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  • LOS ANGELES— A federal grand jury indicted the veteran police chief for the Port of Los Angeles in an alleged kickback and bribery scheme involving the development of a smartphone app that was supposed to help reduce crime at the nation's busiest seaport. Ronald Jerome Boyd, 57, was named in a 16- count indictment that alleged wire fraud, lying to FBI agents, tax...

  • MEMLO PARK, Calif., April 30- In the 1980 s when Sony and Toshiba were setting the agenda in the global TV and memory chip markets Japan was bristling with confidence as a hub of technological innovation. Three decades later, with Japan's electronics industry in decline, Prime Minister Shinzo Abe has come to Silicon Valley- the first sitting Japanese leader to do so-...

  • SciQuest reports 1Q loss Thursday, 30 Apr 2015 | 6:30 PM ET

    CARY, N.C. _ SciQuest Inc. on Thursday reported a first-quarter loss of $289,000, after reporting a profit in the same period a year earlier. For the current quarter ending in June, SciQuest expects its per-share earnings to range from 6 cents to 7 cents. SciQuest expects full-year earnings in the range of 29 cents to 33 cents per share, with revenue ranging from...

  • Callidus reports 1Q loss Thursday, 30 Apr 2015 | 6:03 PM ET

    PLEASANTON, Calif. _ Callidus Software Inc. on Thursday reported a loss of $4 million in its first quarter. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 4 cents per share. Five analysts surveyed by Zacks expected $38.4 million.

  • April 30- Cybersecurity company FireEye Inc raised its full-year revenue forecast as governments and businesses increase spending to protect their networks from sophisticated cyber attacks. Shares of FireEye, which also reported better-than-expected quarterly revenue, rose 1.7 percent in extended trading on Thursday. "The marketplace for...

  • PC Connection tops Street 1Q forecasts Thursday, 30 Apr 2015 | 5:18 PM ET

    MERRIMACK, N.H. _ PC Connection Inc. on Thursday reported first-quarter earnings of $8.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. PC Connection shares have declined 1 percent since the beginning of the year.

  • Computer Programs and Systems posts 1Q profit Thursday, 30 Apr 2015 | 4:39 PM ET

    MOBILE, Ala. _ Computer Programs and Systems Inc. on Thursday reported first-quarter net income of $5.4 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. Computer Programs and Systems shares have declined 14 percent since the beginning of the year.

  • April 30- Cybersecurity company FireEye Inc reported better-than-expected quarterly revenue, helped by increasing spending by governments and businesses to protect their networks from sophisticated cyber attacks. FireEye raised its revenue forecast for 2015 to $615 million- $635 million from $605 million- $625 million. FireEye's net loss attributable...

  • Solar panel maker SunPower reports quarterly loss Thursday, 30 Apr 2015 | 4:18 PM ET

    April 30- SunPower Corp, the second-largest maker of solar panels in the United States, reported a quarterly loss, compared with a year-earlier profit, as it sold fewer power plants. The company reported a net loss of $9.6 million, or 7 cents per shares, attributable to shareholders for the first quarter ended March 29 compared with a profit of $65 million, or 42 cents...

  • DETROIT, April 30- Delphi Automotive Plc Chief Executive Kevin Clark said the company could spend $1 billion to $3 billion this year on a large acquisition related to its traditional "hardware" business and will make smaller investments in software. Clark said in a Thursday interview with Reuters after the company issued first-quarter earnings that "there is a...

  • 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...

  • *Cash-and-stock deal valued at $85 million. April 30- Audio-chip maker Audience Inc, which has struggled since losing Apple Inc as its No. 1 customer in 2012, agreed to a distress sale to hearing-aid component maker Knowles Corp in a cash-and-stock deal valued at $85 million. Knowles, which supplies microphones to Apple, will pay $2.50 in cash and $2.50 in stock for...

  • April 30- Audio-chip maker Audience Inc, which has struggled since losing Apple Inc as its No. 1 customer in 2012, agreed to a distress sale to hearing-aid component maker Knowles Corp in a cash-and-stock deal valued at $85 million. Itasca, Illinois- based Knowles will pay $2.50 in cash and $2.50 in stock for each Audience share- a discount of 9 percent to Audience's...

  • Arrow Electronics tops 1Q profit forecasts Thursday, 30 Apr 2015 | 9:24 AM ET

    ENGLEWOOD, Colo. _ Arrow Electronics Inc. on Thursday reported first-quarter earnings of $106.1 million. For the current quarter ending in June, Arrow Electronics expects its per-share earnings to range from $1.43 to $1.55. Arrow Electronics shares have increased nearly 9 percent since the beginning of the year.

  • Rockwell Automation beats 2Q profit forecasts Thursday, 30 Apr 2015 | 7:09 AM ET

    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...

  • FRANKFURT, April 30- Franco-Italian semiconductor maker STMicroelectronics posted slightly weaker than expected quarterly results on Thursday, blaming a sharp fall in demand for computer parts and warning it anticipated little pickup in the current quarter. Analysts, on average, had been looking for a profit of 1 cent per share, according to Thomson Reuters...

  • Shares in Finnish firm Nokia fell 8.2 percent after it posted quarterly profits well below forecast at its main telecom network equipment business, citing lower software sales, higher costs and challenging conditions in Europe and Latin America. "It came as a surprise to many because Nokia's business mix was supposed to be a bit better than this," Evli Bank...

  • Radware meets 1Q profit forecasts Thursday, 30 Apr 2015 | 6:33 AM ET

    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.

  • Shares in the Finnish firm fell 8.6 percent after it posted quarterly profits well below forecasts at its main telecom network equipment business, citing lower software sales, higher costs and challenging conditions in Europe and Latin America. Sector peer Alcatel Lucent dropped 8 percent while Ericsson was down 1.2 percent and the broader STOXX Europe 600...