Motorola posts 3rd-quarter profit as mobile division losses ease, names CFOOctober 29th, 2009 more images
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Motorola posts 3Q profit, names CFO
NEW YORK — Motorola Inc. reported an unexpected quarterly profit Thursday as operating losses in its struggling mobile phone division narrowed.
Motorola posts 3rd-quarter profit as mobile division losses easeOctober 29th, 2009 more images
more imagesMotorola posts 3Q profitNEW YORK — Motorola is reporting an unexpected profit for the third quarter as operating losses in its struggling mobile phone division narrowed. Its shares are jumping more than 5 percent in premarket trading.
Samsung announces earnings estimate for first time in bid to damp speculationJuly 6th, 2009 Samsung announces earnings estimateSEOUL, South Korea — Samsung Electronics Co., the world's biggest manufacturer of memory chips, announced quarterly earnings estimates for the first time Monday, saying it hopes to reduce market confusion and speculation about its performance. The Suwon, South Korea-based corporation said it expects consolidated sales of between 31 trillion won ($24.46 billion) and 33 trillion won for the three months through June.
Motorola posts 3rd-quarter profit and upgrades outlook, sending its shares up sharplyOctober 29th, 2009 more images
more imagesMotorola's shares surge with unexpected profitNEW YORK — The turnaround effort long sought at Motorola Inc. finally could be on track.
Samsung reports its first quarterly lossJanuary 22nd, 2009 SEOUL - Samsung Electronics Co, the leading South Korean electronics maker, posted its first quarterly loss, saying Friday that it was 20 billion won ($14.59 million) in the red in the final quarter of 2008. The world's largest maker of memory chips and liquid-crystal displays said the falling prices of memory chips and sinking demand for electronics during the global economic downturn was the cause for the loss after it had seen a profit of 2.21 trillion won in the same quarter a year earlier.
Panasonic reports $558 million quarterly loss as cost cuts offset by sales slump, lower pricesAugust 3rd, 2009 Panasonic reports $558 million quarterly lossTOKYO — Panasonic is reporting a 52.98 billion yen ($558 million) loss for the fiscal first quarter as lower sales, falling gadget prices and retirement expenses offset cost cuts. Osaka-based Panasonic Corp.
Apple posts $1.21 billion profit; iPhone sales surge 123 percentApril 23rd, 2009 NEW YORK - The economic slump seems to have no impact on Apple Inc. as Cupertino-based electronic and software giant posted a quarterly profit of $1.21 billion on revenue of $8.16 billion Wednesday.
Seagate sees signs of improvement in data storage but posts 4th-quarter loss of $81 millionJuly 21st, 2009 Seagate posts 4Q loss on lower sales, big chargesSCOTTS VALLEY, Calif. — Hard drive maker Seagate Technology on Tuesday reported a fiscal fourth-quarter loss, reversing a year-ago profit, but said it is seeing signs of improvement in the data storage market and lifted its revenue outlook for the first quarter.
Motorola posts unexpected 2Q profit and sells more phonesJuly 30th, 2009 Motorola posts unexpected 2Q profitNEW YORK — Helped by deep cost cuts, Motorola Inc. on Thursday posted an unexpected profit for the second quarter after several quarters of losses, and said it expected things to keep improving this year.
Sony's net profit down 94.8 percent in October-December periodJanuary 28th, 2009 TOKYO - Sony Corp Thursday reported its net profit plunged 94.8 percent in the October-to-December quarter to 10.4 billion yen ($116.37 million) because of a strong yen and dwindling demand for electronics. The earnings compared with a 200.2 billion yen net profit from the same quarter a year earlier.
Yingli Green Energy reports 2nd-qtr loss on one-time charges, adjusted earnings beat streetAugust 19th, 2009 Yingli Green Energy posts 2Q loss on chargesNEW YORK — Solar cell maker Yingli Green Energy Holding Co. on Wednesday posted a second-quarter loss driven by one-time charges, sending shares tumbling in premarket trading.
Sweden's Ericsson posts 35 percent drop in 1Q profit amid higher restructuring chargesApril 30th, 2009 Ericsson posts 35 percent drop in 1Q profitSTOCKHOLM — Wireless equipment maker LM Ericsson on Thursday reported a 35 percent fall in first-quarter net profit due to weak results from its handset unit Sony Ericsson and higher restructuring costs. The Stockholm-based company said net profit in the quarter was 1.7 billion kronor ($210 million) compared with 2.6 billion kronor in the same period a year ago.
Indians-led Citi, Motorola among top tax payers in USApril 28th, 2009 WASHINGTON - Citigroup and Motorola, two American corporate giants led by India-born CEOs, rank among the biggest taxpayers in the US despite their heavy losses due to the economic downturn, according to BusinessWeek. The US business magazine names Vikram Pandit-led banking behemoth Citigroup and Sanjay Jha-led mobile phone major Motorola among the firms paying highest rate of taxes, with the total tax paid by the two exceeding their annual income.
Flextronics posts 2Q profit, reversing loss, on restructuring efforts and improved marginsOctober 26th, 2009 more images
more imagesFlextronics climbs to 2Q profit from lossNEW YORK — Singapore-based Flextronics International Ltd., which makes electronic gadgets such as cell phones and Microsoft Corp.'s Xbox, said Monday it flipped to a second-quarter profit on better margins and improvements from restructuring. The company earned $19.7 million, or 2 cents per share, compared with a loss of $154 million, or 19 cents per share, a year ago.
GameStop profit falls 32 percent on fewer hit video game titles; full-year outlook cutAugust 20th, 2009 GameStop posts disappointing profit, cuts outlookGRAPEVINE, Texas — GameStop Corp., the world's largest video game and entertainments software retailer, posted disappointing fiscal second-quarter results on Thursday and lowered its full-year earnings forecast, citing fewer hit video games and cautious consumers. Shares tumbled in morning trading.
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