Recent Articles
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Nvidia Results Top Street Estimate
SAN FRANCISCO, Nov 6 (Reuters) – Graphics chipmaker Nvidia Corp (NVDA) reported quarterly results on Thursday that topped Wall Street’s estimate, as the company held the line on expenses while sales fell, and shares surged 12 percent. Nvidia said its fiscal third-quarter net earnings for the quarter ended Oct. 26 came in at $61.7 million,…
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Top China PC Maker Lenovo’s Q2 Plunges 78%
By Joseph Chaney HONG KONG (Reuters) – China’s Lenovo Group Ltd (0992.HK), the world’ No. 4 PC maker, posted a 78 percent plunge in quarterly earnings on slower shipments and lower margins, as the global financial crisis crimps appetite for technology products. But analysts say China’s top computer maker, which competes with Hewlett-Packard (HPQ), Dell…
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Cisco CEO Says Now’s the Time to Buy Small Companies
NEW YORK (Reuters) – Cisco Systems Inc (CSCO) Chief Executive John Chambers said it was a good time to acquire small companies, although an uncertain economy meant it was important to maintain a strong cash position. "Cash is king and queen and the royal family," he told Reuters in an interview on Wednesday, but added…
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HoundDog Helps Solution Providers Bark up the Right Tree
HoundDog Technology is aiming to become the solution provider’s best friend by offering inexpensive remote monitoring and management tools and incentives to bring more solution providers into the den. The company announced Nov. 6 a new referral (or "Rufferral," in HoundDog parlance) program that offers participating solution providers 20 percent of first-year HoundDog revenues of…
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Cisco Sees Revenue Falling as Economic Woes Spread
By Ritsuko Ando NEW YORK (Reuters) – Cisco Systems Inc (CSCO) Chief Executive John Chambers warned that revenue could fall as much as 10 percent in the current quarter as an economic downturn spreads from the United States to Europe and Asia. The company’s shares fell 6 percent after Chambers’s cautious outlook for the impact…
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BMC Chief: Time to Redesign, Automate IT
Financial markets continue to slide, forcing enterprises and small businesses alike to cut spending and lay off even mission-critical employees. Although unfortunate, this is looking like a good trend for vendors and resellers specializing in business service management and automation tools. BMC Software, a leader in BSM software and methodologies, reported Oct. 30 that its…
