Archive for the 'Company Finances' Category

PlayStation Vita, PlayStation 3, PSP and PlayStation 2 Retail Sales Exceed 6.5 Million Units Worldwide During the Holiday Sales Season

Sony Computer Entertainment announced that holiday season(*1) retail sales of PlayStation Vita (PS Vita), PlayStation 3, PSP and PlayStation 2  exceeded 6.5 million units worldwide(*2). PS Vita sold half million units(*2) to consumers since its launch on December 17, 2011 in Japan and December 23, 2011 in Asia(*3).  Deep and immersive gaming is at the [...]

Akamai to Acquire Cotendo

Akamai Technologies (NASDAQ: AKAM) and Cotendo announced that the two companies have signed a definitive agreement for Akamai to acquire Cotendo. Helping to mitigate the challenges of operating in a hyperconnected world, Akamai provides a secure platform over which businesses can engage users across the Web, mobile, cloud, or a mix of public and private [...]

Adobe Reports Record Quarterly and Annual Revenue

Adobe Systems Incorporated (Nasdaq:ADBE) reported financial results for its fourth quarter and fiscal year ended Dec. 2, 2011. Fourth Quarter Financial Highlights Revenue was $1.152 billion, which exceeded the company’s target range of $1.075 billion to $1.125 billion, and represents 14 percent year-over-year revenue growth. Diluted earnings per share were $0.35 on a GAAP-basis, and [...]

Merchant Cash Advances Expected to Increase in 2011 Holiday Season

With the expectation of small business loan financing to remain bleak into the upcoming holiday season, merchants and small business owners will be seeking out alternative means of working capital for the Christmas rush, expected to result in an increased demand for merchant cash advances from financing sources like BusinessCashAdvance.com. A gap in the credit [...]