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Cognizant Technology Solutions Corp (CTSH) reported a profit that topped market estimates for the sixth straight quarter, helped by a surge in discretionary projects, and raised its outlook for the year. Shares of the IT services provider were up 5 percent in trading before the bell. Shares of Cognizant Technology Solutions traded at a new [...]
The New York Times Company announced today 2010 second-quarter results. Total revenues increased 1.2 percent to $589.6 million in the second quarter of 2010 compared with the second quarter of 2009, an improvement from the first quarter 2010 decline of 3.2 percent compared with the first quarter of 2009. Net income was $32 million, or [...]
In an interview with the Wall Street Journal, Activision – Blizzard CEO Bobby Kotick stated that 70% of the company’s operating profit comes from “non-console-based video games”. That’s also the reason why he doesn’t look at retail sales charts that often anymore. The 11.5 million World of Warcraft players paying a $15 monthly fee has [...]
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