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Marvell Slips: FYQ1 EPS Beats; Q2 View Misses By a Mile; CFO Retires

Chip maker Marvell Technology Group (MRVL) this afternoon reported fiscal Q1 revenue that was below analysts’ expectations, but profit that beat, and forecast this quarter’s results well below consensus, and said its chief financial officer, Mike Rashkin, would retire. Revenue in the three months ended in April fell 24%, year over year, to $724 million, yielding EPS of [...]

H-P's China sale should 'unlock organic growth,' says Whitman

Hewlett-Packard ushered in sweeping changes to its China operations on Thursday, ahead of quarterly financial results that were mostly in line with forecasts.        

H-P earnings top forecasts; sells stake in China operation

Hewlett-Packard ushered in sweeping changes to its China operations on Thursday, ahead of quarterly financial results that were mostly in line with forecasts.        

Lenovo posts strong quarterly results, becomes third largest smartphone vendor in the world

Lenovo announced its earnings figures for the financial year 2014-2015, with the world's third-largest smartphone manufacturer boasting increased revenue and sales figures. In the three months ending March 2015, which Lenovo described...Show More Summary

‘Africa loses billions to illicit financial outflows’

Thabo Mbeki has lifted the lid on the high price that African countries pay as a result of collusion and corruption. ||| Johannesburg - Africa loses $50-billion a year due to illicit financial outflows from the continent, former South...Show More Summary

Lenovo Delivers Solid Financial Results, Thanks To PC business Delivering Strong Profit Growth

Lenovo Group today announced results for its fourth fiscal quarter and full-year ended March 31, 2015. Revenue was at US$11.3 billion, up 21 percent year-over-year.   In the PC Group or PCG, which includes PCs and Windows tablets, Lenovo’s quarterly sales were US$7.2 billion, with pre-tax income of US$391 million, up 11 percent year-over-year. Pre-tax […]

Despite Dangers, University Provides Free Tanning After $3 Million Deal

4 days agoNews : Huffington Post

In 2008, Sun Tan City, a chain of tanning salons based out of Elizabethtown, Ky., gave $3 million to the University of Louisville for the expansion of Papa John's Cardinal Stadium. As a result of the financial support bestowed upon the...Show More Summary

Leju and EHouse Shares Down Follow CLSA Downgrade

CLSA (Credit Lyonnais Securities Asia) has downgrades Leju from a Buy to an Underperform rating. This follows the less than stella financial results posted yesterday.

Lowe’s Earning Preview: Q1 May Not Meet Expectations As U.S. Economy Slackens

Lowe’s, America’s second largest home improvement retailer after Home Depot, is scheduled to announce its fiscal first quarter financial results on May 20. In the past year, the stock price climbed over 60% to register a 52-week high of $75.61 in March. In 2014, net sales grew 5.3% year-on-year to reach $56.2 billion, driven by […]

Why Shredded Wheat Is The Most Hated Brand On Social Media

Brands and companies have begun a social media war. It is a battle to get the most likes, the most interactions and hopefully, the most positive feedback. This online interaction could result in huge financial gains for these companies. According to CNBC, a new study is taking a look at who’s winning and who’s losing. […]

WTF Chart of The Day: China Suspends Chinese Lottery Firm, CEO Resigns; Stocks Rallies 25%

Full PR Statement: 500.com Limited (WBAI) ("500.com" or the "Company"), a leading online sports lottery service provider in China, today reported its unaudited financial results for the first quarter of 2015. Temporary Suspension ofShow More Summary

E-House Reports First Quarter 2015 Results

E-House has released its Q1 2015 financial results. Revenue was up 4% year on year to USD 169m for the quarter while the loss from operations was USD 36.6m. USD 93.4m of its revenues came from its 70% stake in Leju Holdings which it spun out in late 2014.

Leju Reports First Quarter 2015 Results

LejuLeju Holdings has released it Q1 financial results delivering USD 93.4m in revenues (a 19% year on year growth) and an operational loss of USD 7.5m. The revenue growth was completely driven by the growth in e-commerce revenues - ie commission on the sale of property. E-commerce revenues increased 35% year on year to USD 67.1m.

Vodafone shares financial results for Q4 2014, returning to quarterly growth

Vodafone today published the company's earnings for Q4 2014, ending the financial year for the UK-based global network operator. The company has reported a return to growth as it started reaping the benefits of 4G network investment....Show More Summary

Leading Financial Pros Swear These Top Notch Investing Books Will Make You A Better Investor

A search for investing books on Amazon (AMZN) brings up more than 12,000 results. To help you focus on the best for your summer reading list, we asked leading financial services providers to share their favorite investing books. They swear these top notch books will make you a better investor. 1. [...]

Kohler Quizzes: Bulletproof

Alan Kohler speaks to Bulletproof CEO Anthony Woodward about the group's recent acquisition and financial results.

Zillow Reports Q1 2015 Consolidated Results – Reaffirms Full-Year 2015 Outlook

Zillow Group has announced its pro forma and consolidated financial results for the quarter ended March 31, 2015.

Nintendo Refuses to Go the Typical F2P Route, But What if the Revenue Refuses to Flow?

In a meeting with investors during a Financial Results Briefing, Nintendo's president, Satoru Iwata, provided a glimpse into how his company is considering monetizing its upcoming mobile games, and it all sounded like good news to those afraid that Clash of Mario was going to be popping up on the App Store soon. Itawa was constantly

Manchester United Financial Figures: Ed Woodward Comments on Latest Results

Manchester United's club debt has risen by 12 percent, as announced in the side's quarterly financial results on Thursday. Rob Harris of the Associated Press reports that United have also suffered a notable pretax loss in Q3: The Red...Show More Summary

Cisco’s Chambers says threat from Facebook and VMWare software-defined networks is ‘garbage’

Outgoing Cisco CEO John Chambers was not mincing words after his company reported surprisingly strong financial results Wednesday. He said the “software defined network” approaches now being used by companies like Facebook and VMWare are not a threat to Cisco or its current 61 percent profit margins. Software-defined networks (SDN) are managed by light-weight software […]

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