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The company also forecast strong third quarter earnings of 31 cents to 36 cents a share on revenue of $121 million to $126 million. Analysts had expected earnings of 30 cents per share on revenue of $125 million. For the second quarter ended Oct. 31,...
Tags: maker blue, equipment maker, New York, WAN optimization, Blue Coat Systems, Business Finance, Revenue
Hewlett-Packard Co. 's $2.7 billion takeover of 3Com Corp...Com makes things like routers and switches that direct Internet and other data traffic. HP also raised its 2010 guidance and reported preliminary quarterly earnings that topped Wall Street's...
Tags: Cisco Systems Inc., Articles Hewlett-Packard Co., buy 3com, 3Com Corp., packard buy, networking equipment, equipment maker, reported preliminary, wall street, acquire 3com
Cisco, in a statement, said it had extended the acceptance period until November 18...Cisco's offer to acquire all the outstanding shares in Tandberg had been due to expire on Monday. The Tandberg board has unanimously accepted the offer but it has faced...
Tags: Cisco Systems Inc., Cisco Says Tandberg Holders, Tandberg SA, accepted period, cisco extend, offer period, U.S, networks equipment, equipment maker
Asset manager Franklin Resources Inc. said Tuesday that its third-quarter net income was $367.4 million, or $1.60 a share, compared to $300.5 million, or $1.28 a share, in the year-ago period...Analysts surveyed by FactSet Research estimated, on average,...
Tags: quarter net, 3q profit, Capella Education Co., fell short, revenues miss, EarthLink Inc., equipment maker, WMS Industries Inc., casino equipment, profit rises
Calif. — Network equipment maker QLogic Corp. said Wednesday its fiscal second-quarter profit declined as revenue fell, but the company said it is "cautiously optimistic" given signs of stability and early indicators of recovery in its business. For the...
Tags: quarter profit, Netflix, equipment maker, Emulex Corp.
Electrical equipment maker AZZ Inc posted better-than-expected quarterly results, helped by growth at its electrical and industrial products segment, and... Ford Motor Co said it expects to return to the black in 2011, as it expanded ties with the fast-growing...
Tags: loss widened, equipment maker, China, Shanghai
Sometime in the next six years, astronauts bound for the International Space Station may find themselves strapped inside a private commercial spacecraft ... Palm Inc reported a smaller-than-expected loss on strong smartphone sales, sending its shares...
Tags: Nokia Siemens Networks, maker nokia, telecom equipment, LTE, equipment maker, Germany, Ulm
RIM-T said Monday Nortel Networks Corp. had effectively prevented the BlackBerry maker from bidding for Nortel's wireless business. LTE wireless technology businesses, but was told it could be qualified only if it vowed not to submit offers for other...
Tags: Nortel Networks Corp., Nortel Government Solutions, Monday Avaya Inc., AT&T Inc., stalking horse, wireless businesses, Enterprise Solutions, blackberry maker, equipment maker, cried foul
A 37 percent decline in revenue and shrinking margins pushed Nortel Networks Corp. to a $507 million loss in the first quarter, the struggling telecom equipment maker announced Monday. More Business The Toronto-based company, which has been operating...
Tags: Nortel Networks Corp., Nortel Loss Triples, AM Nortel, equipment maker, quarter loss, bankruptcy protection, net loss, based companies
In this Feb. 12, 2009, file photo President Barack Obama speaks to Caterpillar employees about the difficult economy during his visit to the plant in East Peoria, Ill. Caterpillar Inc. employs about 112,000 people worldwide, excluding contract workers,...
Tags: Caterpillar Inc., Illinois, Georgia, Indiana, equipment maker, heavy equipment, global economic, announced nearly, largest maker, maker continues