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SAP Sees Cloud Growth Accelerating
2013-07-18 14:35:00| TechWeb
SAP's Q2 results highlight faster-than-expected adoption of SaaS. Are "core" Business Suite apps ready for the cloud?
Verizon sees profit rises on pension gain; adds 1M customers
2013-07-18 13:39:16| CNET News.com
Excluding the pension benefit, Verizon posted per-share earnings that slightly topped expectations, although revenue was a hair on the light side. [Read more]
Tags: customers
gain
profit
adds
Nokia meets Q2 outlook, sees sales improving in Q3
2013-07-18 12:00:00| Telecompaper Headlines
(Telecompaper) Nokia continued to show improvement in its underlying results in the second quarter, meeting its outlook for stronger sales of its Lumia smartphones and a small operating loss at its main handset division. Sales were still down 24 percent from a year earlier to EUR 5.695 billion, while the adjusted operating result improved to a profit of EUR 303 million from a loss of EUR 325 million a year ago. The net loss narrowed to EUR 0.06 per share from EUR 0.38 a year earlier. The Devices & Services division posted a 32 percent annual decline in sales to EUR 2.724 billion, but met the outlook for a negative adjusted operating margin of around 2 percent, with a result of minus 1.2 percent. This was an improvement from minus 9 percent a year earlier but down from a positive 0.1 percent in Q1. Lumia sales accelerated, with a 32 percent sequential increase in volumes to 7.4 million units shipped in the quarter. Sales of feature phones were still down 4 percent from the previous quarter to 53.7 million units, but Nokia said it saw some signs of recovery in the latter part of the quarter when it started to ship the new Asha 501. Nokia said it expects the Devices & Services margin to remain around minus 2 percent in Q3, as it ramps up spending to promote new phones. The new products are expected to support sequential growth in the division's sales in Q3. The company also announced plans to accelerate cost reductions at Nokia Siemens Networks, following the recent agreement to take 100 percent control of the network equipment maker.
Tags: sales
nokia
meets
improving
TEPCO sees steam but no crisis at nuclear plant
2013-07-18 10:21:31| Energy - Topix.net
The operator of Japan's crippled nuclear plant says steam appears to be coming from a reactor building but radiation levels are steady.
Tags: plant
crisis
nuclear
sees
UK: Heineken sees UK ad complaints upheld
2013-07-17 15:23:00| Daily beverage news and comment - from just-drinks.com
The UK arm of Heineken has been admonished by the country's Advertising Standards Authority for a television advert that ran earlier this year.
Tags: sees
complaints
upheld
heineken
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