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Panasonic reported forecasting record annual loss
TOKYO (MarketWatch) — Panasonic Corp. is expecting a record Y700 billion net loss for the current fiscal year ending in March well in excess of its existing forecast for a Y420 billion loss, the Mainichi Shimbun reported in its Friday morning edition.
The electronics and domestic appliance giant will revise its forecast to reflect a large one-off booking of goodwill for its acquisition of Sanyo...
Samsung profit up 17% on record smartphone sales
SEOUL -(MarketWatch)- Samsung Electronics Co. said Friday its fourth-quarter net profit rose 17% from a year earlier as record smartphone sales outweighed pressure from the firm’s other businesses, which have been hit by plunging demand in developed economies.
Samsung, the world’s largest technology firm by revenue, said its net profit for the three months ended Dec. 31 rose to KRW4 trillion...
Samsung sets record investment budget for 2012
SEOUL -(MarketWatch)- Samsung Group said Tuesday it will boost investment by 12% to a record KRW47.8 trillion (US$41.6 billion) this year.
South Korea’s biggest conglomerate didn’t provide a breakdown of the investment plans by business division but said its facilities investment will total KRW31 trillion this year, up 11% from last year, while capital outlays for research and development...
Verizon sees margin hit from record iPhone sales
NEW YORK -(MarketWatch)- Verizon Communications Inc. VZ said profit margins for its wireless venture dropped in the fourth quarter due to record high sales of the Apple Inc. AAPL iPhone, the wildly popular smartphone that typically costs more for carriers to buy than other handsets.
Verizon Wireless–co-owned by Verizon Communications and Vodafone Group PLC (VOD.LN, VOD) — sold 4.2 million...
Max Sound® Announces Recurring Revenue Deal and Partnership Program for Record Labels and Recording Artists That Choose Max Sound HD Audio™
SANTA MONICA, Calif., July 6, 2011 – Max Sound Corporation (OTC Bulletin Board: MAXD), the provider of breakthrough high definition audio solutions, announced today a new recurring revenue partnership program with record labels that choose to utilize HD Audio™ for their album releases.
Kicking off this new partnership program, Max Sound has agreed to terms with Flying Pig Productions, a popular...
VirTra Posts Record Breaking Quarter with More Than a 50% Increase in Growth & Profit from 2009
TEMPE, Ariz., Aug 09, 2010 (BUSINESS WIRE) — Don Andrus, VirTra Systems’ COO and President (Pink Sheets:VTSI), today announced a record setting quarter for growth and profits. VirTra reported another set of record revenues with over 50% growth as compared to the same quarter in 2009.
The second quarter of 2010 was the highest revenue-generating quarter in the history of the company. Three...
