Tag Archives: bad-request

IBM EPS Beats, Sales Miss Second Straight Quarter

IBM late Monday posted a mixed Q2 similar to Q1, as earnings per share minus items beat Wall Street expectations, but revenue missed. Big Blue posted Q2 earnings per share minus items of $3.84, down 13% from Q2 2014. Revenue from continuing operations also fell 13%, to $20.8 billion, the 13th straight quarter of year-over-year declines and the biggest percentage decline in that span. Analysts polled by Thomson Reuters had expected EPS ex items of

SunEdison Will Buy Vivint Solar, Eyes Alt-Energy Crown

SunEdison (SUNE) announced Monday that it will acquire No. 2 residential installer Vivint Solar (VSLR) for about $2.2 billion in cash, stock and notes, the latest of several multibillion-dollar deals that are part of its aggressive strategy to become one of the world’s top alternative energy players. In residential installation, Vivint Solar trails only SolarCity (SCTY), whose chairman is Tesla Motors (TSLA) CEO Elon Musk. In January, Maryland

China Phone Makers Gain, ‘Receding’ iPhone Demand?

Chinese mobile phone makers gained share vs. Apple (AAPL) in June amid what Bernstein Research described as possible “receding iPhone momentum,” and overall smartphone shipments fell 15% from the previous month, according to figures released by the China Academy of Telecommunication Research. China is a key market for Apple, which reports earnings after the close Tuesday. Analysts expect Apple to comment on iPhone demand in China in light of that