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  • Jan 30- Xerox Corp, best known for its printers and copiers, reported a slightly better-than-expected quarterly profit as expenses declined 4 percent. Restructuring and better productivity led to higher margins, Xerox said on Friday. Xerox said last month it was selling its information technology outsourcing arm to French IT services firm Atos SE for $1.05...

  • FRANKFURT, Jan 30- A boom in demand for car safety systems will help German engineer Robert Bosch to boost sales and profit margins this year, it forecast on Friday. The company, a major supplier of electronic and mechanical automotive components, said preliminary figures showed group sales reached 48.9 billion euros last year, up 6.2 percent on the year before,...

  • Magic Software beats 4Q profit forecasts Friday, 30 Jan 2015 | 7:01 AM ET

    OR YEHUDA, Israel _ Magic Software Enterprises Ltd. on Friday reported fourth-quarter net income of $2.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share. Magic Software shares have declined 5 percent since the beginning of the year.

  • China's new tech rules play to local firms' strengths Thursday, 29 Jan 2015 | 11:59 PM ET

    BEIJING/ SAN FRANCISCO, Jan 30- Draft Chinese government regulation would force technology vendors to meet stringent security tests before they can sell to China's banks, an acceleration of efforts to curb the country's reliance on foreign technology that has drawn a sharp response from U.S. business groups. Western companies say the rules have not yet been...

  • PC Connection tops Street 4Q forecasts Thursday, 29 Jan 2015 | 7:10 PM ET

    MERRIMACK, N.H. _ PC Connection Inc. on Thursday reported fourth-quarter profit of $11.9 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share. PC Connection shares have fallen almost 6 percent since the beginning of the year.

  • Unisys posts 4Q profit Thursday, 29 Jan 2015 | 6:15 PM ET

    BLUE BELL, Pa. _ Unisys Corp. on Thursday reported fourth-quarter net income of $61.8 million. The Blue Bell, Pennsylvania- based company said it had profit of $1.24 per share. Unisys shares have fallen 14 percent since the beginning of the year.

  • Computer Programs and Systems posts 4Q profit Thursday, 29 Jan 2015 | 4:48 PM ET

    MOBILE, Ala. _ Computer Programs and Systems Inc. on Thursday reported fourth-quarter profit of $6.6 million. Computer Programs and Systems expects full-year earnings to be $2.62 to $2.77 per share, with revenue in the range of $196 million to $206 million. Computer Programs and Systems shares have dropped 3 percent since the beginning of the year.

  • Amazon shares spike as 4Q profit beats by a mile Thursday, 29 Jan 2015 | 4:09 PM ET

    Amazon's strategy always has been to spend a big chunk of the money it makes to grow and expand into new areas like cloud computing, streaming video and hardware— and that has affected profitability to investors' sometime chagrin. Amazon earned 45 cents per share for the three months ended in December, easily topping Wall Street expectations.

  • 3 technology companies to create 140 new jobs in Arkansas Thursday, 29 Jan 2015 | 12:42 PM ET

    CONWAY, Okla.— Three technology companies plan to invest a combined $2.5 million and create 140 new jobs in Arkansas. The companies are Metova Inc., a mobile app development company; Big Cloud Analytics, a predictive analytics software company; and Eyenalyze, a Conway- based company that has developed innovative software for use in the food service sector.

  • Jan 29- Harman International Industries Inc, maker of JBL and Harman Kardon audio systems, reported a better-than-expected profit and revenue as increasing auto sales led to strong demand for the company's car infotainment products. The company on Thursday also announced a deal with Chinese search engine Baidu Inc to launch a networking service, called...

  • Jan 29- Data storage equipment maker EMC Corp, which has been under pressure from activist investor Elliott Management Corp, forecast a lower-than-expected profit for the year and said it would cut jobs. EMC, which owns 80 percent of VMWare Inc, also said it expected to buy back up to $3 billion in shares this year. EMC comprises four main businesses- its core...

  • Jan 28- Data storage equipment maker EMC Corp reported a 12 percent rise in quarterly profit as customers spent more on software-defined data centers. Net income attributable to EMC shareholders rose slightly to $1.14 billion, or 56 cents per share, in the fourth quarter ended Dec. 31 from $1.02 billion, or 48 cents per share, a year earlier. Revenue rose to $7.04...

  • The new releases are the latest gambits in Chief Executive Officer Satya Nadella's attempt to wrest back the initiative in the battle for mobile users, where Microsoft has fallen behind Apple and Google Inc.. By giving away its industry-standard Office apps on Apple's popular iOS and Google's Android operating systems, Microsoft is looking to build up a base...

  • SEOUL, South Korea— LG Electronics Inc. said Thursday it has lost money in the fourth quarter as costs from the closure of its plasma TV operations offset a recovery in its mobile phone business. Operating income, which is a measure of profit before tax, interest and one-time expenses are deducted, rose 28 percent to 275 billion won on revenue of 15.3 trillion won.

  • SEOUL, Jan 29- Samsung Electronics Co Ltd is closer to losing its crown as global smartphone leader after posting a plunge in quarterly mobile earnings on Thursday, a day after rival Apple Inc reported the biggest profit in corporate history. It was the mobile division's fifth consecutive quarter of decline, in contrast to Apple's record-breaking 74.5 million...

  • In a letter to China's top cybersecurity policy group dated Jan. 28, the American Chamber of Commerce in China and 17 other U.S. business lobbies urged Beijing to postpone the implementation of the new policies. U.S. tech vendors such as Cisco and Microsoft Corp are facing increased pressure from Chinese authorities to accept rigorous security checks before...

  • PTC Inc. beats Street 1Q forecasts Wednesday, 28 Jan 2015 | 7:36 PM ET

    NEEDHAM, Mass. _ PTC Inc. on Wednesday reported fiscal first-quarter profit of $30.3 million. For the current quarter ending in March, PTC Inc. expects its per-share earnings to range from 42 cents to 50 cents. PTC Inc. expects full-year earnings in the range of $2.20 to $2.35 per share, with revenue ranging from $1.32 billion to $1.35 billion.

  • SEOUL, Jan 29- Samsung Electronics Co Ltd on Thursday reported its first annual earnings decline in three years, as strong chip earnings failed to make up for weakness in the South Korean giant's smartphone business. The result put the firm's 2014 profit at 25 trillion won, down from a record 36.8 trillion won in 2013 and the lowest since 2011, as the world's top...

  • SEOUL, South Korea— Samsung lost the battle of the big phones last quarter as Apple's copycat large iPhone lured buyers in the crucial Chinese market. Samsung accounted for nearly one third of global smartphone sales in 2013, twice as much as Apple. Apple Inc. was behind Samsung's latest reversal in fortune, launching iPhones with bigger screens that robbed...