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IT services provider Cognizant's revenue rises 12 pct
2014-11-05 15:20:03| IT Services - Topix.net
IT services provider Cognizant Technology Solutions Corp reported a 12 percent rise in quarterly revenue due to higher spending by customers in North America and Europe. The company's net income rose to $355.6 million, or 58 cents per share, in the third quarter ended Sept.
Tags: services
provider
revenue
rises
UPDATE 1-SoftBank cuts FY profit target on Sprint woes; Q2 profit down 23 pct
2014-11-04 12:30:45| Telecom - Topix.net
SoftBank Corp, the Japanese mobile carrier with ambitious plans to grow overseas, slashed its profit forecast as Sprint Corp, the U.S. carrier it bought for $21.6 billion, continues to lose customers with no quick fix in sight. In a statement on Tuesday, SoftBank said it now expects an operating profit of 900 billion yen in the 12 months through March 2015, 10 percent down from the 1 trillion yen profit it previously estimated, citing Sprint's troubles.
Tags: update
target
profit
cuts
UPDATE 1-SoftBank cuts FY profit target on Sprint woes; Q2 profit down 23 pct
2014-11-04 11:54:11| IT Services - Topix.net
SoftBank Corp, the Japanese mobile carrier with ambitious plans to grow overseas, slashed its profit forecast as Sprint Corp, the U.S. carrier it bought for $21.6 billion, continues to lose customers with no quick fix in sight. In a statement on Tuesday, SoftBank said it now expects an operating profit of 900 billion yen in the 12 months through March 2015, 10 percent down from the 1 trillion yen profit it previously estimated, citing Sprint's troubles.
Tags: update
target
profit
cuts
Nissan sales rise more than 13 pct. as low gas prices and consumer confidence drive increase
2014-11-04 06:48:55| Auto Dealers - Topix.net
Nissan's U.S. sales rose more than 13 per cent in October, a sign that auto sales continue to be strong. The Japanese automaker said its Nissan and Infiniti brands sold just over 113,000 cars and trucks last month.
Tags: low
sales
increase
prices
Sprint cutting 2K more jobs, reducing staff 5 pct
2014-11-04 00:06:11| Telecom - Topix.net
Wireless carrier Sprint says it is eliminating 2,000 jobs, or about 5 percent of its staff, as part of an effort to cut $1.5 billion in annual spending. The company said the cuts will be made over the coming weeks and months, and it is still determining how many jobs will be cut from various divisions.
Tags: jobs
staff
cutting
reducing
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