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Union entanglement slows Whole Foods project

2013-01-30 23:39:48| Grocery - Topix.net

A $60 million project for a Whole Foods Market and apartments in the Central West End of St.

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VMware to cut 900 jobs in 'realignment' as growth slows

2013-01-29 13:15:46| InfoWorld: Top News

VMware said Monday it will cut 900 jobs in a move to focus more on high potential businesses, as profits remained strong but growth slowed. The company said the job cuts, revealed as part of its earnings release for last year, will come in areas such as SlideRocket, its online presentation software. VMware emphasized that it was still expanding, and said it planned to add a net 1,000 jobs in 2013.

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VMware to cut 900 jobs as revenue growth slows

2013-01-29 01:00:00| Total Telecom industry news

Q4 earnings top expectations but US bookings fall short.

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Tight inventory slows US pending home sales

2013-01-28 18:53:11| Real Estate - Topix.net

Sales were held back by a limited supply of available homes. The National Association of Realtors said Monday that its seasonally adjusted index for pending home sales dropped 4.3 percent in December from November to 101.7. That's still 6.9 percent higher than a year ago.

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Apple quarterly profits flat, sales growth slows

2013-01-24 08:28:00| Telecompaper Headlines

(Telecompaper) Apple posted record quarterly revenue for the first quarter of fiscal 2013, ended 29 December 2012, totalling USD 54.5 billion, up from USD 46.3 billion year-over-year. The gross margin was 38.6 percent, down from 44.7 percent. Net profit for the quarter was USD 13.1 billion or USD 13.81 per diluted share, little changed from USD 13.1 billion or USD 13.87 per share a year ago. The results were ahead of Apple's earlier guidance for sales of USD 52 billion and EPS of USD 11.75. The company sold a record 47.8 million iPhones in the three months, up from 37 million a year earlier, and 22.9 million iPads, up from 15.4 million the prior year.

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