Showing posts with label Business News. Show all posts
Showing posts with label Business News. Show all posts

Tuesday, May 17, 2011

HPQ

HP (NYSE: HPQ) reported that net revenue of $31.6 billion was up 3 percent from the prior-year period as reported and up 1 percent when adjusted for the effects of currency. GAAP diluted earnings per share was $1.05, up 15 percent from $0.91 in the prior-year period. Non-GAAP diluted EPS was $1.24, up 14 percent from $1.09 in the prior-year period.Financial highlights for various business

SBI Q4 Results 2011

The key benchmark indices extended initial losses to hit fresh intraday lows in afternoon trade soon after banking major State Bank of India announced poor Q4 results. Weak start for European stocks also weighed on the sentiment. The BSE 30-share Sensex was down 144.10 points or 0.78%, up close to 10 points from the day's low and off close to 235 points from the day's high. The market breadth was

Monday, May 16, 2011

Galaxy Macau

Flanked by long-legged models adorned in peacock feathers, Hong Kong property and construction tycoon Lui Che Woo was all smiles as he opened the doors to his new $US2 billion ($A1.9 billion) casino in Macau on Sunday.Lui, chairman of Macau casino operator Galaxy Entertainment , around 20 per cent owned by private equity group Permira, is the only operator to open a casino this year in Macau, the

CEBU Pacific

CEBU PacificThe Philippines’ largest national flag carrier, Cebu Pacific (CEB), was named the most sociable airline in the world recently by Planely.com, an air travel-focused social networking site that saw 142 airlines joining its contest.Planely’s service allows passengers to register their flights, and the website shows them who they will be flying with so they can meet and help pass the time

Sunday, May 15, 2011

Galaxy Macau

GALAXY Entertainment Group opened its $HK14.9 billion ($A1.8 billion) casino resort in Macau yesterday after an almost two-year delay because of the credit crisis, adding more competition to the booming market for James Packer's Melco Crown joint venture.The 450-table, 2200-room Galaxy Macau may help Hong Kong billionaire Lui Che Woo's company reduce its reliance on high-stakes gamblers, said

Go Daddy

This week Domain Name Wire discussed Godaddy auction domains appearing within the registration path. This change had actually occurred months ago, but since there was no announcement by Godaddy most didn’t notice the change.  DNW points out that this change means that you can now list a domain at auction for a lower commission and the name shows for sale when a user searches for that name.The

Kroger

Pay for Kroger Co.'s CEO fell again as the grocery chain's sales and profit growth fell below tough targets in a choppy economy.An Associated Press analysis of a regulatory filing Friday shows that David Dillon, chairman and CEO of the nation's largest traditional grocer, received compensation for 2010 valued at $5.4 million. That's down 19 percent from 2009, and the third straight year in which

Canon USA

Camera maker Canon USA Inc. recently celebrated the setting of the last segment of steel for its new corporate office in Melville, N.Y.The new facility, which will serve as Canon USA's headquarters for North and South America, will be one of three worldwide corporate offices for parent company Canon Inc. The other two are in Tokyo and London."Today we are celebrating yet another milestone toward

Playstation Asia

Sony Corp. began a limited and phased restoration of its PlayStation Network and Sony Online Entertainment videogame services Saturday, bringing the company a step closer to normalcy following an attack on its systems that compromised personal information for more than 100 million user accounts last month.The Japanese electronics giant said that following the release of a mandatory software

Friday, May 13, 2011

Modern Warfare 3

Activision has yet to confirm much of anything about this year's Call of Duty title, including whether or not it is, as expected, Modern Warfare 3. Some details were unearthed earlier this week -- namely, it is MW3, and environments in the game are going to be larger and feature destructible elements, bringing the game more in line with what's seen in a Battlefield title. More details were set to

Thursday, May 12, 2011

Sprint

Sprint Nextel Corp. (S), the third-largest U.S. wireless carrier, reported first quarter 2011 results on April 28. Adjusted loss bettered the Zacks Consensus Estimate by 7 cents and was 14 cents narrower from the year-ago loss. Total revenue also improved from the year-ago quarter and surpassed the Zacks Consensus Estimate.First Quarter ReviewSprint delivered improved results despite competitive

Genting Singapore

Genting SingaporeGenting's Singapore casino-resort generated S$538 million ($435.1 million) in gross earnings for the quarter ended March, far outpacing the amount earned by rival Marina Bay Sands, the city-state's other casino. Resorts World at Sentosa made S$538 million in earnings before interest, tax, depreciation and amortisation (EBITDA) in the three months ended March, up from the S$390

iGate Patni

iGATE, on Thursday successfully completed the acquisition ofPatni. This brings on board a new management and a new business plan for Patni Computers. (Here are the Contours of the deal)A new six-member board for Patni and a nine-member executive committee for iGATE-Patni have been announced. According to which, Jai Pathak will be the new chairman of Patni and Phanessh Murthy will take over as MD