May 1- Credit rating agency Moody's Corp reported a better-than-expected quarterly profit, driven by strong growth in its bond ratings and financial services businesses. High-grade U.S. corporate debt offerings jumped 8 percent to $341.9 billion in the first quarter from a year earlier, marking the strongest three-month period for the asset class since...» Read More
NEW YORK— Next time you hear a song you can't quite name, just say "Shazam" to your Android smartphone. The Shazam app will identify the song and artist for you, even if you don't have the app open. The feature taps the Google Now voice assistant on Android phones.
DETROIT, April 30- Delphi Automotive Plc Chief Executive Kevin Clark said that the company will likely spend $1 billion to $3 billion this year on a large acquisition related to software to enhance vehicle connectivity. Clark said in a Thursday interview with Reuters after the company issued first-quarter earnings that "there is a funnel of some larger...
It was a mixed bag for earnings in the tech space, but one favorite stood out of the crowd for Morgan Creek Capital Management's Mark Yusko.
MILWAUKEE _ Rockwell Automation Inc. on Thursday reported fiscal second-quarter profit of $206 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share. Rockwell Automation shares have increased 1 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed slightly...
TEL AVIV, Israel _ Radware Ltd. on Thursday reported first-quarter earnings of $6.5 million. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 22 cents per share. Radware shares have increased 6.5 percent since the beginning of the year.
NEEDHAM, Mass. _ PTC Inc. on Wednesday reported fiscal second-quarter profit of $5.4 million. For the current quarter ending in June, PTC Inc. expects its per-share earnings to range from 47 cents to 50 cents. PTC Inc. expects full-year earnings in the range of $2.18 to $2.30 per share, with revenue ranging from $1.28 billion to $1.3 billion.
April 29- Cloud software company Salesforce.com Inc is working with financial advisers to help it field takeover offers after being approached by a potential acquirer, Bloomberg said, citing people with knowledge of the matter. They closed up 11.6 percent at $74.65, valuing the company at about $49 billion. There is no certainty any deal will transpire,...
SAN FRANCISCO— Investors are betting that business software service company Salesforce.com will be sold, with Oracle Corp. emerging as the early favorite to pull off a deal that could cost about $50 billion. The speculation, spurred by a Bloomberg News report, lifted Salesforce's stock by $7.76, or more than 11 percent, to close Wednesday at $74.65.
April 29- Cloud software company Salesforce.com Inc is working with financial advisers to help it field takeover offers after being approached by a potential acquirer, Bloomberg said, citing people with knowledge of the matter. There is no certainty any deal will transpire, Bloomberg said, without identifying the potential acquirer. Salesforce, which has a...
LOS ANGELES— The creators of "Destiny" are ready to unleash the wolves. "House of Wolves" will also aim to right several wrongs as developer Bungie, publisher Activision and the sci-fi shooter's Guardian protagonists look to the future. "The short answer is everything," said multiplayer design lead Lars Bakken.
The challenge facing Periscope isn't user interest or support from its parent, Twitter. It may come down to usage and speed.
Microsoft set for "radical shift:" to allow apps from rival Google's Android system onto Windows phones later this year.
SAN FRANCISCO, April 29- Microsoft Corp is set to allow apps from rival Google Inc's Android system onto its own Windows phones later this year, two sources familiar with the matter said on Wednesday. The move would mark a radical shift for Microsoft, which has struggled to attract users and has only 3 percent of the global smartphone market. Microsoft is expected...
SAN FRANCISCO, April 29- Microsoft Corp is set to allow apps from rival Google Inc's Android system onto its own Windows phones later this year, according to two sources familiar with the matter on Wednesday. The move would mark a radical shift for Microsoft, which has struggled to attract users and has only 3 percent of the global smartphone market.
SAN FRANCISCO— Microsoft hopes to lure more people to use its new Windows 10 software on a variety of computers and gadgets by making it easy to use many of the same apps they're already using on Apple or Android phones. Microsoft also announced a new name for the web browser that it plans to offer with Windows 10. The company promises its new "Edge" browser is faster...
April 28- Wearable camera maker GoPro Inc forecast current-quarter profit and revenue above analysts' expectations, citing strong demand for its flagship Hero4 action cameras. GoPro, whose cameras are used by surfers, skydivers and other action junkies, said it was focusing on Japan, Korea and China markets. GoPro gets about half of its total revenue from...
April 28- Wearable camera maker GoPro Inc reported quarterly profit and revenue that beat Wall Street expectations as sales surged outside of the United States. GoPro, which makes cameras used by surfers, skydivers and other action junkies, said international sales accounted for more than half of revenue in the first quarter. GoPro, whose devices account for...
BURLINGTON, Mass. _ Aspen Technology Inc. on Tuesday reported fiscal third-quarter profit of $28.2 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share. Aspen Technology shares have climbed 19 percent since the beginning of the year.
WESTON, Fla. _ The Ultimate Software Group Inc. on Tuesday reported first-quarter earnings of $4.2 million. Eleven analysts surveyed by Zacks expected $145.1 million. For the current quarter ending in June, Ultimate Software said it expects revenue in the range of $146 million.
CHICAGO _ Merge Healthcare Inc. on Tuesday reported first-quarter profit of $17.8 million. Merge Healthcare shares have risen 43 percent since the beginning of the year. Keywords: Merge Healthcare, Earnings Report.
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Matt Hunter is the senior technology editor at CNBC.com.
Cadie Thompson is a tech reporter for the Enterprise Team for CNBC.com.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.
LinkedIn's disappointing guidance is tied to growing pains and won't prevent long-term growth, UBS' Eric Sheridan says.
The Avengers franchise is one of the few series that still get audiences to pay top dollar at the box office, Gitesh Pandya tells CNBC.
UBS' Steven Milunovich said he expects Apple Watch shipments to be weak ... for now.