RIM reports Q1 fiscal results, job cuts and product delays lay ahead
RIM announced its Q1 results for the fiscal 2013 today. The Canadian maker of everything BlackBerry reported a net loss of $518 million on $2.8 billion of revenue. The latter is down 33%, compared to the previous quarter, while the net loss is significantly larger than the analysts' estimates. The company has shipped 7.8 million BlackBerry smartphones (down from more than 11 million in the... full story
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Limited Brand Sales Get A Lift Despite Slower Holiday Spending
Quick Take Limited Brands reports steady Q4 results with 5% comparable sales growth New product launches and strong brand helped Q4 results, offsetting the impact of a weak holiday season Victoria’s Secret and Bath & Body Works registered comparable sales growth of 3% and 7% respectively New product launches are likely to help the retailer in the on-going quarter Limited...
forbes.com (2 months and 15 days ago)
Video: Flight delays in largest airports
The nation's larger airports are seeing flight delays and more are likely on the way. The FAA says fewer air traffic controllers are on the job because of the automatic budget cuts lawmakers let take effect March 1. Danielle Nottingham reports.
cbsnews.com (23 days ago)
IDT Reports Q4 and Fiscal Year End 2013 Financial Results
Filed under: Investing IDT Reports Q4 and Fiscal Year End 2013 Financial Results Q4 Revenue of $108.5 Million, FY13 Revenue of $487.2 Million New Product Revenue up 6 Percent Q/Q & up 56 Percent Y/Y SAN JOSE, Calif.--(BUSINESS WIRE)-- Integrated Device Technology, Inc. (IDT® or the Company) (NAS: IDTI) , the Analog and Digital Company™ delivering essential...
dailyfinance.com (18 days ago)
Surprise! BlackBerry Sold 1 Million New Phones
TORONTO (AP) — Research In Motion Ltd. said Thursday that it sold about 1 million of its critically important new BlackBerry 10 devices and surprised Wall Street by returning to profitability in the most recent quarter. The earnings provide a first glimpse of how RIM's new touch-screen BlackBerry Z10 is selling internationally and in Canada since its debut Jan. 31. The 1...
huffingtonpost.com (1 month and 20 days ago)
RIM Targets Emerging Markets
BlackBerry maker Research In Motion said it's planning to roll out a new phone that will target customers in the developing world-the first new product RIM is debuting following the launch of its all-touch Z10 and its keyboard-equipped Q10.
wsj.com (4 days ago)
Target Reports Weak Q4 Results But Better Times Are Ahead
Target's recently reported Q4 fiscal 2012 results reflected slow growth. The comparable store sales increased by just 0.4% due to lower than expected store traffic, unsuccessful Neiman Marcus collection and the weak holiday season in the U.S. However, some positive trends exist that can help the retailer do better in the future.
forbes.com (2 months and 19 days ago)
Delays Ahead At O'Hare, Midway As Sequester Furloughs Begin
Significant delays are being anticipated at Chicago's two major airports after sequestration-related furloughs went into effect nationwide Sunday. The furloughs for air traffic controllers because of government spending cuts were already causing delays beginning Sunday evening at some of the nation's airports, most notably in New York and Los Angeles. In Chicago, flights...
huffingtonpost.com (25 days ago)
Farmington hospital to lay off up to 40
FARMINGTON, Maine — Franklin Memorial Hospital will lay off as many as 40 people, according to hospital president and CEO Rebecca Ryder. The Morning Sentinel reports that Ryder talked about the cuts this morning during one of two talks she is having with community leaders Wednesday. Ryder said the cuts ...
bangordailynews.com (2 months and 28 days ago)
Yonkers budget would raise taxes $142; no job cuts
An average city homeowner's tax bill would go up $142 under a mayoral budget that avoids job cuts and restores some services in the fiscal year beginning July 1.
lohud.com (1 month and 1 day ago)
RIM Sells 1M BlackBerry 10s, Surprise 4Q Profit
TORONTO — Research In Motion Ltd. said Thursday that it sold about 1 million phones running its new BlackBerry 10 system. It also surprised Wall Street by returning to profitability in the most recent quarter. The earnings provide a first glimpse of how the BlackBerry 10 system, widely seen as crucial to the company’s future, is selling internationally and in Canada since...
time.com (1 month and 20 days ago)
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