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Toshiba swings to profit as devices sell well

Japan's Toshiba on Wednesday reported $54 million in net profit for the April-June quarter, reversing a quarterly loss a year earlier, thanks to a weak yen and brisk sales of electronic devices.

dateJul 31, 2013 in Business
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PC sales declined—again—in first quarter

Weak demand for desktop computers caused PC sales to plunge again in the first quarter of this year, reflecting the industry's ongoing struggles with the shift to smartphones, tablets and other mobile gadgets.

dateApr 09, 2015 in Business
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Streaming revenue edges out CDs in US

Streaming has topped CD sales in revenue for the first time in the United States as music listeners flock to on-demand services and Internet radio, industry figures showed.

dateMar 19, 2015 in Internet
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Johnson & Johnson tops 4Q earnings expectations

The strong dollar and stiff competition for some products squeezed Johnson & Johnson in the fourth quarter and it missed Wall Street expectations for revenue, triggering a rare sell-off of its shares.

dateJan 20, 2015 in Business
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Amgen outlines growth plan, rules out break-up

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.

dateOct 28, 2014 in Business
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J&J hikes 2014 forecast for a third time

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.

dateOct 14, 2014 in Business
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Ticketfly buying WillCall for on-premise data

Ticketfly Inc., a San Francisco-based technology company among several posing a challenge to Ticketmaster, is acquiring WillCall Inc., a crosstown rival that turns your smartphone into a mobile wallet at live events.

dateAug 21, 2014 in Business
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