Archive:
(14 Stories)
Alcatel-Lucent boss leaving as losses mount
02/07/2013 2:04am
Alcatel-Lucent CEO Ben Verwaayen is leaving the loss-making French-U.S. telecommunications gear maker after a failed four-year bid to turn the business around.
Vodafone revenue falls amid tougher competition
02/07/2013 3:07am
Telecommunications company Vodafone says its revenue dropped 2 percent in the third quarter due to tougher competition, a weak economy, and regulatory changes at home and abroad.
Sony trims quarterly loss to $115 million
02/07/2013 3:07am
Sony Corp. is still struggling but managed to reduce its red ink for the latest quarter as the Japanese electronics and entertainment company aims for a comeback from record yearly losses.
Fujitsu cutting 5,000 jobs in restructuring
02/07/2013 3:10am
Struggling Japanese electronics maker Fujitsu is slashing 5,000 jobs, or nearly 3 percent of its global workforce, as it seeks to boost profitability by reshaping its computer-chip business and its overseas operations.
Ahead of the Bell: Bar set high for LinkedIn's 4Q
02/07/2013 4:34am
LinkedIn `s knack of surprising Wall Street, an unbroken streak that winds back through every quarter since May 2011 after the company first went public, will be on the line when it posts fourth-quarter results Thursday afternoon.
EU pushes plans for safer, more secure Internet
02/07/2013 6:06am
EU officials are pushing a plan to make the Internet safer _ more resistant to cyberattacks, freer from cybercrime and safer for children to use.
College credit recommended for free online courses
02/07/2013 9:41am
Students may soon be able to receive college credit for the free online courses that are reshaping higher education.
Sprint posts big 4Q loss, revenue rises
02/07/2013 11:20am
Sprint Nextel Corp., the country's third largest wireless carrier, on Thursday said it lost $1.3 billion in its fourth quarter, about the same as a year ago, as it revamped its network for a comeback versus bigger competitors.
RIM shares up on upgrade
02/07/2013 12:22pm
Shares of BlackBerry maker Research In Motion rose 3 percent Thursday with Wells Fargo saying that better gross margins from the company's new phone will offset potentially limited demand.
US magazine circulation flat despite digital gains
02/07/2013 2:36pm
Magazine industry auditors say more U.S. magazines are selling more digital copies, but they still represented just 2.4 percent of circulation in the second half of last year as overall circulation was largely unchanged.
Colorful investor Einhorn behind Apple attack
02/07/2013 3:24pm
David Einhorn, the 44-year-old investor who attacked Apple Thursday, has a history of taking on companies and winning. But Apple is his biggest target yet.
New York Times reports higher 4Q earnings, revenue
02/07/2013 3:28pm
The New York Times Co. said Thursday that net income tripled in the final three months of 2012, boosted by gains from the sale of some online properties. The company also benefited from growth in digital subscription revenue and higher prices for print editions.
LinkedIn's 4Q gets rave reviews from investors
02/07/2013 4:09pm
Online professional-networking service LinkedIn's fourth-quarter performance added another line to its sterling resume as a public company.
Investor sues Apple, wants more cash
02/07/2013 6:02pm
With its annual meeting looming and its stock on the decline, Apple is facing a rebellion from an influential investor who wants the company to stop stockpiling cash and give it to shareholders instead.
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The station representative who can assist a person with disabilities with issues related to the content of the public files is Mike Dowdle, available during regular office hours at closed_captioning@ksl.com and (801) 575-5555.
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