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Taiwan's Hon Hai Q2 net profit up 41 percent

Taiwan's tech giant Hon Hai Precision, a major supplier to Apple, said Tuesday that its net profit in the three months to June rose 41 percent year-on-year.

Cisco to acquire Meraki for $1.2 billion

American information technology firm Cisco said it will acquire Meraki Inc., a leader in cloud networking, in a deal worth $1.2 billion.

United Tech sees $1b or more in share buybacks

(AP)—The chief financial officer of United Technologies Corp. says the aerospace giant expects to spend at least $1 billion buying back shares this year.

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.

Pilot strike drags SAS net loss further down

Scandinavian airline SAS announced Tuesday that its second-quarter earnings were severely impacted by a week-long pilot strike in late April, saying it would lower its forecast for the year.

Panasonic's red ink grows, forecasts loss for year

(AP)—Panasonic Corp.'s losses ballooned to 698 billion yen ($8.7 billion) for the fiscal second quarter as sales plunged in flat-panel TVs, laptops and other gadgets, and restructuring costs to turn itself around were proving ...

How consumer-electronics makers are faring

Makers and sellers of consumer-electronics devices have been releasing their earnings reports for the latest quarter. Here's a look at selected companies that report unit sales on phones, tablet computers and other devices. ...

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