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HP posts quarterly earnings beating estimates, Wall Street unimpressed

Wed, 22 May 2013 21:55:00 GMT

<img align='left' src='http://photos.macnn.com/article_images/article_thumbnail/1369259870_whitman-sm.jpg' border='0' width='176' height='120' />HP today announced financial results for its second fiscal quarter ended April 30, 2013. Second quarter diluted earnings per share was $0.55, down from $0.80 in the prior-year period and above its previously provided outlook of $0.38 to $0.40 per share. For the second quarter, net reven...]]>

Sharp to cut 5,000 jobs, refocus production in financial recovery move

Fri, 10 May 2013 18:34:00 GMT

<img align='left' src='http://photos.macnn.com/article_images/article_thumbnail/1367456602_sharp-sm.jpg' border='0' width='176' height='120' />Sharp will be drastically cutting its number of employees over the next three years, as part of a plan to financially rectify itself. Out of the 51,000 currently employed by the company worldwide, Sharp will be r...]]>

Best Buy sells stake in European business to Carphone Warehouse

Tue, 30 Apr 2013 13:11:00 GMT

<img align='left' src='http://photos.macnn.com/article_images/article_thumbnail/1360258984_briefly0702.jpg' border='0' width='176' height='120' />Carphone Warehouse Group to co-owner Carphone Warehouse, in its report. Net income for the year ending March 31st saw the company earn 40 billion yen ($403 million), an improvement from the 4...]]>

AT&T results show increased earnings, lower revenues

Wed, 24 Apr 2013 14:16:00 GMT

<img align='left' src='http://photos.macnn.com/article_images/article_thumbnail/1365536744_att-wall.jpg' border='0' width='176' height='120' />results from AT&T shows the company has managed to increase its year-on-year earnings by $100 million to $3.7 billion, matching the expectations of Wall Street...]]>

Blackstone pulls Dell offer, citing earnings, sales drop

Fri, 19 Apr 2013 14:06:00 GMT

<img align='left' src='http://photos.macnn.com/article_images/article_thumbnail/1360616009_dellwithMD-sm.jpg' border='0' width='176' height='120' />ending its offer for control of Dell, citing a 14-percent drop in Verizon has managed to secure an extra 677,000 subscribers to its postpaid wireless service in the first quarter of this year. Quarterly financial Yahoo today released quarterly financial results that approached, but fell short of, Wall Street expectations. The company's net revenue reached $1.07 billion, the low end of what the company forecast in January, with analyst estimates at $1.1 billion. Yahoo said it earned $390 mill...]]>

ARM Q4 revenues up 21 percent, pre-tax profits hit $126M

Tue, 05 Feb 2013 11:40:00 GMT

<img align='left' src='http://photos.macnn.com/news/1203/cortexm0plusin.jpg' border='0' width='176' height='120' />ARM has revealed pre-tax profits have risen 16-percent in the fourth quarter of 2012, compared to the same pe...]]>

Apple shifts books around in greater transparency effort

Tue, 29 Jan 2013 04:32:00 GMT

<img align='left' src='http://photos.macnn.com/news/1212/AAPL-stock-sm.jpg' border='0' width='176' height='120' />financial reports Apple has filed with the SEC reveals that some