Mentor Graphics offers third-quarter outlook above Wall Street expectationsAugust 21st, 2009 Mentor Graphics issues strong 3Q outlookWILSONVILLE, Ore. — Software company Mentor Graphics Corp.
Chip testing software maker Synopsys posts 3Q results that beat Street, but 4Q outlook is softAugust 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.
NIIT annual net profit up 44.1 percentMay 27th, 2009 NEW DELHI - IT training and talent development company NIIT has reported a 44.1 percent increase in standalone net profit for 2008-09 despite a 17.8 percent fall in its fourth quarter earnings. The company's net profit for last fiscal stood at Rs.47.21 crore, up from Rs.32.77 crore in 2007-08, while the January-March quarter profit fell to Rs.23.14 crore from Rs.28.14 crore in the same period of 2008.
Open Text reports decline in 4th-qtr profit but adjusted earnings top expectationsAugust 21st, 2009 Open Text reports decline in 4Q profitNEW YORK — Business software provider Open Text Corp. said Thursday its fiscal fourth-quarter profit fell 40 percent as higher costs and expenses offset a small gain in revenue, but adjusted results beat Wall Street expectations.
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.
DG FastChannel 2nd-quarter earnings decline as operating expenses riseAugust 6th, 2009 DG FastChannel 2Q profit declinesDALLAS — DG FastChannel Inc., a digital media advertising services company, said Thursday it earned a lower second-quarter profit, but matched Wall Street expectations. Profit declined to $3.6 million, or 16 cents per share, from $4.1 million, or 23 cents per share, a year ago.
Analysts looking for signs of upturn as Cisco reports 4th quarter resultsAugust 3rd, 2009 Earnings Preview: Cisco to report fiscal 4th qtrNEW YORK — Cisco Systems Inc., the world's largest maker of computer networking gear, reports its fiscal fourth-quarter results on Wednesday. The following is a summary of key developments and analyst opinion related to the period, which ran from April 26 to July 25:
OVERVIEW: When it reported results for the February to April quarter, Cisco said that sales seemed to be bottoming out after falling last year, culminating in big slide in January.
American Software posts higher earnings, lower revenue for fiscal first quarterSeptember 3rd, 2009 American Software reports rise in 1Q earningsATLANTA — American Software Inc. reported higher earnings for its fiscal first quarter even though revenue came in 7 percent below year-ago levels.
Microsoft profits declineJuly 24th, 2009 NEW YORK - Software giant Microsoft Corp has reported sales of $13.1 billion for the latest quarter, well below Wall Street expectations of more than $14 billion. The PC market has dwindled for three straight quarters.
Digital River posts better-than-expected 2nd-quarter earnings and revenue, but outlook weakJuly 30th, 2009 Digital River 2Q profit falls but beats estimatesMINNEAPOLIS — E-commerce software provider Digital River Inc. on Wednesday reported better-than-expected adjusted profit and sales for the second quarter, but forecast third-quarter profit below analyst estimates, sending shares tumbling in aftermarket trading.
Yahoo! reports loss but beats expectationsJanuary 27th, 2009 SAN FRANCISCO - Troubled Internet pioneer Yahoo! swung to a quarterly loss Tuesday because of severance pay and write downs on its European properties. Despite recording a $303 million loss in the fourth quarter, the company's results beat expectations as its revenues and operating profit held up well in the dire economic climate.
CarMax, E-Trade, Microsoft, Research in Motion are among big market movers FridayJune 20th, 2009 CarMax, E-Trade, Microsoft are big moversNEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
CarMax Inc., up $2.22 at $15.31
Sales tumbled and its auto financing division posted a loss, but the auto retailer's CEO said traffic rose and sales execution improved. Sealy Corp., up 40 cents at $2.20
An analyst upgraded the mattress maker after it previewed second quarter results for investors ahead of its June 30 earnings report.
Microsoft, Hershey, Arch Coal, Eastman Chemical are among big market movers FridayJuly 24th, 2009 Microsoft, Hershey, Arch Coal are big moversNEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Hershey Co., down 83 cents at $40.97
An analyst upgraded the candy maker on renewed advertising and sales efforts, while another analyst downgraded it on its stock price. Arch Coal Inc., up $1.27 at $18.14
Arch Coal slumped to a second-quarter loss much larger than expected, citing a 20 percent drop in sales and production cutbacks.
Tibco Software shares up after 3Q results top Wall Street forecastsSeptember 25th, 2009 Tibco Software shares up after 3Q resultsNEW YORK — Shares of Tibco Software Inc. rose Friday after the company's third-quarter earnings topped Wall Street expectations with the help of lower expenses.
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.
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