NEW YORK-- Shares of F5 Networks Inc. tumbled before Friday's opening bell after the company cut its outlook for the January-March quarter, citing disappointing results from its North American business. Citi analyst Kevin Dennean also cut his rating for F5 to "Neutral" from "Buy" and reduced his price target by $45 to $80.
WASHINGTON, April 5- Samsung Electronics Co Ltd infringed a key portion of an Apple Inc patent by including a text-selection feature in its smartphones and tablets, an International Trade Commission judge said in a preliminary decision.
NEW YORK-- Shares of a variety of networking equipment and other information technology companies took a hit Friday after F5 Networks Inc. cut its outlook for the January-March quarter, citing disappointing results from its North American business.
MEXICO CITY, April 4- Mexico's competition watchdog Cofeco said mobile phone company Telcel dominates the country's phone market, opening the door to tougher regulation of the company owned by Carlos Slim, the world's richest man.
SEOUL, April 5- Samsung Electronics Co Ltd estimated its January-March operating profit rose 53 percent to 8.7 trillion won as sales of mid-tier smartphones helped the South Korean giant tide over the off-peak season. Following are reactions from analysts and fund managers:. SONG MYUNG-SUB, ANALYST AT HI INVESTMENT& SECURITIES.
MEXICO CITY, April 4- Mexico's competition watchdog Cofeco said mobile phone company Telcel dominates the country's phone market, opening the door to tougher regulation of the company owned by Carlos Slim, the world's richest man.
*Facebook takes battle for ad revenue, user times to Google. *Facebook's shares climb, Google's fall.
NEW YORK-- F5 Networks Inc. said Thursday that its second-quarter net income and revenue will fall short of its expectations, primarily because of disappointing results from its North American business. The Seattle company's stock tumbled $13.77, or 15.2 percent, to $76.65 in after-hours trading.
*Facebook shares rise on new app software, Google falls. NEW YORK, April 4- U.S. stocks ended slightly higher on Thursday after the Bank of Japan announced aggressive, market-lifting policies to jump-start its economy, but weak U.S. jobs data capped gains.
SAN FRANCISCO, April 4- Hewlett-Packard Co Chairman Ray Lane, who has come under fire from shareholders for his role in the botched, costly acquisition of British software company Autonomy Plc, has stepped down, the company said on Thursday.
ARLINGTON, Va.-- Language software company Rosetta Stone Inc. said Thursday that it will close its last 56 U.S. kiosk locations as it shifts to a fully online business model. It will cut around 245 jobs as part of the move. On Tuesday it bought online language-learning company Livemocha for $8.5 million.
*Facebook's "Home" takes battle for ad revenue, user times to Google. MENLO PARK, Calif., April 4- Facebook Inc unveiled "Home" software on Thursday to place the world's social network front and center on Android smartphones, a move that may divert users from Google Inc services and steal some of its rival's momentum in the fast-growing mobile arena.
MENLO PARK, Calif., April 4- Facebook Inc unveiled "Home" software on Thursday to place the world's social network front and center on Android users' smartphones, a move that may divert users from Google Inc services and steal some of its rival's momentum in the fast-growing mobile arena. Shares in Facebook climbed 2 percent to $26.83 in the afternoon.
MENLO PARK, Calif., April 4- Facebook Inc unveiled "Home" software on Thursday that will intergrate the social network more completely with Android users' smartphones, a move that may divert users from Google Inc services and steal some of its rival's momentum in the fast-growing mobile arena.
ABERDEEN, S.D.-- A South Dakota Board of Regents committee has endorsed a plan to create a training academy that could result in bringing 1,000 new tech jobs to South Dakota. Minnesota- based Eagle Creek Software Services announced last month it wanted to bring 1,000 information technology consultant jobs to South Dakota.
*Best Buy rallies on plan to sell discounted iPads. NEW YORK, April 4- U.S. stocks rose on Thursday as robust action by the Bank of Japan and supportive remarks by U.S. officials indicated that equity markets would continue to be propped up, though gains were checked by weak data on the labor market.
NEW YORK-- Shares of Compuware Corp. fell before Thursday's opening bell following the software company's announcement that delays in customer orders will hurt its fourth-quarter results.