financial guidance

financial guidance

EA CEO Sends Farewell Letter: 'My Decision To Leave EA Is Really All About My Accountability'

www.businessinsider.com
Electronics Arts CEO John Riccitiello announced today that he'll be stepping down from his post. He was at the helm of EA for six years.  Matthew Lynley and Ian Sherr at The Wall Street Journal dug up the farewell memo Riccitiello sent to his employees. In it, the exec addressed the...
EA CEO Sends Farewell Letter: 'My Decision To Leave EA Is Really All About My Accountability'

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Appcelerator Launches "Innovation Fund" To Help Startups Speed Up Mobile App Development

techcrunch.com
Appcelerator is all about speeding the development of rich, native mobile apps. One way Appcelerator does this is with Titanium, its next-gen mobile app development platform. But now it’s looking to accelerate app development* by helping other startups focused on features, capabilities, or verticals that it’s not focused on itself....
Appcelerator Launches "Innovation Fund" To Help Startups Speed Up Mobile App Development
RIM manufacturing partner pulls the plug on BlackBerry phones

Intel's Profit Falls 4%

online.wsj.com
Intel reported a 4% profit drop and lowered its financial guidance amid weaker PC demand as many customers opt for tablets....
Intel's Profit Falls 4%

Mail.ru first quarter 2012 revenue spikes 45% year over year to $160.3 Million

thenextweb.com
The mail giant, Mail.ru, and perhaps largest Internet company in Europe has just reported its full 2011 fiscal results, and its preliminary first quarter 2012 results. From its report: revenue, on a year over year basis moved up in the first quarter of this year some 45% to over $160...
Mail.ru first quarter 2012 revenue spikes 45% year over year to $160.3 Million

AT&T sees a brighter Q2, projecting 500,000 new contract subscribers

gigaom.com
AT&T didn’t have the greatest first quarter. It sold a lot of smartphones, but it only brought in 296,000 new contract customers, less than half of archrival Verizon’s 677,000. But things are looking up in the current quarter. AT&T is projecting 500,000 net postpaid additions when it reports its Q2...
AT&T sees a brighter Q2, projecting 500,000 new contract subscribers

Demand Media CFO Out

allthingsd.com
Demand Media CFO Charles Hilliard is stepping down. He’ll be replaced by Mel Tang, who is currently the Web publisher’s SVP of finance. In a press release, Demand said it was also “reaffirming” its Q2 and 2012 financial guidance....
Demand Media CFO Out

EA CEO John Riccitiello Is Resigning: Here's His Farewell Letter

allthingsd.com
Electronic Arts CEO John Riccitiello said today he is stepping down at the end of the month, ending a difficult six-year reign that has seen the company’s stock fall more than 60 percent in that time. Mr. Riccitiello sent a memo to EA chairman Larry Probst, in which he said...
EA CEO John Riccitiello Is Resigning: Here's His Farewell Letter
RIM hires JP Morgan to explore options, most likely probably pushing for a sale

Electronic Arts CEO John Riccitiello resigns

www.guardian.co.uk
Exec takes blame for "shortcomings" in EA's financial results. Previous CEO Larry Probst takes temporary charge. Current COO Peter Moore mooted as possible replacementVideo game giant Electronic Arts has announced that CEO John Riccitiello is to resign from the company. In a letter to chairman of the board Larry Probst,...
Electronic Arts CEO John Riccitiello resigns

Electronic Arts Cuts Jobs At Montreal Studio Less Than Two Weeks After CEO's Resignation

techcrunch.com
Electronic Arts is laying off staffers at its Montreal office in another round of job cuts. The news comes less than two weeks after CEO John Riccitiello resigned, citing the company’s financial underperformance. EA declined to tell Reuters how many jobs are being affected, but Joystiq reports that the layoffs...
Electronic Arts Cuts Jobs At Montreal Studio Less Than Two Weeks After CEO's Resignation

EA CEO John Riccitiello steps down, Larry Probst appointed Executive Chairman

www.insidemobileapps.com
Game developer and publisher Electronic Arts today announced John Riccitiello will step down as Chief Executive Officer and as a member of the Board of Directors, effective March 30. Larry Probst, who was CEO prior to Riccitiello, was appointed Executive Chairman while the Board searches for a new, permanent...
EA CEO John Riccitiello steps down, Larry Probst appointed Executive Chairman

RIM warns of loss for Q1, hires JP Morgan and RBC Capital Markets to help with strategic review

www.engadget.com
RIM announced last quarter that it would no longer be providing its traditional financial guidance for upcoming quarters, but CEO Thorsten Heins has nonetheless seen fit to deliver a "business update" today that offers some indication of what it's store for the company. The headline is that it's unsurprisingly...
RIM warns of loss for Q1, hires JP Morgan and RBC Capital Markets to help with strategic review

Mayer missing from Yahoo's earnings call, though we'll "hear from her soon"

venturebeat.com
Yahoo has been around the block once or twice when it comes to picking out its CEOs, and it may be a little more protective with latest tap, Marissa Mayer. Mayer was not on the company’s earnings call today, and did not provide future financial guidance to give her...
Mayer missing from Yahoo's earnings call, though we'll "hear from her soon"

RIM hires JP Morgan and RBC to advise as its business erodes, could mean a sale

thenextweb.com
Research in Motion, Inc. has hired on JP Morgan and the Royal Bank of Canada to assist it with a strategic review of its business, reports CNBC. This could result in a heavy restructuring of the company or even a sale. To further enhance our commitment to successfully completing our...
RIM hires JP Morgan and RBC to advise as its business erodes, could mean a sale
Electronic Arts Continues To Weather More Storms

Liveblogging Meg Whitman's Remarks from the HP Analysts Meeting

allthingsd.com
Hewlett-Packard has convened a meeting of securities analysts in San Francisco at which CEO Meg Whitman is expected to give the latest look ahead at how she plans to turn the company around. As shareholders, employees and customers all know too well, there are many things that need fixing, and...
Liveblogging Meg Whitman's Remarks from the HP Analysts Meeting

Zynga cuts 2012 financial guidance, stock price plummets

www.electronista.com
Brokerages and market analysts have dropped price targets on Zynga stock by up to 40 percent after the social game maker slashed its 2012 guidance further due to revenue damage from departing gamers. Zynga said on Thursday it was losing paid customers from Facebook games CityVille and FarmVille, and reduced...
Zynga cuts 2012 financial guidance, stock price plummets

RIM Expects Operating Loss, Names Two New Senior Execs

allthingsd.com
Research In Motion, the troubled Canadian company that makes the BlackBerry line of smartphones, just announced that it expects an operating loss in the quarter ending June 2. “The on-going competitive environment is impacting our business in the form of lower volumes and highly competitive pricing dynamics in the marketplace,...
RIM Expects Operating Loss, Names Two New Senior Execs

Concur’s stock soars after landing huge government contract

www.geekwire.com
Shares of Concur Technologies jumped nearly seven percent in heavy trading Monday after the Redmond maker of travel and entertainment expense management software announced a long-term deal with the U.S. General Services Administration. As part of the deal, Concur will manage online bookings, travel authorizations and vouchers across various U.S. government...
Concur’s stock soars after landing huge government contract

Game publisher THQ delays games, suspends financial forecast

www.electronista.com
While Game publisher THQ exceeded its quarterly projections, the company has warned that three of its titles will be released significantly later than previously planned, and as a result it will need to generate additional capital to continue operations. All financial guidance for the remainder of the fiscal year through...
Game publisher THQ delays games, suspends financial forecast
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