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HP Said to Weigh 25,000 Job Cuts as Whitman Targets Waning Services Demand

May 18th, 2012

The Hewlett-Packard Co. logo is displayed on a sign at the company’s headquarters in Palo Alto, California.

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UPDATE 1-Toshiba plans to double operating profit by 2014/15

May 18th, 2012

Japan’s Toshiba Corp said on Thursday it aims to more than double its annual operating profit in three years to $5.6 billion, by expanding its social infrastructure business and boosting sales of electronics devices.

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Google Could ‘MySpace’ Facebook

May 17th, 2012

NEW YORK – Angry emails continue to pour in from readers who wish to voice their “dislike” in reference to my recent bearish articles on Facebook which is due to commence trading for the first time on Friday with an estimated price range of $34 to $38 as part of its highly anticipated IPO.

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Earnings Surge for Acxiom – Analyst Blog

May 17th, 2012

ACXM ) reported Non-GAAP earnings per share of 22 cents in the fourth quarter of fiscal 2012 compared with 21 cents in the previous-year quarter, beating our Zacks Consensus Estimate of 19 cents.

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