News tagged with market outlook
India's HCL profit jumps 43%, shares gain
India's fourth-biggest software services firm, HCL, Tuesday posted a 43 percent jump in quarterly net profit, beating forecasts, thanks to stronger outsourcing demand and a weak rupee.
Jan 17, 2012 |
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Nokia posts loss of $832 million in third quarter
(AP) -- World-leading mobile phone maker Nokia Corp. on Thursday reported a loss of euro559 million ($832 million) in the third quarter, taking hits from a 20 percent drop in sales and a one-time charge for the fallen value ...
Oct 15, 2009 |
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Chips' year-over-year sales fall 18 percent in July, SIA says
Global chip sales fell a little more than 18 percent in July from the year-earlier period, but in a sign of improving demand, semiconductor revenue rose on a month-to-month basis for the fifth time in a row, an industry group ...
Aug 31, 2009 |
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Nokia profit plunges 90 percent in Q1
(AP) -- Nokia Corp. on Thursday said profits plummeted 90 percent in the first quarter because of fading demand for mobile phones amid the worldwide downturn - but its shares surged as analysts had expected ...
Apr 16, 2009 |
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New European rocket lifts off on maiden flight
Europe on Monday successfully launched a new lightweight rocket carrying a test payload, culminating a more than 12-year quest to master the entire range of space launchers.
Space & Earth / Space Exploration
18 hours ago |
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Cattle producers advised to use caution as prices march higher
Cattle producers should be mindful to not get too caught up in reacting to high market prices, according to a Texas AgriLife Extension Service economist.
15 hours ago |
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India outsourcers see export growth slowing
India's flagship information technology and business services sector forecast on Wednesday that export growth would slow in the next financial year amid global "economic uncertainties."
Feb 08, 2012 |
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GlaxoSmithKline says annual profits triple to £5.26 bln
British drugmaker GlaxoSmithKline said Tuesday that net profits more than tripled in 2011 compared with the previous year, as large efficiency savings offset falling revenues.
Feb 07, 2012 |
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Coinstar's stock soars on strong 4Q for Redbox
(AP) -- Coinstar's fourth-quarter earnings soared past analyst estimates as the company's Redbox kiosks for renting DVDs picked up customers who stopped getting their discs through Netflix's rival service.
Feb 06, 2012 |
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India's Wipro quarterly profits, revenue outlook up
Wipro, India's third-largest software exporter, reported Friday a 10.3 percent rise in quarterly profit but said the global outlook remained uncertain for the nation's flagship outsourcing sector.
Jan 20, 2012 |
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IBM 4Q earnings beat estimates, revenue falls shy (Update)
IBM Corp.'s fourth-quarter earnings handily beat Wall Street's expectations on Thursday, helped by higher revenue and profit margins in the technology icon's lucrative software and services segments.
Jan 19, 2012 |
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India's Infosys warns about IT sector outlook, shares slump
Indian IT giant Infosys on Thursday posted a 33-percent rise in its quarterly profit, but warned of a slowdown and weak client spending due to global uncertainty and the European debt crisis.
Jan 12, 2012 |
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Wind turbine giant Vestas to cut 2,335 jobs this year
Wind turbine giant Vestas said Thursday it would slash 2,335 jobs, leaving Denmark's government red-faced after it made "green technologies" a top priority of its just-launched EU presidency.
Jan 12, 2012 |
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WebMD CEO Gattinella resigns
(AP) -- WebMD Health Corp. shares plunged Tuesday morning after the healthcare information website said CEO Wayne T. Gattinella has resigned, and it expects earnings to drop this year.
Jan 10, 2012 |
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