Facebook shares hit new low on growth worries
Facebook shares on Thursday sank to a new low after the world's leading social network reported a loss of $157 million in its first earnings after its public offering.
Business
Jul 27, 2012
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News tagged with second quarter
Galaxy phones drive Samsung to record profit again
(AP) — Samsung, the world's largest technology company by revenue, reported another record-high quarterly profit as customers flocked to Galaxy smartphones, helping it outdo rivals at a challenging time for the global ...
Business
Jul 27, 2012
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Write-off contributes to NY Times losses
The New York Times Co. posted a loss of $88.1 million in the previous quarter on Thursday, as a write-off in the value of website About.com wiped out gains from increased online subscriptions.
Business
Jul 26, 2012
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IT group Dassault Systemes raises 2012 sales target
French software design group Dassault Systemes raised on Thursday its 2012 sales target after posting a 22 percent jump in first-half profit to 156.4 million euros ($190 million).
Business
Jul 26, 2012
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SAP says earnings up 18% in second quarter
German software giant SAP said Tuesday that bottom-line profits grew sharply in the second quarter of this year as software sales topped record levels.
Business
Jul 24, 2012
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How Apple's phantom taxes hide billions in profit
On Tuesday, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion. But whatever figure Apple reports won't reflect its true profit, because the company hides some ...
Business
Jul 23, 2012
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Profits plunge in Q2 for Sweden's Ericsson
(AP) — Swedish wireless equipment maker LM Ericsson saw its second-quarter profits slashed to almost a third as sales of network infrastructure slowed in China and Russia and the company focused on the more stable — ...
Business
Jul 18, 2012
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A look at recent tech-industry earnings
Yahoo turned in another lackluster performance in the second quarter, while Intel says the weak global economy is slowing its growth. Earlier, Microsoft warned of a non-cash charge because of disappointing performance in ...
Business
Jul 18, 2012
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German software giant SAP unveils solid Q2 profits
Shares in German software giant SAP soared on Thursday as it announced what it hailed as its "best-ever second quarter performance", beating analysts' expectations for operating profits.
Business
Jul 12, 2012
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Global PC sales flat as consumers eye new gadgets
Worldwide sales of personal computers fell 0.1 percent in the second quarter of the year as consumers turned their attention to newer gadgets like tablets, a survey showed Wednesday.
Business
Jul 11, 2012
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