Related topics: net income

Taiwan's Acer sues ex-CEO over Lenovo job

Taiwan's leading personal computer maker Acer said Wednesday it has filed a lawsuit against former chief executive Gianfranco Lanci after he joined Chinese rival Lenovo.

Amazon 4Q results, outlook sends stock lower

Shoppers spent more money online this holiday season than ever before, and yet, Amazon -the world's largest Internet retailer- failed to meet Wall Street's sales expectations with its latest financial results.

CenturyLink 3Q net income falls as expenses rise

(AP) -- Phone company CenturyLink Inc. says its third-quarter net income fell as rising operating expenses related to its April acquisition of larger phone company Qwest overshadowed increased revenue.

Sony Ericsson profits down in 3rd quarter

Mobile phone maker Sony Ericsson posted a break-even third quarter Friday - blaming the drop in earnings on higher taxes and lower margins - and announced that it is shifting its entire portfolio to smartphones next year.

Amazon 2Q profit falls but results beat Street

(AP) -- Amazon.com Inc. said Tuesday that its second-quarter profit fell despite a 51 percent jump in revenue as the leading online retailer spent heavily to expand its business.

EBay profit falls on charges, results beat Street

EBay Inc.'s PayPal online payment service and marketplaces business grew swiftly during the second quarter, helping its results beat analyst expectations, although charges from its recent purchase of retail website operator ...

Cisco cutting workforce by nine percent

US networking giant Cisco on Monday said it will eliminate 6,500 jobs, cutting its global workforce by nine percent as part of a move to slash its annual operating costs.

EBay 3Q net income falls, but revenue rises

(AP) -- Despite a 29 percent decline in third-quarter net income, eBay Inc. saw stronger revenue in its marketplaces businesses, suggesting that efforts to revitalize its main Web site are gaining traction among bargain-hungry ...

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