Shares in Lenovo dropped by five percent Thursday after the Chinese technology giant posted weaker than expected revenue figures, despite a 19 percent jump in quarterly net profit.
US consumers are likely to spend $89 billion shopping online during the holiday season, a healthy rise despite fewer selling days, Forrester Research analysts said Monday.
Strong sales in the United States helped boost the global market for tablet computers in the third quarter, tracker IDC said Thursday.
Biotechnology company Amgen, facing pressure from activist investor Daniel Loeb, Tuesday unveiled plans to implement deeper job cuts, lift shareholder payouts and increase revenues to more than $20 billion in 2015.
SK Hynix, the world's second-largest memory chip maker, reported Thursday a record high quarterly net profit for the three months to September on strong sales and currency earnings.
The market for tablet computers is cooling off rapidly as consumers take another look at newer PCs and turn to large-screen smartphones, a market tracker said Wednesday.
Johnson & Johnson lifted its 2014 earnings forecast a third time after pharmaceutical sales helped the world's biggest maker of health care products trump analyst expectations for its recently concluded quarter.
The personal computer market is still ailing, despite showing some signs of recovery in several key markets.
Personal computer sales have been in a slump for years, as customers flock to increasingly powerful smartphones, tablets and other mobile devices. Now Hewlett-Packard, the Silicon Valley stalwart that was once the world's ...
Samsung Electronics Co. said Wednesday its latest Galaxy Note 4 smartphone will go on sale in China and South Korea later this month as its flagging mobile business tries to defend sales from Apple's new iPhones.