TOKYO/ OSAKA, April 26- Japan's Nintendo Co Ltd announced a new president on Thursday and said it expects annual profit to reach a nine-year high, as its Switch games console maintains sales momentum in its second year. On Thursday, the Kyoto- based firm said it had named Shuntaro Furukawa- a 46- year-old managing executive officer in charge of global marketing and...
BEDFORD, Mass. _ Aspen Technology Inc. on Wednesday reported fiscal third-quarter profit of $37.8 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. Three analysts surveyed by Zacks expected $121.5 million.
Not only was the revenue from Spectacles negligible through most of last year, but the company actually ended up writing off nearly $40 million in excess inventory and cancellations.
TEL AVIV, April 25- Network security provider Check Point Software Technologies cut its revenue and profit forecasts for 2018, despite just beating earnings estimates in the first quarter, saying it was taking longer to close deals for a new key product. Israel- based Check Point on Wednesday forecast 2018 earnings per share excluding one-time items of $5.45-...
MILWAUKEE _ Rockwell Automation Inc. on Wednesday reported fiscal second-quarter net income of $227.4 million. Rockwell Automation expects full-year earnings in the range of $7.70 to $8 per share. Rockwell Automation shares have declined 17 percent since the beginning of the year, while the Standard& Poor's 500 index has decreased 1.5 percent.
ZURICH, April 25- Novartis's foray into digital technology intensified on Wednesday as the Swiss drugmaker launched a mobile-phone based app to help collect data from people participating in eye disease studies. As Chief Executive Vas Narasimhan focuses the Basel- based company on innovative medicines via acquisitions like this month's $8.7 billion...
Police in the north China city of Tianjin confiscated 600 computers used to mine bitcoin cryptocurrency after the local power grid operator reported abnormal electricity usage, Xinhua reported Wednesday.
Google has so far avoided deep scrutiny over data privacy, and it has Mark Zuckerberg to thank for that, says NYU professor Scott Galloway.
WALLDORF, Germany _ SAP SE on Tuesday reported first-quarter earnings of $869.9 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share. Five analysts surveyed by Zacks expected $6.51 billion.
Bill McDermott discusses his firm's latest financial statement.
An autonomous driving electric vehicle may one day start to look a bit like The Jetsons' flying car.
April 23- Software company Trimble Inc said on Monday it would acquire privately-held Viewpoint from investment firm Bain Capital in an all-cash deal valued at $1.2 billion as it looks to expand its services in the construction sector. The company also raised its revenue outlook, sending its shares up 4.9 percent to $37.91 in extended trading.
April 23- Software company Trimble Inc said on Monday it will acquire privately-held Viewpoint from investment firm Bain Capital in an all-cash deal valued at $1.2 billion as it looks expand its services in the construction sector.
"Our investigation aims to ensure that music fans will continue to enjoy attractive music streaming offers," Commissioner Margrethe Vestager said.
Ted Sarandos, chief content officer, made $22.4 million, up from $18.9 million the prior year.
The news comes about two weeks after Bloomberg reported https://bloom.bg/2qYzgnh that Elliott, the New York hedge fund run by billionaire Paul Singer, had built a position in Micro Focus and plans to push for changes at the company. Private equity firms could be interested in all or parts of Micro Focus and some buyout firms have crunched the numbers and spoken...
COLUMBUS, Ohio— Education regulators are reviewing a whistleblower's claim that Ohio's then-largest online charter school intentionally inflated attendance figures tied to its state funding using software it purchased after previous allegations of attendance inflation, The Associated Press has learned. The state challenged ECOT over how it claimed...
Toshiba said this week that it hit a record in 2017 of recycled toner products: 228 metric tons of used toner.
BERLIN, April 21- German Environment Minister Svenja Schulze has told a newspaper she does not think software updates for diesel vehicles in Germany will be enough to solve air quality problems and that hardware retrofits are the best way to avoid driving bans. The German car industry, which accounts for some 800,000 jobs in Europe's biggest economy, is...
Huawei is working on an emotion AI that would make conversations between users and virtual assistants more meaningful, the company's executives told CNBC.
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