Lenovo third-quarter net profit falls 67 pct, blames weak macroeconomic environment Lenovo third-quarter net profit falls 67 pct, blames weak macroeconomic environment:- Lenovo Group Ltd, the world's largest personal computer (PC) maker, on Thursday posted a 67 percent slide in third-quarter net profit, lagging analyst estimates, as supply constraints and […]
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Oreo maker Mondelez's sales, profit miss estimates Oreo maker Mondelez's sales, profit miss estimates:- Mondelez International Inc (MDLZ.O), the maker of Oreo cookies and Cadbury chocolates, reported lower-than-expected holiday-quarter sales and profit due to a strong dollar that eroded the value of sales outside the United States. The company, which […]
Seagate forecasts third-quarter revenue above estimates Hard-disk drive maker Seagate Technology Plc forecast current-quarter revenue above estimates, buoyed by strong demand for its cloud-based storage products. Shares of the company, which also posted higher-than-expected second quarter profit and revenue, soared 13.7 percent to $42.56 in after-market trading on Tuesday. Seagate […]
