Data storage equipment maker NetApp Inc reported a 6 percent dip in fiscal second-quarter profit and forecast lower than expected results for the current quarter as large corporations trim technology spending in a shaky economy.
Shares of Dell feel 2 percent despite the company's report of higher-tha-expected results.
Dell Inc's quarterly revenue just missed Wall Street estimates, and the world's No. 3 personal computer maker warned that full-year revenue could be hurt by an industrywide shortage of hard drives.
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Shares of Dell, the No. 2 PC maker, rose slightly Monday, ahead of the company’s third-quarter earnings report scheduled for Tuesday. Investors await news on Dell’s moves upscale as well as supply shortages caused by floods in Thailand.
The 2011 flooding in Bangkok has forced several popular tourist destinations to close, however the vast majority remain open for business.
The current economic rebound could be short-lived, given the continued strength of the yen currency, the global economic slowdown and the floods in Thailand.
Chemicals company BioAmber Inc filed with U.S. regulators to raise up to $150 million in an initial public offering of common shares.
Mizuho will cut 3,000 jobs as Japanese banks battle weak demand for credit at home and a tough global growth environment, which saw half-year profits at the lender and smaller rival Sumitomo Mitsui fall by a quarter.
Sony Corp will boost its image sensor production capacity by 50 percent within two to three years starting next spring, the company said on Monday.
Japan's economy rebounded from an earthquake-triggered recession in the third quarter by expanding 1.5 percent, a pace that is likely to slow down though as a strong yen and weak global growth darken the outlook.
Japan's economy rebounded as expected in the third quarter from a recession triggered by a devastating March earthquake on robust exports and consumption, but persistent yen strength and sluggish global growth cloud its outlook.
A sugarcane farm in the Philippines has been in James Ford's family for generations. It was the family business on his mother's side, and with the farm recently changing hands from one aunt to another, there was an opening for Ford to come and manage it.
After the announced drawdown of troops from the Middle East, the Eurozone crisis, and a G-20 summit that lacked spectacular developments, the Obama administration is hoping enhanced economic ties with the Pacific Rim will open a fruitful venue for enduring growth.
Shares of Nvidia, the PC chip graphics pioneer, appeared poised to gain at least 2 percent Friday after third-quarter earnings blew past Wall Street estimates.
Nvidia Corp's third-quarter results beat estimates as the chipmaker refocused on smartphones and tablets in a tepid personal computer market, although its revenue forecast was a bit lower than expected.
PC shipments may be crimped by as much as a fifth in the first three months of 2012, hurt by the shortage of hard disk drives after the Thailand floods, said IDC.
Shares of Nvidia, the PC chip graphics pioneer, jumped four percent after the graphics chip designer’s third-quarter earnings blew past Wall Street estimates.
Shares of Apple, the No. 1 vendor of tablets, fell as much as 3.3 percent Thursday amid concerns shortages or floods in Thailand may depress iPad2 shipments.
Tropical bacteria produces a previously-unknown toxin that shuts down its hosts years, sometimes decades, later, researchers found.
Shares of Nvidia, the PC chip graphics pioneer, were unchanged Thursday as investors awaited third-quarter earnings that may shed light on the company’s product transformation.
The flooding in Thailand highlights an even larger problem facing the nation: Bangkok is sinking.