Lenovo reports 19 percent rise in quarterly profit on sales growth outside China
Lenovo Group, the world's biggest personal computer maker, says its latest quarterly profit rose 19 percent, driven by sales growth outside its home China market.
IBM to pay $1.5 billion to Global foundries in order to shed its chip division
IBM is paying $1.5 billion to Globalfoundries in order to shed its costly chip division.
Tencent, Chinese operator of games and WeChat message service, says profit up 59 percent
China's Tencent Holdings Ltd., which operates online games and the popular WeChat messaging service, says its latest quarterly profit rose 59 percent due to strong growth in its mobile business.
Computer maker Lenovo reports 23 percent growth in quarterly profit on strong mobile sales
Lenovo Group, the world's biggest personal computer maker, says its latest quarterly profit rose 23 percent on strong growth in sales of smartphones and other mobile devices.
Nintendo reports worse-than-expected quarterly loss as Wii U sales momentum picks up slowly
Nintendo Co. sank to a worse-than-expected loss for the fiscal first quarter on lagging Wii U video-game machine sales.
Facebook 2nd-quarter profit more than doubles, tops forecast
Facebook Inc. (FB) on Wednesday reported profit that more than doubled in its second quarter, and topped analysts' expectations.
Microsoft 4th-quarter earnings come up short on Nokia loss
Microsoft is reporting fourth-quarter earnings that came in below analyst expectations, as it took a hit from the Nokia devices business that it bought in April.
Yahoo posts lower 2nd-quarter earnings revenue amid ad slump, stock up on Alibaba deal
Yahoo Inc. said Tuesday that its second-quarter earnings and revenue declined, hurt by a decline in display advertising sales that the company has been struggling with in recent years.
Cisco Heads South as Earnings Fail to Silence Skeptics
Shares of Cisco Systems retreated 4% and were the worst performer on the Dow Industrials as investors fret over the tech giant’s disappointing orders and deteriorating margins.
IBM Reveals Mixed 4Q Results as Sales Slump
IBM revealed better-than-expected quarterly profits Tuesday. However, Big Blue's revenues trailed Wall Street's views.
Ciena Posts 4Q Miss as Costs Jump
Ciena slashed its 4Q loss but still missed Wall Street’s earnings view amid higher costs, sending shares down 4% Thursday.
Hewlett-Packard Spikes as 4Q Sales Fall Less Than Feared
Hewlett-Packard posted 4Q results after the bell Tuesday, handily topping Wall Street’s views. The tech giant earned $1.01 an adjusted share on revenue of $29.1 billion.
Network Gear Maker Ciena Soars After 3Q Beat, Upbeat Guidance
The network gear maker benefited from a meaningful increase in margins and stronger product sales.
Cisco Discloses Plans to Cut 4K Jobs After Slight 4Q EPS Beat
Cisco narrowly topped forecasts on Wednesday by posting an 18.4% jump in fiscal 4Q profits, but the tech company's revenue growth failed to impress investors and it disclosed plans to slash 4,000 jobs.
IBM's 2Q Net Sinks 17% as Global Growth Slows; FY Outlook Raised
Slowing economic growth helped fuel a 17% drop in Big Blue's second-quarter profits, but the company's adjusted earnings topped views and management raised its full-year outlook.
H-P 2Q Profit Tops Street View, But Sales Miss
Hewlett-Packard's adjusted profits exceeded expectations, sending its shares soaring 10% in extended trading.
Dell 1Q Net Tumbles 79% as PC Trouble Continues
The PC maker revealed a deeper-than-expected 79% plunge in first-quarter profits.
Cisco Soars 4% After 3Q Beat; CEO Sees 'Good Signs' in U.S., Overseas
The tech bellwether beat earnings and sales estimates and sounded an optimistic note about the future.
Market Selloff: It Could Get A Lot Uglier
The rout in U.S. stock markets deepened Wednesday and the only thing for certain is that it could get a lot uglier.
Goldman Sees Another Year of Flatlining Stocks
U.S. stocks will spend another year flatlining in 2016 as investors feel the impact of higher interest rates on stock valuations, according to a Goldman Sachs forecast.










