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Baidu posts jump in 4Q earnings as revenue climbs, rival Google clashes with China government
4 hours ago ago from Gaea Times (by Simple Thoughts) Breaking News and incisive views 24/7
more images more images Baidu 4Q earnings up 48 percent as revenue climbs PHILADELPHIA — Chinese Internet search company Baidu Inc. on Tuesday said its fourth-quarter earnings rose by 48 percent as revenue climbed. Results surpassed analyst expectations, sending the company's shares higher in aftermarket activity. During the fourth quarter, Baidu earned $62.7 million, or $1.80 per share, in the quarter compared with ...
Related contentIAC Writes Down Search Business; Takes $1 Billion Loss For Q4
14 hours ago ago from paidContent
IAC ( NSDQ: IACI ) bit an accounting bullet in Q4, taking a $991 million impairment charge for its search & media business including Ask and excluding Citysearch. Without that after-tax charge and an unrelated write down for $12.2 million, IAC would have turned in earnings per share of $.20, an 88 percent drop from the same quarter last year but still beating estimates.(Q408 net last year was affected by a one-time pre-tax gain.) With those, ...
Related contentJet Airways registers profit for fourth month
18 hours ago ago from Inditop
New Delhi, Feb 9 (Inditop.com) Private carrier Jet Airways Tuesday said it has registered a 30 percent surge in international operations for the fourth month in December last year as against the corresponding period in 2008. Also, a 30 percent growth was recorded in domestic operations in January this year against the like period last year. In a regulatory filing, the airline said its average seat factor for its international ...
Related contentGerresheimer Achieves Sales Target for 2009
12 hours ago ago from Press Release Hub
Profit Margin Better Than Expected DUSSELDORF, Germany , February 9 - In the economically challenging environment of the past year, Gerresheimer AG has achieved its sales target and turned in a better operating margin than expected. Group sales in the past financial year (to the end of November) reached EUR1 billion . The pharma business, which now accounts for around three quarters of Group sales, again ensured a ...
Related contentVulcan releases 4th-quarter results
23 hours ago ago from Better Roads
Vulcan Materials Company announced results on Feb. 8 for the fourth quarter and full year ended December 31, 2009. The following are the fourth quarter summary and comparisons with the prior year: · Net earnings from continuing operations were a loss of $13 million, or $0.10 per diluted share. · Cash earnings from continuing operations were $67 million. · Aggregates shipments declined 23 percent, reducing earnings $0.57 ...
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Gartner's 4Q profit drops 24 percent
11 hours ago ago from U.S. News
Gartner's 4Q profit drops 24 percent STAMFORD, Conn. (AP) -- Gartner Inc. posted a 24 percent drop in fourth-quarter earnings Tuesday, as revenue generated by its information technology research declined. The company, which focuses on the information technology market, earned $25.7 million, or 26 cents per share, compared with $33.6 million, or 35 cents per share, in the same quarter a year ago. The most recent quarter included 2 cents per ...
Related contentBaidu 4Q earnings up 48 percent as revenue climbs
3 hours ago ago from U.S. News
Baidu 4Q earnings up 48 percent as revenue climbs PHILADELPHIA (AP) -- Chinese Internet search company Baidu Inc. on Tuesday said its fourth-quarter earnings rose by 48 percent as revenue climbed. Results surpassed analyst expectations, sending the company's shares higher in aftermarket activity. During the fourth quarter, Baidu earned $62.7 million, or $1.80 per share, in the quarter compared with $42.3 million, or $1.22 per share, in ...
Related contentCognizant 4Q earnings jump 28 percent
13 hours ago ago from U.S. News
Cognizant 4Q earnings jump 28 percent TEANECK, N.J. (AP) -- Cognizant Technology posted surprisingly large numbers for profit and revenue Tuesday and topped the fourth-quarter report with a 2010 outlook that exceeded most expectations as technology spending rebounds. Company shares rose $1.74, or 4 percent, to $45.48 in premarket trading. Cognizant Technology Solutions Corp., which provides information technology outsourcing for other ...
Related contentCerner Corp 4Q Beats Street; 2010 View In-Line - FOXBusiness.com
3 hours ago ago from FOX Business
Existing users please login User Name: Password: Remember me on this computer Home / Markets / Industries / Health Care Tuesday, February 09, 2010 Cerner Corp 4Q Beats Street; 2010 View In-Line  By Kathryn Glass FOXBusiness  Cerner Corp. ( CERN ) ...
Related contentPulte Homes Narrows Loss
10 hours ago ago from The New York Times
Filed at 12:04 p.m. ET Pulte Homes Inc. said Tuesday its loss narrowed in its fourth quarter, and the nation's largest homebuilder expressed cautious optimism for housing demand this year. Pulte CEO Richard Dugas said job growth and improved consumer confidence will be needed for a meaningful rebound in new home sales this year. Possible obstacles include the expiration of two homebuyer tax credits, a rise in mortgage rates ...
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