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Profit Warnings Rife Among Hardware Suppliers
News One in eight UK-based hardware suppliers have issued profit warnings in the last three months, according to Ernst & Young. Most profit warnings were brought about by contracts being delayed, and the majority were issued by smaller companies, the...
[October 16, 2006, 12:50]
Profit Warnings Cloud Tech Earnings Season
News Meanwhile, Wall Street has to digest a slew of profit warnings. And we can't forget other recent profit warnings from companies such as ParametricTechnology and Corel, which misses more quarters than it makes.
[January 7, 2000, 10:48]
IT Sector Sees Increased Profit Warnings
News Profit warnings among software and IT services companies are on the increase as market conditions force customers to tighten their belts. Research by Ernst & Young shows profit warnings in the software and computer services sector of the FTSE share...
[April 15, 2008, 9:56]
Cable & Wireless Switches Chiefs
News The chief executive responsible for issuing four profit warnings and cutting thousands of staff at troubled telecom group Cable & Wireless is to leave the company on 4 April. During his period at Cable & Wireless, Wallace issued four profit...
[April 2, 2003, 17:58]
The Day Ahead: Why Boring Big Blue Is Beautiful Again
News Commentary: It took a ton of profit warnings from tech companies, $6.7bn in share repurchases and a bear market, but boring IBM looks pretty good these days. IBM's typical plodding these days looks great -- 6 percent sales growth isn't bad when IT...
[January 18, 2001, 13:43]
The Day Ahead: Dot Com Dominoes
News Net services firms are dishing out profit warnings this week as dot-com clients struggle to pay the bills, but these once-ballyhooed companies are just the latest victims of the dot-com domino effect.
[September 7, 2000, 11:21]
UPDATE: Oil Price Fears Hit Tech Stocks
News Share prices took a hammering Thursday, in reaction to increased tension in the Middle East, shortly after profit warnings from major high-tech companies. An overall downturn in technology stocks was worsened by recent third quarter profit warnings...
[October 13, 2000, 10:18]
Microsoft Warns Of Q2 Profit Shortfall
News Software giant Microsoft on Thursday joined the growing list of tech companies issuing profit warnings. The technology sector has been hit hard recently by earnings warnings. Thus, earnings warnings for the company are fairly rare.
[December 15, 2000, 7:56]
Yahoo!, Intel Earnings On Deck
News It didn't help matters that both Gateway and Lucent issued profit warnings, essentially saying they were unable to meet demand in their latest quarters due to a lack of components. While it's never good to have bellwethers like Gateway and Lucent...
[January 10, 2000, 8:50]
UK Markets Near Year Lows
News DCS was one of the tech high-flyers in early 2000, with a share price above 2,000p, but profit warnings and weak results have seen its price slump to around 100p. Warnings after-hours on slowing fourth quarter sales from two industry leaders...
[November 30, 2000, 15:03]
The Day Ahead: Techs Bullish On Earnings Season
News Advanced Micro Devices, which has had a history of profit warnings, said its first quarter sales will top $1bn (£620m). So far, profit warnings have only accounted for 43 percent of the total number of preannouncements.
[April 10, 2000, 11:44]
AMD Blames Intel For Sales Plunge
News Analysts have been trimming their estimates on AMD in light of profit warnings from PC makers such as Compaq Computer, Gateway and the price war with Intel. Unlike other tech companies that have issued profit warnings, AMD didn't blame the 11...
[October 8, 2001, 10:12]
The Day Ahead: AMD Gets Praise, But Will It Translate Into Profits?
News The company issued no less than three profit warnings in the first quarter of last year, each time lowering its sales estimates and raising its anticipated losses. Profit warnings became a way of life for the company.
[March 7, 2000, 11:46]
A Kinder, Gentler Wall Street?
News Wall Street's reputation for punishing companies that issue earnings warnings was tarnished in the past week as shares of three tech companies climbed even after investors were warned that revenue and profits will fall short of expectations.
[December 13, 2000, 10:47]
News Roundup: What's On The Cards For Chipmakers?
News October is a crucial period for microchip companies, with several major manufacturers releasing their earnings within the space of a few days against a background of profit warnings and sliding stocks.
[October 17, 2000, 15:07]
Software Sector UK's Worst Performing In 2007
News The research by Ernst & Young covered all listed companies in the UK and found 56 profit warnings from 43 companies in the software and computer-services sector. Delays or discontinued negotiations were the most common reasons for the warnings...
[January 17, 2008, 7:48]
UK IT Firms Set Off Profit Alarms
News Delays in contract negotiations have caused profit warnings to triple this year for UK software and computer services companies, according to new figures from Ernst & Young. Although the number of companies that issued warnings is relatively low...
[April 10, 2006, 16:45]
The Day Ahead: There's A Bright Side To Plunging Expectations
News Tech companies' profit and sales warnings are accelerating and Wall Street just isn't shocked anymore. Just a week earlier, rival Altera, which also makes programmable logic devices, issued a profit warning and shares were creamed as investors bailed.
[December 11, 2000, 12:33]
Tech Stocks Take Another Battering
News Profit warnings, profit taking and nagging concerns about interest rates were mainly responsible for the tech sector's decline. Lucent lost 3 3/8 to 69 but could lose even more ground after issuing a first-quarter profit warning after the bell.
[January 7, 2000, 11:15]
The Day Ahead: Citrix Hopes To Take First Turnaround Steps
News Amid the flood of profit warnings from high-tech companies, there wasn't a peep out of Citrix in recent weeks. Citrix, whose software allows customers to run any application over any device, was pummelled in the second quarter after the company...
[October 16, 2000, 12:23]
