Computer Task Group's Profits Increased 57 Percent in Quarter ; Firm is Expanding Its Stock Buy-Back Program
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By Fred O. Williams  Lucrative technology projects and lower employee benefit costs helped Computer Task Group Inc. lift its fourth-quarter profits to $1.1 million, up 57 percent from a year ago.  Sales for the quarter were about level with last year, at $78 million.
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OCTOBER 21, 2004 (IDG NEWS SERVICE) - Computer Associates International Inc. yesterday reported a 6% increase in revenue during its second fiscal quarter but posted a $94 million loss after paying to settle government investigations into the company.
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Microsoft Corp., the world&#39;s largest software maker, said first-quarter profit rose 11 percent as sales of Windows corporate network software increased.
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Check Point Software Technologies Inc. (CHKP.O: Quote, Profile, Research) reported a rise in third-quarter net profit that beat Wall Street estimates on strong
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Computer Sciences Corp. CSC.N, one  of the world's largest technology services companies, on  Tuesday posted higher quarterly profit, driven by strong  European revenue that got a lift from the weak dollar.
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Third-quarter profit jumped 77 percent, driven by growing sales of data storage software and hardware as well as a hefty gain from the sale of an ownership stake in VMware.
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Microsoft Corp. said its fiscal first-quarter earnings rose 11 percent, beating analysts' expectations, as the company benefited from stronger-than-expected computer and server shipments.
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The hard drive maker on Tuesday raised its quarterly  revenue and profit forecasts for the December quarter on strong  seasonal demand for newer products, surpassing analysts'  forecasts.
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Cisco Systems Inc.'s fiscal first-quarter profits jumped 29 percent as the network equipment giant reported continued strength in its traditional markets as well as emerging technologies such as Internet telephones, wireless and home networking gear.
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- Tech Data Corp. , the world's second largest computer products distributor, said its quarterly profit rose more than 22 percent over the year-ago period when it recorded a restructuring charge.
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Microsoft Corp. on Thursday said its first quarter profit climbed as personal computer sales and business demand fueled higher sales.
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PC maker sees potential profit at the end of the tunnel, boosted by new sales strategy.
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Automatic Data Processing Inc., a provider of payroll and financial processing services, on Monday posted a 7 percent rise in first-quarter profit, helped by strong national account sales and heightened demand for its employer services.
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The computer maker is making more inroads into the lucrative software space.
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The software company's stock rises on improved second-quarter numbers.
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EMC Corp , the top maker of corporate data storage equipment, reported a 74 percent rise in quarterly profit and doubled its stock buyback program to $2 billion, sending shares up 4 percent on Thursday.
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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