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.
Business
Oct 14, 2011
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(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.
Business
Jul 26, 2011
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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 ...
Business
Jul 20, 2011
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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.
Business
Jul 18, 2011
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(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 ...
Business
Oct 21, 2009
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Sohu.com Inc., operator of a popular Chinese Web portal, said Monday its quarterly profit fell 20 percent due to higher expenses but revenues rose.
Business
Oct 28, 2013
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Despite the introduction of new accounting rules effective from 2007, New Zealand companies still have further to go than Australia to show a higher and more internationally-expected level of transparency when it comes to ...
Economics & Business
Aug 21, 2013
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(AP)—Battery maker Exide Technologies is seeking Chapter 11 bankruptcy protection as it attempts to restructure its U.S. business.
Business
Jun 10, 2013
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(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.
Business
Nov 2, 2011
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