HCL Tech net profit up 49.1 percentJanuary 22nd, 2009 NEW DELHI - Software and outsourcing major HCL Technologies Friday reported 49.1 percent growth in its net profit for the quarter ended Dec 31 at Rs.3.98 billion (Rs.398 crore/$80.7 million) as against Rs.2.67 billion a year ago. The company's net profit for the half-year period ended Dec 31 was up 22.7 percent at RS.65.18 billion as against Rs.53.11 billion in the corresponding period last year.
Pomeroy IT reports sharp drop in 2nd-quarter profit as revenue declines 35 percentAugust 25th, 2009 Pomeroy IT posts lower 2Q profit, salesHEBRON, Ky. — Information technology services provider Pomeroy IT Solutions Inc.
Oracle profit rises 4 pct, matching Street views, despite 5 percent sales dropSeptember 16th, 2009 Oracle net rises 4 pct, matching Street viewsSAN FRANCISCO — Oracle Corp. says its quarterly profit rose 4 percent despite a 5 percent drop in sales.
Saksoft's net profit up by 333 percentJune 30th, 2009 CHENNAI - The city-based software company Saksoft Limited Tuesday declared its 2008-09 net profit was up by 333 percent though its topline remained flat compared to the previous year. "In spite of tough market conditions, the company closed last fiscal with a turnover of Rs.120.48 crore (Rs.1.20 billion) and a profit of Rs.9.63 crore as against Rs.120.10 crore and Rs.2.22 crore, respectively, in the previous year," managing director Aditya Krishna told reporters here Tuesday.
Sonata net remains flat in second quarterOctober 14th, 2009 BANGALORE - Sonata Software posted a net profit of Rs.21 crore in the second quarter this fiscal, registering a flat growth year-on-year, the IT consulting and services firm said Wednesday. In a regulatory filing, the firm said consolidated income for the quarter under review, however, declined by 18 percent to Rs.347 crore from Rs.4.24 billion in the like period last year.
APNEWSBREAK: US military using Facebook, Twitter to reach new audiencesJune 1st, 2009 APNEWSBREAK: US military tweetsKABUL — The U.S. military in Afghanistan is launching a Facebook page, a YouTube site and feeds on Twitter as part of a new communications effort to reach readers who get their information on the Internet rather than in newspapers, officials said Monday.
US military using Facebook, Twitter to counter Taliban propaganda, reach new audiencesJune 1st, 2009 US military Tweets to counter TalibanKABUL — The U.S. military in Afghanistan is launching a Facebook page, a YouTube site and feeds on Twitter as part of a new communications effort to reach readers who get their information on the Internet rather than in newspapers, officials said Monday.
Internet scientist says, you can't hack data from militaries. Then who did and how?May 21st, 2009 BEIJING - An acclaimed Internet scientist has said that there is no way hackers could access top-secret data by penetrating the firewalls of military on government networks. Former National Computer Network Emergency response team's Director Professor Fang Binxing said there is no scientific basis to blame either China's military or the government for hacking other nations' networks because most of them are "out of reach".
IBM raises '09 guidance again; customers tightfisted but company expects to wring more profitOctober 15th, 2009 IBM boosts '09 guidance again even as sales slumpSAN FRANCISCO — IBM Corp. has jacked up its profit guidance for the second time this year, a sign of the company's confidence that it can uncork more profit from its business despite falling sales.
IBM's 2nd-quarter sales expected to dip, but profit seen higher in Thursday's reportJuly 16th, 2009 Ahead of the Bell: IBM to post 2Q resultsSAN FRANCISCO — IBM Corp. will report second-quarter results Thursday amid an unsettled technology market that's been sending mixed signals.
EMC's net falls 24 percent but co. boosts guidance on better data-storage spending forecastOctober 22nd, 2009 EMC net falls but co. sees better storage spendingSAN FRANCISCO — EMC Corp.
Earnings roundup: Wells Fargo 3Q profit rises, eBay 3Q net income down though revenue roseOctober 21st, 2009 Earnings roundup: Wells Fargo, eBayAmong the earnings stories for Wednesday, Oct. 21, from AP Financial News:
Top stories:
NEW YORK (AP) — Wells Fargo & Co.
Oracle shares slip after fiscal 1st-quarter revenue falls, missing analyst estimatesSeptember 17th, 2009 Oracle shares slip after 1Q revenue disappointsSAN FRANCISCO — Shares of Oracle Corp. slipped in premarket activity Thursday after the information technology company reported sales fell below analyst expectations in the latest quarter, showing that businesses are still reluctant to buy new software.
Dell profit sinks 23 percent in slumping PC market but edges past Wall Street estimatesAugust 27th, 2009 Dell profit down 23 pct but just beats estimateSAN FRANCISCO — Dell Inc. says its second-quarter profit fell 23 percent as the personal-computer industry's slump dragged on this summer.
Summary Box: Dell profit sinks 23 percent in slumping PC marketAugust 27th, 2009 Summary Box: Dell profit down 23 pctFINICKY BUYERS: Dell Inc.'s second-quarter profit fell 23 percent as demand for computers remains soft. Sales fell 22 percent.