Yahoo takes hit, revenue drop overshadows profit rise (Update 2)
Yahoo reported on Tuesday that its quarterly profit jumped at the end of last year, but revenues sank in a troubling sign for the struggling Internet pioneer.
Yahoo reported on Tuesday that its quarterly profit jumped at the end of last year, but revenues sank in a troubling sign for the struggling Internet pioneer.
Business
Jan 28, 2014
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Cisco's fiscal first-quarter revenue grew slower than expected and net income declined, which sent the technology company's stock lower in extended trading.
Business
Nov 13, 2013
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Bharti Airtel, India's largest telecommunications company, said Wednesday the weak rupee contributed to a 29 percent slump in quarterly profit.
Business
Oct 30, 2013
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Yahoo said that it is closing its Egypt office as part of an effort to restore the faded Internet star to former glory.
Business
Oct 23, 2013
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Shares in India's third largest IT outsourcer Wipro slumped more than eight percent on Wednesday, a day after it announced modest revenue growth that lagged rivals, analysts said.
Business
Oct 23, 2013
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Indian IT outsourcing giant Infosys posted a fall in quarterly profit Friday after setting aside funds for a visa-abuse investigation in the United States. Still, the company upgraded its revenue forecast for the year, pleasing ...
Business
Oct 11, 2013
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Oracle Corp. on Wednesday reported flat earnings for its fiscal third quarter, hurt by a continued drop in sales of hardware systems and a surprise decline in sales of new software—which the company attributed to a lackluster ...
Business
Mar 20, 2013
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Struggling online deals pioneer Groupon has ousted its quirky founder and CEO Andrew Mason amid worries that people are tiring of the myriad of online restaurant, spa and Botox deals that Groupon built its business on.
Business
Feb 28, 2013
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India's biggest IT outsourcer, Tata Consultancy Services, said on Monday that net profit beat forecasts to rise 23 percent in the third quarter despite economic woes in its main markets.
Business
Jan 14, 2013
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Samsung Electronics Co., the world's largest technology company by revenue, expects record earnings for the fourth quarter of 2012 as shoppers continued to snap up its smartphones and tablets.
Business
Jan 8, 2013
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