Swedish wireless equipment maker Ericsson reports drop in Q1 profits, sales down

Ericsson reports 26 pct drop in Q1 profits
STOCKHOLM – Swedish wireless equipment maker LM Ericsson AB on Friday reported a 26 percent drop in first-quarter net profits, with worse-than-expected sales and large restructuring costs weighing on the results.
Net profit for the three months ended March 31 came to 1.3 billion kronor …. Original article  : Swedish wireless equipment maker Ericsson reports drop in Q1 profits, sales down.

New Maruti Wagon R 2010 Launched

DELHI, INDIA (GaeaTimes.com)- New Maruti Wagon R 2010 hits the Indian market with great pomp and show as the newest member of the New Maruti Wagon R 2010 A2 segment. Decked up with a mighty and highly efficient 998 cc engine and the award winning superior suspension technology, this car is all ready to hit … Original source on Gaea Times at : New Maruti Wagon R 2010 Launched.

Top 5 Questions to Ask Before you Buy Project Management Software=-

You should ask some questions before you buy project management software programs. This article lists the type of questions that should help you buy project management software.

What type of HW and SW platforms you are going to use: You have to make sure that the project management software runs on your computer system. The …. Source article on Gaea Times at  : Top 5 Questions to Ask Before you Buy Project Management Software=-.

Strong Windows sales drive Microsoft’s 3rd-quarter but investors not satisfied

Microsoft profit jumps 35 pct but investors shrug
SEATTLE – A global rise in computer shipments that helped carry Microsoft Corp.’s net income 35 percent higher in the most recent quarter wasn’t enough to satisfy investors who were looking for a bigger boost from recovering business spending.
Microsoft’s Windows division reported strong consumer demand but …. Source  : Strong Windows sales drive Microsoft’s 3rd-quarter but investors not satisfied.

Summary Box: Microsoft 3rd-quarter net income rises 35 percent, helped by Windows 7 sales

Summary Box: Microsoft 3Q net income up 35 pct
THE NUMBERS: Microsoft Corp. earned $4.01 billion, or 45 cents per share, on $14.5 billion in revenue. The world’s largest software maker beat Wall Street’s expectations on both measures.
THE STANDOUT: Windows 7, Microsoft’s newest PC operating system, helped push the Windows division’s revenue up 28 …. Source  : Gaea News Network.

Chip maker STMicroelectronics posts 1Q profit as revenue soars 40 percent

STMicroelectronics posts 1Q profit, revenue soars

GENEVA – STMicroelectronics NV posted a profit for the first quarter while revenue soared by 40 percent, as the economic recovery led to increased demand for its products across the board.
But the results fell short of analysts’ expectations and the company’s shares tumbled in after-hours trading.
The chip maker, whose semiconductors …. Original article on Gaea Times at  : Chip maker STMicroelectronics posts 1Q profit as revenue soars 40 percent.

On the Call: Microsoft CFO Peter Klein on the state of business spending on technology

On the Call: Microsoft CFO Peter Klein
SEATTLE – Microsoft Corp.’s 35 percent increase in net income didn’t satisfy investors who were looking for more optimism around the state of corporate spending on technology.
During the economic downturn, businesses stopped replacing old computers, software and other aging technology. Results from Intel Corp., IBM Corp. and …. Source  : On the Call: Microsoft CFO Peter Klein on the state of business spending on technology.

On IPO market’s busiest day since Nov ‘07, stocks mostly slide and capital raises fall short

IPO market buzzing, but that doesn’t mean health

NEW YORK – The IPO market staged a revival Thursday as six companies went public – the busiest day in more than two years. But it was a disappointing comeback as most raised less than they had shot for and their shares either slid or sputtered.
The bottom line: … Read more >>>.

CenturyTel to buy Qwest for $10B+, uniting shrinking phone companies in hopes of saving money

CenturyTel, seeking scale, to buy Qwest for $10B+

NEW YORK – CenturyTel Inc., the country’s fifth-largest local-phone company, plans to buy the third-largest, Qwest Communications International Inc., in a stock deal worth more than $10 billion so the companies can try to better deal with the dark future of the landline phone business.
The number of landlines …. Source  : Gaea News Network.

Amazon profit leaps 68 percent as consumer spending rises but revenue outlook sends stock down

Amazon profit up 68 pct; outlook scares investors
SAN FRANCISCO – Amazon.com Inc. said Thursday that its first-quarter profit surged 68 percent, showing that consumers are even more comfortable opening their wallets to the online retailer as the economy slowly improves. But investors were spooked by Amazon’s forecast for the current quarter and … Read more »»».

