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Weak Economy Sets Tech Q2 Earnings Off To Rough Start

Shares of Intel fell afterwards market technology firms Gartner and IDC said global personal computer shipments slowed in Q2, declining 0.1% from '11. IDC said consumers are hesitant to buy new PCs because of the weak economy and this fall's Microsoft's Windows 8 launch. Intel shares fell ...

The India-based provider of information innovation services said EPS rose 9% to 73 cents, in line with views. However sales rose only 4.8% to $1.75 bil, below views of $1.77 bil. Infosys expects '13 full-year EPS of $3.03, pursuant to this agreement analyst views of $3.09. It expects revenue of $7.34 bil, below the ...

Baidu dominates China's online search market, the world's largest, nevertheless the stock has foundered recently amid concerns that advertising revenue will dry up as the economy slows. The company is expected to announce July 23 that profit for the second quarter ended in June rose 51% from a year ...

Forget cloud computing and Big Data. Carlisle Cos. makes things you can see or touch: commercial roofing, specialty tires, farm-machinery brakes, food service cookware. Those and other niche products added up to more than $3.2 billion in sales last year. With commercial replacement roofs ...

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