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Deutsche Telekom profit down 37 pct to $696 mln

(AP) -- German telecommunications company Deutsche Telekom AG saw net profits fall 37 percent in the first quarter as it lost mobile phone customers in the U.S. and its business suffered in crisis-stricken Greece.

Canon profit drops, cuts forecasts due to tsunami

(AP) -- Canon said its first quarter profit dropped slightly on costs from an acquisition and Tuesday warned that full year earnings would take a hit from disrupted production due to Japan's earthquake and tsunami.

India's Infosys profits up 14.1%, lag forecasts

Indian tech giant Infosys on Thursday posted a disappointing 14.1 percent rise in consolidated net profit, and warned that future growth could be hurt if recovery in developed markets weakens.

Intel warns 3Q results will miss expectations

(AP) -- Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper on the back-to-school shopping season.

PC maker Lenovo turns to profit on China sales

(AP) -- Lenovo Group, the fourth-largest personal computer maker, said Thursday it rebounded to a quarterly profit from a loss a year earlier, driven by strong sales in China and other emerging markets.

India's Infosys quarterly profits disappoint

India's second-biggest software exporter Infosys announced Tuesday a surprise 2.4 percent fall in first quarter consolidated net profit but raised its revenue outlook for the full year.

Game sales strong for EA but outlook hurts shares

(AP) -- Video game publisher Electronic Arts Inc. said Tuesday that strong sales of games such as "Battlefield: Bad Company" and "Mass Effect 2" gave the company a quarterly profit above expectations. But its outlook fell ...

Rackspace 1Q profit rises

(AP) -- Rackspace Hosting Inc. said Monday that its first-quarter profit rose as managed hosting revenue climbed.

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