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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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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Siebel Systems Inc. will acquire eDocs Inc. for $115 million to help customers reduce call center and billing costs.
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Business software maker Siebel Systems Inc.  on Monday said third-quarter revenue would beat Wall Street estimates, driven by a rebound in licensing revenue, sending its shares up almost 16 percent.
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Lucent Technologies Inc, the nation's leading telecommunications-equipment maker, recorded its first annual profit since 2000, fueled by rapid growth in its wireless telephone division, the company announced yesterday.
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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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com December 17, 2004, 7:02 AM PT. Siebel Systems on Friday announced a $115 million cash deal to acquire Edocs, a company focused on electronic-billing and customer self-service technology.
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Shares of Siebel Systems Inc. rose 20.4 percent in pre-market trade on Monday after it said third-quarter revenues will exceed Wall Street estimates.
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International Business Machines Corp.  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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Business software maker Siebel  Systems Inc. SEBL.O on Monday said third-quarter revenue  would beat Wall Street estimates, driven by a rebound in  licensing revenue, sending its shares up almost 16 percent.
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Security software maker Symantec Corp   reported a rise in quarterly profit on Wednesday,  boosted by overseas sales, and forecast current-quarter results  above Wall Street estimates, sending its shares up 9 percent.
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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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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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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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Tyco International Ltd. (TYC.N: Quote, Profile, Research) on Monday reported a quarterly profit, helped by strong demand for electronic parts and the absence of costly write-downs
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The South Korean consumer electronics and appliances company swung to a profit in the second quarter on strong sales of appliances and premium mobile phones.