May 19 2013 18:59 BST Apple faces grilling over US tax rateApple would have paid a tax rate of about 15 per cent last year, far below the 25.2 per cent it reported, had it not used a form of reserve accounting that sets it apart from other big US technology companies. The rare accounting treatment has helped to distract attentionBy Richard Waters in San Francisco |
May 19 2013 14:43 BST The Week Ahead: May 20 - May 26Diary commentary from FT reporters; data and company announcements, unless otherwise stated, from Thomson Reuters. Company announcements are of information publicly available before last week. < The tabular content relating to this article is not available to view. Apologies in advance for the inconvenience caused. > Earnings Campbell Soup Q3 |
May 13 2013 18:41 BST Blinkx beats estimates after hitting 18-month highShares in Blinkx, the video advertising company spun out of Autonomy, hit an 18-month high on Monday, after its full-year results beat analysts' expectations. Revenues rose 73 per cent to $198m in the 12 months to March 2013, while adjusted pre-tax profit more than doubled to $24.6m. "What you seeBy Henry Mance |
May 08 2013 21:29 BST HP and Autonomy: how to lose $8.8bnMaking $8.8bn disappear is not easy. Hewlett-Packard managed it, and quickly, when it bought the information management software company Autonomy in 2011 for $11.6bn and wrote off 80 per cent of the purchase price a year later. HP's history is rife with self-inflicted injury and the Autonomy affair is, inBy Robert Armstrong and Stuart Kirk |
May 08 2013 19:43 BST Microsoft has just blown its oldest trickIn the browser wars that began in the 1990s, it took more than a decade for regulators to stop Microsoft exploiting its dominance with users of Windows software. In today's mobile battles, customers have done so themselves in six months. Microsoft's rapid retreat over Windows 8 - the latest, mobile-inspired,By John Gapper |
May 03 2013 18:21 BST Beware the Torres effect in executive payFernando Torres scored 81 goals in 142 games for Liverpool FC. In 2011, he was sold to Chelsea, netting his former employer a rumoured £50m and him a reported £140,000 or thereabouts per week. In Chelsea blue, the Spaniard has scored 32 goals in 125 games, a loss of formBy Jonathan Eley |
Apr 22 2013 14:45 BST UK tech groups reach out to US investorsSeveral British technology companies are seeking to increase the proportion of their shares held by US investors, amid continuing frustration at the attitude of London-based funds towards the sector. The FTSE Techmark index is about 45 per cent above its pre-crisis peak, while the broader market trades at 2007 levels.By Henry Mance |
Apr 12 2013 21:38 BST Wall Street down after strong weekA batch of poor economic data sparked a mild retreat on Wall Street on Friday even as JPMorgan Chase and Wells Fargo reported strong quarterly results, capping off a week marked by otherwise robust gains with losses. The S&P 500 declined 0.3 per cent to 1,588.86 on Friday, wiping offBy Arash Massoudi in New York |
Apr 11 2013 15:21 BST Microsoft losses slow Wall St progressMicrosoft tumbled in early activity on Thursday as investors reacted to a report that said the PC market shrank nearly 14 per cent in the first quarter partly due to the failure of the company's latest operating system to reboot the market. Shares in Microsoft, which received downgrades from analystsBy Arash Massoudi in New York |
Apr 10 2013 20:09 BST Inside Business: HP's Project MoonshotIt's amazing what a share price bump can do for the image of a struggling company. Hewlett-Packard's stock has finally picked itself up off the floor and dusted itself off, nearly doubling since its November low. Suddenly, Meg Whitman's long-shot attempt at pulling off a turnround at Silicon Valley's mostBy Richard Waters |
