Computer Associates Results Top View
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Software maker Computer  Associates  International Ltd. CA.N, on Wednesday posted  better-than-expected quarterly results and said full-year  earnings will exceed Wall Street estimates, aided by  cost-cutting.
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Computer Associates is not messing around with its storage management software line. The company this month will upgrade all 13 versions of the BrightStor family, release a new product aimed at automating
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The computer maker's earnings hit estimates, but investors hoped for more.
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The computer maker's earnings hit estimates but investors hoped for more.
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InfoWorld - While software vendor CA is pretty happy with the&#160;financial performance&#160;of three-quarters of its business, its storage management operations are not up to par, according to executives.
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Computer Associates said Wednesday that it met its sales forecast in the quarter ended Sept. 30 but will post a loss for the quarter as it absorbs restructuring charges and the $225 million it agreed to pay shareholders in compensation for its accounting violations.
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Troubled company will trim 5% of work force due to stiff competition, soft business software market. NEW YORK  - Computer Associates said Wednesday it would cut its work force by 800 jobs, or 5 percent
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Adobe returned some pretty impressive financials last week, with profits and revenue up 24% and 17% respectively. The San Jose, California-based provider of desktop publishing and graphics design software reported net income of $152.5m on sales of $745.6m for the quarter.
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The management of Computer Associates (CA:NYSE - news - research) on Wednesday defeated three efforts by shareholders and corporate governance advocates to punish the company for an accounting scandal that led to the restatement of $2 billion in revenue
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IBM (Quote, Chart) secured the top spot in the rankings for world&#39;s fastest supercomputer as Blue Gene/L ran at a sustained speed of 36.
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A look at Finish Line before the first-quarter earnings report comes out.
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Recent data published by the American Customer Satisfaction Index (ACSI) shows Apple leading the consumer computer industry with the the highest customer satisfaction.
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RESTON, Va., Dec. 19  /PRNewswire/ -- comScore Media Metrix today released its monthly analysis of U.S. consumer activity at top online properties and categories for November.
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Computer Associates Monday announced the general availability of three Unicenter performance management products for mainframe data management.
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Hewlett-Packard reported solid financial results for its fiscal first quarter, driven by growth in PCs and enterprise hardware. The results prompted HP to raise its forecast for the year ahead.Revenue for the quarter, which ended Jan. 31, was $28.5 billion, up 13 percent from a year earlier, HP announced Tuesday. Pro forma net income was $2.3 billion, or $0.86 per share, up from $1.8 billion, or $0.65 per share, a year earlier.The figures beat the expectations of financial analysts, who had forecast revenue of $27.6 billion and pro forma earnings per share of $0.81, according to Thomson First Call. The pro forma figure excludes one-time items that slightly inflated the results. Using generally accepted accounting principles, HP&#39;s profit was $2.1 billion, or $0.80 per share.HP&#39;s Personal Systems Group, which produces its laptop and desktop PCs, grew its revenue 24 percent from the same period a year earlier, to $10.8 billion, with unit shipments up 27 percent. Notebook sales climbed fastest, up 37 percent, while desktop sales climbed 15 percent.The division had already been doing well. HP extended its lead over Dell in PC sales last year, according to figures from Gartner. HP ended the year with 18.2 percent of the market, compared with 14.3 percent for Dell. The PC market overall grew 13.4 percent.HP may find it hard to sustain that growth rate, in part because it has to make comparisons with increasingly successful quarters in the year before, CEO Mark Hurd said on a conference call. Still, Hurd said, &quot;when you look at 24 percent growth, I think that&#39;s pretty darned strong.&quot;HP&#39;s imaging and printing group performed slightly less well, with revenue climbing 4 percent to $7.3 billion. Printer unit sales declined by 1 percent from a year earlier, thanks to weakness in the consumer market. Revenue from supplies, which includes HP&#39;s profitable ink business, climbed 6 percent, however.Revenue from the servers and storage group climbed 9 percent to $4.8 billion. Sales of blades and industry-standard servers were strong, while HP&#39;s PA-RISC and Alpha chip businesses continued to shrink. Services revenue climbed 11 percent year-over-year to $4.4 billion, while software sales climbed 11 percent to $666 million, HP said.Hurd said he was pleased with the results overall. He attributed them to successful cost-cutting efforts, the addition of 2,000 new HP sales staff in the past year, and a diverse product portfolio.HP generates an increasing amount of its business overseas, he said. Its biggest market continued to be Europe, the Middle East and Africa, where revenue grew 15 percent to $12.3 billion. Asia-Pacific revenue climbed 22 percent to $4.9 billion. Growth in the Americas was a sluggish 8 percent, generating $11.2 billion.&quot;We generated 69 percent of our revenue outside the U.S., with emerging markets driving significant growth,&quot; Hurd said.The company now expects second-quarter revenue of $27.7 billion to $27.9 billion, and pro forma earnings per share of $0.83 or $0.84. That&#39;s above what analysts polled by Thomson had been estimating: pro forma profit of $0.82 and revenue of $27.4 billion.
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By Lillian Liu  HONG KONG: Lenovo Group Ltd, China's top personal computer (PC) maker, has posted its best quarterly results since purchasing IBM's PC arm in 2005.
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Plus: Adobe earnings, outlook top Street...TiVo swings to a loss...HP profit gains on cost cuts, cheaper components.