Wipro Ltd, India's third largest IT services exporter, Tuesday reported a jump of 6.7 percent sequentially in its first quarter profits for the financial year 2012-13, aided by the strong demand for outsourcing services and the week Indian rupee.
Ford Motor Co. (NYSE: F) profits are expected to fall precipitously for the second quarter of 2012 compared to the same time last year, largely due to continued losses abroad, particularly in Europe.
It's officially the last week of July, which means that Apple has seven days to release its brand-new operating system for Mac, also known as OS X Mountain Lion. Users that upgrade to Mac OS X Mountain Lion will discover scores of useful features -- more than 200 of them, according to Apple. Here's a guide to the best and most important features in Mountain Lion.
According to an Aurora PD spokesperson, authorities are not investigating a second person of interest in the Colorado shooting that took place on Friday at the Century 16 Movie Theater. A Fox affiliate in the Denver, Colorado area recently ran a report with information that the spokeswoman said the news outlet took out of context.
Tesla Motors Inc. (Nasdaq: TSLA) is expected to report second quarter 2012 earnings sharply lower than the previous year as the company waits for revenue from the recently launched Model S and from a new partnership with Mercedes-Benz to have a positive impact later in the year.
James Holmes made his first court appearance in the Centennial, Colorado courthouse at 11:30 a.m. EDT Monday, when the world got its first look at the man said to be responsible for the worst mass killing in the state's history. View the slideshow to see photos of other infamous dazed and confused serial killers.
Dazed, deranged and Eyes Drooping, are just some of the terms being used to describe the face of the Colorado shooting suspect accused of killing 12 and wounding 58.
America will get its first look on Monday, July 23, at the alleged gunman said to be responsible for the infamous Colorado shooting that took place late last week. James Holmes is set to make his first court appearance at around 11:30 on Monday morning, giving the American public its first look at the suspect since his arrest in an attack that reportedly left 12 moviegoers dead and 58 other injured.
Target Corporation (NYSE: TGT) announced Monday it was expanding its grocery store strategy to an additional 30 outlets, including ones in Nashville, Tenn., Cincinnati, Ohio, and Jacksonville, Fla.
McDonald's Corporation (NYSE: MCD), the world's largest restaurant chain, reported a 4.5 percent drop in second-quarter profit hurt by a stronger dollar and weaker global demand.
Internet users and investors were heartened last week when Yahoo (Nasdaq: YHOO), elected Marissa Mayer, 37, as its third CEO in less than a year. A hedge fund gets part of the credit but not all hedge funds score as well in the tech sector: how about Eastman Kodak (Pink: EKDKQ)?
Maruti Suzuki(MRTI.NS) has no idea when the Manesar factory hit by a deadly riot this week will reopen, the carmaker's chairman acknowledged on Saturday, saying it was impossible to import extra vehicles or shift lost production to another plant.
In a piece of software connecting the Linux kernel to Microsoft's HyperV program, a small piece of hexadecimal code reading 0xB16B00B5 was found. Translated from geekspeak, the code reads, BIG BOOBS.
Apple Inc. (Nasdaq: AAPL) looks to be gearing up for something big. The tech company is pushing for more overtime hours by certain staffers beginning Wednesday, meaning that a big release will likely be on the way soon. Many agree the release probably will be the latest iteration of the Macintosh OS X operating system.
James Holmes, the alleged gunman believed to be responsible for the shootings at a movie theater in Aurora, Colo., that took place on Friday, is currently in custody at the Arapahoe County Sheriff's Office Detention Facility in Centennial, Colo.
Beck, the eclectic and award-winning musician of Odelay and Sea Change fame, is contributing three new songs to the coming video game Sound Shapes.
Due to a dispute over pensions, hundreds of train drivers are planning to go on strike in central England during the Olympic Games, according to their trade union. The move could seriously disrupt the atmosphere of the games, leaving London disconnected from cities like Sheffield and Nottingham.
The Tokyo-based e-commerce giant Rakuten introduced its Kobo Touch e-reader in Japan on Thursday, and early reports suggest that the device is already a hit.
The price of platinum, the precious metal used to make anti-pollution equipment for vehicles, is in a slump due to the global economic downturn, but it's especially bad in Europe where platinum demand is greatest. Nevertheless, analysts are bullish, believing the price will rise in the latter half of the year and into the next.
Next week's barrage of earnings releases offers further guidance on the health of U.S. companies.
Two months after the trading fiasco in the initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, tech IPOs are soaring again. Palo Alto Networks (Nasdaq: PANW) and Kayak Software (Nasdaq: KYAK) shares soared in their IPOs.
Investors seem to be disregarding the parade better-than-expected profit figures from major financial institutions this earnings season, instead using top-of-the-line revenue and return on equity numbers to guide their investment decisions.
The global slowdown may trim net income for Xerox Corp. (NYSE: XRX), the No. 1 provider of business printers and services. CEO Ursula Burns shaved her full-year forecast to a range between $1.07 and $1.12 a share from the previous $1.18.
General Electric Company (NYSE: GE), the largest U.S. conglomerate, said Friday its second-quarter continuing earnings rose 7 percent as strong U.S. demand for energy related equipment offset falling European demand and the effect of a strong dollar.
The golden age of being a banker is so far in the past. After a brutal year of massive layoffs in the global financial industry last year, the axe is starting to fall again.
The relationship between Microsoft's Turn 10 studios and Meguiar's car care has proven to be a beneficial symbiosis for seemingly strange bedfellows in radically different industries.
Microsoft Thursday announced its financial results for the fiscal quarter ending June 30, 2012, and for the first time since it went public in 1986, the company posted a net loss of $492 million despite posting record revenue of $18.06 billion.
Georgia Gulf Corp. (NYSE: GGC) shares soared after announcing a deal Thursday to acquire reached a deal to acquire PPG Industries Inc.'s (NYSE: PPG) commodity chemicals unit for $1.9 billion in cash and shares.
Standard & Poor's (S&P) Capital IQ equity analyst Todd Rosenbluth changed his rating on Verizon Communications (NYSE: VZ), from Hold to Strong Sell after the $128.4 billion-cap mobile service carrier posted its second-quarter earnings Thursday morning.
After activist investor Bill Ackman of Pershing Square Capital Management said he expects to make 15 to 20 times his investment in beleaguered Plano, Texas-based retail giant J.C. Penney Company, Inc. (NYSE:JCP), stock in the company hit a ten day high.
