International Business Machines Corp ( IBM.N ) reported its 19th straight quarter of declining revenue, but forecast full-year earnings above Wall Street estimates due to growth in newer areas such as cloud-based services and analytics. However, investments ... Reuters, 1 month ago
By Yashaswini Swamynathan (Reuters) - The Nasdaq hit a record intraday high on Tuesday, extending its run as healthcare stocks rose for the sixth straight session, while a jump in banks lifted the S&P 500. The Dow, however, was weighed down by a 1.8 percent ...Sify, 1 month ago US STOCKS-Nasdaq hits record high; IBM weighs on Dow Sify, 1 month ago US STOCKS-S&P ends flat as healthcare advance offset by lower oil Sify, 1 month ago S&P ends flat as healthcare advance offset by lower oil Sify, 1 month ago
'The industry growth in 2016 came from the new digital technology segment which grew at over 20%.''The challenge for the industry is that the legacy business makes up almost 80% of revenue.''Hence the urgency to transform into digital business.'Ayan Pramanik reports. The information technology sector had to reduce growth numbers for only the second time in a decade, the first being after a US recession triggered by the Lehman Brothers collapse. This time, they faced challenges due to ...Rediff.com, 1 month ago
* Dow under 100 points away from hitting 20,000 mark * Fed begins two-day meeting; statement on Wednesday * Tech stocks jump; Apple, Microsoft among the biggestboosts * Indexes end up: Dow 0.58 pct, S&P 0.65 pct, Nasdaq 0.95pct (Updates to close, adds ...Sify, 2 months ago US STOCKS-Wall St extends record rally, Dow closes in on 20,000 Sify, 2 months ago US STOCKS-Wall St touches record high as post-election rally continues Sify, 2 months ago Wall Street adds to record rally, Dow approaches 20,000 Sify, 2 months ago
'Indian firms face an uphill battle to replace the revenue compression that is affecting their legacy business. They face new competitors in digital markets who have strong advantages over Indian firms.' IMAGE: Indian firms are undercutting each other to win more traditional services contracts, affecting their overall growth. Photograph: Reuters. India’s software exporters seem to be the new incumbents in the global technology outsourcing space. In the next two years, clients such as ...Rediff.com, 2 months ago
The concept of working from home seems to have been catching the fancy of both the employers and the employees. Companies are increasingly providing this option on their employee contracts. Well-established companies such as IBM, Dell, Amazon, Nielsen, ...The Financial Chronicle, 2 months ago
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