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Lenovo says quarterly profits up 65 percent

10 hours ago | User rating: not rated yet | No comments yet

(AP) -- Lenovo Group Ltd., the world's No. 4 PC maker, said Thursday its quarterly profit rose 65 percent as strong sales in China and emerging economies offset weakness in the United States.


Sprint Nextel reports 2Q loss, stock slides

August 06, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- Sprint Nextel Corp.'s up-and-down road to recovery continued Wednesday as the company reported adjusted second-quarter results that beat Wall Street expectations as well as a slower loss of subscribers.


Cisco earnings up 4 percent, beating forecasts

August 05, 2008 | User rating: not shown ( 3 vote(s) ) | No comments yet

(AP) -- Cisco Systems Inc. reported a 4 percent increase in quarterly profit Tuesday, beating analysts' expectations by a penny per share, but signaled that the weak economy would affect results in the next ...


Revised Yahoo vote reveals more disdain for board

August 05, 2008 | User rating: not shown ( 2 vote(s) ) | No comments yet

(AP) -- Yahoo Inc. has revised the results of a closely watched shareholder vote on its much-maligned board after discovering an error by a tabulation firm grossly exaggerated the number of ballots backing the directors.


Big Yahoo shareholder demands review of board vote

August 05, 2008 | User rating: not rated yet | User comments: 1

(AP) -- A major Yahoo Inc. shareholder has asked for a review of how its votes were cast in last week's re-election of the Internet company's board, raising questions about whether the opposition to the directors may have ...


Chinese entrepreneur dreams of a global brand

August 04, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- His company's gadgets are barely known abroad. But Aigo CEO Feng Jun, a boyishly exuberant walking advertisement for the fast-growing Chinese electronics maker, is out to change that.


Motorola snares Qualcomm's Jha for handset unit

August 04, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- Motorola Inc. snagged Sanjay Jha, the chief operating officer of Qualcomm Inc. and a star of the wireless industry, to head its handset division as that unit prepares to become an independent company.


Verizon, unions for 65,000 workers continue talks

August 04, 2008 | User rating: not rated yet | No comments yet

(AP) -- Verizon Communications Inc. is back in talks with two unions about new labor contracts for 65,000 workers.


Verizon, unions continue contract negotiations

August 03, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- Verizon Communications Inc. and two unions representing some 65,000 of its workers have agreed to "stop the clock" on contracts that were set to expire at 12:01 a.m. Sunday.


Yahoo board emerges unscathed from annual meeting

August 02, 2008 | User rating: not shown ( 1 vote(s) ) | User comments: 1

(AP) -- Yahoo Inc.'s board emerged largely unscathed from the Internet company's annual meeting Friday as a subdued crowd of shareholders raised few questions about the directors' rejection of Microsoft Corp.'s ...


Verizon labor deal to end, strike seen as unlikely

August 01, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- Union contracts covering about 65,000 workers at Verizon Communications Inc. expire Saturday night, but the threat of a strike appears small.


Yahoo shareholders get chance to spar with company

August 01, 2008 | User rating: not rated yet | No comments yet

(AP) -- Yahoo shareholders are getting their chance to challenge the company's management over its handling of a $47.5 billion takeover offer from Microsoft Corp.


Sun 4Q profit falls 73 pct, guidance hurts stock

August 01, 2008 | User rating: not shown ( 1 vote(s) ) | No comments yet

(AP) -- Sun Microsystems Inc.'s profit plunged 73 percent in the most recent quarter as slumping sales to big U.S. companies and restructuring charges weighed on the server and software maker.


Yahoo to face shareholder wrath at annual meeting

July 31, 2008 | User rating: not rated yet | No comments yet

(AP) -- Yahoo Inc.'s recent truce with investor Carl Icahn didn't pacify many shareholders who remain on the war path heading into the Internet company's annual meeting Friday.


Motorola posts small 2Q profit, beats expectations

July 31, 2008 | User rating: not rated yet | No comments yet

(AP) -- In a sign that it may be finally turning its fortunes around, Motorola Inc. surprised investors Thursday by reporting a small profit for the second quarter and revealing it had shipped more cell phones than in the ...


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