News tagged with fiscal
Pandora sees higher loss, but revenue grows
Internet radio firm Pandora on Wednesday reported that its loss widened in the past quarter but investors welcomed news of a jump in revenue.
May 23, 2012 |
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HP's missteps culminate in loss of 27,000 jobs (Update)
(AP) -- Hewlett-Packard CEO Meg Whitman has quantified the painful price that must be paid for the missteps of her predecessors as she tries to turn around the Silicon Valley pioneer. The bungling will wipe ...
May 23, 2012 |
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SAP to buy Ariba for $4.5B, extending cloud push
(AP) -- Business software maker SAP AG on Tuesday said it will buy Ariba Inc., which makes Web-based software that connects suppliers and buyers online, for about $4.51 billion.
May 22, 2012 |
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Dell profit plunges on disappointing sales
US computer maker Dell on Tuesday reported a 33 percent drop in profits in a disappointing quarterly report for former market leader.
May 22, 2012 |
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Reports: HP poised to eliminate up to 30,000 jobs
(AP) -- Published reports say Hewlett-Packard is poised to eliminate up to 30,000 jobs to help offset dwindling demand for personal computers as more people connect to the Internet on smartphones and tablets.
May 17, 2012 |
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Panasonic loss balloons for record red ink
(AP) -- Panasonic's January-March losses ballooned 10-fold to 438 billion yen ($5 billion), completing a year of record red ink at the Japanese electronics maker battered by natural disasters and an ailing ...
May 11, 2012 |
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Smartphones fuel Samsung profit to record
(AP) -- A surge in Galaxy smartphone sales fueled earnings at Samsung Electronics to a record high in the first quarter, usually a tough season for the global consumer electronics industry, outshining handset ...
Apr 27, 2012 |
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Nintendo posts first annual loss
Japanese videogame giant Nintendo on Thursday posted its first annual loss since becoming a public company, blaming a soaring yen and price cuts on its consoles for sinking it $530 million into the red.
Apr 26, 2012 |
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India's TCS shares surge on upbeat earnings
Shares in India's biggest outsourcing firm Tata Consultancy Services jumped more than 10 percent in early trade on Tuesday after it reported better-than-expected quarterly earnings.
Apr 24, 2012 |
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Sony to cut 10,000 jobs, turn around TV business
(AP) -- Faced with mounting losses, Sony Corp. said Thursday it will slash 10,000 jobs, or about 6 percent of its global workforce, and try to turn around its money-losing TV business over the next two years.
Apr 12, 2012 |
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Micron, Oracle settle lawsuit over chip prices
(AP) -- Micron Technology Inc. has settled a lawsuit in which Oracle Corp. accused the Idaho memory chipmaker and other companies of artificially inflating prices for microchips.
Mar 30, 2012 |
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Apple's next hot release: The dividend check
(AP) -- Apple made computers sexy. Can it do the same for the musty old dividend?
Mar 20, 2012 |
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Dell to buy SonicWALL, network security provider
(AP) -- Computer maker Dell Inc. said Tuesday that it agreed to buy network and data security provider SonicWALL Inc. for an undisclosed sum.
Mar 13, 2012 |
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Pandora shares plunge as earnings fall short
Pandora shares plunged on Tuesday after the Internet radio company posted earnings that fell short of the expectations of Wall Street analysts.
Mar 07, 2012 |
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Lenovo 3Q profit up by half, warns of disk supply
(AP) -- Lenovo Group Ltd., the world's second biggest personal computer maker, said Thursday that quarterly profit grew by more than half but warned hard drive costs would remain high amid a global shortage.
Feb 09, 2012 |
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