Interactive Data revenue rises 19 percent
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YESTERDAY Close $24.48 Change +$0.56 52-WEEK High $24.48 Low $18.32 Interactive Data Corp., a Bedford provider of market data and related services to financial institutions and traders, said fourth-quarter profit edged up about 1 percent on higher revenue.
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The network equipment maker reported that its quarterly net income grew 7.2 percent amid growing concern that economic weakness could affect technology spending.
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Online holiday spending for the first two days of this week increased 29% over the same two last year, according to comScore Inc.
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The Coca-Cola Co., the world's largest beverage maker, posted a 1 percent rise in net income in the second-quarter on a solid 19 percent gain in sales.
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HPâs first-quarter net income grew 38 percent to $2.1 billion, as revenue climbed 13 percent to $28.5 billion, beating the muted expectations of Wall Street analysts.
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SAN FRANCISCO (CBS.MW) -- Microsoft said Thursday that its fiscal first-quarter net income rose 11 percent from a year earlier as client software sales, server revenue and Xbox sales all rose.
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A preliminary accounting of efforts by the Department of Health and Human Services shows that the agency has about 19 major health information technology initiatives, totaling about $228 million.
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Company has brought in hundreds of millions of dollars in consulting revenue related to Microsoft's .Net software in the past two years.
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Interbrew said its first-half profit rose 19.9 percent and maintained its 2004 full-year targets, saying the diversity of its beer brands around the world helped smooth out bumpy markets.
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TechWeb - The provider of on-demand enterprise-resource planning software has posted strong revenue growth, but until last year sales and marketing costs always exceeded revenue.
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Department store operator Kohl&#39;s Corp. said Thursday that its profit grew 19 percent in the fiscal third quarter as new stores boosted revenue.
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The sale of shares by the Industrial and Commercial Bank of China as part of an I.P.O. could set a record by raising a project $19 billion.
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Global sales of servers, powerful computers used by large companies, rose 7.7 percent in the second quarter to $11.55 billion (6.4 billion pounds) as demand for information technology remained strong after a three-year downturn
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Adobe Systems Inc.'s income rose 62 percent in its latest quarter on stronger-than-anticipated revenue growth.
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Second-quarter earnings at International Business Machines Corp. rose 12 percent and beat Wall Street forecasts Wednesday, largely on the strength of IBM's software division and improvement in its services unit.
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Global revenue from server sales climbed to $11.5 billion in the second quarter, according to new data from Gartner. This represents a 7.7 percent revenue increase over the same period last year, the market researcher said Wednesday.
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Companies' desire to squeeze more out of storage gear pushes storage software revenue to a 17 percent rise over last year, IDC says.