NetSol Technologies Expects Fiscal 2007 Revenue to Reach $30 Million
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NetSol Technologies, Inc. (NASDAQ: NTWK), a U.S.-based, multinational provider of enterprise software and services for equipment financing, today issued guidance for fiscal 2007.
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Data transmission system provider Terayon Communication Systems Inc. lowered third-quarter guidance on Friday, now expecting to post revenue of $37 million, compared with previous estimates of $38 million to $41 million.
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AT&T Inc.  said on Tuesday it  will invest more than $750 million in 2007 to accelerate the  delivery of global Internet Protocol services and solutions to  businesses and multinational companies in key markets  worldwide.
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Lions Gate Entertainment Corp.  raised its fiscal year 2007 revenue forecast to $950 million, from a previous estimate of over $900 million, Chief Executive Jon Feltheimer said on a conference call with analysts on Monday.
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The company posted fourth-quarter earnings of $717 million, citing heavy demand for auto pollution filters and glass used in flat-screen televisions and computers.
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Internet advertising revenues in the United States grew 37 percent in the first half of this year, reaching a new high of $7.9 billion.
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AT&T Inc. said on Tuesday that it would spend more than $750 million in 2007 to expand its global communications network for corporate customers, an 89 percent rise from last year, as companies increasingly do business abroad.
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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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Samsung Electronics (005930.KS) said on  Tuesday it is targeting a 15 percent rise to 30 trillion won  ($32 billion) in global sales of digital media this year from  2007 through steady growth in TV, printers and computers.
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With 30m subscribers added in the 12 months leading up June 30, 2004, the number of global users of the DSL broadband technology reached 78m, according to the latest data produced for the DSL Forum, the international DSL trade association, by industry
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NetSol Technologies, Inc. (NASDAQ: NTWK), a U.S.-based multinational provider of enterprise software and services for equipment finance, today announced that it will hold a conference call to discuss 2006 fiscal year end financial results on Monday, September 25, at 8:00 a.m. Eastern (EDT).
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Finisar Corporation (NASDAQ: FNSR), a technology leader in gigabit fiber optic solutions for high-speed data networks, today reported preliminary financial results for its third fiscal quarter ended January 28, 2007.
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Aviva, the company that owns Norwich Union, has announced that up to 7,000 jobs that service UK business will be offshored by 2007.
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The publisher reported preliminary net income of $30.1 million for the quarter, but said it would take a charge to reflect a sharp decline in its stock price.
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Global mining giant Anglo American on Wednesday said its 2007 net profit jumped 18 percent to 7.30 billion dollars (4.96 billion euros), boosted by high output and soaring metals prices.
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The New York Times Co. said on Tuesday that it expects its Internet-related businesses to generate about $270 million in revenue in 2006.
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NetSol Technologies, Inc. (NASDAQ: NTWK), a U.S.-based, multinational provider of enterprise software and services for equipment financing, today announced that its Chairman, Najeeb U.