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Between a Rock and a Hard Place: Harman International Drops to 5-Year Low

On Thursday, August 14 after-hours, Harman International Industries, Inc. (HAR) reported Q4 net income of $31.7 million or $0.54 per share on $1.07 billion in revenue vs. $105 million or $1.58 per share a year ago, down 70% (see earnings call transcript). Excluding items (restructuring, merger and tax related), HAR reported $0.68 per share vs. $0.98 per share a year ago, down 31%. Analysts expected $0.77 per share, widely missing expectations by $0.09 per share. Share on August 12 opened at $38.60, 10% lower, and drifted down throughout the day, closing at $37, down $6 or 14%.

India spamming, and how

BANGALORE: India is the 7th largest spam sender in the world, according to Trend Micro Incorporated, a global leader in Internet content security. India is the leader among Asian countries in spam, accounting for more than 4 per cent of the total global spam. It is ahead of other Asian countries such as China (3.39 per cent), Republic of Korea (2.57 per cent) and Thailand (2.04 per cent).

GameStop earnings per share nearly triple

said Thursday that second-quarter earnings were $57.2 million, or 34 cents a share, compared to $21.8 million, or 13 cents a share, in the year-ago period. GameStop sales increased 35% to $1.8 billion compared to $1.3 billion in the prior-year quarter. Analysts polled by FactSet estimated, on average, earnings per share of 28 cents on sales of $1.7 billion. Full-year earnings per share are now forecast to range from $2.45 to $2.50. Same-store sales are projected to increase between 12% and 14% for the full year, with total sales growing between 23% and 25%. End of Story

Online air travel sales up 44 per cent

Revenues and profits from China's online travel business rose strongly in the second quarter of the year, the country's largest online travel agent reported. Ctrip.com saw quarterly revenue rise by 30 per cent to $55m, compared to the same period one year earlier. Net profits were up 34 per cent over the same period, reaching $17m.

Online air travel sales up 44 per cent

Revenues and profits from China's online travel business rose strongly in the second quarter of the year, the country's largest online travel agent reported. Ctrip.com saw quarterly revenue rise by 30 per cent to $55m, compared to the same period one year earlier. Net profits were up 34 per cent over the same period, reaching $17m.

Online air travel sales up 44 per cent

Revenues and profits from China's online travel business rose strongly in the second quarter of the year, the country's largest online travel agent reported. Ctrip.com saw quarterly revenue rise by 30 per cent to $55m, compared to the same period one year earlier. Net profits were up 34 per cent over the same period, reaching $17m.

Online air travel sales up 44 per cent

Revenues and profits from China's online travel business rose strongly in the second quarter of the year, the country's largest online travel agent reported. Ctrip.com saw quarterly revenue rise by 30 per cent to $55m, compared to the same period one year earlier. Net profits were up 34 per cent over the same period, reaching $17m.

Online air travel sales up 44 per cent

Revenues and profits from China's online travel business rose strongly in the second quarter of the year, the country's largest online travel agent reported. Ctrip.com saw quarterly revenue rise by 30 per cent to $55m, compared to the same period one year earlier. Net profits were up 34 per cent over the same period, reaching $17m.

Online air travel sales up 44 per cent

Revenues and profits from China's online travel business rose strongly in the second quarter of the year, the country's largest online travel agent reported. Ctrip.com saw quarterly revenue rise by 30 per cent to $55m, compared to the same period one year earlier. Net profits were up 34 per cent over the same period, reaching $17m.

Pay Per Results And Pay Per Enquiry - Changing The Face Of SEO

Broadband Service Provider Trident SR Sdn. Bhd.

