BEIJING (AP) — Chinese portal Sohu.com Inc. said Monday its latest quarterly profit tumbled to $2 million due to higher expenses but revenue rose 29 percent, reflecting intense competition in China’s Internet industry.
BEIJING (AP) — Chinese portal Sohu.com Inc. said Monday its latest quarterly profit tumbled to $2 million due to higher expenses but revenue rose 29 percent, reflecting intense competition in China’s Internet industry.
Israeli software provider Nice Systems reported higher quarterly profit that met estimates, and forecast up to a 9 percent rise in 2014 revenue due to continued growth for its analytics products. Nice said on Wednesday it earned 75 cents a diluted share excluding one-time items in the fourth quarter, in line with expectations and higher […]
SEOUL (Reuters) – Samsung Electronics Co Ltd posted its first decline in quarterly profit in two years, hit by a one-off special bonus as well as slowing smartphone sales as it braces for a year of tougher competition with rival Apple Inc. The South Korean maker of Galaxy-brand smartphones said October-December operating profit fell 6 […]
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