News tagged with slowdown

Tech sector slips into surprising slump

In a surprising turn, the tech industry is in a slump even as the U.S. economy picks up steam. The announcement last week that Silicon Valley giant Cisco Systems, which sells networking and telecommunications equipment, plans ...

dateAug 23, 2013 in Business
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Taiwan's Hon Hai set to spin off units

Taiwan's Hon Hai Precision said Wednesday it plans to spin off some units as its founder unveiled measures to battle global sluggishness and falling share prices.

dateJun 26, 2013 in Business
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Oracle's fiscal 4Q sales disappoint Wall St. again

Oracle is still having trouble closing enough business software deals to keep Wall Street happy. The quarterly results announced Thursday could escalate investors' fears about Oracle's ability to adapt to the changing demands ...

dateJun 20, 2013 in Business
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Apple shares hold flat after earnings

Apple shares swung sharply from red to black and back again Wednesday after the company's shock earnings report, but its huge boost to its capital return program helped the stock end nearly flat.

dateApr 24, 2013 in Business
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