Report: Apple Selling 95 iPhones Per Store, Per Day

To Purge Or Not To Purge Your Data

Lucas123 writes "The average company pays from $1 million to $3 million per terabyte of data during legal e-discovery. The average employee generates 10GB of data per year at a cost of $5 per gigabyte to back it up — so a 5,000-worker company will pay out $1.25 million for five years of storage. So while you need to pay attention to retaining data for business and legal requirements, experts say you also need to be keeping less, according to a story on Computerworld. The problem is, most organizations hang on to more data than they need, for much longer than they should. 'Many people would prefer to throw technology at the problem than address it at a business level by making changes in policies and processes.'"

Earnings: DivX Q2 Near High End; Outlook In Line

Digital video technology firm DivX (NSDQ: DIVX) has announced Q2 revenue of $21.3 million, up 16.6 percent from last year. Net income jumped to $1.67 million ($.05 per share) from $1.0 million ($.03 per share). Set against a self-provided chart of quarterly expectations, the key numbers all came in high. Adjusted EPS of $.11 per share is slightly ahead of estimates. For the full year, the company is anticipating revenue of $95-$100 million, which is right around current census estimates of $98 million. The company says it’s seeing traction in emerging areas such as mobile and gaming.

ICICI Bank, HDFC Bank lead ADR fall

With nervous investors continuing their heavy selling, Wall Street witnessed one of the worst meltdowns in recent memory. The Dow Jones Industrial Average plummeted 18 per cent for the week, pushing the index to five-year lows. The broad-market S&P-500 crashed 18.2 per cent – its worst week in 75 years – and the technology-heavy Nasdaq composite tumbled 15.3 per cent.

Amazon Restructures S3 Price Structure

Amazon Web Services will introduce a sliding scale price structure for its Simple Storage Service (S3) beginning Nov. 1. Companies with large data requirements will get discounts, rather than having to pay a flat fee for each gigabyte stored. The first 50TB of storage will run 15 cents per gigabyte per month. For the next 50TB, the price is 14 cents per gigabyte.

No more Twitter by text for UK

Twitter FailwhaleMicroblogging service Twitter is downgrading its service for users in the UK. Brits, who were previously limited to receiving 250 texts a week, will no longer be able to receive any updates by SMS. That's right, zero. In an email to users and blog post, Biz Stone says it's the money. "Even with a limit of 250 messages received per week, it could cost Twitter about $1,000 per user, per year to send SMS outside of Canada, India, or the US." Is this the beginning of the end for the much-vaunted app?

Artist Per Dybvig's First Exhibition in New York

Per Dybvig is a Norwegian artist and illustrator who has worked for several newspapers, illustrated books and worked in creative arts. He is considered one of Norway's most popular illustrator of children's books and have worked with several acclaimed Norwegian authors.

Pay Per Click (PPC) Summit Announces Google Sponsor and Free Book Giveaway: Landing Page Optimization by Tim Ash

Pay Per Click (PPC) Summit Announces Google Sponsor and Free Book Giveaway: Landing Page Optimization by Tim Ash

Thirty per cent of US Army may be robotic by 2020

By March this year, Britain had 1.3 million pensioners in its workforce which is up almost 9 per cent from last year, making it the fastest growing group in the labour market.

83 per cent say Archos 5g better than iPod Touch

It’s barely been public knowledge for a week, but Stuffers, it seems you just can’t get enough of the spanking new Archos 5g. A massive 83 per cent of you think it’s better than Apple’s mighty iPod Touch – high praise indeed.

EBay to cut 10 per cent of workforce

EBay will cut 10 per cent of its work force and spend about $US1.3 billion ($1.8bn) to buy online payment and classified companies to counter a slowdown in its main web auctions business.

EMEA smartphone market grows 28 per cent

Smartphone shipments have shot up by 28 per cent in EMEA this year breaking the ten million barrier, according to Canalys.

Ebay lays off 10 per cent of workers, acquires new company

San Francisco - Online commerce giant eBay is to fire 10 per cent of its workforce, or about 1,400 workers, the company said Monday. The Silicon Valley internet pioneer also announced that it was acquiring online payments firm Bill Me Later for 945 m...

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