Sonata net remains flat in second quarter

August 25th, 2009 QAD reports flat 2Q loss, sees small 3Q profitSANTA BARBARA, Calif. — Business software provider QAD Inc.

March 4th, 2009 BANGALORE - The city-based IT solutions firm Sonata Software has set up a wholly-owned subsidiary at Dubai Internet City in the United Arab Emirates (UAE) as its regional hub for expanding its presence in the Middle East and Africa, the company said Wednesday. 'Operating from the Dubai Internet City free zone, we will provide value-based IT solutions and strengthen our presence in the region by targetting market segments such as travel, tourism, hospitality and construction industry,' Sonata managing director B.

July 23rd, 2009 CA 2Q profit nearly flat, but outlook lifts sharesISLANDIA, N.Y. — Business management software company CA Inc.

July 24th, 2009 Samsung says quarter-2 net profit rose 5.2 percentSEOUL, South Korea — Samsung Electronics said Friday that second-quarter net profit rose 5.2 percent from the same period last year as sales of flat screen televisions and mobile phones increased and prices for memory chips moved higher amid stronger demand for personal computers. Samsung Electronics Co., the world's biggest manufacturer of computer memory chips and flat screen televisions, earned 2.25 trillion won ($1.81 billion) in the three months ended June 30, it said in a regulatory filing.

August 17th, 2009 Analyst upgrades Gartner; shares flatNEW YORK — An analyst upgraded his rating on research and consulting company Gartner Inc., saying that corporate information technology spending appeared to be stabilizing with a rebound expected in 2010. JPMorgan Securities analyst David Lewis raised his rating on the stock to "overweight" from "neutral" and increased a price target for December 2010 to $23, up from $17.

July 22nd, 2009 On The Call: Yahoo CEO Carol BartzYahoo sometimes confuses analysts by lowering its expenses only to wipe out some of the savings by increasing spending later. It looks like that is about to happen again.

April 29th, 2009 SAP 1Q net profit falls 16 percent to euro204 millionFRANKFURT — German software company SAP AG said Wednesday that the company's first quarter net profit fell 16 percent because of factors including lower revenues and charges from staff reductions. The Walldorf-based company said net profit in the January-March period fell to euro204 million ($269 million) from euro242 million in the first quarter a year ago.

January 13th, 2009 NEW DELHI - IT solutions provider NIIT Technologies Wednesday said its net profit dipped 52 percent to Rs.16.8 crore (Rs.168 million/$3.36 million) for the third quarter ending Dec 31 from Rs.34.7 crore (Rs.347 million/$6.94 million) in the same period last year. However, the company's revenues rose six percent to Rs.248.5 crore (Rs.2.49 billion/$480 million) for the quarter, as compared to Rs.233.8 crore (Rs.2.3 billion/$460 million) in the same period last year, a company statement said.

July 24th, 2009 Samsung 2Q profit rises; Hynix trims lossSEOUL, South Korea — Samsung Electronics Co., the world's biggest maker of computer memory chips, said second-quarter net profit rose 5.2 percent while rival Hynix reported a narrower loss as the chip industry emerges from a deep slump. Samsung, also the world's biggest manufacturer of flat screen televisions, earned 2.25 trillion won ($1.81 billion) in the three months ended June 30, it said in a regulatory filing Friday.

July 24th, 2009 Samsung Q2 profit rises, Hynix trims lossSEOUL, South Korea — Samsung Electronics Co., the world's biggest maker of computer memory chips, said second-quarter net profit rose 5.2 percent while rival Hynix reported a narrower loss as the chip industry emerges from a deep slump. Samsung, also the world's biggest manufacturer of flat screen televisions, earned 2.25 trillion won ($1.81 billion) in the three months ended June 30, it said in a regulatory filing Friday.

October 6th, 2009 Samsung expects strong 3rd-quarter profitSEOUL, South Korea — Samsung Electronics Co. said Tuesday that profit likely surged in the third quarter on higher sales, amid a brightening outlook for the world's largest manufacturer of computer memory chips and flat screen televisions.

August 20th, 2009 Synopsys posts better-than-expected 3Q resultsMOUNTAIN VIEW, Calif. — Synopsys Inc., which makes software to develop and test chips, said Wednesday its fiscal third-quarter profit declined 18 percent from a year-ago period helped by an income tax gain, but the results still beat Wall Street expectations.

July 29th, 2009 SAP Q2 net profit rises 4 percent to euro423 millionFRANKFURT — German software company SAP AG said Wednesday its second quarter net profit rose 4 percent as better margin growth offset a drop in revenues. The Walldorf-based company reported net profit for the April-June period of euro423 million ($600 million) compared with euro408 million in the second quarter of 2008.

August 21st, 2009 Mentor Graphics 2Q results top estimatesWILSONVILLE, Ore. — Mentor Graphics Corp., which makes electronics-testing software, on Thursday reported a wider second-quarter loss but adjusted results and sales topped Wall Street expectations by a wide margin.

September 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.