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...
View ArticleIndia'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.
View ArticleIndia'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.
View ArticleIndia'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.
View ArticleIndia'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.
View ArticleIndia'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.
View ArticleIndia'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.
View ArticleAmazon 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.
View ArticleIndia'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.
View ArticleIndia'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.
View ArticleIndia'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...
View ArticleIndia'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.
View ArticleIndia'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.
View ArticleIndia'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.
View ArticleIndia'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.
View ArticleIndia'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.
View ArticleNet 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.
View ArticleGroupon 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.
View ArticleIndia'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.
View ArticleIndia'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.
View ArticleIndia'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.
View ArticleEBay 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...
View ArticleUnited Tech predicts 2013 earnings, revenue gains
United Technologies Corp. is forecasting earnings just shy of Wall Street's forecast.
View ArticleApple 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.
View ArticleIndia'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.
View ArticleSemiconductor 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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