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Dells profit dives as billionaire battle rages on

Fri, 17 May 2013 06:53:07 GMT

Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continued to shrink.

Facebook outlook still muddled one year after IPO

Fri, 17 May 2013 05:32:16 GMT

The IPO on May 18 last year sparked a series of crises for Facebook, with the shares plunging from $38 to as low as $17.73 in September.

Cisco profit beats Street shares rise on outlook

Thu, 16 May 2013 06:39:48 GMT

Network equipment maker Cisco Systems Inc posted a higher than expected quarterly profit and said current-quarter revenue could increase, giving some relief to investors who had worried it was being hurt by weak technology spending.

Big Sony options action before Loeb stake raises eyebrows

Wed, 15 May 2013 09:18:44 GMT

A surge in option market bets on Sony Corp just before a large hedge fund investor announced a big stake and called for a major restructuring of the company has raised concerns that some traders may have had advance word of the news.

Yahoo to ramp up marketing to woo younger users says CFO

Wed, 15 May 2013 06:09:34 GMT

Yahoo plans to ramp up advertising and marketing efforts as it seeks to break its reliance on an "aging demographic" and become more relevant among young adults, the company's finance chief said on Tuesday.

Nokias market share slumps in first quarter Gartner

Tue, 14 May 2013 09:19:41 GMT

Nokia, battling to keep up with Samsung and Apple in the global phone race, lost almost 5 percentage points of market share in the first quarter, research company Gartner said on Tuesday.

LinkedIn looks to build on its impressive resume

Tue, 14 May 2013 06:27:43 GMT

LinkedIn and Facebook will celebrate the anniversaries of their IPOs just a few days apart this week. But their experiences as publicly traded companies couldn't be more different.

Only 10000 HTC First handsets sold since launch analyst

Sat, 11 May 2013 05:35:54 GMT

Early estimates suggest that the Facebook phone has failed to catch on but that there's clearly life in the Facebook Home app.

Barnes amp Noble shares soar on Microsoft report

Fri, 10 May 2013 05:47:53 GMT

Shares in Barnes & Noble Inc rose 23 percent on Thursday after a report that its partner Microsoft Corp is considering an offer to acquire all of Nook Media's digital assets.

Sharp shares soar after 5000 job cuts report

Fri, 10 May 2013 05:12:45 GMT

Shares in struggling Japanese electronics maker Sharp jumped more than seven percent Friday after a report it will cut an extra 5,000 jobs.

Sony gadgets struggle despite profit rise smartphones key

Thu, 09 May 2013 06:24:47 GMT

Sony Corp forecast a drop in sales of cameras and game machines this business year as its consumer gadget business struggles despite a rebound in profit to five-year highs and a boost from the weak yen.

AOL returns to display advertising growth

Wed, 08 May 2013 11:36:46 GMT

AOL Inc reported a rise in first-quarter revenue as the online media group posted growth in display advertising.

Electronic Arts expects stronger 2014 slate

Wed, 08 May 2013 08:58:54 GMT

Electronic Arts Inc forecast fiscal 2014 earnings above Wall Street's expectations as cost cuts take hold and higher-margin digital sales accelerate, lifting the video game publisher's stock 8 percent.

BlackBerry shares hit by Pacific Crest report

Wed, 08 May 2013 05:16:03 GMT

Shares of BlackBerry slid more than 5 percent on Tuesday after Pacific Crest Securities issued a downbeat report on sales momentum for smartphones running the company's new BlackBerry 10 operating system.

Toshiba shares slide on lower profit report

Wed, 08 May 2013 04:40:55 GMT

Toshiba shares slid Wednesday after a report said the Japanese technology and engineering conglomerate likely fell short of its operating profit forecast for the last fiscal year.

Alibaba Groups net profit up 171 percent Yahoo

Wed, 08 May 2013 04:26:53 GMT

China's Alibaba Group Holding Ltd posted a 171.1 percent jump in net profit in the fourth quarter as its revenue rose 84 percent, according to a regulatory filing by major shareholder Yahoo Inc.

Microsoft extends Yahoos US search revenue guarantee

Tue, 07 May 2013 16:08:33 GMT

Microsoft Corp extended the revenue guarantee it provides to Yahoo Inc in the companies' underperforming search partnership, Yahoo said today.

Apple gains in US smartphone market report

Sat, 04 May 2013 06:56:15 GMT

Industry tracker comScore on Friday reported that Apple gained ground in the US smartphone market, nibbling into the lead held by handsets powered by Google's Android software.

BlackBerry Q10 sells strongly in Canada Britain analyst

Sat, 04 May 2013 05:10:25 GMT

BlackBerry's new Q10 smartphone, which comes with the physical keyboard that many BlackBerry fans prize, is selling well in both Canada and Britain, an industry analyst said on Friday.

HTC marketing blitz to squeeze 2013 margins

Fri, 03 May 2013 06:19:11 GMT

Taiwanese smartphone maker HTC Corp will struggle to improve its margins this year as it increases marketing spend for its latest model in a bid to catch up to rivals Samsung Electronics Co Ltd and Apple Inc.

LinkedIn Q2 revenue forecast falls short of targets

Fri, 03 May 2013 06:11:40 GMT

LinkedIn Corp shares fell 10 percent on Thursday after disappointing revenue forecasts suggested that a revamped mobile app and other new products designed to keep smartphone users engaged will not deliver on advertising growth as quickly as anticipated.

Facebook-profit-rise-fueled-by-mobile-ad-growth

Thu, 02 May 2013 03:42:33 GMT

Facebook's profit in the first quarter of this year climbed as it used its grip on people's online social lives to challenge Google and Apple for revenue from mobile ads and apps.

Sharp-to-post-worse-than-forecast-annual-loss-sources

Wed, 01 May 2013 07:16:14 GMT

Sharp Corp, which supplies Apple Inc with screens for its iPhone and iPad, will post a bigger-than-forecast net loss for the year that ended on March 31 in part because low output at its factories forced it to write off excess capacity, two sources with knowledge of the result said.

Apple-lays-groundwork-for-first-debt-sale-ever

Tue, 30 Apr 2013 05:21:30 GMT

Apple took initial steps Monday for what would be its first debt sale ever, as the U.S. computer giant lays the groundwork for what would be one of the most anticipated bond sales of the year.

Dell-investors-may-still-gain-after-Blackstone-pullout-Barron-s

Mon, 29 Apr 2013 05:22:08 GMT

Dell shareholders could still stand to profit even after Blackstone Group LP withdrew its bid to buy the world's No. 3 personal computer maker more than a week ago, Barron's said on Sunday.