Altera raises 3rd-qtr sales expectations, now expects sales flat or up 3 percent sequentiallySeptember 8th, 2009 Altera ups 3Q revenue outlook on improved marketsSAN FRANCISCO — Altera Corp. raised its third-quarter revenue forecast on Tuesday, saying it now expects sales to be flat or up 3 percent when compared with the second quarter.
Kirkland's turns profit in 2nd quarter, as falling costs offset flat revenueAugust 26th, 2009 Kirkland's turns profit in 2Q on falling costsNASHVILLE, Tenn. — Home decor retailer Kirkland's Inc.
Compass Group says 9-month revenue up nearly 1 percent on continued gains in North AmericaJuly 23rd, 2009 Compass Group says 9-month revenue up 1 pctLONDON — Compass Group PLC, the world's largest food service company, said Thursday that revenue rose nearly 1 percent in the nine months to June 30 despite the recession's impact on the business, sports and leisure industries. Gains in revenue in North America offset declines in Europe.
Shares in catering company Compass fall after it forecasts flat FY revenue growthJuly 23rd, 2009 Compass forecasts flat FY revenue growthLONDON — Shares in Compass Group PLC, the world's biggest catering company, dropped nearly 8 percent after the world's biggest catering company said it expects revenue growth this year to be essentially flat — up only 1 percent. The company said that economic conditions in North America, continental Europe, Britain and Ireland were difficult over the nine months to June 30.
Wipro IT services revenue to be flat in second quarterJuly 22nd, 2009 BANGALORE - Wipro Ltd projected revenue of $1.03-1.05 billion from its global IT services for the second quarter (July-September) of this fiscal (2009-10). In a regulatory filing Wednesday, the IT bellwether said the guidance was based on its performance in the first quarter (April-June) when its flagship business division revenue at $1.03 billion showed decline of 1.3 percent sequentially and 3.3 percent year-on-year (YoY).
Knight Transportation second-quarter profit nearly flat despite decline in fuel surchargesJuly 22nd, 2009 Knight Transportation 2Q profit nearly flatPHOENIX — Truckload carrier Knight Transportation Inc. said Wednesday that its second-quarter earnings were nearly flat with a year ago as revenue fell 21 percent — but not as much as expected.
Campbell Soup expects fiscal 2009 adjusted profit growth above long-range targetJuly 15th, 2009 Campbell Soup says 2009 profit to top targetCAMDEN, N.J. — Campbell Soup says it expects its fiscal 2009 profit growth to exceed its long-range target of 5 percent to 7 percent.
LA officials want reports on revenue, expenses stemming from Jackson memorial serviceJuly 10th, 2009 LA wants reports on Jackson memorial cost, revenueLOS ANGELES — The financial fallout from the Michael Jackson memorial service continues, with Los Angeles city officials calling for reviews on who should pick up the tab for municipal services related to the event. Councilman Dennis Zine said Friday he wants a report on how much the city spent on police overtime, sanitation and traffic control for the service, which was attended by some 17,000 fans at the Staples Center on Tuesday.
ISRO eyes 25 percent revenue growth in 2009-10July 4th, 2009 KOLKATA - The Indian Space Research Organisation is expecting a 25 percent growth in its revenue in 2009-10, ISRO chairman G. Madhavan Nair said here Saturday.
Wal-Mart reports flat 1st-quarter profit, revenue hurt by stronger dollarMay 14th, 2009 Wal-Mart reports flat 1st-quarter profitLITTLE ROCK, Ark. — Wal-Mart Stores Inc.
Drugmaker Wyeth posts flat 1st-quarter profit, despite sales drop for several key productsApril 29th, 2009 Drugmaker Wyeth posts flat 1st-quarter profitTRENTON, N.J. — Drugmaker Wyeth, which is being acquired by drug giant Pfizer, on Wednesday posted a flat first-quarter profit but beats analysts' expectations, as cost cuts and a lower tax rate offset lower revenue.
Ingersoll-Rand cuts 2009 earnings, revenue outlook, cites reduced demand in key end marketsApril 22nd, 2009 Ingersoll-Rand cuts 2009 earnings, revenue outlookNEW YORK — Diversified industrial conglomerate Ingersoll-Rand Co. cut its full-year 2009 revenue and earnings-per-share guidance Wednesday to reflect reduced demand in most of its major end markets.
Wipro resisted meltdown last fiscal but yields in new fiscalApril 22nd, 2009 BANGALORE - India's third largest IT bellwether Wipro Ltd, which resisted global meltdown to post double-digit growth in fiscal 2008-09, has succumbed in the beginning of the new fiscal (2009-10) to project lower revenue guidance from its global IT services business. 'Flat sequential growth and uncertainty in a subdued environment have made us project lower revenue guidance from global IT services in the range of $1-1.03 billion for first quarter (April-June) of FY 2010,' Wipro chief financial officer Suresh Senapaty told IANS here Wednesday.
Service tax budgeted at Rs.689 bn for 2009-10February 15th, 2009 NEW DELHI - The government hopes to earn around Rs.689 billion (Rs.68,900 crore) under the head service tax in 2009-10. It is the fifth largest tax revenue head for the government after the major heads like corporation tax, income tax, customs and excise.
Value-added services content subject to regulation: TRAIFebruary 12th, 2009 NEW DELHI - The country's telecom watchdog Friday recommended that the content of value-added services (VAS) should be subject to regulation and should comply with prevailing copyright laws, including digital management rights. The Telecom Regulatory Authority of India (TRAI), in its recommendations on 'Growth of Value-Added Services and Regulatory Issues' said the VAS market offers great scope of growth for telecom access service and content providers.
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