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Profit Warning And Poor Forecast From Ericsson
News Swedish telecoms equipment maker Ericsson joined rival Motorola in issuing a profit warning Monday, as it announced it was expecting to make a loss for the first quarter of this year. Market leader Nokia declined to comment last week on rumours...
[March 13, 2001, 8:18]
Cisco Posts Profit Warning
News Cisco Systems announced a profit warning for its third quarter as sales of networking equipment to businesses and telecommunications carriers continue to slump. The magnitude of the warning may turn a few heads, Sagawa said.
[April 17, 2001, 7:26]
Sony Ericsson Issues Stark Profit Warning
News Sony Ericsson has issued a profit warning a month ahead of its first-quarter results, blaming a "challenging" mid-to-high-end handset market in Europe. The warning comes little more than a week after chipmaker Texas Instruments said it was lowering...
[March 19, 2008, 13:39]
Corel Plunges After Profit Warning
News Corel, which recently hit a 52-week high of 44 1/8 fuelled by Linux hype, fell 4 13/16 to 13 3/4, or 25 percent, after it shocked investors Wednesday with a profit warning. The latest profit warning is bad news for investors who bought into Corel...
[December 23, 1999, 10:49]
Intel Profit Warning Hits Weak UK Markets
News A profit warning from Intel Thursday night hit UK high-tech shares hard Friday, but it was just the latest bad news for British tech and telecoms companies, which have watched their shares slump over the last few weeks.
[September 22, 2000, 10:32]
Another Profit Warning For Lucent
News Analysts surveyed by First Call lowered their initial profit estimate from 42 cents a share to 27 cents a share following the July warning. Ahead of the warning, Lucent shares closed off $1 to $31.31.
[October 11, 2000, 10:19]
Compaq Shares Plunge On Profit Warning
News First Call's survey of 33 brokerage firms predicted a profit of 31 cents per share. Compaq shares were down 7 13/16 to 23 1/8, or 23 percent. After the bell Friday, Compaq said it expects to report earnings of 15 cents per share, or less than half...
[April 12, 1999, 14:29]
EMachines Issues Profit Warning As Demand Sinks
News EMachines, which plays in the volume-driven low-cost PC sector, reported a surprise profit in its first quarter as a public company. The company indicated it gained some market share, but couldn't profit from the gains.
[June 19, 2000, 14:47]
Verity Shares Rattled After Profit Warning
News According to First Call, Verity was expected to post a profit of 13 cents a share. Shares of infrastructure software company Verity tumbled on Thursday after the company said it will post a first-quarter loss because of the "pressures of a...
[August 9, 2001, 17:32]
Vodafone Shares In Profit Warning Dive
Blog Vodafone's shares took quite a knock today, after the operator issued its interim management statement for the second quarter of this year. A year which, as chief executive Arun Sarin put it, constitutes a "challenging operating environment".
[July 22, 2008, 16:52]
Iomega Slips On Latest Profit Warning
News Shares fell 3/8 to 4, or 9 percent, in early trading. The company is forecasting losses in the range of 5 cents to 10 cents per share on lower revenues. And that projection excludes a second quarter charge.
[June 18, 1999, 16:19]
The Day Ahead: Weakened Apple A PC Price War Casualty
News Apple became the latest PC vendor to deliver a whopper of a profit warning. Apple issued a profit warning for its fiscal fourth quarter and then failed to meet its lowered goal. Apple chief financial officer Fred Anderson indicated that the company...
[December 6, 2000, 12:54]
Wall Street Abandons PC Stocks
News Gateway's fourth quarter profit warning discouraged analysts so much that many of them now liken PCs to TVs, a commodity business that investors should avoid. So why would a profit warning from the consumer-oriented Gateway rattle so many analysts?
[November 30, 2000, 16:02]
Oracle Setting Its Sights On Intec?
News After issuing a profit warning last week, Intec, the UK supplier of support systems for telecoms and other services, has now denied that it is in takeover talks with Oracle. In its earlier profit warning, the AIM-listed company said it was revising...
[November 27, 2006, 13:36]
The Day Ahead: Dell Tries Wall St. Balancing Act
News After its second profit warning in two quarters, the company is trying to talk down analysts' expectations while still looking like the cream of the PC sector. Gateway said just about the same thing a few weeks ago when it issued a profit warning.
[January 27, 2000, 11:47]
US Report: Adobe Earnings Even Worse Than Promised
News Nasdaq:ADBE) promised a disastrous third quarter when it issued a profit warning last month and it kept its word. Prior to the profit warning, First Call consensus expected Adobe to earn 50 cents a share in the quarter.
[September 11, 1998, 8:52]
The Day Ahead: DoubleClick May Win Expectations Game
News Commentary: Hey, DoubleClick's profit warning could have been worse. Following DoubleClick's warning, you may even see an "Intel effect", a profit warning that almost comes as a relief since everyone expected it anyway.
[December 12, 2000, 12:43]
The Day Ahead: Is Apple's Fairy Tale Over?
News We've clearly hit a speedbump," he said following Apple's fiscal fourth quarter profit warning. Many analysts reluctantly hopped on the Apple bandwagon and could use the company's profit warning as an excuse to jump off.
[September 29, 2000, 12:04]
Analyst Calls For Major Surgery To Save PC Industry
News After watching profit warning after profit warning from major PC makers in recent weeks, Neff said the industry is at a "critical stage". Bear Stearns PC analyst Andrew Neff fired off what he called a "manifesto", Tuesday recommending massive and...
[January 17, 2001, 7:52]
Mobile Phones: Is The Party Over?
News It's primarily because of [Nokia's profit warning], and also the noise in the market in the last two or three weeks that the semiconductor cycle is close to peaking or has already peaked," said Sudeep Balain, senior technology analyst for Chase H&Q.
[July 28, 2000, 11:01]
