Tag Archives: lead tech

Disk Drive Leaders Seagate, W. Digital Give Strong Outlooks

Shortly after computer disk drive maker Seagate released its latest results last week, Patrick O’Malley, the company’s chief financial officer, summed up his thoughts. “What a difference a year makes,” he told IBD. Indeed. Even in an industry known for volatility, the comparison is night and day. Or make that day and night. And not just for No. 1 drive maker Seagate (STX), but also for No. 2 Western Digital (WDC). Seagate swung to a profit of

Ctrip Miss, Sales View Hit Stock

Chinese online travel leader Ctrip International (CTRP) late Tuesday reported fourth-quarter earnings that missed analyst estimates by a penny, though sales beat views.The Shanghai-based company said per-share profit rose 46% to 19 cents from 13 cents a year earlier. Analysts were expecting earnings of 20 cents. That expectation is the consensus of just four analysts polled by Thomson Reuters, but it was the first quarter Ctrip missed earnings views

Google Hack Attack Could Signal Shift In Chinese Strategy

Did a paper published by two Chinese Army colonels more than a decade ago set the groundwork for last month’s attack on Google and other Silicon Valley companies allegedly by the Chinese government? That’s the argument of Winn Schwartau, a former adviser to the FBI and U.S. defense agencies on cybersecurity. He sees the cyberattacks as the inevitable outcome of a military report issued in September 1998 by two senior People’s Liberation Army