HP surprises Wall Street with size of EDS job cuts
September 16, 2008
When Hewlett-Packard Co. announced five months ago it was acquiring technology-services firm Electronic Data Systems Corp., Wall Street expected big layoffs from the combined company.
News Corporation’s first-quarter profits down 30% after drop in television advertising revenue
News Corporation, parent company of The Times, reported a 30 per cent drop in first-quarter profits, as falling revenues from television advertising and declining film studio sales hit the bottom line.
Transurban toll revenue jumps
Toll road operator Transurban has reported an increase in annual revenue from tolls and fees on its roads in Australia and the United States, helped by higher traffic volumes and toll increases.
Telstra jumps Optus in mobile revenue
Telstra Corp Ltd's mobile phone revenue has surged, extending Australia's biggest telecommunications company's lead over rival Optus in the segment.
Tolls boost Transurban revenue
Transurban reports an increase in annual revenue from tolls and fees on its roads in Australia and the US.
Telstra make $24.8b in sales revenue
Telstra's profit grew 13.3 per cent in the year to June 30, on a jump in mobile phone revenue as customers took up services with the Next G network.
Woodside revenue surges
Woodside posts a 52% jump in second quarter revenue, after production rises and crude oil prices soar.
Woodside Q2 revenue up 52%
Woodside Petroleum Ltd has posted a 52 per cent jump in second quarter sales revenue, after production rose and the price of crude oil soared.
Foxtel posts 17% lift in revenue
Pay TV provider Foxtel posted a 17 per cent lift in revenue to $1.7 billion in 2007/08 after steady growth in subscriber numbers.
Google grows profit and revenue in Q1 (InfoWorld)
InfoWorld - Google posted solid growth in its revenue and profit during 2008's first quarter and exceeded Wall Street expectations in both categories amid widespread concern that the search engine giant's results would be weak.
Palm swings to 4th-quarter loss from year-ago profit as revenue tumbles, missing expectations
Treo and Centro smart phone maker Palm Inc. said Thursday it swung to a loss in its fiscal fourth quarter as its revenue declined sharply and fell below Wall Street expectations.
Heineken loses fizz through S&N...
Heineken, the giant Dutch brewer which recently bought out Scottish &
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£10 billion acquisition had been...
Qantas passenger revenues up 4.3%
Qantas says its May group passenger numbers increased by 3.9 per cent over the previous year.
Santos swells revenue even as...
THE recent blast at the Varanus Island gas facility, coupled with the sale of a 40 per cent stake in a planned LNG project, will continue to drag down Santos' production this...
Weather dampens tollway traffic revenue
Transurban and Macquarie Infrastructure's quarterly traffic revenues have taken a hit from the Easter holiday period.
Transurban tolls and fees pay off
Toll road operator Transurban Group has reported an increase in annual revenue from tolls and fees on its roads in Australia and the United States.
Kelly's big gamble on debt
She is touting it as a revenue-driven acquisition but the guts of Gail Kelly's tilt at St George must be reducing competition and cutting costs.
Palm swings to 4Q loss as revenue tumbles (AP)
AP - Treo and Centro smart phone maker Palm Inc. said Thursday it swung to a loss in its fiscal fourth quarter as its revenue declined sharply and fell below Wall Street expectations.
Palm swings to 4Q loss as revenue tumbles
Treo and Centro smart phone maker Palm Inc. said Thursday it swung to a loss in its fiscal fourth quarter as its revenue declined sharply and fell below Wall Street expectations.
US advertising slowdown looms over...
LOS ANGELES — Earnings reports from three major media companies — CBS Corp., The Walt Disney Co. and Viacom Inc. — this week show the malaise in local ad markets beginning...
US advertising slowdown looms over...
LOS ANGELES — Earnings reports from three major media companies — CBS Corp., The Walt Disney Co. and Viacom Inc. — this week show the malaise in local ad markets beginning...
Melbourne IT on track for profit growth
Online services provider Melbourne IT Ltd says it is on track to deliver growth in revenue and profit, after booking a 20 per cent lift in half year profit.
08/19/08
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