Siebel Systems Posts Quarterly Profit
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Business software maker Siebel Systems Inc.  on Wednesday reported a quarterly profit, after a year-earlier net loss, driven by a healthy rise in license revenue.
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Electronic Data Systems Corp. reported a  higher quarterly profit on Wednesday, boosted by a surge in new  orders for its technology services.
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Sysco Corp. (SYY.N), the largest U.S. distributor of food to restaurants and hospitals, on Monday said quarterly profit rose as an extra week in the period and acquisitions helped offset the effects of higher food prices.
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After a year of pilots and trials, Siebel Systems jumped with both feet into the SMB market Tuesday, announcing a new approach to offer Siebel Professional CRM applications to SMBs (small and midsize businesses) -- companies with revenues up to about $500 million.
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Oracle Corp.  on Monday  posted a 21 percent rise in quarterly profit, helped by sales  of business software licenses to the customers of acquired  rivals like Siebel Systems and PeopleSoft.
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Oracle Corp. on Tuesday reported  a higher quarterly profit as the world's second largest  software company benefited from steady demand for its flagship  database software.
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Software maker Siebel Systems Inc. on Wednesday said its third-quarter results swung to a profit on improved licensing revenue, but missed analyst expectations.
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Tyco International Ltd. (TYC.N: Quote, Profile, Research) on Monday reported a quarterly profit helped by strong demand of electronic parts and the absence of the costly write-downs
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The cardiovascular device maker said its second-quarter profit, excluding charges, was $271 million, or 18 cents per share, compared with $412 million, or 31 cents per share, a year ago.
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McGraw-Hill Cos Inc  said on Tuesday its quarterly profit rose 25.4 percent, driven by good results at its Standard & Poor's unit.
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International Business Machines  Corp. IBM.N on Tuesday posted a quarterly net profit that  beat Wall Street's recently raised profit target as solid  year-end product sales were buoyed by a weaker U.S. dollar.
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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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Siebel Systems (Nasdaq: SEBL) and Deutsche Telekom's (NYSE: DT) T-Systems have announced an agreement under which T-Systems will market and deliver hosted CRM software to companies in Germany and eight other European countries starting in February 2005.
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Tyco International Ltd. (TYC.N: Quote, Profile, Research) reported a quarterly profit on Monday, reversing a year-earlier loss, helped by strong demand for electronic parts.
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SAN FRANCISCOâAnalog chip maker National Semiconductor Corp. yesterday posted a higher quarterly profit, with sales in line with its reduced forecast on lower-than-expected demand for flat-panel displays and from Chinese wireless handset makers.
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Hewlett-Packard Co.  on Tuesday posted a higher quarterly profit, helped by strong performances in its printer and personal computing businesses.
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Siebel Systems Inc. will acquire eDocs Inc. for $115 million to help customers reduce call center and billing costs.