| China Video Site Signs Deal to Legally Show Hollywood Films Ku6 Media has signed content deals with Sony Pictures Television and a major Hollywood studio. Sony Pictures Entertainment - Hollywood Los Angeles California - Arts - Business - Movies feeds.pcworld.com |
LG Tablet Delay a Bad Omen for Android Tablets LG's decision to delay its Android tablet may seem crazy, but LG might be crazy like a fox for not rushing to market with a version of Android that is not suited for tablet devices. Android - Tablet - Lg - Google - Handhelds feeds.pcworld.com |
Klipsch AudioRock Puts the Rock in ‘rock and Roll’ Finding an outdoor speaker that matches your garden or porch area can be tricky, as plastic and wires tend to clash with a natural setting. Klipsch's AudioRock... Business - Gardens - Audio - Public Speaking - Communications feeds.pcworld.com |
VMWare Reports Strong Earnings, But Stock Falls Wall Street Cheat Sheet submits: VMware (VMW) is the largest software company in virtualization infrastructure solutions. Its products allow companies to better use their server capacity, as well as help companies prepare for cloud computing. Most of VMware’s revenues are associated with virtualizing servers, however the company is also attempting to succeed in desktop virtualization. VMware serves 100% of the Fortune 100 and a majority of the Fortune 1000. The Company is over 80% owned by EMC Corporation (EMC). VMware is one of the fastest growing software companies, as virtualization is on the top of the list of spending priorities by most corporations. As such, expectations are quite high for the company and the company trades at an elevated P/E ratio of over 60x 2011 estimates. The stock has risen over 90% YTD.Complete Story » seekingalpha.com |
Infosys Beats Estimates on Broad-Based Growth Zacks.com submits: Infosys Technologies Limited (INFY) reported second quarter 2011 earnings per ADS from continuing operations of 65 cents, which surpassed the Zacks Consensus Estimate of 60 cents. Earnings increased by 14.0% sequentially and 16.1% year over year, led by growth in all areas and customer base. This was the first quarter in the last three years in which the company witnessed double-digit growth. Business DetailsTotal revenue for the quarter was $1,496 million, representing year-over-year growth of 29.6%. The company saw growth in retail and manufacturing, and also in energy and utilities. North America contributed 65.8% of revenues and Europe accounted for 21.8% of the same. The company derived 2.1% of its revenue from India and remaining 10.3% of total revenue was earned from rest of the world. The percentage of fixed price contracts was 39.9% in the quarter, an increase of 90 basis points from the prior quarter.Complete Story » seekingalpha.com |