features   copy link for RSS feed
Amazon's Q1 2014 Earnings Hint At Streaming TV Services As Key Element By Grab Media, a blinkx company Earlier today, Amazon revealed its 2014 first quarter earnings in a conference call, and the news for investors was quite good. Analysts had predicted revenue of $19.4 billion, however Amazon reported that revenue went beyond that to $19.74 billion. That figure is up 23% over last years $16.1 billion. Profits were $108 million, which translates to a dividend of $0.23 per share. video streaming service more of a priority as of late. ...Read More »
Starbucks Eyes US Expansion As Sales Climb By Grab Media, a blinkx company Starbucks keeps finding ways to squeeze more money out of people. The Seattle-based chain reported a stronger quarterly profit Thursday as global sales at established locations rose 6 percent, including in its flagship U.S. market. Operating margin improved as a result of lower costs for ingredients, and the company raised its profit outlook for the year. CEO Howard Schultz also noted in a conference call that there's plenty of runway for the company to open more stores, even in the U.S. ...Read More »
Old guard techs earnings beats By Grab Media, a blinkx company Summary: Both Amazon and Microsoft earnings beat forecasts, Markets modest gains; GM profits plummet; Zimmer buying Biomet; Jobless claims rise. Bobbi Rebell reports. ...Read More »
Recall hasn't hurt GM sales - CEO By Grab Media, a blinkx company General Motors CEO Mary Barra says the massive recall hasn't hurt sales of GM vehicles. But costs from the recall slammed its profit. Fred Katayama reports. ...Read More »
Demand For Its Cars Helping GM Rebound From Black Eye Of Recalls By Grab Media, a blinkx company A billion here, a billion there and, sooner or later, it adds up to real money, according to an adage once popular in Washington, and something that General Motors shouldnt ignore after its poor first-quarter earnings report, a net profit of barely $125 million. Writing off a whopping $1.3 billion to cover a flood of recalls during the January to March quarter nearly ended the long string of profits the automaker has posted since shortly after emerging from bankruptcy in mid-2009. And by most estimates, GM will likely be spending a lot more before it can put behind it the scandal triggered by the delayed recall of 2.6 million vehicles for defective ignition switches. ...Read More »
Video: Microsoft Earnings Beat Street Expectations By Clip Syndicate Microsoft Corp. posted flat revenue and a decline in net income for the January-March quarter. Revenue gains from its Windows operating system and cloud computing services like Azure were offset by the lack of special upgrade offer revenues from a year ago. The results beat analyst expectations and the company's shares rose $1.01, or 2.5 percent, to $40.87 in after-hours trading. Net income in the quarter through March 31 came to $5.66 billion, or 68 cents per share, down from $6.06 billion, or 72 cents per share, in the same period a year ago. ...Read More »
Video: Microsoft Earnings Beat Street Expectations By Clip Syndicate Microsoft Corp. posted flat revenue and a decline in net income for the January-March quarter. Revenue gains from its Windows operating system and cloud computing services like Azure were offset by the lack of special upgrade offer revenues from a year ago. The results beat analyst expectations and the company's shares rose $1.01, or 2.5 percent, to $40.87 in after-hours trading. Net income in the quarter through March 31 came to $5.66 billion, or 68 cents per share, down from $6.06 billion, or 72 cents per share, in the same period a year ago. ...Read More »
Microsoft Wins In The Cloud, Suffers On PCs In New CEO's First Quarter By Grab Media, a blinkx company New Microsoft CEO Satya Nadella has a big turnaround to manage. One one hand, Microsofts third quarter earnings beat Wall Street estimates: earnings per share registered at $0.68 vs. $0.63 estimated, and revenue hit $20.4 billion vs. $20.39 billion estimated. But those numbers represent a decline from a year ago. Sales fell 0.4%, while profit declined 6.5%. What growth there was came from cloud services, like Office 365, where revenue grew over 100%, and Azure, which grew more than 150%. ...Read More »
UPS Ratifies New Five-year Labor Agreement By Grab Media, a blinkx company UPS, the world's biggest courier company, said on Thursday it ratified a five-year contract with higher wages and benefits for 125,000 unionized employees represented by the International Brotherhood of Teamsters. The company said it expected to take a pre-tax charge of about $1.05 billion in the second quarter due to the health and welfare changes in the newly-ratified plan. The company reported a 12 percent fall in first-quarter profit earlier on Thursday. ...Read More »
FCC Maintains Its Not Abandoning Net Neutrality By Grab Media, a blinkx company April 24 (Bloomberg) - Bloombergs Peter Cook discusses an FCC plan that could allow broadband companies to charge for faster service. He speaks with Emily Chang on Bloomberg Televisions Bloomberg West. (Source: Bloomberg) ...Read More »

@ Copyright, 2014 Digital Media Online, All Rights Reserved

Webmaster
Privacy.