Special Half Year Offer: Receive 25 complete issues of BusinessWeek Digital Edition for just $14.97!
Hewlett-Packard quarterly profit rises (Reuters)
Reuters - Hewlett-Packard Co, the world's biggest computer maker, reported a higher quarterly profit on Tuesday on strong international sales in its notebook computer and printer businesses.
Melbourne IT on track for profit growth
Online services provider Melbourne IT Ltd says it is on track to deliver growth in revenue and profit, after booking a 20 per cent lift in half year profit. 
Credit-Card Ills Weigh on Target
Target's profit fell 7.6% amid troubles in the company's credit-card business and a decline in same-store sales. Revenue overall rose 5.8%.
Gold Miners Post Profits
Australia's two largest gold producers reported net profits and higher revenue as record gold prices offset cost pressures.
Slumping economy takes toll on US...
The slumping US economy is taking its toll on retailers from luxury chain Saks to discounter Target, and everything in between.
08/19/08
Business news about Acquisition
Saks reports wider 2Q loss, shares...
Luxury goods retailer Saks Inc. reported a wider-than-expected loss for the second quarter on Tuesday and delivered a downbeat forecast for the year as its affluent customers...
Housing Downturn Hits Home Depot
Home Depot posted a 24% decline in quarterly net income amid continued pressure in the housing and home-improvement markets, but the retailer kept its full-year outlook unchanged.
Medtronic Keeps The Pace
Despite losing some ground in the stent market, the medical device maker pushed through with a strong quarter.
Radio webcaster Pandora may have to pull the plug
The service says hikes in royalty fees are eating away at its revenue. Pandora is one of the nation's most popular Web radio services, with about 1 million listeners daily. Its Music Genome Project allows customers to create stations tailored to their own tastes. It is one of the 10 most popular applications for Apple Inc.'s iPhone and attracts 40,000 new customers a day.
Monadelphous says prospects good
Monadelphous Group said capacity constraints would continue to provide uncertainty around construction revenues after it booked a 15 per cent rise in profit.
AGL annual net profit down by 44.2%
AGL Energy has posted a 44.2 per cent fall in its annual reported profit, but has maintained its guidance for underlying earnings for this year.
Mozilla drags IE into the future with...
Mozilla is developing a plugin for Internet Explorer that will add support for the HTML5 Canvas element. Microsoft's attempts to stifle adoption of open web standards could soon...
Casino shares drop on talk of Macau...
Reuters - Shares of casino operators fell
sharply on Tuesday amid concerns that the Chinese government
may act to curtail visits by mainlanders to Macau, the only
place in...
Shop Seeks Olympics Bounce
The Olympics are full of comeback stories. Advertising executive Tim Delaney hopes Beijing will be the stage for his own. He has some high-stakes new business -- a new ad for...
Medtronic 1Q profit jumps spine,...
AP - Medtronic says its fiscal first-quarter profit rose 11 percent on strong double-digit growth in its spinal and cardiovascular businesses.
Hewlett-Packard profit tops forecasts
Hewlett-Packard, the world's largest personal-computer maker, reported a 14% increase in third-quarter profit, beating analysts' estimates, as new designs attracted notebook...
08/19/08
Business news about Acquisition
Medtronic Posts 11% Net Increase
Medtronic posted an 11% rise in net income last quarter as the medical-devices maker continued to benefit from international sales and the launch of its Endeavor drug-eluting stent.
New Los Angeles Times Publisher Eddy Hartenstein asserts independence
The Southland native says he will have more latitude from Tribune bosses in Chicago. The Los Angeles Times' new publisher, Eddy Hartenstein, said Monday that the newspaper would operate with greater autonomy from its corporate parent in Chicago as it tried to reverse steep declines in circulation and revenue while overcoming the trauma of recent staff cuts.
PGG Wrightson tips solid annual result
PGG Wrightson has posted an 80 per cent increase in annual net profit to $73.2 million and the company indicated a solid result this year.
Is Content King Once More?
While social networks grab the limelight, small media sites, like Daily Candy, are attracting buyers.
08/20/08
Business news about Acquisition
Trina's Lukewarm Quarter
Solar company sees strong sales but earnings pale as rising costs squeeze its industry.
Medtronic 1Q profit jumps spine,...
Medtronic says its fiscal first-quarter profit rose 11 percent on strong double-digit growth in its spinal and cardiovascular businesses.
A Tax Revolt Is Quietly Brewing
While Americans are focusing on the presidential race, voters in Massachusetts and other states will decide the fate of dozens of state and local tax and spending issues. Here...
Post-Olympics Bust Unlikely For...
Analysts expect small-fry advertisers squeezed out by Games sponsors to support digital billboard company going forward.
08/19/08
Business news about Acquisition
Saks reports wider 2Q loss, shares...
AP - Luxury goods retailer Saks Inc. reported a wider-than-expected loss for the second quarter on Tuesday and delivered a downbeat forecast for the year as its affluent...
Need to know: Domino’s sandwiches...