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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...

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India's Infosys posts 7.5 pct jump in quarterly profit

Infosys Technologies, India's second-biggest software firm, posted Friday a surprise 7.5 percent quarterly jump in net profit as an improving global economy eased price-cutting pressure.

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India's TCS quarterly profit up 47 percent, beating forecast

India's largest software exporter Tata Consultancy Services reported Monday a stronger-than-expected 47 percent jump in quarterly profit from a year earlier thanks to strong outsourcing demand.

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India's TCS quarterly profit up on outsourcing demand

India's largest software exporter Tata Consultancy Services (TCS) on Thursday reported a 24 percent rise in quarterly profit from a year earlier, on robust demand for outsourcing.

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India's Wipro profit edges up, shares dip on weak outlook

India's third-largest software firm Wipro posted a better-than-expected rise in first-quarter net profit on Wednesday but gave a muted revenue outlook due to global economic uncertainty.

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India's Infosys Q2 profit up near 10%, shares jump

Indian software giant Infosys on Wednesday said quarterly profit rose by nearly 10 percent, powering its shares upwards as investors ignored a warning about an uncertain global market.

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India's TCS announces 14.7% Q2 profit jump

India's biggest software exporter, TCS, said Monday its quarterly net profit rose 14.7 percent, marginally below estimates, as concerns over global uncertainty offset improved outsourcing demand.

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Amazon 3Q net income sinks, missing analyst views

(AP) -- Amazon's spending on expansion will eventually help its bottom line, but right now it's costing the online retailer on Wall Street.

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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.

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India's largest IT firm TCS Q3 profit up 23%

India's biggest outsourcing company, Tata Consultancy Services, reported on Tuesday that net profit rose 23 percent in the third quarter, matching forecasts, thanks to a rise in orders.

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India's IT giant TCS slumps despite profit boost

Shares in India's biggest outsourcing firm TCS slid as much as 5.1 percent Wednesday amid investor concern about the outlook for a sector dependent on demand from crises-hit Europe and the United...

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India's Infosys profit up 27% but shares tumble

Indian software exporter Infosys on Friday said its quarterly profit rose 27 percent, but disappointed the markets with a lower-than-expected growth forecast that saw its shares plunge.

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India's Wipro Q4 profit up 7.7% but forecast muted

India's third-largest software company Wipro on Wednesday posted a 7.7 percent year-on-year rise in net profit for the January-March period, but gave a muted forecast that sent its shares tumbling.

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India's Infosys cuts revenue outlook, shares tumble

Shares in Indian software giant Infosys fell more than eight percent on Thursday after the company announced a surprise cut its full-year revenue outlook and reported a lower-than-expected profit.

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India's TCS profits rise 38%, rival Infosys disappoints

India's biggest outsourcing firm, TCS, on Thursday posted a 38 percent rise in quarterly profit, beating analysts' estimates, while earnings of rival Infosys disappointed investors.

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India's Wipro Q1 net profit up 18%, sees weak outlook

India's third-largest software firm Wipro on Tuesday said net profit climbed 18 percent in the fiscal first quarter but said the global outlook remained uncertain after it gave a muted revenue outlook.

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Net profit of India's largest IT firm TCS up 23%

India's biggest IT outsourcer, Tata Consultancy Services, said on Monday that net profit beat forecasts to rise 23 percent in the third quarter despite economic woes in its main markets.

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Groupon hammered after fresh losses

Groupon shares took a nosedive Wednesday after the online deals giant surprised markets by reporting fresh losses in the past quarter and a weaker-than-expected outlook.

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India's TCS reports 22% rise in quarterly profit

India's biggest IT outsourcing firm, Tata Consultancy Services, on Wednesday reported a 22 percent jump in quarterly net profit, in line with market forecasts, led by stronger outsourcing orders.

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India's Wipro Q4 profit up 17%, gives weak outlook (Update)

India's third-largest software firm Wipro on Friday said net profit in January-March rose nearly 17 percent, beating forecasts, but projected weak revenue growth due to global uncertainty.

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India's Wipro shares slump 11% on weak forecast

Shares of Wipro, India's third-largest software firm, slumped as much as 11 percent intraday Monday after it projected weak revenue growth last week owing to global uncertainty.

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EBay CEO cites 'uncertainty' for weak 4Q outlook

EBay said the growth rate of e-commerce in the United States is slowing as it delivered a weaker than expected profit and revenue outlook for the current quarter through December. The company's...

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United Tech predicts 2013 earnings, revenue gains

United Technologies Corp. is forecasting earnings just shy of Wall Street's forecast.

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Apple takes $14B bite of its stock via buyback (Update)

Apple has repurchased $14 billion of its stock in the two weeks after its first-quarter financial results and second-quarter revenue outlook disappointed investors.

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India's Infosys sees weaker sales, shares tank

Shares of Indian outsourcing giant Infosys slid almost nine percent Thursday after the firm warned that quarterly revenues may be weaker-than-expected following project cancellations.

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Semiconductor revenue to fall 11 percent: Gartner

Worldwide semiconductor revenue is expected to decline by more than 11 percent in 2009 over last year, less than previously forecast, market research firm Gartner said Monday.

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