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Tag: acquisition
Microsoft profits fall after Nokia handsets acquisition
2014-07-23 08:41:00| Telecompaper Headlines
(Telecompaper) Microsoft reported pressure on quarterly profits in its fiscal fourth quarter after completing the acquisition of Nokia's handset business. Earnings for the three months to June fell 7 percent from a year earlier to USD 0.55 per share, including a loss of USD 0.08 per share from the phone business. Revenues rose 18 percent year-on-year to USD 23.38 billion, with USD 1.99 billion coming from the former Nokia business, and operating profit improved 7 percent to USD 6.48 billion, with a loss of USD 692 million from the handset activities. Microsoft's revenue growth was otherwise supported by a recovering PC market, with Windows OEM revenue up 3 percent. Office 365 added another 1 million consumer subscribers in the quarter, and Bing increased advertising revenues by 40 percent. In the commercial market, server product revenues, including Azure, were up 16 percent, and Windows licensing volume rose 11 percent. Overal, consumer and device revenues increased 42 percent to USD 10.0 billion, and commercial revenues were up 11 percent to USD 13. billion.
Tags: fall
microsoft
nokia
acquisition
JBT FoodTech completes Stork ICS acquisition
2014-07-22 20:26:26| Beverages - Topix.net
The acquisition broadens JBT FoodTech's portfolio of in-container sterilization technologies to the canning, dairy, pharmaceutical and beverage industry.
Tags: acquisition
ics
completes
stork
Waters Corp. shares up on acquisition of 'iKnife' tech and Q2 earnings
2014-07-22 18:24:05| Electronics - Topix.net
The acquisition of technology to be used in a surgical tool called the "iKnife," as well as a quarterly financial report that beat analysts' expectations, helped boost shares of Waters Corp. this morning.
Tags: tech
corp
shares
acquisition
Woodlands energy company makes big acquisition
2014-07-22 02:48:02| Chemicals - Topix.net
The Woodlands-based Tetra Technologies Inc. is acquiring a major natural gas compression provider based out of Midland.
Tags: company
big
makes
energy
Heavily-Leveraged McClendon Seeks More Acquisition Cash
2014-07-21 18:32:00| OGI
McClendon is seeking another $2 billion for oil drilling.
Tags: cash
acquisition
seeks
seeks acquisition
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