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Infosys Technologies Ltd., India software exporter, posted profit that beat analysts’ estimates and agreed to pay a special dividend as the rebounding global economy boosts demand for information technology services. Net income rose 13 percent to 17.4 billion rupees ($394 million) in the three months ended in September, from 15.35 billion rupees a year earlier, [...]
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 [...]
Google continues to dominate in its core business, search advertising, which accounts for more than 90 percent of its revenue. But as Google grows and search becomes increasingly competitive, analysts and investors are beginning to wonder what is next for the company. Google Inc.’s second-quarter earnings missed analysts’ target as higher expenses and the fallout [...]
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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