White House meeting aims to kick start US climate bill
Obama says he wants comprehensive climate and energy legislation, and he wants it this year President Obama yesterday rolled up his sleeves and waded into the increasingly fractious debate surrounding plans for a US climate bill, gathering key Democrat aRead more |
Google rolls out Google Apps Marketplace
Search giant to target Apple and Microsoft with business apps store Microsoft's Office suite may have its work cut out following the release today of search giant Google's new business Apps Store....Read more |
MPs want PFIs included in IFRS government reporting
Treasury committee urges government to include PFIs on the book when reporting "whole of government" accounts MPs are demanding the Treasury publish Public Sector Net Debt statistics - calculated according to International Financial Reporting Standards tRead more |
Two third of shoppers less likely to return goods online
and most aren't aware of their on-line consumer rights A Business, Innovation and Skills Department survey has revealed almost two-thirds of consumers are less likely to return goods bought online than those they have purchased from the high street....Read more |
Civica pumps up sales and profits
Public sector specialist hit nine per cent growth last year UK software and services outfit Civica enjoyed a growth spurt in 2009 after completing five acquisitions during the year. The firm, which was snapped up by private equity firm 3i...Read more |
HP wields axe following Q2 results
HP has announced plans to cut another two per cent of its workforce afterregistering a 17 per cent drop in quarterly net profit.
The technology one-stop-shop saw net profit for its fiscal second quarter to
30 April fall to $1.7bn (£1.1bn), compared with $2.1bn a year earlier.
Revenue slipped three per cent to $27.4bn as sales in every major product
group outside of services plunged by double digits.
Enterprise Storage and Servers (ESS) was the worst hit, reporting a 28 per
cent decline in revenue to $3.5bn. Personal System Group (PSG) revenue fell 19
per cent, HP Software sales by 15 per cent and Imaging and Printing sales by 23
per cent.
HP Services provided one bright spot in the quarter as group revenues rose 99
per cent on the back of HP’s recent acquisition of EDS.
HP chief executive Mark Hurd said: “Our services business continued to
deliver strong profitability with an increased deal pipeline and the EDS
integration tracking ahead of schedule.”
The technology mammoth revealed in an accompanying conference call that it
plans to cut a further two per cent of its headcount – equating to more than
6,000 jobs. This comes
on
top of the 24,600 posts HP is in the process of axing in relation to the EDS
acquisition.
During the quarter, HP harvested $10.6bn in sales from EMEA – down 11 per
cent in dollar terms and two per cent in local currencies.
The giant added that it expects full-year 2009 revenues to fall by around
four to five per cent.
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Personal Accountz
Control your personal finances easily Having a program to review your personal finances is a good idea, especially in a recession. Despite the rather silly spelling of its name, Personal Accountz can be used to track bank accounts, loans, credit cards Read more |
Review: System Mechanic 9.5
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Corel Paintshop Photo Pro X3
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