Professional Technology News
Discover Financial Services announced recently that it made 349.6 million dollars in the fourth quarter of this year, according to a report by Dow Jones Newswires. This is largely the result of consumers to both increase their use of credit cards, and because they were more conscientious in paying their monthly bills. The figure of [...]
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, [...]
Viacom Inc posted a higher-than-expected quarterly profit on Thursday on cost cuts and improved advertising sales, but a decline in DVD sales caused revenue to miss Wall Street estimates. The results, released Thursday, marked a full year of rising profits for Viacom. Coming out of a recession that put a huge dent in the budgets [...]
Despite a more challenging market, Roche Holdings’ confirmed its full-year outlook on Thursday and posted an 8% jump in its first-half net income because of more drug and diagnostics sales. The Swiss pharmaceutical company also noted that the U.S. Food and Drug Administration has voted to halt the use of Roche’s Avastin drug for treating [...]
Xerox Corp.’s profit jumped 62%, topping expectations, as small- and mid-sized businesses continued to show renewed interest in spending. The printer-and-copier maker, which earlier this year branched out into technology services, also raised its 2010 per-share earnings forecast to between 88 cents and 92 cents from 85 cents and predicted a third-quarter, per-share profit of [...]
IT leader and India’s top software export service provider Tata Consultancy Services Ltd. (TCS) announced Q1 2011 net profit results today on 15 July, 2010. TCS reported that quarterly net profit is increased by 21%, beating it’s estimates and also have outsourcing demand from overseas clients.
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