Articles about Market Uncertainties

You hear that, Mr Cook? Samsung's profits have gone UP

Samsung Electronics is toasting a massive hike in its Q1 profits fuelled by sales of smartmobes and tabs but warned cheaper kit flooding the market may "dampen" its next quarterly numbers. Sales for the period ended 31 March climbed by 16 per cent to 52.87tn won (£30.7bn), boosting operating profits by 50 per cent to 8.78tn won …
Paul Kunert, 26 Apr 2013

CSC pops its cork after slashing costs faster than expected

The CEO at lumbering integrator CSC says its turnaround strategy is ahead of schedule despite a sales blemish on an otherwise improved set of fiscal Q2 numbers. Revenues for the three months ended 28 September dipped 2.8 per cent year-on-year to $3.85bn (£2.41bn) with declines posted across its three operating units. The sales …
Paul Kunert, 07 Nov 2012
Morse

Morse shrugs off market uncertainty

IT services group Morse said it was unflustered by the turmoil rocking the financial markets as it unveiled its interim results today. The firm, which has recently been shedding its non-services businesses, turned in consolidated revenues of £123.8m for the period ending December 31, compared to £132.2m a year ago. Pre-tax …
Joe Fay, 13 Feb 2008
Morse

Morse loses CEO, warns on revenues

Morse said goodbye to CEO Kevin Alcock today as it unveiled a trading update which said full year revenues will come in below last year's. The IT services vendor said that it had experienced “some deterioration in short term services in the final quarter of the year as clients have reduced discretionary spend”. While first half …
Joe Fay, 08 Jul 2008
channel

Outsourcing suddenly less popular

Demand for outsourcing has fallen as global economic troubles hit the outsourcing industry, according to research produced by an outsourcing consultancy. Its advisors expect demand to increase early this year, the company said. Outsourcing consultancy EquaTerra asked its advisors whether demand was increasing for outsourcing …
OUT-LAW.COM, 30 Jan 2009
unhappy

Maxima shares slide on below-par expectations

Maxima Holdings yesterday saw its shares tumble by nearly 40 per cent after the managed IT services firm issued a profits warning about its forthcoming first half-year results. The Scottish company said in a trading update that results for H1 ended 30 November 2007 would be below expectations. It said that the termination of …
Kelly Fiveash, 29 Jan 2008
The Register breaking news

Taiwan quake sees DRAM prices rise

Memory prices went up by more than five per cent last night as news of the Taiwan earthquake broke. The price hikes have been labelled by some as callous profiting in the wake of human suffering, while others point to market uncertainties as the cause of the increase. Initial feedback on the impact of yesterday's earthquake on …