News tagged with second quarter

News Corp. quarterly net profit up 65%

News Corp. said Wednesday that its net profit rose 65 percent in the second quarter of its fiscal year to $1.06 billion.

Technology / Business

created Feb 08, 2012 | popularity not rated yet | comments 0

Cisco beats estimates with 2Q earnings, sales (Update)

(AP) -- Cisco, the world's largest maker of computer networking equipment, on Wednesday said that its net income jumped 44 percent in the latest quarter as it continues to put last year's slump behind it.

Technology / Business

created Feb 08, 2012 | popularity not rated yet | comments 0

India's Mahindra Satyam sues former directors, auditor

Indian software outsourcer Mahindra Satyam on Monday said it had filed a case against past directors and a former auditor, seeking damages over a $1 billion accounting scam.

Technology / Business

created Jan 09, 2012 | popularity not rated yet | comments 0

Lam Research buying Novellus Systems in $3.3B deal

Semiconductor equipment maker Lam Research Corp. is buying rival Novellus Systems Inc. for $3.3 billion in stock, the companies announced Wednesday.

Technology / Business

created Dec 15, 2011 | popularity not rated yet | comments 0

Cisco's latest results show signs of turnaround

(AP) -- Cisco Systems Inc., the world's largest maker of computer networking gear, is showing signs of pulling a turnaround, exceeding analyst sales expectations for the second quarter in a row.

Technology / Business

created Nov 09, 2011 | popularity not rated yet | comments 0

Parent of Taiwan's Foxconn reports profit drop

The parent of Taiwan technology giant Foxconn, which makes iPads and iPhones for Apple, said Monday its third-quarter profit dropped, with analysts pointing to the cost of moving factories in China.

Technology / Business

created Oct 31, 2011 | popularity not rated yet | comments 0

Groupon seeks to raise up to $621 million from IPO

US online daily deals sensation Groupon said Friday that it hopes to raise as much as $621 million from its initial public offering, less than previously expected.

Technology / Business

created Oct 21, 2011 | popularity not rated yet | comments 0

Newspaper website visits up despite paywalls: NAA

Traffic to US newspaper websites rose over the past year despite the introduction of paywalls by a number of outlets, the Newspaper Association of America (NAA) said Thursday.

Technology / Internet

created Oct 21, 2011 | popularity 1 / 5 (1) | comments 0

Venture investments grow in 3Q from last year

(AP) -- Venture capitalists invested more money in more U.S. startups in the third quarter than they did a year earlier - especially in the software industry.

Technology / Business

created Oct 19, 2011 | popularity not rated yet | comments 0

Microsoft, Samsung expand smartphone partnership (Update)

(AP) -- Microsoft and Samsung Electronics have agreed to cross-license one another's patent portfolios, with Microsoft getting royalties for the mobile phones and tablets Samsung sells that run Google Inc.'s Android operating ...

Technology / Business

created Sep 28, 2011 | popularity not rated yet | comments 0

Top Groupon exec jumps back to Google

Groupon revealed that the startup's chief operating officer was leaving after just five months for a job at her former employer -- Google.

Technology / Business

created Sep 24, 2011 | popularity not rated yet | comments 1

Pandora net loss widens but revenue up sharply

Internet radio company Pandora on Thursday posted its first quarterly earnings since going public, reporting a wider net loss but revenue that more than doubled on solid advertising growth.

Technology / Business

created Aug 26, 2011 | popularity not rated yet | comments 0

Dell's 2Q comes amid PC strife

(AP) -- Dell Inc.'s latest earnings come at a difficult time for the PC industry. Consumer demand is sagging, as tablets and smartphones steal market share. The Round Rock, Texas-based company's fiscal second quarter results, ...

Technology / Business

created Aug 12, 2011 | popularity not rated yet | comments 2

KPN reports profit drop, blames Internet phone apps

Dutch telecoms operator KPN reported an 11.0-percent drop in net profit to 414 million euros for the second quarter on Tuesday, blaming the rise of Internet-based telephone applications.

Technology / Business

created Jul 26, 2011 | popularity not rated yet | comments 0

Google's lobbying bill tops $2M for 1st time in 2Q

(AP) -- Google Inc.'s quarterly lobbying expenses surpassed $2 million for the first time during the spring and early summer amid U.S. government scrutiny that hatched a wide-ranging investigation into the Internet search ...

Technology / Business

created Jul 21, 2011 | popularity not rated yet | comments 0