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12:33am
Acer seeks fresh market muscle
...much stronger than the competition in the US, and much stronger than the competition in China”.Acer said on Tuesday that revenue during 2009 rose 5 per cent to $17.9bn (£11.4bn, €12.9bn). After tax profit, excluding investment disposal... By Robin Kwong in Taipei
12:31am
Disney chief hails potential of iPad
...growth buoyed the performance of Disney Channel, while ESPN continued to defy the economic downturn with improved advertising revenue, which was offset by higher programming costs.There has been little sign of an advertising rebound at ABC, with the company... By Matthew Garrahan in Los Angeles
2:00am
NYSE Euronext shares rise 7.6% as derivatives trading drives profits
...Duncan Niederauer, chief executive, said: "Our fourth-quarter and fullyear results were solid, reflecting growing revenue and earnings power driven by our new businesses and our continuing efforts to harmonise our technology infrastructure and trading... By Jeremy Grant in London and Michael Mackenzie n New,York
2:00am
Disney chief hails potential of iPad
...growth buoyed the performance of Disney Channel, while ESPN continued to defy the economic downturn with improved advertising revenue, which was offset by higher programming costs.There has been little sign of an advertising rebound at ABC, with the company... By Matthew Garrahan in Los Angeles
2:00am
Rio steers clear of mining experts
...recruit Robert Brown has a background in aerospace as chairman of Groupe Aeroplan, after retiring from flight simulation group CAE Inc following 16 years at Bombardier. He has much in common with former BA chief Sir Rod Eddington who sits on the 10-strong Rio... By Emiliya Mychasuk and Emiko Terazono
2:00am
Looming commercial real estate crisis offer 'bonanza'
...said: "We've come off the precipice and moved back into more healthy territory."Credit markets had come back sharply in a V-shaped recovery, he said. "It was the best period for buying distressed debt we have seen . . . 18 months ago we were backing... By Martin Arnold in Berlin
2:12pm
Derivatives drive NYSE Euronext profit
...quarter and full-year results were solid, reflecting growing revenue and earnings power driven by our new businesses and our continuing...the company-listings business make up 17 per cent of group revenue, compared with 22 per cent at rival Nasdaq OMX. On costs... By Jeremy Grant in London and Michael Mackenzie n New York
10:20pm
Diller plays down Ask.com sale speculation
...organisation”. IAC on Tuesday announced revenue and profit for the fourth quarter ahead...analysts’ expectations of 17 cents.Revenue rose 5 per cent to $367.2m, topping...results at its core search business, where revenue rose 5 per cent, investors have punished... By Kenneth Li in New York
8:18pm
Patsystems benefits from rapid growth in Asia
...flat and meant the region accounted for 29 per cent of total revenue, down from 35 per cent a year ago.The region has seen...and North America.Beneficial currency movements helped raise revenue for the year to December 31 at Patsystems by 13 per cent to... By Philip Stafford
February 9, 2010
Chipping into the FTSE 100
...Mr East remains mindful of the challenges, including vulnerability to mobile phone sales, which provide 62 per cent of revenue, and competition from goliaths such as Intel. He has lived through downturns, becoming CEO just after the dotcom bust. Born in Aberdeen to a Welsh mother and Australian father, he went to Monmouth School and read engineering science at Oxford. He joined Texas Instruments in 1983, where he worked on software for phone systems.After studying for an... By Emiliya Mychasuk and Emiko Terazono