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WebProNews | Breaking eBusiness News Your source for investigative ebusiness reporting and breaking news.
Cingular Suffers Big Loss In First Quarter

Cingular Wireless reported a loss of $240 million for the first quarter even though the company has experienced solid revenue and subscriber growth.

Pernod Ricard and Fortune Brands To Take Over Allied Domecq

Pernod Ricard and Fortune Brands have made an agreement to takeover Allied Domecq which makes Malibu Rum and Beefeater Gin.

Intel Revenue Boosted Up 17%

Intel announced first-quarter revenue of $9.4 billion, up 17 percent year-over-year and down 2 percent sequentially.

Consumer Prices Leap Over Expectations

United States consumer prices went up by more than analysts expected in the month of March.

Intel Gets 25% Net Income Boost

Intel reported that first-quarter net income was $2.2 billion, up 25% year-over-year and up 1% sequentially.

Microsoft and RIM Extend Messaging to BlackBerry

Microsoft along with Research In Motion (RIM) is working to extend enterprise instant messaging to BlackBerry subscribers.

Adobe And Macromedia Combine To Make One “Powerful Force”

Adobe Systems has agreed to buy Macromedia in an all-stock transaction valued at approximately $3.4 billion.

Interchange Powers ivantage Local-Search and Directory Network

Interchange Corporation, a leading provider of local and national paid-search services in the United States and Europe, announced today that the company is providing its local-search and advertising platform to power a comprehensive network of over 2,000 city-based search and directory sites for online city guide provider, ivantage.

Pulitzer Net Income Falls From Last Year’s Numbers

Pulitzer announced that first-quarter 2005 net income was $7.0 million, or $0.32 per diluted share, compared with $8.1 million, or $0.37 per diluted share, in the prior year.

Peninsula Goes To Johnson & Johnson

Johnson & Johnson announced a definitive agreement under which Ortho-McNeil Pharmaceutical, a subsidiary of Johnson & Johnson…

Forest Makes With Fourth Quarter and Full Year Results

Forest Laboratories reported revenues and earnings for its fiscal fourth quarter and twelve months ended March 31, 2005.

TASER Releases 1Q Results

TASER International announced that revenues and earnings for the first quarter of 2005 were $10.2 million and $168,000, respectively.

Krispy Kreme Missed Deadline for Form 10-K Filing

Krispy Kreme was not able to file its Form 10-K for the fiscal year ended January 30, 2005 by the regulatory deadline.

Coke Profit Falls From A Year Ago

The Coca-Cola Company reported first quarter earnings per share of $0.42, compared with $0.46 for the prior year first quarter.

S-LCD Ships New TFT LCDs To Samsung and Sony

S-LCD began shipping mass produced Generation-7 amorphous TFT LCD (thin-film transistor liquid crystal display) modules to its parent companies, Samsung and Sony.

Microsoft Releases Newest Visual Studio and SQL Server

Microsoft announced availability of Visual Studio 2005 Beta 2, Microsoft .NET Framework 2.0 Beta 2 and the SQL Server 2005 April Community Technology Preview (CTP).

Adobe And Macromedia To Give Microsoft A Run For Its Money

As you have probably heard by now, Adobe is buying Macromedia in $3.4 billion all-stock transaction.

GM Loses $839 Million In the First Quarter

General Motors reported a loss of $839 million, or $1.48 per diluted share in the first quarter of 2005, excluding special items and a tax-rate adjustment.

Microsoft and RIM Collaborate On Enterprise Messaging

Microsoft and Research In Motion (RIM) announced a product collaboration and joint marketing agreement to extend enterprise instant messaging…

Ford Profit Down From Last Year

Ford Motor Company reported net income of 60 cents per share, or $1.21 billion, for the first quarter of 2005.

MGM Mirage and Pansy Ho Chiu-king On the Raod To Macau

MGM Mirage announced that its joint venture partnership with Pansy Ho Chiu-king has been granted a subconcession which allows the partnership to develop and operate hotel and casino resorts in Macau.

FundsXpress and Coremetrics Provide Detailed Analysis of Consumer Behavior Helps Banks

FundsXpress, a provider of Internet-based financial services, and Coremetrics, a provider of hosted Web analytics and precision marketing solutions, announced a partnership to integrate detailed analysis of consumer behavior with online banking, bill pay, and other key channel solutions for financial institutions.

Dell One of First To Include Dual-Core

Dell’s workstation and consumer desktop lines will be among the first to include the enhanced performance enabled by Intel’s new dual-core processor technology.

Shell and Bechtel Selling InterGen

The Ontario Teachers’ Pension Plan has formed a joint venture with AIG Highstar Capital II, L.P. to purchase InterGen N.V. and 10 of its power plants from Shell Generating (Holding) B.V. and Bechtel Enterprises Energy B.V.