News tagged with restructuring

EA 1Q loss widens but results surpass expectations

(AP) -- Lower revenue from packaged video games amid a seasonal slump for the industry gave Electronic Arts Inc. a larger net loss in its fiscal first quarter. But investors cheered as its adjusted results ...

Technology / Business

created Aug 04, 2009 | popularity 3 / 5 (2) | comments 0

MySpace to cut 300 intl positions, close offices

(AP) -- Social-networking site MySpace said Tuesday it plans to cut 300 jobs, or two-thirds of its overseas work force, in an effort to rein in costs and focus on countries where it has many users and better ...

Technology / Internet

created Jun 23, 2009 | popularity not rated yet | comments 0

HP profit drops 17 pct; PC, ink sales stumble

(AP) -- Hewlett-Packard Co.'s quarterly profit dropped 17 percent on lighter sales of personal computers and printer ink, two of its biggest sellers and a sign that the woes in consumer technology spending dragged on beyond ...

Technology / Business

created May 19, 2009 | popularity not rated yet | comments 0

Japan's NEC reports 3.05 bln dollar annual loss

Japanese electronics giant NEC Corp. announced Tuesday a net loss of 296.6 billion yen (3.05 billion dollars) for the year to March due to the global economic downturn.

Technology / Business

created May 12, 2009 | popularity not rated yet | comments 0

Japan's Sharp sees deeper net loss

Japanese electronics giant Sharp Corp. said that it had fallen deeper in the red than expected in the past year, suffering its first-ever loss due to the economic downturn.

Technology / Business

created Apr 08, 2009 | popularity not rated yet | comments 0


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