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Nov 20, 2009
Some of the computer-industry's biggest players - such as IBM Corp., Intel Corp. and Hewlett-Packard Co. - have wowed Wall Street this fall with stronger-than-expected profits.
Dell Inc. didn't join them Thursday.
The company reported a 54 percent drop in net income ...Read More
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Nov 19, 2009
Nov. 19 (Bloomberg) -- Dell Inc., the world’s third-largestmaker of personal computers, reported earnings that missedanalysts’ estimates after it lost market share and higher PCcomponent costs cut into profit.
Third-quarter net income fell to $337 million, or 17 centsa share, from ...Read More
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Nov 19, 2009
Nov. 19 (Bloomberg) -- Gap Inc., the operator of the OldNavy and Banana Republic clothing chains, reported third-quarterprofit rose 25 percent as inventory declined, and said it plansto buy back more stock.
Net income climbed to $307 million, or 44 cents ...Read More
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Nov 19, 2009
* Q3 EPS $0.84 in line with est
* Maintains Q4 EPS outlook
* Shares down 3 pct
Nov 19 (Reuters) - Off-price retailer Ross Stores Inc(ROST.O) posted an in-line quarterly profit, helped by bettermargins, but the company maintained its fourth-quarter earningsforecast which ...Read More
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Nov 18, 2009
Clothing maker Phillips-Van Heusen Corp. on Wednesday posted a jump in third-quarter earnings, boosted by a $30.4 million tax benefit, and raised its full-year 2009 profit outlook citing factors including higher expected royalties.
The company, which makes Calvin Klein, Van Heusen ...Read More
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Nov 18, 2009
Nov. 18 (Bloomberg) -- Air France-KLM Group, Europe’sbiggest airline, posted a loss in its second quarter asthe recession pummeled passenger traffic, ticket pricesand cargo handling.
The net loss was 147 million euros ($220 million), or50 cents a share, in the three ...Read More
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Nov 18, 2009
Nov. 18 (Bloomberg) -- Chico’s FAS, Inc., the women’sclothing retailer with more than 1,000 stores, rose the most inmore than 11 months in New York trading after third-quarterprofit beat analysts’ estimates.
Chico’s rose $1.71, or 13 percent, to $15.19 at 10:47 ...Read More
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Business|
Nov 17, 2009
REDMOND, Wash. (AP) - Concur Technologies Inc., which makes corporate expense-management software, said Tuesday its fiscal fourth-quarter profit rose as revenue got a boost from a 13 percent increase in subscription revenue.
The company also announced its chief financial officer, John ...Read More
REDMOND, Wash. -- Concur Technologies Inc., which makes corporate expense-management software, said Tuesday its fiscal fourth-quarter profit rose as revenue got a boost from a 13 percent increase in subscription revenue.
The company also announced its chief financial officer, John Adair, ...Read More
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Business|
Nov 17, 2009
Nov. 17 (Bloomberg) -- Target Corp., the second-largestU.S. discount chain, reported third-quarter earnings rose 18percent as profitability improved at the retail and credit-cardunits.
Net income advanced to $436 million, or 58 cents a share,from $369 million, or 49 cents a share, ...Read More