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ECN Daily 4Q rises, beating estimates

February 11, 2010 5:01 pm | by The Associated Press | News | Comments Inc., which allows consumers to print postage approved by the U.S. government from their computer, said Thursday its fourth-quarter net profit rose 36 percent although revenue fell.Net income in the three months to Dec. 31 came to $2.2 million, or 14 cents per share, from $1.6...

Softchoice reports Q4 profit of US$7.1 million, sales down from year ago

February 11, 2010 4:01 pm | by The Associated Press | News | Comments

Softchoice Corp. (TSX:SO) , which keeps its books in U.S. dollars, said Thursday it earned US$7.1 million or 39 cents per share for the quarter ended Dec. 31 compared with a loss of $21.9 million or $1.25 per share for the same period a year earlier. During the quarter, Softchoice reported...

- Continued debt reduction finishing quarter with a net cash position of $1.8 million

February 11, 2010 3:01 pm | by The Associated Press | News | Comments

Softchoice Corporation (TSX: SO), a leading North American provider of IT solutions and services, today reported financial results for the fourth quarter and fiscal year of 2009.For the three-month period ended December 31st, 2009, Softchoice reported net earnings of US$7.1 million or US$0.39 per...


Epicor Software posts higher 4Q earnings

February 11, 2010 3:01 pm | by The Associated Press | News | Comments

Business software company Epicor Software Corp. said Thursday its fourth-quarter profit soared on a jump in software license revenues and a decline in operating costs.Earnings were $6.7 million, or 11 cents a share, in the three months ended Dec. 31. That compares with a profit of $1.5 million,...

Communications co. Syniverse's 4Q profit up 6 pct

February 11, 2010 2:01 pm | by The Associated Press | News | Comments

Syniverse Holdings Inc.'s profit jumped 6 percent in the fourth quarter as revenue jumped 14 percent at the mobile-communications company.David Hitchcock, the company's chief financial officer, said in a statement that controlling costs was a key to improving its profit as its yearlong profit...

Correction: Blackbaud earnings

February 11, 2010 1:01 pm | by The Associated Press | News | Comments

In a story Feb. 4 about Blackbaud Inc.'s fourth-quarter financial results, The Associated Press reported erroneously analyst estimates for the quarter. Analysts expected profit of 24 cents per share, excluding items, not 27 cents per share, and they expected revenue of $78.7 million, not $85.2...

McAfee profit jumps 20 pct, CFO to retire

February 11, 2010 1:01 pm | by The Associated Press | News | Comments

McAfee Inc.'s profit jumped 20 percent in the fourth quarter in part on bigger sales to corporations by the security software maker. The profit matched Wall Street's projections, while sales topped them.The company also said Rocky Pimentel, its chief financial officer, will retire this year,...

Over 60% of Internet-connected Mobile Devices Sold Will be Through Carrier Channels by 2013

February 11, 2010 12:55 pm | by In-Stat | News | Comments

Carriers are becoming a significant channel for all Internet-connected mobile devices, including netbooks and mobile PCs, because of the revenue potential of the associated services


Leadership changes continue at Germany's SAP

February 11, 2010 12:01 pm | by The Associated Press | News | Comments

Less than a week after the surprise resignation of its CEO, German software maker SAP AG said board member John Schwarz had resigned.The company on Thursday also named a new chief operating officer.The changes in leadership were announced by the newly installed co-CEOs, who took over after CEO...

Scientists find clue to anxiety drug addiction

February 11, 2010 11:55 am | News | Comments

Valium-like drugs use the same potentially addictive "reward pathways" in the brain as heroin and cannabis, scientists said on Wednesday, findings which may help in the search for non-addictive alternative anxiety drugs.

Yale Scientists Synthesize Unique Family of Anti-Cancer Compounds

February 11, 2010 11:54 am | by Yale University | News | Comments

Yale University scientists have streamlined the process for synthesizing a family of compounds with the potential to kill cancer and other diseased cells, and have found that they represent a unique category of anti-cancer agents. Their discovery appears in this week’s online...

Toy makers look to tech, green materials for 2010

February 11, 2010 11:53 am | News | Comments

From Mattel's "Puppy Tweets" linking pets to a Twitter feed to biodegradable nursery toys, toy makers are focusing on fun technology and green materials to win sales in 2010. The top U.S. toy fair kicks off in New York on Sunday, with an eye to selling retailers on the best playthings for the year.

Opening ceremony secrecy breached by iPhone sneak peeks

February 11, 2010 11:51 am | News | Comments

The traditional shroud of secrecy around Olympic opening ceremonies has some gaping holes in this age of digital downloads and social networking. The 2010 Winter Games open on Friday night in Vancouver's BC Place arena, the first ever indoor opening ceremony in the history of Winter Olympics...


Google buys ask-your-friends site Aardvark

February 11, 2010 11:49 am | News | Comments

Google Inc. has bought Aardvark, a free question-and-answer Web service. Aardvark co-founder Damon Horowitz confirmed the purchase Thursday. He would not disclose financial details.

Irish domain name company buys `.mobi' suffix

February 11, 2010 11:47 am | News | Comments

An Irish company is buying a venture that was founded by leading technology and wireless companies and operates the ".mobi" Internet domain for mobile Web sites. The company - Afilias - already owns ".info" and had been running ".mobi" and others under contract.


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