Dell says fiscal 2nd quarter sales to top previous quarter, PC demand stablizingJuly 14th, 2009 Dell: PC demand stable stabilizingROUND ROCK, Texas — PC maker Dell Inc. said Monday it expects its fiscal second-quarter revenue to be slightly higher than in the first quarter, when sales plunged 23 percent to $12.3 billion.
Infosys still hiring; to ramp up headcount this fiscalJanuary 12th, 2009 BANGALORE - Allaying fears of slowdown or lay-offs, IT bellwether Infosys Technologies Ltd is still in hiring mode and plans to ramp up its headcount by this fiscal (2008-09), a senior executive said Tuesday. 'Though we have said in the beginning of this fiscal that we would hire about 25,000 people, in our estimate our hiring will go up to 27,000 by March 31, 2009,' Infosys head for HRD, education and research T.V.
Intel says revenue in current quarter could be higher than previously forecastAugust 28th, 2009 Intel raises revenue estimate for current quarterSANTA CLARA, Calif. — Intel Corp.
Summary Box: Intel raises 3rd-quarter sales outlook, citing improved demandAugust 28th, 2009 Summary Box: Intel raises sales forecastCHIPS UP: Intel Corp. raised its third-quarter revenue forecast.
Cisco earnings fall 46 percent in latest quarter, but company expects upturn in demandAugust 5th, 2009 Cisco earnings fall 46 pct but beat expectationsNEW YORK — Cisco Systems Inc. said earnings fell 46 percent in its latest quarter, but the profit beat Wall Street expectations and the company said the quarter may have been the bottom of the recession-related downturn.
Longtop Financial posts 38 percent jump in 1st-quarter profit, raises full-year guidanceAugust 19th, 2009 Longtop Financial's 1Q profit jumps 38 percentChinese financial software developer Longtop Financial Technologies Ltd. said Tuesday its fiscal first-quarter profit rose nearly 38 percent on growing demand across its customer base, and boosted its revenue and profit expectations for the full fiscal year.
Solera Holdings posts 4th-qtr profit as rise in auto recycling revenue offsets other declinesAugust 28th, 2009 Solera Holdings posts fiscal 4Q profitSAN DIEGO — Solera Holdings Inc., which provides software and services for the auto insurance claims industry, said Thursday it posted a fiscal fourth-quarter profit as revenue gains in the company's automotive recycling unit offset declines in other areas. The company earned $11.8 million, or 17 cents per share, compared with a loss of $21.6 million, or 34 cents per share, a year ago.
Intel raises 3rd-quarter sales outlook, citing improved demand for its productsAugust 28th, 2009 Intel raises revenue forecast for current quarterNEW YORK — Intel Corp. raised its third-quarter revenue forecast above Wall Street's expectations Friday, citing strong demand for its chips and giving another signal that business is improving for one of the world's biggest technology companies.
MindTree net profit 48 percent down on huge forex lossJanuary 18th, 2009 BANGALORE - Hit by a massive forex loss due to a weakening rupee, global IT services firm MindTree Ltd. Monday reported a lower consolidated net profit of Rs.103 million (Rs.10.3 crore) for the third quarter (October-December) of this fiscal (2008-09), posting a negative growth of 48 percent year-on-year.
Lawson Software reports fiscal 1st-quarter profit on lower expenses, says it will cut 75 jobsSeptember 30th, 2009 Lawson Software reports fiscal 1st-qtr profitST. PAUL, Minn. — Lawson Software Inc.
Sun Microsystems expects fiscal 4th-quarter results below Wall Street estimatesJuly 14th, 2009 Sun Micro expects 4Q results below estimatesSANTA CLARA, Calif. — Sun Microsystems Inc.
Oracle President Safra Catz talks about weakness in EuropeSeptember 16th, 2009 On the Call: Oracle President Safra CatzOracle Corp. managed to meet Wall Street's profit forecasts in the fiscal first quarter despite a drop in sales that was caused in large part by weakness in Europe, the Middle East and Africa, a region where revenue was down about 10 percent from last year to $1.64 billion.
NIIT Technologies profit dips 13.5 percentJuly 29th, 2009 NEW DELHI - IT solutions provider NIIT Technologies Wednesday reported a 13.5 percent dip in its operating profit to Rs.39.4 crore for the quarter ended June 30 as against Rs.45.6 crore in the like period last fiscal. The company's consolidated revenues too dipped 11 percent to Rs.218.2 crore from Rs.245.8 crore, NIIT said in a regulatory statement.
Qualcomm posts slightly lower 3rd-quarter profit, revenueJuly 22nd, 2009 Qualcomm 3Q profit edges lowerNEW YORK — Qualcomm Inc. posted a slight decrease in its fiscal third-quarter profit Wednesday, though CEO Paul Jacobs said the chip maker had a strong quarter and healthy demand — a sign of recovery in the wireless market.
Microsoft says 4Q profit drops 29 percent, posts first full-year drop in sales since IPOJuly 23rd, 2009 Microsoft fiscal 4Q profit falls 29 percentSEATTLE — Microsoft Corp. said Thursday its profit in the last quarter plunged 29 percent because of weak computer sales, ending a fiscal year in which the software maker's revenue fell for the first time since the company went public in 1986.
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