Novellus System Inc.’s NVLS -6.04% second-quarter profit edged up 2.3% as an increase in revenue offset higher expenses. Novellus Chairman and Chief Executive Richard S. Hill said the company plans to drive further gains and revenue growth with the emergence of its 3D NAND and advanced logic applications, which are used for cloud computing and storage. Novellus, which makes tools used in semiconductor... 

Alliance Data Systems Corp. ADS +0.38% said the delinquency rate for private-label cards it oversees fell in April but charge-offs edged up sequentially. The company, which oversees accounts for retailers such as Victoria’s Secret, Ann Taylor and Pottery Barn, has generally benefited from a slowing pace of credit losses and delinquency rates in recent quarters. Last month it reported its first-quarter... 

SAN FRANCISCO (MarketWatch) — Microsoft Corp. on Thursday posted a decline in quarterly profit as a year-earlier boost from the company’s Windows 7 software faded. But overall revenue climbed by 5%, powered by strong demand for the Microsoft’s Kinect videogame device. Shares of Microsoft fell nearly 1% to $28.64 in after-hours trading, following the earnings report. Microsoft (MSFT 28.68, -0.19,... 

SPOOFEM.COM’s Hacker For Hire Service Booming With Spyware Installation Inquiries ATLANTA, GA, Aug 09, 2010 (MARKETWIRE via COMTEX) — SPOOFEM.COM’s, (PINKSHEETS: SPFM) Hacker for Hire service received more inquiries about installing spyware or removing spyware on a spouses cell phone than any other service last week. Installing spyware on an individual’s cell phone or computer...