Applied Industrial Tech posts better-than-expected 3Q profit, raises full-year outlook

Applied Industrial Tech’s 3Q profit jumps 43 pct

CLEVELAND – Industrial parts distributor Applied Industrial Technologies Inc. said Thursday its fiscal third-quarter profit rose a better-than-expected 43 percent, and raised its expectations for the year.
The company said that while year-ago comparisons were relatively easy to improve upon, it was encouraged to see “broad-scale activity” in the … Read this article on Gaea Times at : Applied Industrial Tech posts better-than-expected 3Q profit, raises full-year outlook.

Microsoft 3rd-quarter net income rises 35 percent, helped by strong Windows sales

Microsoft 3Q net income up 35 percent
SEATTLE – An improvement in corporate spending on computers helped Microsoft increase its net income 35 percent in the most recent quarter, but investors wanted even stronger signals of a recovery and sent Microsoft shares down sharply in after-hours trading Thursday.
For the January-March fiscal third …. Original source  : Microsoft 3rd-quarter net income rises 35 percent, helped by strong Windows sales.

At a glance, how telecom-industry earnings underscore saturation in wireless market

A look at telecom-industry earnings for 1Q
Here is a summary of earnings reports for selected telecommunications companies and what they reveal about the industry’s prospects:
Wednesday: AT&T Inc. says it added a net 512,000 wireless customers under contracts during the first quarter. That’s down 43 percent from a year ago and represents the lowest … Read this article on Gaea Times at : At a glance, how telecom-industry earnings underscore saturation in wireless market.

Summary Box: CenturyTel to buy Qwest, uniting shrinking phone companies

Summary Box: CenturyTel to buy Qwest
MAKING A CONNECTION: CenturyTel Inc., the country’s fifth-largest local-phone company, plans to buy No. 3, Qwest Communications International Inc. Qwest stockholders would get CenturyTel shares that were worth $10.6 billion when the deal was announced Thursday.

WHY NOW: The companies hope that combining their businesses lets them reduce overhead and improve … Read : Summary Box: CenturyTel to buy Qwest, uniting shrinking phone companies.

Clinton: Any reductions in US nukes in Europe should be tied to disarmament moves by Russia

Clinton rules out early end to US nukes in Europe

TALLIN, Estonia – U.S. Secretary of State Hillary Rodham Clinton is ruling out an early removal of the last remaining U.S. nuclear weapons in Europe.
She told a NATO meeting that any reduction in the U.S. force – which is estimated to total about 200 bombs designed … Read the original article on Gaea Times at : Clinton: Any reductions in US nukes in Europe should be tied to disarmament moves by Russia.

Facebook Announced Three New Components at f8 conference to Make the Connections-based Web more Real

Facebook is expected to announce three new components at the f8 conference to make web more real and those tools?? are social plugins, the Open Graph protocol, and the Graph API. The new plugins will deliver two innovative concepts. 1>The web is moving towards model based on the connections between the users and … Read this article on Gaea Times at : Facebook Announced Three New Components at f8 conference to Make the Connections-based Web more Real.

CenturyTel to buy Qwest for $10.6B, uniting shrinking phone companies in hopes of saving money

CenturyTel, seeking scale, to buy Qwest for $10.6B

NEW YORK – CenturyTel Inc., the country’s fifth-largest local-phone company, said Thursday that it will buy Qwest Communications International Inc., the third-largest, in a stock swap worth $10.6 billion to gain the benefits of scale in a shrinking business.
The combined company would have about 17 million phone lines …. Source article  : CenturyTel to buy Qwest for $10.6B, uniting shrinking phone companies in hopes of saving money.

CenturyTel purchase of Qwest likely to get approval from federal regulators

Regulators likely to okay Qwest, CenturyTel deal

WASHINGTON – Analysts say CenturyTel Inc.’s proposed purchase of Qwest Communications International Inc. is likely to be approved by federal regulators – perhaps with some conditions attached – because the companies operate mostly in different markets.
CenturyTel on Thursday announced plans to buy Qwest in a stock swap valued at …. Source  : CenturyTel purchase of Qwest likely to get approval from federal regulators.

How to fix Windows XP PCs affected with McAfee Update

McAfee Update was at the center of frenzy today affecting unestimated numbers of PCs running Windows XP worldwide, still not estimable. The buggy security patch DAT update 5958?? that the deletes the svchost.exe file, hits a false positive setting off uncontrolled restarts and loss of networking functionality. Those using Windows 7 or Windows Vista …. Read the original article  : How to fix Windows XP PCs affected with McAfee Update.

Is charred bread toast? Transparent toaster lets you watch your bread brown

See-through model pops up in toaster market

SAN FRANCISCO – From the Department of Things You Did Not Know You Needed comes… the see-through toaster.
The Magimix Vision toaster, which has glass sides so you can watch your bread brown, is being introduced at Williams-Sonoma stores nationwide this spring.
And at $299.95 a pop, this device takes some … Read the original article on Gaea Times at : Is charred bread toast? Transparent toaster lets you watch your bread brown.