zynga

Another top Zynga executive has cashed in his chips as the social games company behind "Zynga Poker" and "Farmville" strives to improve its fortunes after a losing fiscal quarter.

dateAug 29, 2012 in Business
shares0 comments 0