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Nintendo chief rules out Wii price cut for now

October 28, 2010 9:20 pm | by The Associated Press | Comments

Nintendo's president said efforts to boost Wii sales ahead of Christmas will focus on limited deals in cooperation with retailers and special packages that add game software or other products to give buyers a feeling of a discount - not an outright price cut....

Strength of Inkjet Printer Sales Narrows Kodak’s Loss

October 28, 2010 8:26 pm | by New York Times | Comments

The company faced pricing pressures in the low-end digital camera business, competition from Hewlett-Packard and a slump in movie-film revenue, analysts said.

Cerner reports higher 3Q profit

October 28, 2010 5:06 pm | by The Associated Press | Comments

Health care information technology provider Cerner Corp. said Thursday its profit increased in the third quarter amid higher bookings and revenue.The company reported net income of $60.9 million, or 71 cents a share, for the quarter ended Oct. 2. That compares with net income of $48.4 million,...


VeriSign 3Q profit helped by gain from unit sale

October 28, 2010 5:06 pm | by The Associated Press | Comments

Internet technology company VeriSign Inc. on Thursday reported its third-quarter profit climbed, boosted by a large gain from the sale of its security business to computer security company Symantec Inc.For the July-September quarter, VeriSign earned $784.9 million, or $4.48 per share, compared...

Samsung's 3rd-quarter net profit rises 17 percent

October 28, 2010 5:05 pm | by The Associated Press | Comments

Samsung Electronics says net profit rose 17 percent in the third quarter amid strength in its semiconductor and mobile phone businesses.The company said Friday in a regulatory filing and statement that it earned 4.46 trillion won ($3.97 billion) in the three months ended Sept. 30. It had net...

Historic gift will advance sustainability research

October 28, 2010 4:23 pm | by Cornell University | Comments

David R. Atkinson '60 and his wife, Patricia Atkinson, have committed $80 million to provide a permanent center on campus that will position Cornell to be a global leader in sustainability.

Scientific Games hit by lottery woes in 3rd qtr

October 28, 2010 3:05 pm | by The Associated Press | Comments

Scientific Games Corp.'s net income dropped 56 percent as the maker of scratch-and-win tickets and computing infrastructure for lotteries fell victim to contract losses and a shift toward some of its least-moneymaking products.The New York company blamed smaller jackpots as one reason why...

Digi International Reports Revenue Increases for Fourth Fiscal Quarter and Full Year 2010 of 18.1% and 10%, Respectively, Compared to Fourth Fiscal Quarter and Full Year 2009

October 28, 2010 2:20 pm | by Digi International | Comments

Meets Street EPS Consensus Estimates for Fourth Fiscal Quarter and Full Year 2010


Microsoft earnings rise with business spending

October 28, 2010 2:20 pm | by The Associated Press | Comments

A swell of spending by businesses on new computers, software and servers helped push Microsoft Corp.'s earnings for the most recent quarter past Wall Street's expectations....

BMC fiscal 2Q results beat analyst views

October 28, 2010 2:06 pm | by The Associated Press | Comments

BMC Software Inc. posted a 40 percent increase in fiscal second-quarter earnings on Thursday, which beat analyst estimates.The business software provider also raised its profit expectations for the rest of the fiscal year.Shares jumped $2.03, or 4.6 percent, to $46 in after-hours trading.For...

Acme Packet 3Q profit nearly triples

October 28, 2010 2:05 pm | by The Associated Press | Comments

Acme Packet Inc. said Thursday that its third-quarter profit nearly tripled as sales of its communications equipment grew.The company, whose results came in ahead of analyst estimates, also raised its forecast for the rest of the year. However, the upside seemed not to excite investors, who...

ST Appointments New Chief Operating Officer; Reports 2010 Third Quarter & Nine Month Financial Results

October 28, 2010 1:21 pm | by | Comments

STMicroelectronics announced the appointment of a new Chief Operating Officer. Alain Dutheil, who has held the position of ST’s COO since 2005, has decided to retire following 27 years with the company. Alain...


TI Reports Financial Results for Third Quarter 2010

October 28, 2010 1:21 pm | by | Comments

Texas Instruments Inc. (TI) announced third-quarter revenue of $3.74 billion, net income of $859 million and earnings per share of 71 cents. "Our strong performance was driven by growth in all of our segments,"...


AnalogicTech Reports Financial Results for the Third Quarter 2010

October 28, 2010 1:20 pm | by | Comments

Advanced Analogic Technologies, Inc. (AnalogicTech) reported financial results for the third quarter ended September 30, 2010. Net revenue for the third quarter of 2010 was $25.0 million, a decrease of 4.4% over net revenue...


Microsoft fiscal 1Q net income rises 51 percent

October 28, 2010 1:05 pm | by JESSICA MINTZ - AP Technology Writer - Associated Press | Comments

Microsoft Corp. said Thursday that its net income in the latest quarter rose 51 percent, boosted by higher sales of Windows and Office software to businesses.In last year's quarter, Microsoft deferred some revenue from Windows sales. Had it not done so, net income would have been only 16...


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