Related topics: net profit · chief executive

Intuit sells financial services unit for $1.03B

Intuit is selling a division that provides software to financial institutions in a deal worth about $1.03 billion as it focuses on products for consumers and small businesses.

Japan signals commitment to the TMT project

In an important milestone for the Thirty Meter Telescope (TMT) project, Japan, one of the project's five international partners, has indicated its strong national backing for the next-generation astronomical observatory.

Sony back in black on cheap yen, healthier sales

Sony Corp. is back in the black for its fiscal fourth quarter, recording a 93.9 billion yen ($948 million) profit, with big help from a weaker yen that boosts overseas earnings.

Bharti Airtel's quarterly profit drops 49 percent

Bharti Airtel, India's biggest telecommunications company, reported Thursday that quarterly net profit fell by nearly half to 5.1 billion rupees ($94.7 million) on higher taxes and operating costs.

Nintendo returns to profit on weak yen boost

Nintendo Co. returned to profit for the fiscal year ended March 31 as a lift from the weakening yen offset sales struggles caused by software delays for its latest home console Wii U.

India's TCS reports 22% rise in quarterly profit

India's biggest IT outsourcing firm, Tata Consultancy Services, on Wednesday reported a 22 percent jump in quarterly net profit, in line with market forecasts, led by stronger outsourcing orders.

Pandora chief out after latest losses

Pandora Media's top executive announced plans Thursday to step down after the Internet radio giant's earnings report showing greater losses even as it captured more listeners.

Samsung set to buy 3% stake in Sharp: report

South Korean electronics giant Samsung is set to buy a three-percent stake in struggling Japanese rival Sharp via a capital increase, a press report said Tuesday, a deal that would give Samsung greater access to smartphone ...

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