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Qualcomm
Q1 profit beats estimates
San
Diego: Wireless technology giant Qualcomm Inc. on
Wednesday posted a higher net profit for its fiscal first
quarter as stronger-than-expected earnings, excluding
investments, boosted results, helped by demand in Asia.
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Pfizer
Int. profit rises on blockbuster drugs
New
York: Pfizer Inc., the world's largest drugmaker,
said on Wednesday fourth-quarter profit jumped 46 per
cent, driven by sales of prescription treatments for high
cholesterol, depression and impotence.
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Lucent
posts 11th consecutive quarterly loss
New
York: Lucent Technologies Inc. on Wednesday posted
its 11th straight quarterly loss amid lower sales, but
said the market may be "closer to stability"
for the telecommunications equipment maker that has been
battered by the slump in customer spending.
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Computer
Associates net loss narrows, revenues up
New
York: Software maker Computer Associates International
Inc. on Wednesday posted a much narrower net loss, citing
a pick up in the economy but said sales in the current
quarter would fall short of analyst estimates as customers
continue to pare technology spending.
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Microsoft
appeals Java must-carry ruling
Califronia:
Microsoft Corp. asked a federal appeals court on Wednesday
to shelve a lower court order that would force it to start
incorporating Sun Microsystems Inc.'s Java programming
language in its Windows operating system.
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US
judge throws out obesity suit against McDonald's
Washington:
In a major victory for the fast food industry, a federal
judge on Wednesday dismissed a widely watched suit in
which McDonald's hamburgers and French fries were blamed
for children's obesity.
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Security
top priority in Bush's plan
Washington:
The White House said on Tuesday that President Bush would
propose slowing spending growth to 4 per cent in his fiscal
'04 budget, bolstering homeland security and the military
at the expense of other government programmes.
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