Archive for 'Business News'
Earnings take-away: Microsoft is still powered by Windows
Microsoft’s brass is always looking for the next billion dollar business and has stuck a toe into everything from healthcare to energy monitoring. But as the company’s second quarter earnings for fiscal 2010, which Microsoft released on January 28, show, Windows is still the big wheel that keeps on turning in Redmond.
Consumer sales of Windows [...]
Microsoft and Hewlett-Packard Deal: The Cloud is not Cheap
You’re hard pressed to find any sector of the tech economy that is getting more financing than cloud computing. Today’s announcement by Hewlett-Packard and Microsoft is a good example.
Full StoryAlcoa Drops After Quarterly Earnings Trail Estimates
Alcoa Inc., the largest U.S. aluminum producer, posted quarterly earnings that trailed estimates as the company conducted a higher number of metals trades that boosted revenue while carrying no profit. The shares fell as much as 4.9 percent in Frankfurt trading.
Profit excluding certain items was 1 cent a share in the fourth quarter, trailing the [...]
